Written question asked by Lord Scriven (Liberal Democrat) on Thursday, 16 May 2024, in the House of Lords. It was due for an answer on Friday, 31 May 2024. It was answered by Baroness Vere of Norbiton (Conservative) on Friday, 24 May 2024 on behalf of the Treasury.
NHS: Sovereign Wealth Funds
- Question
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To ask His Majesty's Government what consideration they have given to establishing a sovereign wealth fund, funded by surpluses generated from the commercial value of the use of NHS data sets, calculated at £5 billion per annum.
- Answer
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The Government recognises the potential value that NHS data sets can generate and is committed to ensuring that the NHS realises a fair share of any value arising from data partnerships. To this end, the NHS's Value Sharing Framework outlines guiding principles to support this objective.
However, the Government has no plans to create a sovereign wealth fund predicated on the sale of access to NHS data. Rather, we continue to carefully explore the most effective ways to derive value from the use of health data for research purposes. This exploration is conducted with a focus on ensuring fair value for the NHS and upholding public trust.
Secondary information
- Type
- Written question
- Reference
- HL4745
- Session
- 2023-24
- Subjects
- NHS Sovereign wealth funds
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-05-24 13:44:10 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2023-24/HL4745
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2023-24/HL4745
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2023-24/HL4745