CareCosting Information

CareCosting Ltd is a UK-based company that specialises in healthcare costing, particularly in the NHS, with a strong focus on enabling value-based decision-making through better use of Patient Level Information and Costing Systems (PLICS). Here’s a clearer picture of who they are and what they do: 🧠 What They Do CareCosting helps NHS organisations move beyond treating costing as a regulatory requirement, and instead turn it into a strategic tool for operational and financial improvement. Their core belief is that costing should reflect real operational behaviour — not just abstract averages or tariff rules. 🔍 Key Areas of Work PLICS implementation & optimisation: Helping Trusts make sense of their PLICS data and use it more effectively. Costing model design: Developing models that reflect both supply and demand — not just attendance-driven costing, but resource-driven insight. Training & capability building: Supporting costing teams with tools, training, and structures to boost engagement and impact. The Plixology Framework: A methodology and toolkit that brings clarity to the costing function — aligning focus areas, value propositions, capabilities, and tasks. Data visualisation & insight: Turning complex costing data into meaningful, actionable outputs for both finance and clinical leaders. 🧰 Signature Tools Plixology Canvas – A visual framework to assess and strengthen a Trust's costing function. Foundation Papers – Thought leadership documents on supply vs. demand, A&E costing, and more, promoting a shift toward value-based healthcare. 🏥 Who They Work With Primarily NHS Trusts, supporting costing teams, finance directors, and operational leads. Their approach is collaborative and tailored to the practical realities of hospital environments. If you want to understand costing as a lever for operational change, CareCosting is at the forefront of that thinking in the NHS carecosting.co.uk Seb.Kerr@carecosting.co.uk; Neil.Milner@carecosting.co.uk