Healthcare systems around the world face immeasurable challenges, and so are Australia. They buckle under the pressure of aging populations, unhealthy lifestyles (which lead to the rise of chronic diseases), and build expectations for greater access to new technologies. Furthermore, patients are more educated and demanding the best service thanks to the internet. All of this puts pressure on healthcare and healthcare spending.
Australia's healthcare system needs to address these challenges while ensuring better patient outcomes at a lower cost. This has introduced a wider range of healthcare reform measures affecting the broader healthcare systems and the life sciences (pharmaceuticals and medical devices) industry.
Life Sciences organizations cannot take a “meeting” approach, sitting on old business models and approaches to services and profitability.
The industry has the real opportunity to become part of healthcare solutions that are positioned as systems partners rather than suppliers.