As part of the People at the Heart of Care: adult social care reform white paper, local authorities are required to complete a Cost of Care exercise to arrive at a shared understanding with providers of the local cost of providing care. In addition, authorities are required to publish a Market Sustainability Plan detailing how they plan on working towards the cost of care (where this is not already being paid) over the next 3 years. This ambition is in line with the wider, ten-year vision as set out in the White Paper.
In undertaking the exercise, local authorities were to identify the lower quartile, median and upper quartile costs in the local area for the following care categories:
- 65+ care homes
- standard residential care
- residential care for enhanced needs
- standard nursing care
- nursing care for enhanced needs
- 18+ domiciliary care (home support – excluding short term or reablement provision.
Following the completion of this exercise in Coventry and in line with national guidance provided by the Department of Health and Social Care, we are now in a position to share our Cost of Care Report (Annex B) for each market and our Market Sustainability Plan (Annex C).
Market Sustainability Plan
Our Market Sustainability Plan gives an overview and assessment of current market sustainability for 65+ residential and nursing care homes and 18+ home support provision, the impact of future market challenges and our plan to support market sustainability over the next two years. This plan will sit alongside our refreshed Market Position Statement due Summer 2023.
If you would like to discuss this plan in further detail or require any additional support please contact SocialCareCommissioning@coventry.gov.uk
Cost of Care Reports
In summary, each Cost of Care Report outlines our approach to:
- Conducting the exercise
- Rate of return
- Methodology used in validating information
- The upper and lower quartile and median figures established
View the Cost of Care reports.
The information gathered will continue to provide useful insight into the provider market in Coventry and assist in our understanding of how we can best support providers through both financial and non-financial means.
Should you have any questions or would like to speak to us regarding the Cost of Care exercise, please contact SocialCareCommissioning@coventry.gov.uk