Lifecycle Management Group Ltd
Tel: 01865 340 800
Fax: 01865 340 829
Our focus is on supporting the NHS in achieving the lowest whole-life equipment costs. We’ll help you make the right decisions at the outset – then actively manage contracts to control costs, change and supplier performance. It’s how we help the NHS achieve the best possible patient care – at the lowest possible cost.
We know the NHS wants to deliver the best possible patient care – but with ever tighter budgets. Our objective, therefore, is simple: to help the NHS get more for less. Our proven process addresses every aspect of the equipment lifecycle – from replacement planning, through effective procurement, to ongoing and proactive management. Together with our unique OPTIMiSe systems, we put our clients in complete control.
Minimising whole-life costs starts with a plan. All too often, the focus is on day one costs, which can easily lead to the wrong decisions. Our unique whole-life planning approach considers all equipment-related spend from asset cost and financing to maintenance and consumables — helping you make the right decisions at the outset.
Once you’ve identified the replacements, we’ll help you procure them at best value. We’ll also work with you to identify the most appropriate form of financing, setting up contracts that will deliver the lowest whole-life costs and then actively manage them to keep costs both low and predictable.
Achieving best value at the outset is only half the story. To ensure best value is maintained, and to drive further savings throughout the lifecycle, costs must be actively managed. With smart procurement and active management of recurrent spend components, such as maintenance, we’ll minimise your whole-life costs and generate savings.
Effective management of suppliers is critical to ensuring performance, compliance and best value. From making certain maintenance visits are carried out to managing long-term financing costs, we actively manage supplier contracts, ensuring they stick to the terms and that you get what you pay for.
In the NHS, change is a given. Whether you’re upgrading, sweating your assets or disposing of equipment, you’ll need to respond to change. We’ll ensure your contracts predict change — and that change is easily managed — preserving the value of your original decisions.
Our services address every aspect of the equipment lifecycle and every category of spend. You can access each of our services individually to provide support where and when it is most needed. Or we can integrate them into a managed service to deliver a complete lifecycle solution. To date, our services have resulted in more than £200m in savings to support better patient care.
We’re happy to review how you plan, procure and manage whole-life equipment costs. We’ll assess your approach against best practice and evaluate opportunities to generate savings and minimise whole-life costs. The output of this service is a clear business case to make the necessary changes. Click here to start the ball rolling with a brief meeting so we can outline how this free service works.
Minimising whole-life costs starts with a plan. All too often, the focus is on day one costs which can easily lead to the wrong decisions. Our unique whole-life planning approach considers all equipment-related spend at the outset, from asset cost and financing to maintenance and consumables. It informs investment decisions at the outset to deliver the lowest whole-life costs.
The right Managed Service contract can deliver lower, predictable whole-life costs. Equally, the wrong contract can put the supplier in the driving seat, making change expensive. We set up smart managed service arrangements, independent of manufacturers, that delivers real flexibility and puts you in the driving seat. And we help you actively manage change to ensure costs remain predictable.
With insufficient capital available to meet most Trusts’ asset replacement programmes, how you finance your asset investments is critical. We work with our NHS clients to help them select the optimal financing option for each piece of equipment, procure that financing at best value and then actively manage these contracts over their life to deliver the lowest possible whole-life cost.
We deliver savings on maintenance costs through a combination of effective planning, smart procurement and active management of specially tailored contracts. At the same time, we ensure suppliers are fully compliant and delivering the schedules you have paid for. Our unique approach has delivered more than £40m in savings for NHS Trusts.
When equipment nears the end of its life, it’s easy to focus on compliant disposal as the priority. But it’s also a final opportunity to minimise costs and optimise sale proceeds. We help NHS Trusts uncouple existing financing and maintenance contracts as well as ensuring the maximum resale value – rarely achieved through trade-in or auction houses.
myOPTIMiSe is our proprietary procurement and contract management platform. It makes sure we never drop the ball on more than 3,000 procurements every year. It helps us actively manage every contract, whether it be a managed service, asset finance or maintenance contract, to ensure suppliers deliver on their promises. And it’s where our clients find all the data you need – instantly.
We also offer a version of our OPTIMiSe systems for Trusts that wish to manage your own contracts. Click here to find out more.
They came to us with a project that had the potential to deliver considerable savings. They worked with all the relevant stakeholders to deliver within the required timescales. The result – a 23% reduction in our annual spend in this category. They provided a range of reporting to support the achievement against CIP target.
We offer a free opportunity assessment for NHS Trusts. We’ll work with you to quickly identify any opportunities and outline how we can exploit them. Just let us have your contact details and we’ll be in touch as soon as possible to arrange a brief introductory meeting.
We produce a series of easily digestible 60-second briefings on a range of topics – from procurement regulations to changes in accounting treatment for finance arrangements. Subscribe now and we’ll send you the latest briefings.
We have partnered with Mills and Reeve, the leading procurement lawyers, to create a guided wizard that makes certain you’re compliant with Regulation 84. It also includes a wizard to help you select the correct procedure for any procurement.
The portal is in the final stages of production and will be launched soon. If you’d like free access, just let us have your details and we’ll send you a link as son as it’s done.
If you’d like to find out how we can help your Trust, or your department, develop robust and effective replacement planning for medical devices, just complete the form and we’ll be in touch to explain how we can help.