HOW LIFT WORKS
Before a LIFT company can be set up, local health and social care providers agree to partner with one another to improve service delivery and service infrastructure. These providers identify and collate the details of their service requirements and develop an integrated service strategy – the Strategic Service Development Plan.
This often involves upgrading local infrastructure to co-locate health and social care services under one roof. Subsequently, through a competitive procurement process, public service providers seek a private sector partner with whom to establish a local LIFT company. Once formed, LIFT companies are co-owned by the public sector (40%) and the private sector (60%) partners.
This means that, once established, there are three partners with an interest in the LIFT company: the public sector partners, the private sector partners and Community Health Partnerships representing the Department of Health.
The LIFT company then enters into a Strategic Partnering Agreement (SPA) in which it agrees to work with the participants to deliver local infrastructure projects and services over a period of 20 years.
