Contract values....31 Mar 2025 14:19
Interesting listening Back to the Investors Meet Questions and Answers.
With regard to contract values:
"So we initially deployed Bleepa within an individual hospital site for a contract value in the order of £120,000.
Then we took it out into the Community Diagnostic Centers and started working between GP's diagnostic facilities and hospitals, and therefore achieved a value uplift to a contract typically of £450,000 to £600,000. But again, a slightly different decision making group that had to go with that.
Now we're taking it up to wider regional opportunities with Integrated Care Boards and some national conversations linked to the Electric Recovery Fund. But where we're looking at contract values of in the order of £2,000,000 per ICB for delivering an elective care program using this pathway approach.
So it is a very stepwise and methodical way of growing that stakeholder mapping. But we are also faced with the reality that the NHS is a very complex organisation to navigate with a lot of changes of personnel, which means that often you find you'll make progress and then key people will change out and you have to start again. So it is it is slow and it is about persistence.
However, background work is now largely done. We have worked over the course of six years to get to the point where we are the key solution to a number of national problems, that we are at the table talking to the national leaders from the politicians, through to the Department of Health, through to NHS England, and then also across all of the regions. So we have done that groundwork.
Now we just need to see the execution around decision making and funding, which, as we've discussed, I think is now on the verge of happening."