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Scenario Generator Helps Primary Care Trusts Identify Savings of £166m

Bedfordshire PCT used Scenario Generator to demonstrate that around £166m could be saved in direct financial costs to the NHS.

 
PRLog - Jun. 23, 2010 - Two days coordinated analysis by PCTs finds savings of £166m a year

23rd June 2010:  Bedfordshire PCT has been using Scenario Generator, a simulation analysis tool, to quickly test out ideas for improving their efficiency and saving money without compromising on quality of patient care.  During initial analysis the organisation demonstrated that, when applied across the whole of England, around £166m can be saved in direct financial costs to the NHS by shifting treatment of dermatology from hospital outpatient departments into the community.

Dr Nick Gaunt from the NHS Institute for Innovation and Improvement says; “This kind of software really comes into its own as healthcare organisations plan for the current financial climate”.

Scenario Generator is a visual simulation tool which allows NHS staff to test out real life scenarios in a risk free environment, and using its statistically accurate results, make evidence based decisions as to which changes will help an organisation the most.  

Bedfordshire PCT used Scenario Generator to create a “virtual PCT” that quickly simulated many possible scenarios and found one that not only saved them £1.5m every year, but was agreed by all the medical staff to be just as good, if not better for patients than the current solution.

“This is exactly what we are here for – providing tools that let teams quickly test their ideas for efficiency improvements – we all know we need to change to do things better and cheaper – but the cost and risk of trying out ideas slows down change – simulations remove that problem” says Mark Elder, CEO of SIMUL8 Corporation, the company which develops Scenario Generator.

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Further Information
NHS Bedfordshire
NHS Bedfordshire directly employs more than 1,200 staff, serving a population of over 420,000 people living in Bedfordshire.  

Contact         
Diane Meddick         
Diane.Meddick@bedfordshire.nhs.uk
Assistant Director of Strategy      
bedfordshire.nhs.uk

About SIMUL8 Corporation
SIMUL8 Corporation produces world renowned dynamic, innovative software that enhances the way people make and communicate decisions.   With headquarters in Boston, our customers are located world-wide and include major corporations involved in finance, manufacturing, healthcare, telecommunications and logistics, as well as many public sector healthcare and transportation bodies. Our software allows organizations to identify and test the benefit of potential improvement proposals, prior to their implementation in practice, in a risk-free environment.

Contact         
Claire Cordeaux
claire.c@SIMUL8.com         
+44 141 552 6888
SIMUL8.com

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Contact Email:
***@simul8.com
Source:SIMUL8 Corporation
Phone:0141 552 6888
State/Province:glasgow - Scotland
Industry:Business, Technology, Health
Tags:Healthcare, simul8, business improvement, simulation, simulation software
Shortcut:prlog.org/10755196
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