East Cheshire Hospice now needs to find a staggering £9,362 a day to keep its doors open.
The daily cost represents a near 25 per cent increase on the old figure of £7,500.
The new total, calculated on average costs over the last five years, excludes the 21 per cent of income received from government.
That percentage has risen from 17 per cent but is still well below the 30 per cent hospices receive on average nationally from public funds.
East Cheshire’s slight rise in NHS support is due to the extra community services it now provides.
The Hospice has also calculated that a single overnight stay in its inpatient unit costs £740.
The increases are due to a combination of factors.
The cost of providing care at the Hospice has gone up.
Energy bills have gone up, as have staff wages with the Hospice committed to matching NHS salaries.
The cost of equipment and building maintenance also rose as part of the cost-of-living crisis.
The £7,500 figure needed daily also excluded the charity’s popular Hospice @ Home service which started in 2017.
The total cost of running the Hospice, which provides more services than ever before, is around £5.6m a year.
The modernised Sunflower Living Well Centre will have the capacity to support 400 individual and family members each week, more than twice the previous number.
Importantly, the complex will allow more than one service to run at any one time, giving the Hospice further scope to handle the changing complexity of healthcare needs.
Income Generation Director Rachel Allcock said: “The fact we need to raise £9,362 a day to run the Hospice emphasises more than ever the need to continue to generate funds.
Rachel Allcock, Income Generation Director at East Cheshire Hospice.
“The amazing goodwill and generosity of the public, our corporate supporters and our hard- working staff and volunteers keeps us going and we thank them sincerely for their ongoing support.
“The model used to calculate our costs allows us to update the figures easily.
“We deliver a lot more services than we did before so the sum we need to raise is far more up to date, reflecting the scale of the challenge we face in difficult economic times.”
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