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What is fundholding?

What is fundholding? Here are some definitions.

Noun
  1. (economics) The holding of a fund.
  2. (Britain) A former system of state funding of general practitioners in which they were allocated a budget for services by the local hospital.
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Examples
A degree of fundholding already occurs in principle in some medical schools.
In April 1991 prescribing budgets were introduced into English general practice as part of the fundholding and indicative prescribing schemes.
He does not think fundholding was an ideal system but points out that it did give GPs some control over the health delivered in their local area.
This is an idea raised by health economist Paul Gross, who says fundholding has merit, but he's not convinced divisions are the organisations to hold the dollars.
He was a trainer and pioneered computing and fundholding in his practice.
Community fundholding was aimed at small practices or those not ready for the full scheme.

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