Year end Rns.9 Jun 2015 21:36
I really don't know whether to laugh or cry.
I also see no other person has had a well thought out objective opinion regards the recent Rns, which speaks volumes, just as the Rns does.
Let's start on a positive.
The transparency with current and past contracts is excellent. I almost feel the Bod has taken on board some of my comments that I inundated them with. Nonetheless, it provides an excellent snapshot with contract timescales, and more importantly, it highlights the lengthy amount of time it takes for a contract to begin.
Financially, we're a tad worse off, but that may change as some of the contracts that I thought had started clearly hadn't. Interestingly, gross profit was up, which as another poster suggested, this may well be due to savvy cost savings, so bravo to the Bod if that is the case.
Not so positive.
It seems the NHS could well be dispensing with our services.
The Bod have talked a good game with excuse after excuse. Contract delay / NHS priorities / the Bod remain confident, well, if that was the case and £000's of money has been saved, them why would certain NHS bodies have removed clients from this programme?
There are a few contracts, ones that we already (or most of us) knew, are under 'evaluation', which means ended in my opinion.
The Bod has boldly said Newham has ended, so I suppose the 'evaluation' comment is this years new 'carrot'.
So, we have this remarkable service that the NHS decided to can their patients because it offered them excellent, bespoke support, and also saved them thousands of pounds.......?
And now we are considering working directly with the public?
How will that be funded? Certainly not by the NHS. If they don't wish to renew trials / pilots with 50-100 patients, which i imagine is more cost effective than lower numbers, then why would they continue to pay out?
I can't see this being for privately. I doubt many folk with an LTC has money to burn. A certain percentage are likely to be out of work. Anyway, our past performance in the private sector was appalling to say the least.
Still, I wonder how much money the 'Direct to Consumer model' will cost us poor investors.
I mentioned in a post or two back about our so-called business model. It seems now, that's it about to change all over again.
No wonder Wendy isn't putting her hand in her pocket, and no wonder the contract drought has been so apparent.
Good luck to us all. We are going to need it.