North Tyneside Council contacted Valuing Care in May 2022 to discuss supporting them in completing their domiciliary fair cost of care (FCOC) exercise. They were aware of other councils in the area following similar approaches and wanted to gain consistency in a key market for them.
- Understanding the current cost structure through surveying the market
- Managing the data collection process
- Checking provider templates for accuracy and consistency
- Identification of fair cost of care rates from the survey results
- Creation of Valuing Care model benchmark rates to match the geographical area
- Final reporting and data loading
In addition to the domiciliary review, North Tyneside Council were keen to understand more fully the cost of Extra Care providers in their area. With that in mind they commissioned Valuing Care to complete an additional project that will start after the main FCOC exercise is complete.
All of the data collected used the LGA toolkit so that a common approach could be taken regionally on reporting and data recording. The Council will also have access to Valuing Care’s benchmarking data which will prove invaluable in completing the exercises.
The survey collection
The survey collection will complete at the end of July 2022 with report writing due to start in September 2022. Once completed, the final proposed model rates for 2022/23 will be recommended to the Council. The report will be completed with sufficient time for the Council to complete their market sustainability report before the October 2022 deadline.
The Extra Care review project will start in October2022 with a planned end date of December 2022. By conducting the exercise in this way, they can be reassured that their market sustainability plan captures the balance between paying providers a sustainable rate and ensuring value for money for council taxpayers.