PPP is the way for GCC healthcare costs

In the years to come, growing healthcare spending will impose a hefty burden on Gulf Cooperation Council (GCC) Governments.

As we enter 2013, healthcare costs continue to increase in the region -partly due to the high prevalence of chronic diseases. Today, thanks to systemic transformation, strategic planning, and population screening programmes, GCC governments recognise that the current model - in which the state shoulders most of the direct healthcare costs - is unsustainable over the long term. In light of this, management cosulting firm Booz & Company found that these governments must use a Public-Private Partnership (PPP) approach in order to tame expenditure, improv­e quality of service, and provide further access to expertise.

A Sytem Riddles With Challenges

In recent years, GCC healthcare systems have achieved myriad accomplishments, includ­ing widespread provision, rising professional standards and regula­tion, generous funding, and grow­ing levels of investment. Population screening programs, impressively rapid system-wide transformation programs and long-range strategic planning efforts have also placed these countries at the forefront of the healthcare industry.

Read more: http://www.gulfbase.com/news/ppp-is-the-way-for-gcc-healthcare-costs/230059