Cost containment strategies in health care - lessons from the world of business? March 4th 2014

Concern is continually expressed in the United States and other countries, particularly so in many low and middle income countries about the high-level and the rate of increase in healthcare expenditures. The first part of this session will highlight the five fundamental components which determine overall healthcare expenditures. These components can be utilized to make predictions about future cost increases. In the second half of the session, various strategies coming from the world of business to bring about appropriate reductions in healthcare costs will be suggested. Chief among these is the concept of value analysis, a tool combining a rigorous examination of health outcomes in relation to the expenses of delivering them.

A Business School and Global Health Academy public event

Speaker: Professor Victor Tabbush; (Professor Emeritus at UCLA Anderson School of Management)