Outsourced maintenance renewal and management solution that enhances visibility and control over maintenance spend. £6.8m of savings generated for 18 NHS Trusts.

The systems and expertise Leaseguard provide have enabled us to gain control of our maintenance contracts, meet our risk management obligations, and generate savings in the region of 10% of overall spend.
Alan Farnsworth,
RUH 2010 Change Programme Lead
Royal United Hospital Bath NHS Trust

Market leading consultancy to protect NHS lessees and optimise value. More than 50 NHS Trusts rely on our advice, guidance and systems.

Over the last 15 years King's have entered into over £25M of leases: Leaseguard have ensured that every lease has been on commercial terms which protect us and ensure that we are able to make the right decisions at the right time to maximise value and operational flexibility."

Richard Miller, Associate Director of Procurement.
King's College Hospital NHS Foundation Trust

Systems that drive procurement and contract management activity to timescale, improving performance and reducing costs.

Since its introduction, OPTIMiSe has enabled the Trust to generate significant savings. The savings have been carefully measured and have grown year on year until they now represent annualised savings in excess of £1m per annum

Andrew O'Connor, Head of Procurement and Corporate Social Responsibility
Countess of Chester Hospital NHS Foundation Trust

Systems and services that enable NHS Trusts to optimise Business Cases and plan asset replacements at minimum cost.

Leaseguard were heavily involved in modelling many iterations of the funding plan for equipping the new hospital - and their input, expertise and imagination were key factors in the success of this project.

Peter Burroughs, Director of Capital Investment and Project Director (retired)
University College Hospital NHS Foundation Trust

Systems and services designed to enable Trusts to exert real control over their asset base and asset-related processes

Leaseguard has a novel approach to asset management and we are working with them to see how their systems could help us achieve a step-change in the way we manage assets and their related processes.

Peter Jarritt, Clinical Director of Medical Physics and Clinical Engineering Cambridge University Hospitals NHS Foundation Trust

Procurement solutions that deliver savings against established benchmarks across a range of procurements, from beds replacement to energy procurement.

Leaseguard approached this beds project with a different perspective, and showed us how we could save over £150k in maintenance costs alone. As well as delivering savings, our contracts are now better suited to meet our clinical needs

John Yarnold, Director of Finance
Plymouth Hospitals NHS Trust

Our objective is simple. To deliver solutions that help NHS Trusts drive down costs and enhance visibility and control over asset related spend. Our strategy to achieve this is equally straightforward. We recruit the very best commercial talent we can find. We train them to deliver the highest possible level of service. And we support their work by developing the very best systems available in this sector.

Peter Mullin, Chief Executive
Leaseguard Group Limited
 

Reduced cost. Improved services.

Almost every Trust we speak to wants to better manage replacement planning – the problem is that that there is no of the shelf solution to this – it is only possible if the following conditions can be met. Without them, replacement planning is destined to be no more than a piecemeal approach.

1. The asset inventory must be accurate
Without an accurate understanding of the assets currently in use, proper planning for their replacement is all but impossible. Despite their best efforts, however, few Trusts have a complete and accurate inventory of their asset base. Leaseguard can assist Trusts here in a number of ways. Our asset management services can deliver this to a Trust.

2. Costs must be appraised over the asset lifecycle
A key determinant of Replacement Planning decisions is a clear understanding of the full costs of current assets and services – without this evaluating alternatives can never be done effectively. Most Trusts lack this data - often making decisions based on up-front costs, and recreating same issues downline. OPTIMiSe-Assets provides the ability to record costs against each asset, enabling accurate reporting by asset type, or even model, providing the data required to underpin effective decision-making.

3. Assets must be related to contracts
The capability of understanding the whole commercial backdrop – rather than just the asset replacement cost - is essential. Often the total spend on an asset over its life will be three to four times its initial purchase cost, so it is essential these costs are understood, and essential too that the commercial terms surrounding the associated contracts are properly understood so decisions are not made in isolation. OPTIMiSe provides Trusts with this capability.

4. The planning process must be efficient
With so many different groups involved in the Replacement Planning process (Finance, Planning, Departments, Directorates, EBME/Med Physics, Procurement, Vendors) effective management of the process is critical to ensure that the optimum decisions are made in an acceptable timeframe. OPTIMiSe-Procure enables Trusts to drive complex activity across diverse groups.

5. Business Cases must be comprehensive and accurate
Many Trusts have a fairly rigorous Business Case assessment process. Sadly, however, it is difficult to get clinicians to prepare the required data in a format that enables alternative options to be evaluated on an accurate and consistent basis. This inability to compare competing business cases on a like for like basis is one of the most common weaknesses cited in replacement and investment planning. The other is the number of errors (mainly of omission) contained within business cases. OPTIMiSe-Invest is a full Business Management tool, helps clinicians and business managers build accurate lifecycle costs and automating analysis of  funding alternative process, enabling Trusts to see at a glance the most cost-effective means of funding the acquisition.


To find out more about how Leaseguard can assist in generating significant savings, call Stuart Jefcoate on 01865 340 800. He will be happy to outline our services and to demonstrate the success we have achieved for our many NHS clients.

Replacement Planning

This deal provided both financial and operational benefits to the Trust which we

could not have achieved alone.

Peter Burroughs, Director of Capital Investment and Project Director (retired)
University College Hospital NHS Foundation Trust