The 2017 Imperial College Business School conference Mobilising Business, Acting on Future Health has now taken place. The event was a great success and we are proud to have brought together over 100 delegates – business leaders from across industry and our leading academics – to drive the agenda on future health challenges.
The world’s health systems are facing unprecedented challenges – a perfect storm of escalating demand, a drive to contain public expenditure, and the need to deliver greater access to affordable healthcare in poorer countries. In addition, two big unknowns are looming – the human and economic cost of climate change on our health and a possible antibiotic resistance time bomb.
Scientific and technological innovation has transformed healthcare over the last century. Each year around $2 trillion is spent globally on drugs, medical equipment, IT and built infrastructure for health services. Although new health technology improves quality and efficiency, it often increases overall healthcare costs. Furthermore, the pharmaceutical and medical technology industries are struggling with a slowdown in their pace of innovation.
So what can business do to respond to these global healthcare challenges? How can we maintain the incentives for innovation and at the same time curb healthcare cost inflation? Where will the appropriate innovations for poorer countries emerge from?
The challenge is to create new business models that truly meet the changing needs of global healthcare. It requires new forms of relationship between business, government, the public sector and NGOs, so all the stakeholders can benefit from a more integrated system.
Mobilising Business, Acting on Future Health brought together businesses and other key players from the health sector with leading experts from Imperial College London to tackle these issues. On the day we explored:
- The potential impact of future health needs
- The innovation opportunities and challenges from the perspectives of business, government and research
- New models for funding health technology innovation
- What skills are needed within business and where the leadership will come from
This event tackled a major global challenge and is the second annual conference from Imperial College Business School.
If you have any questions about this or future conferences, please contact Ed Whisker, Marketing Manager: firstname.lastname@example.org