Switching from hospital care to monitoring and treating patients in their homes will help make public health spending more cost-efficient, according to Edwin Kohl, chairman of healthcare lobby group Costeff.
Health services across Europe will come under increasing pressure during the financial crisis, according to European Health Commissioner Androulla Vassiliou, who is urging health ministers not to slash public spending on health care.
Healthcare systems around the world will become unsustainable by 2015, unless governments adopt new accountability standards on how the money is being spent, argues an IBM report, echoing earlier calls for more transparency in public health funding.
The EU generally looks to the US as its model for pharmaceuticals innovation. But US companies are showing signs of vulnerability due to competition from generics and a lack of new 'blockbuster' drugs.
According to a new publication by the OECD, "Health Data 2003" health care spending in 30 OECD member countries reached an all-time high of 8.4 per cent of GDP in 2001. This represents a 0.3 per cent increase from 2000.