How can the Care Cost Benchmarks toolkit help you?
This complimentary webinar is brought to you by LaingBuisson. In this virtual demonstration of the Care Cost Benchmarks toolkit, author William Laing shows how this is essential when figuring out the true cost of adult social care services.
Care Cost Benchmarks toolkit 13ed
This latest edition of LaingBuisson’s well-established Care Cost Benchmarks toolkit offers a fully updated, evidence-based cost model for operators and commissioners of care homes for older people, populated with actual data for 2024/25 and projections to the new financial year beginning in April 2025. Building up the full cost of care provision from granular detail, it facilitates a rational discussion on a reasonable level of fees needed to sustain care home services in any given area of England. First developed nearly two decades ago, this toolkit has become the trusted model for calculating care home costs.
As the sector faces the challenges of rising costs (including NLW uplifts and increase Employers NI) in a tight public sector financial environment, having access to reliable, up-to-date cost data has never been more critical.
The Care Cost Benchmarks toolkit provides comprehensive financial clarity through a fully interactive spreadsheet model, allowing users to explore a detailed breakdown of care home costs at local, regional, and national levels across England, and in Wales as a whole. Covering residential care, residential care with dementia, nursing care, and nursing care with dementia, this toolkit highlights the fee gap between local authority payments and the actual costs incurred by care homes. This year’s analysis reveals persistent underfunding, with shortfalls exceeding £200 per week in many areas, adding pressure on providers to bridge the gap with higher fees from private payers.
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