Why You and Your Care Home Needs the Care Fee Calculator
Eliminate Guesswork When Setting Bed Fees
Don't guess how much your bed fee needs to be or hope that the fee your commissioner wants to pay will be enough.
Use the Care Fee Calculator to set accurate bed fees that you know will cover the cost of running your care home, the cost of delivering the individual care a person needs and that returns the profit your care home needs to be financially sustainable.
Receive the Fees You Need, Not the Fees Your Commissioners Want to Pay
Your commissioners will never set the right fees because they don't know how to and because their goal is to meet their budget restraints, not your needs.
And now receiving the fee you need has become even harder. Because of the Fair Cost of Care initiative your commissioners now have detailed average cost information for your region - from average hourly rates to the cost of cover care - to compare and challenge your costs and persuade you to reduce the fee you’ve set.
The Care Fee Calculator has been re-designed to give you all you need to defend your cost to the same detail so you can defend your areas of your fee with clarity and confidence.
It also allows you to enter the fee your commissioners want to pay and see exactly how much profit or loss you would make for a particular person.
Secure the Future of Your Care Home
Every aspect of your care home is dependent on you securing the right fees. From
• The quality of the training your staff receives to ensuring they deliver the care your residents need
• Paying your staff well so you don't lose them to maintaining a lovely home for people to live in
• Providing good, healthy meals to putting on special events
• Managing a pandemic to staying compliant
• Developing your future leaders to having a good CQC inspection.
All relies on money and hence receiving the right bed fees.
This will give you the confidence to say no if your referrer refuses to meet your quote.
Being in control of your care home and securing its future starts with accurately calculating the fee you need.
The Care Fee Calculator will help you make sure you get this right.