Event / Costing revolution summit 2022
About this event
This event supported the Institute's Costing Revolution work stream looking at improving collaboration with the wider finance and non-finance function. There was a focus on the use of costing information and working with others to improve the quality and use of patient-level data. This event supported practitioners to improve costing processes and data; to move towards the production of reliable and accurate patient-level data; and to work with others to use data to support decision-making and improve patient care.
Session content
The Kingdom of Saudi Arabia (KSA) currently faces critical challenges that hamper the financial sustainability of the current healthcare system. KSA’s government healthcare costs are currently expected to more than double between 2019 and 2030. The Health Sector Transformation Program (HSTP) reforms aim to bring costs under control by optimizing capacity, improving prevention, increasing efficiency, and minimising duplication of efforts in the health sector. Such transformation requires good quality information, and this session will focus on the alignment between regulators and providers on the strategic importance of PLICS and the critical role it plays in underpinning a value-based approach in healthcare.
The costing team at Greater Manchester Mental Health NHS Trust needed a method to visualise large quantities of data to support reviewing patient allocations and to better respond to queries from colleagues. They developed a series of dashboards to assist with improving data quality and allow more detailed conversations with clinicians and other data providers. In this session Sheelagh will share details of the process they went through to develop the dashboard, the positive impact the approach is having and also demonstrate some of the statistical process control (SPC) charts they have used.
Mid and South Essex Integrated Care Board is proactively taking on the challenge of addressing system costing. Jenny has been appointed system costing hub lead and is developing a strategy for costing across the ICS. In this session Jenny will talk about the challenges they have faced, what they have planned and the benefits they hope this approach will bring.
The session will explore how the role of costing has changed and the variety of skills needed to
get the full potential from cost and activity data.
There were no slides used for this session.
Used properly, patient-level cost data should support service and financial improvement. The WAVE programme at Nottingham University Hospitals NHS Trust is doing just that while gaining increasing support from its clinical specialities. In this session Scott will give an overview of the WAVE programme and Sophie and Clair will talk about the impact the programme has had on paediatric services at the trust.
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Related content
This event is for those that will benefit from an overview of costing in the NHS or those new to costing and will cover why we cost and the processes.
This event focused primarily on the use of costing information and the importance of working with others to turn data into business intelligence.