Guest Blog: Vertigo Ventures
Top Ten Healthcare Indicators uploaded by Vertigo Ventures
The Global Value Exchange continues to grow. A new set of indicators with a specific focus on healthcare has recently been added by the impact performance measurement specialist Vertigo Ventures.
Vertigo Ventures specialises in providing tools for organisations to demonstrate social, financial and environmental performance. Organisations use Vertigo Ventures’ cutting-edge reporting tools to efficiently provide the most compelling and precise analysis of both the breadth and depth of impact to their stakeholders, especially clients and funding bodies; looking beyond the number of people affected by a project, to how their quality of life is changed. As a result, our clients maximise their engagement with key stakeholders, improve their chances of securing finance and identify new income streams.
Vertigo Ventures works with innovative clients including, RWE npower, the University of Oxford, and aleevee8 CIC.
Esme Wilks, an impact officer at the University of Oxford said the following about working with Vertigo Ventures. "The University of Oxford continued to work with Vertigo Ventures after they were able to help us investigate new areas of impact we had not previously considered, engage with various stakeholders to collect, verify and demonstrate the impact of our research and they added value overall. Throughout the project Vertigo Ventures were pleasant to work with, took our comments on board and delivered the project on time."
Using the right indicators is at the core of Vertigo Ventures’ work. The VV-Impact Metrics tool was designed to guide users to systematically and comprehensively identify the relevant indicators to demonstrate their impact. Once we have identified the possible indicators with the client we then ensure that these are feasible to measure, set a benchmark and monitor on an ongoing basis.
The Global Value Exchange site allows different organisations to browse and upload their own contextual data and to base their understanding of the difference they are making on empirical foundations. As such demonstrating to funders the value they add beyond the financial bottom line. These top ten indicators were selected to support organisations working in healthcare and with patients. The aim was to provide indicators which could be used to benchmark performance allowing project managers to demonstrate how they have changed patient experience or affected treatment times.
We look forward to continuing to contribute to the work of WikiVOIS.
Below is a full list of the new indicators:
By Bokani Thidzu