Transforming Collaborative Healthcare: Efficient Addressing of Emerging Lifestyle Challenges
In Singapore, healthcare expenditure is expected to triple by 2030 (to SGD 44 billion) driven by ageing population and increase of NCD prevalence. The Singapore government has allocated SGD 10.2 billion for healthcare expenditure in Budget 2018 aiming to build new healthcare capacity to meet the rising demand and invest in new medical technologies to improve care quality. In the next 5 years, we are expected to see more general and community hospitals, polyclinics, nursing homes and elderly care centres across the island.
International experts believe that Healthcare Innovation is the key to create a more efficient and sustainable healthcare system for Asia. Healthcare providers need to make significant investments in processes and technologies for cost reduction and increase patient outcome to succeed in the increasingly competitive environment. While healthcare sector is undergoing a system restructure and transformation process, the recent 1.5 million healthcare data breach in Singapore has highlighted our weakness in digital health transformation. Cyber security is a critical “cancer cell” that healthcare professionals need to focus before we benefited from the healthcare technologies.
The Asia healthcare challenges present tremendous opportunities to develop a world-class efficient and sustainable healthcare system. How to capitalize on the innovation trend to create new opportunities?
Questex Asia’s Healthcare Innovation Summit Asia will bring together 250+ senior stakeholders from regulators, policy makers, healthcare institutions, practitioners and technology innovators and solutions providers to discuss Asia healthcare innovation trends, collaboration strategies, investments opportunities in digital health and brainstorm partnership ideas to achieve quality healthcare and healthcare sustainability goals.
