Is canada ready to partner for value-based healthcare?

Abstract

Global experience demonstrates that the transition of healthcare systems towards better value requires the collaboration of multiple actors, including health industry. Globally, several initiatives are already demonstrating the power of value-based partnerships between public and private sectors. This paper will explore how international healthcare systems are evolving to adapt to a new value-based framework and will highlight the role of the private sector. The paper will also provide some examples of successful projects in Canada and abroad. Health systems in Canada are strained. Is Canada’s healthcare system ready for these innovative collaborative approaches with industry?