October 2018 – Economics matters!

During the last edition of the European Health Forum in Gastein, interesting questions were debated. One plenary session was specifically dedicated to investment. We know that strategic investments in health are required but shouldn´t we also discuss return on invested capital (ROIC)? The first benefit concerns clearly the patient, patient satisfaction with care delivered by attentive health professionals. The second one must be economic adaptation and how to provide quality care at a reasonable cost in all EU Member States while respecting budget limitations. The answer to this complex question is the private sector specificity, limiting unnecessary costs by managing a talented workforce and offering modern treatment solutions. Our challenge is to concretize the framework presented in Gastein, transforming the idea into a reality accessible to all European Citizens.

Dr Paul Garassus
President of UEHP