Saving Money

We work with commissioners to ensure that we provide the most cost effective solutions, based on Connected Care service specifications. 

We use a cost benefit model to map the current flow of money in and out of local services - and then model the consequences of new decisions. This ensures that every penny is spent wisely, so health and social care services are developed in the most affordable manner.

The results speak for themselves. Our projects highlight the benefits of integrated early intervention programmes. In fact, we've found that working in this way can produce resource savings of up to £2.65 for every £1 spent. These cost benefits support the case for change and the development of community services to better meet local needs. 

For example: 

Independent cost benefit analysis of the service by Apteligen [1] demonstrated that cost improvements can be made for Birmingham City Council  as a result of interventions offered by our Community Navigators:

  • Five cases were considered, which were typical of the individuals using the service.
  • The analysis demonstrateda net cost improvement of between £1,956.86 and £9,812.73per person (dependent on need).
  • The majority of savings wereattributed to the local authoritythrough benefits from secured tenancies; improved personal care; fewer missed appointments and reduction of falls at home.

Relevant research conducted by the London School of Economics (LSE) [2] in this area concluded that investment in community initiatives were both cost effective and generated net economic benefits over both short and longer term due to reduced need for social care services. LSE analysis found that:

  • Timebanking saved £1300 per member based on a cost of £450;
  • Befriending saved £35 in the first year rising to £300 in subsequent years for a cost of £80; and
  • Navigation saved £900 per person for a cost of £300.

 


[1] Apteligen data (April 2014) analysing the cost improvement of 5 cases based on 3 months prior to accessing the service, 3 months of support and 3 months after. Further follow up is scheduled to continue monitoring longer term benefits.

[2] Knapp M et al (2011) Building Community Capacity: Making an Economic Case. LSE