About
Ben Richardson is Co-Founder and Managing Partner at CF. Since 2014 he has supported the…
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Articles by Ben
Contributions
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Here's how you can cultivate the essential qualities and traits of a successful entrepreneur.
To be an entrepreneur you have to see the opportunity of what’s missing and formulate a vision of how you’ll fill that. And a key challenge is to focus on a specific well defined idea - as opposed to multiple. That focus is critical in defining the mission
Activity
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I hate doing video, but this is great reason to take the pain…..
I hate doing video, but this is great reason to take the pain…..
Liked by Ben Richardson
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I had a great time tonight at the Annual Christmas Party hosted by CPO Track® and Women in Product®UK , with support from Amplitude, in the heart of…
I had a great time tonight at the Annual Christmas Party hosted by CPO Track® and Women in Product®UK , with support from Amplitude, in the heart of…
Liked by Ben Richardson
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Keeping patients in hospital beyond their medical needs remains a persistent challenge for the NHS, placing avoidable strain on hospitals but also…
Keeping patients in hospital beyond their medical needs remains a persistent challenge for the NHS, placing avoidable strain on hospitals but also…
Liked by Ben Richardson
Experience
Education
Publications
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Investing in the dementia age
Outlines key findings from CF research with Alzheimers Society and Discover Now to understand the burden of disesase in Dementia and key trends; reflects on the opportunities for investment
Other authorsSee publication -
Improving market access for medicines
Report summarising a mapping of barriers to market access and uptake of medicine in the UK done with NHS and ABPI. Summarises findings and identify key opportunities for improvement
Other authorsSee publication -
The Economic Burden of Dementia
Alzheimer's Society and Carnall Farrar
CF was commissioned to investigate the social and economic impact of dementia in the UK. Using our advanced analytical tools, we leveraged a linked, record-level healthcare dataset from a Discover-NOW* database to develop a detailed understanding of the healthcare resource use of people with dementia. Read our summary of the report here.
CF estimated that the number of people living with dementia is expected to grow from 1m in 2024 to 1.4m in 2040, with prevalence increasing from 1.4% to…CF was commissioned to investigate the social and economic impact of dementia in the UK. Using our advanced analytical tools, we leveraged a linked, record-level healthcare dataset from a Discover-NOW* database to develop a detailed understanding of the healthcare resource use of people with dementia. Read our summary of the report here.
CF estimated that the number of people living with dementia is expected to grow from 1m in 2024 to 1.4m in 2040, with prevalence increasing from 1.4% to 1.9%. This equated to the total cost of dementia in UK growing from £42billion in 2024 to £90billion in 2040. The costs were broken down to:
Unpaid care will grow from £21.1billion (2024) to £40.1billion (2040)
Social care will grow from £17.2billion (2024) to £40.7billion (2040)
Healthcare will grow from £7.1billion (2024) to £13.5billion (2040)
Overall, we found that the approximately 63% of these costs are paid for by people with dementia and their families. -
AI, process automatic and robotics: transforming NHS pathways
The UK’s healthcare sector is at a pivotal point, with Artificial Intelligence (AI), robotics, and process automation poised to revolutionise healthcare delivery and the corporate functions that underpin it.
The NHS has the potential to be at the international forefront of system-wide transformation using these technologies. It represents a unique environment for innovation – it is a single-provider system with universal data coverage, it is supported by an established and growing Life…The UK’s healthcare sector is at a pivotal point, with Artificial Intelligence (AI), robotics, and process automation poised to revolutionise healthcare delivery and the corporate functions that underpin it.
The NHS has the potential to be at the international forefront of system-wide transformation using these technologies. It represents a unique environment for innovation – it is a single-provider system with universal data coverage, it is supported by an established and growing Life Sciences industry and its regulators are among the most forward-thinking in use of data and technology in medicines.
Incoming innovations in these technologies promise many advantages, including more preventative and personalised care, support to clinicians and other staff, and reduced healthcare costs. Ultimately, they are expected to boost productivity in health services, and to improve patient health outcomes and experiences. As the NHS navigates significant operational challenges and strives to recover from the impact of the pandemic, the urgency of this work is clear. At CF, we recognise the potential for these technologies but also the need for a concerted and collaborative approach to change between the NHS, developers, regulators and investors.Other authorsSee publication -
Emerging trends in UK as a Life Science Hub
Carnall Farrar
The global life sciences industry is undergoing a period of immense change driven by scientific advances and evolving regulatory and access environments. Health innovations are emerging at a rapid pace, promising improved outcomes for patients. However, bringing innovations to market requires companies to navigate increasingly complex and shifting requirements relating to pricing, reimbursement, and access. These developments present opportunities and challenges for life sciences companies…
The global life sciences industry is undergoing a period of immense change driven by scientific advances and evolving regulatory and access environments. Health innovations are emerging at a rapid pace, promising improved outcomes for patients. However, bringing innovations to market requires companies to navigate increasingly complex and shifting requirements relating to pricing, reimbursement, and access. These developments present opportunities and challenges for life sciences companies looking to recoup investments in R&D and make cutting-edge therapies available to patients worldwide.
Despite historical challenges relating to the uptake of innovation, a number of recent developments have now come together to ensure that the United Kingdom stands out as a highly attractive market for life sciences innovation. The UK brings together a highly favourable policy environment, a robust and expanding data infrastructure, a strong ethos of collaboration between stakeholders, and a range of early access opportunities. The US will obviously remain both the largest market and very different from Europe which will mean it is the top driver for Pharma, but these developments in the UK make it a very good place to test models that could be delivered in other markets facing similar challenges.Other authorsSee publication -
The Challenge and Promise of UK Life sciences
The promise of life sciences innovation is exciting. Disease-modifying treatments for Alzheimer’s, effective obesity drugs, increasingly individualised precision medicines, cancer immunotherapy and vaccines, and advanced therapies and platform technologies like cell and gene therapies are emerging at an exponential pace. These combined with advances in early patient identification such as low cost, non-invasive liquid biopsies for cancer and dementia, are creating extraordinary opportunities to…
The promise of life sciences innovation is exciting. Disease-modifying treatments for Alzheimer’s, effective obesity drugs, increasingly individualised precision medicines, cancer immunotherapy and vaccines, and advanced therapies and platform technologies like cell and gene therapies are emerging at an exponential pace. These combined with advances in early patient identification such as low cost, non-invasive liquid biopsies for cancer and dementia, are creating extraordinary opportunities to transform healthcare and improve patient outcomes across a range of diseases.
While this transformative potential is at the core of the UK government life sciences strategy, this sector faces some particular challenges. As a truly global industry, the “market” for life science research and jobs is subject to intense international competition. The success of the NHS in flexing its bargaining power means good deals for the NHS translate into some of the lowest net prices and margins in the OECD. Uptake of innovative new therapies has historically been slower and more variable compared to other countries. This places a dampener on the enthusiasm of the life sciences industry for the UK market.
Indeed, a survey and series of interviews with life science industry leaders revealed that some of the most common challenges have to do with variable local clinical leadership, a lack of timely and integrated guidance for whole pathways, slow and variable local formulary decisions, and multiple layers of bureaucracy to navigate.
Despite these hurdles, there are several compelling reasons for the UK life sciences sector to be optimistic right now, including 1) advances in science, 2) changes in regulation, 3) data developments, and 4) opportunities to collaborate. Combined they hold the potential that could make the UK the best place to research, develop and use new medicines, and with it open up potential for greater economic activity in local areas that embrace this. -
Forming Value Based Agreements
We are living through an era of astounding innovation and disruption in life sciences and health care.
Perhaps inevitably, these trends present healthcare systems with unprecedented opportunity to
improve clinical and health economic outcomes—and in some cases to transform how these outcomes
are achieved. They also raise questions about value and risk posed by new healthcare technologies and
entirely new technology categories.
As the development of diagnostics and therapeutics…We are living through an era of astounding innovation and disruption in life sciences and health care.
Perhaps inevitably, these trends present healthcare systems with unprecedented opportunity to
improve clinical and health economic outcomes—and in some cases to transform how these outcomes
are achieved. They also raise questions about value and risk posed by new healthcare technologies and
entirely new technology categories.
As the development of diagnostics and therapeutics with significant promise and uncertainty continues,
healthcare systems and life sciences companies need to move beyond traditional cost-per-unit and
rebating models, in order to manage this uncertainty while ensuring rapid access. We have seen this
happen most prominently through the development of more flexible and creative deals, or value-based
agreements offering novel forms of risk-sharing between companies and health systems. These can take
a range of forms—for instance contracts that are contingent upon the value or outcomes that the
therapy delivers to patients and payors, and/or upon the continued generation of evidence around the
efficacy of the therapy—or both. Such value-based agreements are becoming increasingly popular
across the globe—including in the UK, where the NHS has recently struck a number of large-scale valuebased deals and signalled an increased interest in similar, future agreements. This demand, by some of
the life sciences industry’s most important institutional customers, underscores a critical business
priority to rapidly develop the capabilities for such agreements.
In this article, we explore the definition and types of value-based agreements in greater detail, the
status of such deals in the UK, and important requirements for forming and implementing successful
value-based agreements. -
It’s time to stop talking about delayed transfers of care
Carnall Farrar
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The Journey to Integration: Learning from seven leading localities
Local Government Association
This report, commissioned from Carnall Farrar by the Local Government Association (LGA), synthesises the ndings from seven programmes in England. The extent to which integrated care has aspired to and/or achieved measurable bene t has been examined. This has been reviewed in parallel with whether differences in the design and execution of integrated care contributes to the impact each programme can have. Of particular interest is the focus and care model of the integrated care system and the…
This report, commissioned from Carnall Farrar by the Local Government Association (LGA), synthesises the ndings from seven programmes in England. The extent to which integrated care has aspired to and/or achieved measurable bene t has been examined. This has been reviewed in parallel with whether differences in the design and execution of integrated care contributes to the impact each programme can have. Of particular interest is the focus and care model of the integrated care system and the presence of key enablers such as the information management (including
better information governance, sharing and management), payment model (including new ways of creating incentives for providers such as capitation) and governance arrangements (starting with binding together joint action and leading to new combinations of providers to respond to the opportunities and challenges to deliver integrated care). The report draws out key messages and conclusions that should be considered locally and nationally within the development of integrated care. -
How to guide: Evidence based plans
NHS Better Care Fund
This document provides an overview of the evidence base for integrated care
Other authorsSee publication -
How to guide: financial modelling
NHS Better Care Fund
This document provides a guide to modelling the financial impact of integrated care
Other authorsSee publication -
How to guide: Outcomes Modelling
NHS Better Care Fund
This document provides and overview of how to plan for integrated care
Other authorsSee publication -
How to guide: Risk Stratification
NHS Better Care Fund
This document provides an explanation of population segmentation, risk stratification and information governance. These are critical requirements to deliver better care.
Other authorsSee publication -
Understanding patients' needs and risk: A key to a better NHS
McKinsey White Paper
Successful Integrated Care systems all share the ability to understand the needs of population and risk of admission in a detailed and segmented way. The NHS has perhaps the best and most universal set of data of any health system in the world but has struggled to pull that data together into useful intelligence.
Making use of the matched patient level data set in North West London, we create a detailed profile of the population by segment. we demonstrate that the 20% of the population…Successful Integrated Care systems all share the ability to understand the needs of population and risk of admission in a detailed and segmented way. The NHS has perhaps the best and most universal set of data of any health system in the world but has struggled to pull that data together into useful intelligence.
Making use of the matched patient level data set in North West London, we create a detailed profile of the population by segment. we demonstrate that the 20% of the population at moderate, high, or very high risk of incurring an emergency admission account for the vast majority of service utilisation and spend.
These findings have four implications for the NHS. First, those responsible for care delivery must understand how significantly patients’ needs vary if they want to target services to specific population groups. Second, every clinician and commissioner would benefit from having access to a combined data set and the tools needed to access the information in it. Third, commissioners and local
authorities need to ask how health and social care could be better organised to support patients, especially those at higher risk. Fourth, commissioners need to consider whether they should modify the way they pay for health and social care.Other authorsSee publication -
How to improve clinical behaviour in primary care
Health International
Description of the key changes needed in primary care to deliver integrated care and how the influence model can be used to support these changes
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McKinsey's 5th Annual Integrated Care Conference Proceedings
McKinsey
A summary of the proceedings of the fifth annual conference covering payment models, information, primary care, and behavioural change.
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Primary Care: The Central Function and Main Focus
The global health policy summit
An overview of the opportunity and challenges facing primary care around the world
Other authors -
What it takes to make Integrated Care Work
Health International
Integrated Care has become a popular concept but what is required to make it work? We examined more than 40 systems around the world to identify a set of common success factors. All successful systems share a focus on 1) understanding patient needs, 2) changing core processes the delivery system to organise around the patient (including risk stratification, care planning, multidisciplinary teams), and 3) putting in place five key enablers including information, payment, governance, leadership…
Integrated Care has become a popular concept but what is required to make it work? We examined more than 40 systems around the world to identify a set of common success factors. All successful systems share a focus on 1) understanding patient needs, 2) changing core processes the delivery system to organise around the patient (including risk stratification, care planning, multidisciplinary teams), and 3) putting in place five key enablers including information, payment, governance, leadership and patient empowerment. This article sets out a description of what this looks like.
Other authors -
A healthier NHS
McKinsey Quarterly
Research into the link between management practices and productivity in the NHS
Other authorsSee publication
More activity by Ben
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I am absolutely delighted to join CF. Thank you for the warm welcome and making me feel at home. I am hugely excited about the work we are going to…
I am absolutely delighted to join CF. Thank you for the warm welcome and making me feel at home. I am hugely excited about the work we are going to…
Liked by Ben Richardson
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We are thrilled to welcome Christian Adams, our latest addition to the CF team, who has joined as a Director in Health Systems. 🏥 Christian has…
We are thrilled to welcome Christian Adams, our latest addition to the CF team, who has joined as a Director in Health Systems. 🏥 Christian has…
Liked by Ben Richardson
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Well what a (sold out!) party last night at our very own Cambridge Health Network. Amazing turn out of our members and remarks from Alan Milburn…
Well what a (sold out!) party last night at our very own Cambridge Health Network. Amazing turn out of our members and remarks from Alan Milburn…
Liked by Ben Richardson
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Congratulations to Hannah Farrar, CF, the winner of our #HIPowerList24, Consultant Award!
Congratulations to Hannah Farrar, CF, the winner of our #HIPowerList24, Consultant Award!
Liked by Ben Richardson
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A great evening at Cambridge Health Network with Penny Dash Pam Garside and Alan Milburn Andrew Ridley Louis Mosley (can’t be mentioned?) up front…
A great evening at Cambridge Health Network with Penny Dash Pam Garside and Alan Milburn Andrew Ridley Louis Mosley (can’t be mentioned?) up front…
Shared by Ben Richardson
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** Personal Announcement** I am delighted to have been accepted as Visiting Professor at Ulster University. Recently recognised as the University of…
** Personal Announcement** I am delighted to have been accepted as Visiting Professor at Ulster University. Recently recognised as the University of…
Liked by Ben Richardson
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Delighted and very honoured to accept the 2024 HealthInvestor Power List ‘Consultant’ trophy 🏆on behalf of the stellar Hannah Farrar at today’s…
Delighted and very honoured to accept the 2024 HealthInvestor Power List ‘Consultant’ trophy 🏆on behalf of the stellar Hannah Farrar at today’s…
Liked by Ben Richardson
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We are proud to share that Hannah Farrar, CF Chief Executive, has been named as the winner of the ‘Consultant’ category in the 2024 HealthInvestor…
We are proud to share that Hannah Farrar, CF Chief Executive, has been named as the winner of the ‘Consultant’ category in the 2024 HealthInvestor…
Liked by Ben Richardson
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