Ways to Wellness developed an outcomes contract to support people living with long-term health conditions in Newcastle.
Key information
-
Focus area
Early action -
Investment type
Outcomes contract -
Region
North East -
Duration
7 years -
Investment amount
£1.65 million -
Cost of capital
Outcomes contract
-
Challenge
The west of Newcastle-upon-Tyne is one of the most deprived areas in England. People from disadvantaged backgrounds are more likely to suffer with long-term health conditions, typically with an earlier onset. These people have poorer health outcomes and consume more health service resources.
-
Approach
Ways to Wellness adds to and complements medical support through social prescribing: patients are helped to manage their long-term conditions through one-to-one support and given access to community based activities such as becoming more active, learning to eat and cook more healthily or getting back to work.
-
Revenue model
Ways to Wellness is funded through an outcomes contract. Repayments to investors are governed by a “payments-by-results” contract with the Newcastle Gateshead Clinical Commissioning Group, calculated on the basis of long-term savings through reduced use of hospital services.
-
Impact
Over the seven-year outcomes contract, more than 11,000 people will benefit. The success of the programme will be measured by an improvement in patient wellbeing, reductions in hospital visits, hospital admissions and the length of hospital stays.
You may also be interested in
-
Early action
We want to tackle social issues at an early stage, either to stop them occurring or to prevent them from worsening.
Learn more -
Creating new ideas
We work with expert partners to create and design new investments.
Learn more -
Impact
Our approach to impact is deeply embedded in our investment process, decision making and portfolio management, making sure it runs through everything we do.
Learn more