Virtual Wallet PHB Direct Payments

What the notice records

Buyer

HAMPSHIRE AND ISLE OF WIGHT ICB

Supplier

Imosphere Ltd

Company number 02878495 (Companies House)

Awarded value

£113,828 (the notice’s own figure, in GBP)

Award date

13 August 2026

Notice published

3 September 2026

Category (CPV)

Industry specific software package (48100000)

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.

Source

Contracts Finder — official notice