Emerging health economies are challenging traditional models of care and succeeding with innovative, low-cost alternatives. Capturing the insights of 75 healthcare leaders from around the world, Necessity: the mother of innovation highlights key areas emerging health systems must focus on in order to keep costs down without compromising on quality.
The last decade has seen a massive explosion in the number of people achieving ‘middle class’ financial status. Over a billion people worldwide – with a combined wealth of US$33 trillion – now occupy this new, influential, fast growing population group.
Such a powerful demographic shift is transforming the way countries with developing and maturing health systems think about the financing and provision of care.
The report, Necessity: the Mother of Innovation, based on the combined expertise of over 75 KPMG member firm clients and healthcare leaders, explores some of the issues governments, payers and providers are confronting as they seek to find high-quality, cost-effective solutions to meet the rising expectations of this new aspirant middle class – without creating the unsustainable high-cost models found in the west.
Featuring in-depth case studies from successful low-cost systems, many of the approaches explored can also be adapted by higher income countries struggling to manage rising healthcare costs.