Social Value Report 2013 -2014
Wellbeing in Action is a Community Interest Company established to improve the wellbeing of those with long term conditions through peer to peer support. The CIC has grown through the work of Salford Heart Care, a Charity which was established in 1987 with the charitable objective to support: “The relief and support of individuals and their carers in their recovery and rehabilitation from cardiovascular disease and other long term conditions.”
In order to provide a foundation for the development of Wellbeing in Action, the organisation has produced a Social Value Report specifically looking at the peer support model that has been adopted and its success. The report shows that this approach currently has a Social Return on Investment Ratio of 1:4.14. This means that every £1 invested in the programme £4.14 is generated in social economic value. This document highlights some of the headlines of the report.
WHAT OUR CUSTOMERS LIKE MOST
FEELING LESS ISOLATED HALF OF OUR CUSTOMERS GO ON TO BECOME ACTIVE VOLUNTEERS
ACCESS TO BETTER INFORMATION
OUR CUSTOMERS VISIT THEIR GP LESS
SAVED PER YEAR
PRODUCING A SAVING OF
WELLBEING IN ACTION SAVES THE PUBLIC PURSE
£266,607 PER ANNUM
WE REDUCE SCHEDULED ADMISSIONS TO HOSPITAL
SAVING THE NHS
FOR EVERY £1 INVESTED IN OUR ORGANISATION £4.14 IS GENERATED IN SOCIAL ECONOMIC VALUE
Wellbeing in Action pledges: To reduce the social and economic impact of CHD within the areas they work which will result in a cost saving of ÂŁ266,607 per annum, for the local area and society as a whole. To maximise the positive economic impact on the local economy through engagement of local supply chain and promotion of local employment and spending habits. Engage, listen and learn from staff experience and value their opinions. To support service users back into employment and off benefits where possible. To reduce the need for health based interventions in the lives of services users. To raise awareness and understanding of cardiac wellbeing within the community. To share our knowledge, understanding, and best practice to improve the lives of our service users. To enhance the knowledge of the local community around cardiac wellbeing and challenge old misconceptions.
Wellbeing in Action 0161 707 7042