Working with the NHS to ensure a healthy economy

access to finance

The benefits to local economies of investing in the health sector are outlined in our new flyer, aimed at the 39 local enterprise partnerships (LEPs) across England. 

This is part of a campaign to highlight the health sector’s increasing role in supporting local growth and regional prosperity, showcasing the combined value of our workforce, innovation and community support directly to local economic leaders.

The NHS and local growth: Working to ensure a healthy economy is the first in a host of resources for NHS and non-NHS audiences, which will focus on positioning the health sector as an important investment opportunity and helping non-health sectors understand how to work with the NHS. 

It underlines three key benefits of local investment in the NHS: 

  • driving additional investment into regions
  • enlarging and upskilling the potential workforce
  • combatting poverty and social exclusion across communities.

The summary also outlines the NHS’ increasing involvement in the 2014–2020 round of European Structural and Investment Funds (ESIF), with many millions of pounds worth of EU funding supporting new health sector developments.

Michael Wood, the NHS Confederation’s local growth adviser, said: “It is important to point out that some LEPs are already working with their local NHS colleagues in England, jointly investing to improve regional prosperity around areas such as skills and employment, social inclusion and innovation infrastructure. There is potentially much more that we can do together though, and as local decision-making becomes more important through devolution and other such partnerships, we need to be ensuring our voice is heard and understood.”

The flyer is a useful resource for NHS leaders, when talking to local leaders of growth.

To find out more about our work in this area, email 

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