BookWatch: OECD Health Policy Studies: Achieving Better Value for Money in Health CarePHCRIS Infonet, Volume 14, Issue 4, April 2010, ISBN 1832 620X
It will come as no surprise that most developed and developing nations are facing issues with financing their health care systems. In Australia alone, we spend 8.8% of our GDP on health care services, though this is increasing at a rate of 4.1% per year (after adjusting for inflation). This pattern of growth is unsustainable, especially in light of the added pressures soon to bear with an ageing population.
Achieving better value for money in health care is a collection of presentations and ensuing discussions from individuals at the OECD and leading health services researchers. It focuses on current knowledge and insights into how to promote effectiveness and efficiency within the health system.
It begins with an overview of recent economic trends in the area of health. The final five chapters each assess key policy priority areas relevant to increasing efficiencies and quality in the health sector. This includes: the use of the market mechanisms with health care resources, improving care coordination, increasing efficiency in pharmaceutical expenditures, how information and communication technologies might serve to increase efficiency, and insights into different funding mechanisms and their consequences.
This book draws heavily on existing research by experts in a relevant field. Each chapter concludes with key policies, their positive and their negative implications. Achieving better value for money in health care serves as a useful overview and reference for the principles of creating efficient and effective health care economies.
OECD Health Policy Studies. (2009). Achieving better value for money in health care. OECD Publications.