At C.Co we work collaboratively with commissioners and providers to develop an evidence base for a local cost of care. In accordance with CIPFA’s Cost of Care Guidance, at C.Co we believe that locally informed cost and quality modelling, based on actual costs incurred by providers is most reliable and relevant for Commissioners. Our approach recognises that good commissioning practice requires an understand of both the market and provider costs incurred in running a business. We understand that critical to sustainable provision is that providers have sufficient cash flow to service costs and a sufficient return to ensure continuation of business in the long term – meaning the outcome of any cost of care exercise has to be affordable, reasonable and most importantly fair.
Take a look at our cost of care brochure to get a better understanding of the approach we adopt to improve the sustainability of local care markets whilst increasing value for money for commissioners.