Contract award · 13 Aug 2026

Virtual Wallet PHB Direct Payments

Hampshire and Isle of Wight ICB awarded “Virtual Wallet PHB Direct Payments” to Imosphere Ltd for £114k on 13 Aug 2026.

Software & information systemsSouth East

Value £114k
WinnerImosphere Ltd

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Value
£113,828.35
Procedure
Call-off from a framework agreement
Sector
Software & information systems · Industry specific software package (CPV 48100000)
Timeline
  1. Contract date13 Aug 2026
  2. Published3 Sep 2026Published 21 days after the contract date

Description

HIOW ICB have procured Imosphere Formulate to support the direct payment of Personal Health Budgets across all age continuing care including adults, children and young people and those eligible under section 117 of the mental health act. Imosphere Formulate is a digital tool that calculates an indicative budget based on the individual's care and support needs. This allows clinicians to have a transparent conversation with the client from the beginning about the budget they have to work within when considering how they will purchase services. This supports a strength-based conversation and approach. The system is consistent and accurate which helps with financial management and consistency of process and provides quality information which helps to identify additional training or process changes where necessary.

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