3 minute read
Social Return on Investment
In 2019 a team of health economists from Costello Medical carried out an eight month pro bono investigation into the Social Return On Investment of Noise Solution’s work. The team were given a brief to be conservative in their assumptions, and only claim what could be robustly evidenced. We also are not claiming things which didn’t happen (for example we know anecdotally that we have diverted a number of young people away from acute mental health services, but because it didn’t happen we haven’t claimed it as a saving).
Their work has shown that Noise Solution produces a 334% return on investment. So for every £1 spent, we return £3.34 in savings to ‘the system’.
Our SROI data shows this contract returned over £73,000 back to ‘the system’
Qualitative impact data
The Noise Solution platform allows us to pull together quantitative data (above) with qualitative data (below) in the form of video reflections, photos and blog posts. This allows us to drill down into each datapoint (or person!) above and show their story, told from and by them to people that are important to them.
What follows below are some anonymised highlights from the digital stories of participants who were funded through this contract. These highlights demonstrate the three key pillars of our work; autonomy, competence and relatedness.