EIT Health funds Swedish method to prevent lifestyle diseases
EIT Health allocates 1,5 million Euros to The Health Movement, a Swedish project developing new funding models for commercial service providers together with health care to prevent the onset of type 2 diabetes.
EIT Health will award 1,5 million Euro to The Health Movement, a Swedish initiative to develop new methods of preventing lifestyle diseases that currently require a large proportion of healthcare resources.
– Today, as ten percent of the Stockholm County Council's budget is spent on the care of patients with diabetes, it is obvious that we need to help people at risk achieve a lifestyle change before disease strikes. We are confident that the public sector, in collaboration with industry, organizations and academia, can reverse the trend within existing financial frameworks, says Krim Talia, President of Life Science at RISE.
The Health Movement aims at developing funding models called Health Impact Bonds that will contract service providers to receive financial compensation based on service outcome. In a previously conducted study, the daily routines of patients with type 2 diabetes and the stakeholders these came in contact with were mapped. The result will now form the basis for the cooperation with a range of organizations in targeted interventions focusing on priority risk groups
– The Health Movement will enable further development of methods and solutions that empowers the individual to take long term control of her health by development of methods and tools for detecting, preventing and managing diabetes type 2 and will contribute to a healthier society, says Claes-Göran Östensson, senior professor at Karolinska Institutet.
– To achieve success, we must first define what we mean by health. Subsequently we can create a health index (health outcome) that measures the real effect of various interventions set against the cost and value to society. Next, we can evaluate, procure and integrate the best health services for which payment to each supplier is based on the achieved health, says Fredrik Söder, Business Development at MSD.
– EIT Health estimates that The Health Movement is well placed to become a Swedish flagship in preventive care. Their innovative model for the integration of society in order to create better public health is in direct line with what is required to meet the health-related and demographic challenges facing Europe, says Palle Høy Jakobsen, Managing Director of EIT Health Scandinavia.
The Health Movement is conducted by the Karolinska Institutet, MSD, RISE and the Stockholm County Council. International partners are located in Barcelona (ES), Birmingham (UK), Budapest (HU) and Rotterdam (NL).
Contact och Information:
Health Movement (Hälsorörelsen): Krim Talia, RISE, +46 10 516 58 83
EIT Health: Palle Høy Jakobsen, EIT Health Scandinavia, +45 30 44 48 18
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