Costing as a finance enabler
Kent and Medway NHS and Social Care Partnership Trust, South East, Mental Health
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Kent and Medway NHS and Social Care Partnership Trust, South East, Mental Health
The trust needed to better understand its cost base from a whole service perspective, otherwise it would be faced with a recurrent underlying deficit or efficiency savings would be wrongly targeted. This would have negatively impacted on the longer-term viability of the trust’s services.
How might we understand our cost base compared to our present funding, so that we may offer a sustainable, safe service to our population?
The outputs are:
The outcomes are:
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Read now“Good example of where the finance team have enabled a wider organisational solution, through the provision of finance intelligence to support solutions.”
“A great piece of work that can be implemented at other Trusts”
“This innovation is worth of recognition as it has addressed the problem identified and also been shared wider with commissioners to provide a transparent view of the costs versus income which can lead to improved data driven decisions”
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