Permanently reduce your costs with proven Care Sector Procurement Experts to improve your financial stability
Social care providers are facing critical operational and financial challenges, including staffing shortages, compliance risks, increasing demand for services and increasing resourcing costs. The recent Autumn Budget has left the social care sector abandoned and left care providers to fend for themselves.
In these continued challenging conditions, many care organisations have struggled to balance their staffing requirements and users’ needs with their tightening finances. Some providers have had to reduce service offerings or sites, understaff services or even hand back untenable contracts.
So what immediate actions can social care organisations take to increase their profitability in order to remain supporting their users?
One realistic and effective solution is to examine your costings to make savings. One particular high spend area for care organisations is commonly their staffing overheads. The nature of the care sector particularly, relies heavily on agency staff which can create mounting costs.
We at Marr Procurement have helped our care clients reduce their agency consumption by up to 95%, but most crucially without sacrificing the level of care for their users. This is done through a bespoke analysis of your current staffing composition, choosing the ideal agency sourcing model, ensuring best value for money from agencies and periodic reporting on costs.
Additionally. as a whole spend base consulting service, we are able to make savings across all spend categories, resulting in significant savings to an organisation’s total overheads. By taking an holistic approach to cost savings, we are able to make not only significant savings across the board, but to also determine which savings are worthwhile and how best to ensure continuity and quality of care in the delivery.
With conditions expected to persist or increasingly worsen, can your care organisation afford not to address your costs?
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About Marr Procurement
Marr Procurement is the UK’s leading health and care sector procurement specialist. Since its creation in 2015 Marr Procurement has delivered material savings to the bottom line of our clients. Our highly talented team of procurement professionals will help you achieve structured and sustained savings across all areas of your organisation’s P&L.
Our mission is to ensure our clients can provide more of their best work. Whether that be embedding robust procurement strategies, driving project implementation, delivering tech innovation or implementing an all-encompassing buying portal, we provide bespoke analysis and consultation to allow our clients to focus on their core goals.