Discover why the Black Country sustainability and transformation partnership (STP) commissioned an economic assessment of the NHS' contribution to the area and how local health and care leaders intend to use the findings to help the Black Country realise its potential.
What will I learn?
Rarely is the NHS considered an economic actor, both by itself and by external partners.
Despite this, the health service plays an increasingly important role in underpinning local economies; as an employer, innovator, consumer of goods and services, landowner and, of course, through the direct provision of services.
With the local growth agenda and the Industrial Strategy White Paper leading to 'place-based' economic planning and partnerships across England, it is more important than ever that the NHS understands how influential it can be.
The Black Country STP commissioned ICF and the Strategy Unit to undertake an economic assessment of the NHS' contribution to the Black Country economy - seeking to understand fully its local economic value and to consider ways in which this contribution might be increased.
The results are startling: annual NHS expenditure in the Black Country totalled around £2bn in 2014-15, with an NHS GVA measure estimated at £1.5bn, or 7.9 per cent of the total GVA for the local area.
Put simply, the NHS is the largest economic actor in the Black Country, bringing both influence on and responsibility for the future of its local communities.
Download the economic impact report
This free webinar will hear why the STP commissioned this information, its value in shaping the work and focus of the STP and how local NHS leaders intend to use the findings to help the Black Country realise its potential.
Who will I hear from?
- Andy Williams, Accountable Officer Sandwell and West Birmingham CCG, Black Country STP lead
- Debs Harkins, Director of Public Health Dudley and MCP lead
- David Frith, Managing Consultant, The Strategy Unit, NHS Midlands and the North CSU
- James Medhurst, Associate, and James Kearney, Managing Consultant, ICF
- Michael Wood, Local Growth Adviser, NHS Confederation
Book your place
Register online. After registering, you will receive a confirmation email containing information about joining the webinar.
Contact Michael.firstname.lastname@example.org for more information.