Blog posts

Investing in health: The economic case

investing_in_health_report-1Developing country governments and aid agencies face difficult decisions on how best to allocate their finite resources. Investments in many different sectors – including education, water and sanitation, transportation, and health – can all reap social and economic benefits. This report, ‘Investing in health: The economic case’, which is to be discussed at today’s World Innovation Summit for Health (WISH) focuses specifically on the health sector. It presents compelling evidence of the value of scaling-up health investments. The economic case for increasing these investments in health has never been stronger.

Having made progress in reducing maternal and child mortality, and deaths from infectious diseases, it is essential that policymakers do not become complacent. These gains will be quickly reversed without sustained health investments. Scaled-up investments will be needed to tackle the emerging non-communicable disease (NCD) burden and to achieve universal health coverage (UHC).

Report focus

Stethoscope to measure blood pressureThis report presents compelling evidence of the value of scaling-up health investments, addressing three key questions:

  1. What is the economic rationale for investing in health?
  2. What is the best way to finance health?
  3. Which interventions should be prioritised?

Report insights

The report insights are organised around answers to the above three key questions:

  1. Investing in health is an investment in economic prosperity through multiple pathways:
  • Education – well-nourished children are more likely to go to school and to further their education, which is linked to higher earnings in adulthood.
  • Productivity – healthy people work harder and better, and are less likely to take days off.
  • Investment – people are more likely to save money when they expect to live longer and businesses are more likely to invest in countries with healthier populations. • Resources – access to natural resources is opened up when endemic diseases such as malaria are tackled.
  • Demographics – when mortality rates fall, women have fewer children, which temporarily increases the ratio of working-age people to their dependents.
  1. Without public financing there will be individuals who cannot afford the care they need, resulting in sickness, and potential mortality and financial ruin. This is a devastating choice that pushes 150 million people into poverty every year.
  1. Investing in interventions that are targeted to local needs is the fastest and most effective way to reduce mortality. Dramatic health improvements are possible through scaling-up best buys, even when social and economic conditions are poor. These interventions provide high levels of health and financial protection with impressive economic returns.

Further Reading  

Read the full report here.

Read all the WISH forum reports here.

About the World Innovation Summit for Health (WISH)

WISH focuses on some of the most pressing global health challenges facing governments, health systems and populations. WISH brings together internationally renowned experts, who work with advisory groups to publish evidence-based reports on a range of healthcare topics each year.

Chaired by a team of experts drawn from academia, industry and policymaking, the WISH Forums look in depth at the challenges faced in each area – surveying the literature and interviewing experts in the field. The Forum reports present some of the very best innovations that have been shown to have real impact across the developed and the developing world.

During the Summit, the Forum reports will form the basis of a series of panel discussions hosted by leading experts. The Chair of each Forum will open the panel discussion, focusing on ways key issues can be tackled and considering some of the available innovations that might help.

For further information about WISH and previous conferences, visit their website.

Healthy Populations: Designing strategies to improve population health

healthy_populations_report-1The health of a population is influenced by a wide range of factors, most of which lie outside the healthcare system. This includes social, economic and environmental factors, as well as individuals’ behaviours.

Tackling the major health challenges facing populations across the globe – including the rise of chronic diseases and widening inequities in health requires co-ordinated action between different parts of society. Yet approaches to improving population health are typically fragmented and imbalanced towards healthcare services.

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Innovative approaches to prevention: Tacking the global burden of cardiovascular disease

cardiovascular_disease_report-1Cardiovascular disease (CVD) causes 17.5 million deaths each year. Most of these deaths are from heart attacks and strokes, and many are premature. Although outstanding progress has been made in CVD awareness, prevention and treatment, three out of every 10 deaths this year will still be result of CVD.

A global epidemic, cardiovascular disease is the leading cause of mortality and morbidity worldwide, affecting all regions regardless of income. Low-and middle-income countries make the largest contribution to the burden of CVD, particularly in terms of deaths in people aged 30 to 70 years, and those figures are still rising. However, CVD deaths and disability are not inevitable and up to a quarter could be avoided with more effective strategies for primary and secondary prevention. The ‘what’ is well-known, with a range of well-established, evidence-based and effective interventions. But knowing what to do has not proved enough to ensure effective implementation at scale. The ‘how’ still eludes us in some areas, and for some populations.

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An international perspective on information for patient safety: What can we learn about measuring safe care?

lhsn_report-1The fact that patient safety is an important issue in healthcare is not up for debate. We can all agree that it is unacceptable that almost one in 10 patients are harmed while receiving care in the hospital. However, it is also worrying that we rely on estimates of safety levels because of the lack of comprehensive information.

Through a combination of a review of the literature and a qualitative survey of eight organisations, this report compares how health systems measure patient safety. The report of the Leading Health Systems Network (LHSN) 2016 reviews which information sources are used and to what end. Discussed at this afternoon’s World Innovation Summit for Health (WISH) aims to highlight ways for all care providers to improve the measurement of patient safety.

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Genomics in the Gulf region and Islamic ethics

islamic-ethics-report-english-1-1In much the same way that genomic technologies are changing the landscape of biomedical research, the ethical issues these technologies generate are setting today’s agenda of ethics research. The distinct ethical issues concerning the management of incidental findings represent a serious challenge that has occupied the minds of

Western bioethicists for a while, but has yet to capture due attention from specialists in the Muslim world.

Incidental findings are generally defined as results that arise although they were not part of the original purpose of the research project or clinical test. Ethical management of these findings is not a simple matter, because while they can be lifesaving, they can also lead to harmful consequences for the individual and community at large, and at other times lack any clear significance.

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Applying behavioral insights: simple ways to improve health outcomes

behavioral_insights_report-1-1Much of the global burden of disease arises from unhealthy behaviors, which people struggle to change even if they have the awareness, intention and ability to do so.

The new report ‘Applying behavioral insights: simple ways to improve health outcomes’ will be discussed at today’s World Innovation Summit for Health (WISH).

The Behavioral Insights Forum will present groundbreaking, evidence-based research showing how citizens’ health can be improved through a better understanding and application of the latest research. Led by a UK government-owned social purpose company, The Behavioral Insights Team, this research studies the factors that influence human behavior thereby producing evidence that can prove vital to improving the health of populations.

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Implementing accountable care to achieve better health at a lower cost

accountable_care_report-1Most countries have well-established mechanisms to pay for medical treatments. However, many innovations – telemedicine, use of community health workers and lower-cost versions of treatments – are inadequately reimbursed, if reimbursed at all.

Payment systems are often slow to support new care models, and understandably so: additional payments for innovations create fiscal concerns; innovations may not be cost-effective unless integrated appropriately with other services; and existing institutions may lack experience or clear authority to support new services. Accountable care can help to overcome such barriers.

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Precision Medicine: A global action plan for impact

Precision medicineSince the turn of the century, global achievements in scientific research have enabled us to realise a new era of healthcare delivery and treatment. Diseases are becoming better understood, even at their most detailed level, which has allowed scientists to develop new drugs, therapies and preventative techniques to combat problems in very specific ways. A new form of healthcare delivery, one that is determined by a patient’s genetic and personal characteristics, has become possible.

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Health professional education: Opportunities to accelerate progress towards universal health coverage

health_professional_education_report-1International efforts to achieve global development goals in health have raised concerns about the availability of a well-trained and effective health workforce. As a result, the health workforce has been the focus of many global initiatives in the last decade that have called for urgent action to overcome the so-called ‘health workforce crisis’. Despite some progress, the health workforce challenges remain a critical bottleneck in achieving Universal Health Coverage (UHC) goals in most countries.

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Autism: A global framework for action

autism_report-1Autism spectrum disorder (ASD) represents a group of lifelong neurodevelopmental disorders emerging during early childhood and interfering with a person’s ability to socially relate to and interact with others.

As of 2010, there were an estimated 52 million cases of ASD worldwide, representing a substantial increase over the past 40 years. Meanwhile, the economic impact of ASD in the United States (US) alone – based on direct medical, direct non-medical and productivity costs – reached an estimated $268 billion in 2015, a figure that is expected to rise to $461 billion by 2025.  ASD and other neurodevelopmental disorders also affect the quality of life of those with the conditions, as well as of their families and caregivers.

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