Public-Private Partnerships Critical To Ensuring Adequate Global Health Financing
Devex: Opinion: How public-private partnerships can unlock billions for health financing
Arnaud Bernaert, head of global health and healthcare industries and system initiative at the World Economic Forum, and Dessislava Dimitrova, lead for health systems and healthcare joint ventures at the World Economic Forum
“…Recent estimates by the World Health Organization published in The Lancet state that reaching SDG 3 — which addresses healthy lives and well-being — would require new investments increasing over time from an initial $134 billion annually to $371 billion by 2030 in order to address the health challenges for 67 low- and middle-income countries. … It is clear that no single government, civil society, or the private sector can foot this bill. New mindsets, technologies, models for collaboration, financing, and delivery approaches are needed to ensure all people receive the care that they need. The good news is that we have already seen a few projects successfully tackling challenges of similar magnitude. … Building on the experiences with public-private partnerships, we might yet be able to find the billions our world’s global health goals require” (1/3).