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t: 0333 405 33 33 e: [email protected] w: www.qcs.co.uk Financial Viability Guidance for Care Providers How do I show I run a viable service when What should I do and may include; are prepared to offer additional resource beyond the Being accurate It is important to accurately und erstand why you need the Locate your reason why Reduced occupancy levels requirements

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Page 1: It is important to accurately understand why you need the ......It is important to accurately understand why you need the Locate your reason why Reduced occupancy levels requirements

t: 0333 405 33 33 e: [email protected] w: www.qcs.co.uk

Financial Viability Guidance for Care Providers

How do I showI run a viable service when

What should I do

and may include;

are prepared to offer additional resource beyond the

Being accurate

It is important to accurately understand why you need the

Locate your reason why

Reduced occupancy levels

requirements

•••

Page 2: It is important to accurately understand why you need the ......It is important to accurately understand why you need the Locate your reason why Reduced occupancy levels requirements

t: 0333 405 33 33 e: [email protected] w: www.qcs.co.uk

Outline your allies

Record your reason why

Step 01

Step 02

information and demand from councils for the care you are offering. Use public health information to help you

determine this.

A summary of your statement of purpose/business plan If you have a clear and accurate statement of purpose

you can use an abridged version of this

Financial Viability Guidance for Care Providers

Page 3: It is important to accurately understand why you need the ......It is important to accurately understand why you need the Locate your reason why Reduced occupancy levels requirements

t: 0333 405 33 33 e: [email protected] w: www.qcs.co.uk

Documents such as;

it will continue?

Step 03

Step 04

Financial statement from your accountant

Business Plan

Full statement of purpose

• •• • • • • • •

The financial viability letter – if you are a relatively

CQC comparisons by using the CQC datasheets•

Financial Viability Guidance for Care Providers

Page 4: It is important to accurately understand why you need the ......It is important to accurately understand why you need the Locate your reason why Reduced occupancy levels requirements

t: 0333 405 33 33 e: [email protected] w: www.qcs.co.uk

Even in the most careful of circumstances news of you

Summary of CQC Latest report for key questions SAFE, EFFECTIVE and WELL LED

SAFE

written in their inspection report dated

Effective

Well-Led

Step 05

Summary of Service

•• • • •

Your aims and objectivesThe services you provideThe needs your service meetsYour contact detailsYour service's legal entityThe places where services are provided•

Financial Improvement (use your own words)

is a location at the edge of with over 65’s accounting with a population of

for of the population. The primary language

spoken is with % from Black and ethnic minorities. Hospital admissions are

requires capital to ensure the safe running of the service as it emerges from the pandemic. Our risk assessment shows with the financial package, we will be

Financial Viability Guidance for Care Providers

cally.choy
Cross-Out
Page 5: It is important to accurately understand why you need the ......It is important to accurately understand why you need the Locate your reason why Reduced occupancy levels requirements

Competitor CQC DATA

LOCAL CARE HOMES

OUR LOCATION

NUMBER OF LOCATAA IONS NUMBER OF ‘GOOD’ HOMES % ‘GOOD’ HOMES

CQC Latest Star Rating

This document is Copyright © Quality Compliance Systems Ltd. 2020 (Last updated 2020)

Financial Viability Guidance for Care Providers

Page 6: It is important to accurately understand why you need the ......It is important to accurately understand why you need the Locate your reason why Reduced occupancy levels requirements

– the last 3 star ratings if available from CQC:

SAFE

EFFECTIVE

CARING

RESPONSIVE

WELL LED

YEAR YEAR YEAR

Financial statement from your accountant

Business Plan

Full statement of purpose• •• •

• •• •

Appendix of documents

This document is Copyright © Quality Compliance Systems Ltd. 2020 (Last updated 2020)

Financial Viability Guidance for Care Providers