Impact Report 2023 | Schroder BSC Social Impact Trust plc
Schroder BSC Social Impact Trust plc | Impact Report 2023
IMPACT THEMES
CASE STUDY: Bridges Social Outcomes Fund, SPRING
Good Health and Well-being
Over 15 million people in the UK live with long- term health conditions, accounting for 70% of national NHS spending 14 . Services targeted at improving health and well-being for people with long-term health conditions have the potential to reduce both health inequalities, and the strain on public health and care services. Bridges Social Outcomes Partnership supported local authorities
and NHS bodies in Northamptonshire to pioneer a new social prescribing programme called SPRING, which works to create sustained lifestyle changes and improved self-care for people living with long-term health conditions. The service is now underway and social prescribing workers from four experienced delivery partners are supporting people to access specialist services.
10,243
+51% yoy
SBSI attributed share 1,186
people provided with health and care services
87% of participants improve their wellbeing after 6 months
Bridges Social Outcomes Fund II
Up to 5,500 people supported to 2027
SBSI NAV aligned to theme
An estimated £31billion in funding is needed to meet the UK’s rising demands for social care by 2030. Meanwhile between £3000-4000 is spent per person on healthcare annually 12 . SBSI invests in organisations providing health and care services and additional early intervention support to reduce both poor health outcomes and the strain on public health and care institutions. Crucially, SBSI’s portfolio tackles health inequalities in the UK, through a focus on local social organisations that tailor support for underserved and vulnerable people.
Financial drivers and risk mitigation
Impact return and risk mitigation
Local authority and NHS body funded payments based on agreed milestones focused on improving health and well-being outcomes
What: Social prescribing programme to create sustained lifestyle changes and improved self-care W ho : Individuals with long-term health conditions in Northamptonshire How Much: Programme expected to support 5,500 people over its lifetime. 766 people had started as of January 2023. 87% of participants improved their wellbeing after 6 months Contribution: This programme increases accessibility, quality of the intervention, duration and value for money compared to the previous model Risk: Execution risk: Programme requires significant coordination across a number of services, mitigated by partnership ongoing engagement with local government
Outcomes drive savings for NHS and government
Sweet Sp o t
UK SDG national targets SDG 3 Good Health and Well-being UK National Target – No one left behind.
SBSI portfolio contribution: Social Outcomes Contracts
Collaborative design streamlines referrals and administration across multiple delivery partners
Support the most disadvantaged young people through high- quality local services 13
Portfolio organisations averted 109,931 days of care through early intervention to date, and saved £15.5m in health and care costs to government
14 https://www.england.nhs.uk/blog/making-the-case-for-the-personalised-approach/
User Voice
The partnership gathers feedback from frontline staff so that they can track progress with participants and identify additional areas of support needed to address health concerns. Early on this process found that a high proportion of participants had acute mental health needs. In response the partnership put together a programme of “first aid mental health training” for staff.
12 Social care funding gap - The Health Foundation 13 UK National Government Corporate Report: Implementing the Sustainable Development Goals, July 2021
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