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Care Homes & Education

Stage 1

Costing

  • Detailed costing of the rota for a given provision.

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  • Taking account of training hours and hourly rate for each staff level within the rota.

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​Benefit

  • A report detailing total cost of the rota at varying level of occupancy.

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  • Highlight the sensitivity of the rota to variables such as sickness, agency and bank staff.

STAGE 2

PRICING

  • Based on stage 1 work, we advise a generic pricing structure for the provision.

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  • This will be based on: 

    • Rota costing

    • sickness level

    • Agency spend

    • Admin & auxiliary costs

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Benefit (Stage 1 plus)

  • Generic pricing model.

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  • Generic Care Funding Calculator (CFC).

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  • Net Margin report for each varying level of occupancy.

STAGE 3

Resident MatriX

  • Resident's pricing compared to current fees paid by funders.

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  • gap analysis between fee paid and optimum pricing for a given resident.

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  • Determination whether residents are rightly, under or over priced.

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  • The matrix informs which strategy to focus the home's effort in pursuing fee negotiation.

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Benefit (Stage 2 plus)

  • Detailed pricing per resident.

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  • Resident Matrix comparator.

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  • Proposed strategy for funding gap

STAGE 4

Continuing Support

Benefit (Stage 3 plus)

  • Support with fee negotiation with local authority, CCG or fee payers.

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  • Recommendation on annual fee increase.

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  • Attendance at board meetings with contribution to relevant papers.

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  • Reporting on factors influencing performance such as:

    • Sickness & Agency Cover.

    • ​Increase in National Living Wage and inflation

    • Efficiency of operations.

Consulting

  • Individualised Care Funding Calculator (CFC) per resident.

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  • Financial modelling and analysis.

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  • System implementation (cloud based).

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  • Fee collection automation for contribution to care (mobility contribution, parent contribution)

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  • Automation of accounts payable (from purchase orders to invoice payment).

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