Social Return on Investment Analysis of the Health Precinct Community Hub for Chronic Conditions

Local governments and Health Boards are seeking to develop integrated services to promote well-being. Social participation and physical activity are key in promoting well-being for older people. The Health Precinct is a community hub in North Wales that people with chronic conditions are referred to through social prescribing. To improve community-based assets there is a need to understand and evidence the social value they generate. Data collection took place October 2017-September 2019. Social Return on Investment (SROI) analysis was used to evaluate the Health Precinct. Stakeholders included participants aged 55+, participants' families, staff, the National Health Service and local government. Participants' health and well-being data were collected upon referral and four months later using the EQ-5D-5L, Campaign to End Loneliness Scale and the Rosenberg Self-Esteem Scale. Family members completed questionnaires at four months. Baseline data were collected for 159 participants. Follow-up data were available for 66 participants and 38 family members. The value of inputs was 55,389 pound (attendance fees, staffing, equipment, overheads), and the value of resulting benefits was 281,010; pound leading to a base case SROI ratio of 5.07 pound of social value generated for every 1 pound invested. Sensitivity analysis yielded estimates of between 2.60:1 and 5.16:1.