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Mobilising novel finance models for health promotion and disease prevention

Project description

New intelligent capacitating investment in health

European society is ageing and expectations regarding healthcare services or public health are rising. While improving healthcare system functioning, budgetary pressures will keep increasing. Consequently, in the medium to long-term, governments will have less fiscal space to provide additional budgetary resources, including healthcare. To address this problem, the EU-funded Invest4Health project proposes to design new finance models based on the promotion of health and disease prevention. It will do it through interdisciplinary research and testing for optimal financing solutions in capacitating intelligent investment by creating a model collaborative platform. It would allow shared risks, environmental draws and localised benefits while empowering citizens and communities to invest in new spaces.

Objective

In the medium to longer-term, the fiscal space that governments have to provide additional budgetary resources will shrink, including for healthcare. Our response is that it is better to pre-empt rather than repair i.e. to incentivise new ways of financing health promotion and disease prevention. The financing solution is smart capacitating investment. This means sharing risks and resources to invest at scale across multiple levels within health ecosystems generating sustainable returns and localised benefits. The specific objectives are:
1. Draw on available evidence to strengthen how smart capacitating investment is framed and communicated
2. Assess and enhance organisational readiness for testing SCI models in the regional test-beds
3. Develop and test business models that are compatible with smart capacitating investment
4. Develop and test novel finance models to determine which of the business models align with pre-defined contingencies for delivering smart capacitating investment
5. Develop and test a prototype collaborative platform for governing smart capacitating investment in health promotion and prevention.
With an interdisciplinary approach we calibrate and harmonise 3 main work streams: developing functional prototype models of the anchoring concept (smart capacitating investment) [WP2-4]; iterative testing in real world environments (ES,DE,SE,UK initially with an Open Call for a 2nd tranche of transition and less developed regions) to show relevance in tax and insurance-based systems [WP5-6]; preparing a social franchising package for large-scale demonstration [WP7]. Underpinning these workstreams, we will also explore and test platform-based collaborative spaces for the involvement of resourced citizen panels and local communities in planning and investment decisions for interventions and services. The project generates concrete outcomes and impacts for further development and uptake of smart capacitating investment that disrupts state-of-the-art.

Coordinator

REGION SKANE
Net EU contribution
€ 487 937,50
Address
REGION SKANE
291 89 Kristianstad
Sweden

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Region
Södra Sverige Sydsverige Skåne län
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
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Total cost
€ 487 937,50

Participants (14)

Partners (3)