The value chain in health: making health systems more sustainable

Abstract

In the current economic crisis, health systems in Portugal and elsewhere in Europe have attempted to increase efficiency in the delivery of health services. However, current approaches to evaluate costs constitute a barrier for creation of value. They lead to cost control measures, which might be ineffective. Cost control without assessment of health outcomes is counterproductive. Although it might result in potential short-term savings, it may limit effectiveness and compromise long-term sustainability. There is evidence that investment in primary health care and disease prevention can reduce the increasing pressure on emergency services, which are more expensive. Attention to health outcomes in relation to costs should define the structure for improvements in the health care system. Focusing on the value of health can release the existing potential for innovation in Portuguese society. A more innovative society will be healthier, more productive, and more resilient to future financial crises.