Benefits to NHS Hospitals
Excluding the cost of training staff, IVS can save 17% to 34% of the cost of setting up and running a vascular laboratory. IVS offers flexible services to meet the requirements of individual hospitals using hospital or IVS instruments or equipment as required. In both cases, IVS charge a cost per scan and guarantees to achieve targets or deadlines set by individual trust (waiting times of less than three weeks, 95% of inpatients investigated the same day etc).
NHS Trusts benefit from reduced capital expenditure and lower staff and administration costs. Service volumes can be adjusted annually protecting the Trusts from stepped capital and staffing costs as demand increases. There is no risk of redundancy cost should the need for the service change.
The demand for trained vascular scientists is intense; staff costs and migration is high. IVS is committed to train at least four graduates/year. Spreading the investment risk across all services means IVS pricing is competitive whilst offering the highest quality of service.
IVS is registered with the Care Quality Commission (CQC) and was the first and is currently one of a very small number of vascular ultrasound services in England to receive independent accreditation of its services by United Kingdom Accreditation Service (UKAS).
Figure 3: Annual saving: staff only
Cost benefit of stroke prevention
Stroke accounts for 4% of the NHS annual budget. Each stroke costs between £10-13,000 in the first year alone. Twenty five percent of symptomatic patients with a 70% carotid artery stenosis detected by duplex ultrasound imaging will have a disabling stroke within three years. Saving just eight strokes per year will pay for a full-time IVS stroke service.
Reduced medico-legal expenses
NICE guidelines are that all patients suffering transient ischaemic attacks or stroke should have carotid duplex imaging within four weeks with higher risk patients investigated within 48 hours. NHS Trusts which fail to achieve this may be exposed to litigation. An IVS service guarantees carotid ultrasound waiting times in hours/days not weeks. IVS has recently launched a weekend on-call TIA service which ensures carotid duplex within 24 hours of symptoms, including bank holidays.
Failure to accurately diagnosis Deep Vein Thrombosis (DVT) commonly results in litigation with claims greater than the entire cost of a full time IVS DVT service.
NHS contract price examples
IVS offers fully managed, flexible contracts, tailored to the needs of the NHS Trust.
Please contact Andrew Picton (Managing Director) on 07768-930832 or email to Andrew.firstname.lastname@example.org to discuss your requirements.
- All services include the IVS rapid access reporting and database system
- IVS provides only the most up-to-date high definition imaging instruments and ensures regular maintenance.
- NHS hospitals can recover VAT on IVS services including on equipment costs.
✓ Can save 17% to 34% of the cost of setting up and running a vascular laboratory
✓ Reduces capital expenditure
✓ Lowers staff and administration costs
✓ 95% of inpatients investigated the same day
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