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Results for 'risk management'

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Assessing social care market and provider sustainability: part A: a guide for local authorities

CORDIS BRIGHT
2015

The Care Act 2014 introduces a regime to oversee the financial stability of the hardest-to-replace care providers, and sets out measures to ensure people’s care is not interrupted if any social care or support providers fail. This guidance aims to help local authorities to fulfil their responsibilities in the event of provider failure by: helping them identify whether the failure of a provider will leave people at risk of being without a means of having their care and support needs met; where there is a risk, identifying those providers who are most important to meeting those needs, and; where the critical or hardest to replace providers are not within the Care Quality Commission Market Oversight Regime, assessing and taking action to reduce the risk of failure or the impact of a failure should one occur. The document begins looking at care markets and providers, introducing a suggested approach to categorising and segmenting care markets, as well as outlining the main reasons for provider failure. It then considers how to identify indicators of market sustainability and how to monitor hard-to-replace providers.

Assessing social care market and provider sustainability: part B: toolkit

CORDIS BRIGHT
2015

Provides a framework to help local authorities implement a test of care market sustainability, and offers insights about when a provider requires further monitoring. Many local authorities have developed highly effective systems for gathering local market intelligence in relation to the part of the market with which they contract for services. This intelligence may be gathered both formally and informally and involve a broad range of approaches. This toolkit is designed to complement such approaches by providing a clear structure for local authorities to consider the totality of the local market, only a proportion of which they will directly contract with. There are five phases to the application of the toolkit: determining local market segmentation; evaluation of external indicators; evaluation of sub market composition indicators; forming a judgement on sustainability and deciding which ‘hard to replace’ providers to monitor; and understanding and monitoring the sustainability of ’hard to replace’ providers.

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