Document paper Value-based Procurement

Economic Value as a guide to invest in Health and Care — Policy Framework

European health systems are under pressure. Economic growth is low yet demographic trends imply an ageing population and growing rates of chronic illness. To safeguard the European model of healthcare, characterised by universal coverage and equal access for the population, policymakers need better knowledge of how health influences the socioeconomic environment. This will enable them to make the most economically advantageous choices in order to maximise the value of the investments made into health and care. This thinking is reflected in the European Commission’s “Investing in Health” staff working document, published as part of the “Social Investment Package”[1]; in the EU Commission Communication “Towards Social Investment for Growth and Cohesion”[2]; and in the EU Public Procurement Directive.

Posted on 25.08.2016

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