SW AHSN to Support Two Ideas for New £80 Million Fund to Support Outcome-Based Commissioning
Following the success of the South West Academic Health Science Network’s (SW AHSN’s) work in developing outcome-based contracts in collaboration with the Commissioning Better Outcomes Fund, we are now looking to provide match-funding and support to two local applications to the Life Chances Fund in 2017.
The £80 million ‘top-up’ fund, launched by the Office for Civil Society and Innovation (OCSI), is available to support the development of outcome-based contracts and provide top-up outcome payments for ‘payment-by-results’ contracts that utilise social investments such as social impact bonds (SIBs).
The fund will contribute up to 49% of outcome payments, with funding available up to March 2025. It will comprise of two stages (outline submission and full application) and development funds, of up to £30,000 per project will be available, subject to a match funding contribution. The contracts must be locally commissioned and aim to tackle complex social problems.
The SW AHSN will be selecting two ideas to offer match-funding during the development phase and will provide them with access to the team to support metric development, provider engagement, and access to a network of social investors.
We are seeking ideas and expressions of interest from interested parties around the following themes:
- Placed based / population health management
- End of life care
- Micro care provision
- Continuing healthcare
- Mental health and employment
Jon Siddall, Director of Innovation, SW AHSN said: “We’re really excited to be offering our support to regional organisations interested in applying for the Life Chances Fund. Our current portfolio of outcome-based commissioning projects have helped us to understand the opportunities- and challenges- associated with outcomes-based commissioning. We’re really looking forward to using our experience to help organisations access the Life Chances fund and ultimately improve the health and wellbeing of our population.”
If you are interested in developing the outcomes-based commissioning model and applying for Life Chances funding, then please contact David Wright, Bid Development Manager, SW AHSN with your ideas and expressions of interest by the end of December.
Telephone: 01392 247903
Further information on the Life Chances Fund can be found here: https://www.gov.uk/government/publications/life-chances-fund