About this event
This event provided delegates with an introduction to costing, why we cost and provided some insight into the costing process. Delegates heard about the National Cost Collections (formerly the Costing Transformation Programme) and the importance of accurate costing information to the wider NHS. The day concluded with a case study example of how costing information can be used to help inform strategic decision making.
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Collecting, analysing and understanding the cost of NHS patient care is vitally important in
making decisions about how to manage and deliver sustainable high-quality services. This
session will introduce the key concepts of patient-level costing, including:
• What is costing
• Why costing is important
• Why we collect costing information
• The role of a costing practitioner
Costing in the NHS has changed significantly over recent years. In this session you will hear
about the evolution from reference costs to the Costing Transformation Programme, the
development of the costing standards, the National Cost Collection and the move to patient level costing.
Reporting accurate cost information into a national database isn’t the only reason to collect patient-level data, and increasingly is not even the main reason. Organisations with Patient Level Information and Costing Systems (PLICS) are now starting to analyse and interpret their data locally to make important decisions about their services. This session will look at how organisations can use costing information to help make improvements to patient care.
This event is for senior NHS finance and healthcare professionals and will provide delegates with the know-how to begin applying value in practice.
A delegate-led day tackling specific technical costing challenges and discussing some of the practicalities of implementing the costing standards.