Frequently Asked Questions
How does Formulate manage integrated budgets between health, social care and education?
Our assessments include the most important questions which impact funding in health, social care or education domains. Formulate is then able to facilitate an integrated approach, as opposed to using multiple different algorithms.
For children and young people, a fully integrated tool and algorithm is available, which produces a single overall budget for social care, health and education if required, whilst allowing for individual or dual organisational approaches depending on the level of practical integration in place locally.
For adults, we have a single algorithm that can be configured for social care, continuing healthcare and for people whose needs fall between the two (integrated budgets). There is the option for Formulate to manage the funding balance between health and social care.