A new industry report, released by health and care property developer Prime makes the case for change in how NHS estates are developed, to help meet growing demand and tackle the limitations of ageing facilities.
The report aims to inspire NHS Trusts, GPs and care providers who want to unlock the true potential of their facilities, by showcasing those who are already transforming their estate and revealing the real cost of inaction. Considering issues faced at the planning stages, in approvals or with funding, the publication connects people, experiences and practical tools needed to get moving.
Incorporating perspectives from senior leaders across health and care, the report is based on interviews with those who have been instrumental in making change happen within health estates. Insights from University Hospital Southampton and Yeovil District Hospital, law firm Bevan Brittan, investors Aviva and M&G and professional service provider WSP share their experiences to help others unlock the potential of their estate.
Sir Robert Naylor provides the report foreword, highlighting takeaways which show his 2017 Review recommendations in action; including the importance of genuine collaboration and the need for revenue-generating opportunities, ideas being demonstrated in the innovative estates transformations in the report.
The research highlights the cost of inaction, modelled on rising costs and lost productivity, showing that even a one or two year delay in developing an estates project can lead to an insurmountable 20-30% cost increase, with a 10-year delay more than doubling costs, to a staggering 160%.
Leighton Chumbley, Chief Executive, Prime says: “I want to thank the CEOs, CFOs, funders, lawyers and other industry experts and advisors who have been involved in the research for this report. Collaboration and shared learnings are central to making change happen; making their time and generous insights invaluable.
“The promised new Health Infrastructure Plan funding will be a lifeline for some ageing health estate but it won’t be enough to meet all the needs of every local system. Estates decision-makers are already thinking flexibly and acting nimbly to make changes and manage demand and our report aims to inspire further action.”
Download the report here
To request a hard copy of the report email marketing@primeplc.com
