Professor Nora Colton joins Olu Moradeyo to discuss health financing. They discuss the complexities of healthcare financing, highlighting factors such as ageing populations, consumer expectations, technological advancements, and administrative overheads. She emphasizes the need for value-based care, which focuses on patient outcomes rather than inputs, to reduce costs. Colton also mentions the importance of public-private partnerships, telemedicine, and pharmaceutical reform. She advocates for innovative financing models like social impact bonds and health savings accounts. Colton stresses the role of governance in supporting sustainable healthcare, calling for a more agile, integrated approach that includes all stakeholders, particularly patients.
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Find out more about the Global Business School for Health:
https://www.ucl.ac.uk/global-business-school-health/gbsh-capital-health-podcast
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