Social Care
Calculating the Fair Cost of Care
The Prime Minister in September 2020 announced the goal of establishing a sustainable care market for care providers. This need has been accelerated by the release of the government’s policy paper “Market Sustainability and Fair Cost of Care Fund”, which sets out that the government will be providing funding to support local authorities moving towards paying providers a fair rate of care.
All councils in England are now required to urgently carry out a ‘fair cost of care exercise’ as detailed in the policy paper and further guidance released by the Department of Health and Social Care (DHSC) on 24th March 2022.
Improving Your Social Care Services
With reduction in funding and increases in demand for social care services, delivering outcomes for vulnerable residents and preventing future demand is more challenging than ever before. The rising number of people needing social care and thus the rising costs of it means that there is continuous pressure on council budgets. Coupled with this is the new need to establish a sustainable care market for care providers.
We can see a greater need for improving the way we manage and calculate the fair cost of delivering care.
Through more than 10 years of research and experience, we have been looking at the future for local public services and have created a dynamic and sustainable solution that can have a real impact on these social care services.
Our Fair Cost of Care Solution
iESE has delivered the Care Home Cost of Care Tool on behalf of CHIP (delivered by ADASS and the LGA) which is free to all councils (and any 3rd parties working with councils on cost of care) and providers to use.
The tool is built on the existing web based CareCubed platform and aims to support both councils and care providers in future cost of care work.
CareCubed, is already used in more than 100 councils and care providers across the UK. CareCubed has been developed in partnership with both commissioning authorities and care providers and has already handled more than 50,000 cost of care assessments.
Andrew Larner, CEO at IESE said “We are confident that our 16 years of research and development into fair price fair care creates a platform which can bring transparency to care commissioners and care providers alike. As a not for profit, social enterprise, for the good of the sector we will ensure that this is an intuitive tool that will help to drive the future of care services across the country. We are very excited to be selected as the technology partner for the fair cost of care exercise and we look forward to working with partners to deliver positive outcomes for councils, providers, and residents.”
Read Our Case Studies on Social Care
Sustainable Care + Fair Cost
Surrey County Council
Council gains confidence that they are paying a fair cost of care and helping deliver a sustainable environment for providers and children.
Significant Financial Savings
Essex County Council
CareCubed brings significant financial savings and cost avoidance totalling to £510k, and has opened dialogue on rates with providers.
Fair Price for Children's Placements
Hackney Council
Council delivers £200,000 per annum cost avoidance on just four placements in children’s services using CareCubed.
Children's Module Reaps Riches
Haringey Council
CareCubed Children’s saved council £307k in the first four months of implementation showcasing staggering return on investment.
Consistency Sourcing Care Placements
Wiltshire Council
Savings of £605kpa and consistency of approach to sourcing individual care placements using CareCubed bringing creditability with providers.
Greater Control of Care Costs
Moray Council
CareCubed brings greater control of care costs with savings of £7k a month for adults with learning disabilities whilst also improving the quality of care.
Care Provider Cost Clarity
The Disabilities Trust
Care provider gains clarity over support needs and consistency of approach for placement prices creating an evidence-based negotiation process.
Charity Improves Care Negotiations
Together for Mental Wellbeing
CareCubed helps charity negotiate better rates and protect their revenue to ensure quality care and show compliance with CQC standards.
IESE’s solutions to overcome your social care challenges
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Contact Us
To access the fair cost of care tool, please click on the relevant button below.
If you would like to speak to us directly, please email carecubed@iese.org.uk and a member of the iESE Team will be in touch with you shortly.
By filling out the form above you are consenting to our use of your details to process your request and follow up contact regarding the information that you are requesting. To read more about our GDPR compliance, please go to the iESE Privacy Statement page.
Alternatively you can email us directly at enquiries@iese.org.uk.
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