International Health Care Business Strategies from MCOLGlobal   December 2016

Supersized B2B Health List
Sponsor Message

Quote

Over half the country's (Syria) public hospitals and primary health care centers are either closed or only partially functioning, Almost two-thirds of all health professionals have left the country; domestic production of medicines has dropped by two-thirds and vaccination coverage rates have dropped by half."
Elizabeth Hoff, Representative, the World Health Organization

     
Focus On

Data Analysis of over 160,000 Fresh Loan Applications Reveals That over 35,000 NHS Nurses Forced to Rely on Payday Loans

LONDON--(BUSINESS WIRE)--Cashfloat.co.uk, a moral payday loan company based in London, has revealed shocking statistics about the financial hardships of NHS nurses. Over 35,000 NHS nurses forced to rely on payday loans – almost double 2013’s number.

“It is deeply worrying that so many nurses and other caregivers would require our services. We hope that by releasing this data it will draw attention to the hardships being faced by these undervalued and yet essential caregivers in our communities.”
Tweet this

Western Circle Ltd, a short-term lending company trading as Cashfloat, analysed the data from over 160,000 payday loan applications. They discovered that those employed in the health and social care sectors are most likely to apply for payday loans. Within this section, 19% were nurses, 18% carers, and 11% were health care assistants.

The disproportionately large use of payday loans in the nursing sector is a clear sign that something is seriously wrong. The Cashfloat team pride themselves on truly caring for their customers. This prompted them to take action and publish these results, aiming to draw attention to the plight of NHS nurses. These nurses are an essential part of society, often going above and beyond to help the public. If nurses are earning so little that any unexpected expense requires a payday loan to cover it, something must be done about it.
The NHS pay rise cap had many critics when it was first introduced, and it seems that as a result, NHS nurses are struggling financially now more than ever before. Jeremy Lloyd, director at Cashfloat, says, “It is deeply worrying that so many nurses and other caregivers would require our services. We hope that by releasing this data it will draw attention to the hardships being faced by these undervalued and yet essential caregivers in our communities.”

As a responsible payday lender, Cashfloat is in a unique position to gather information and statistics about the financial state of the different sectors of society. Read the full article, including many more statistics, here.

Source: Business Wire

Industry News
Only 3 percent of Nigerians have healthcare coverage – NHIS
The National Health Insurance Scheme (NHIS) have expressed sadness over its inability to have majority of Nigerians covered under its healthcare policy, eleven years after its inception.


Syria Health Services 'Devastated' by Conflict
Top United Nations aid officials warned Monday that health care services in Syria have been devastated by bombings and the nearly six-year-old conflict.


New UN Health Agency Guidelines Aim to Stop Surgical Infections and Arrest Spread of 'Superbugs'
Warning that millions of people die every year from preventable surgical infections, particularly in developing countries, the World Health Organization (WHO) issued new guidelines today on tackling hospital-acquired infections with the aim of saving lives, cutting costs and arresting the spread of 'superbugs.'


Hidden Costs of Healthcare in France
A new study reveals the extent to which patients are directly responsible for the costs of their health-care. Although France has a universal system of public health care, financing of the system is not entirely from public funds.


Measles Control & Eradication Efforts Fall Short of 2015 WHA Goals
An analysis published in the Centers for Disease Control and Prevention’s (CDC) Morbidity and Mortality Weekly Report (MMWR) suggests that the world healthcare community has made significant strides in addressing the public health implications for measles in children, but that there is still significant work that needs to be accomplished.

Apollo plans to extend its healthcare services to North-East
Apollo Hospitals, one of the country's largest healthcare groups has planned to expand over the next couple of years, for which it has plans to invest 1400 crore INR. Prathap C Reddy, Chairman, Apollo Hospitals, confirmed to the reporters that it has lined up an investment of 1400 crore INR over next couple of years to make opening of new hospitals and expansion of existing healthcare centres.

Pricing pressure on Indian drug companies to continue
Indian pharmaceutical industry will face pricing pressure in the US and domestic markets for some more time to come and the players have to focus their research and development on speciality/complex drugs, said global credit rating agency Fitch Ratings.

North Korea promotes suicide as means for survival
The elderly in North Korea are facing extreme neglect from their children and the government due to their inability to work and provide for themselves. According to an article posted on upi.com titled, "North Korea families pressure elderly to commit suicide,” there are some people in North Korea who can no longer rely on the country’s welfare system and they are now relying on their children to supply care for them.

"Sugar tax" key to tackling obesity epidemic: Australian doctors
A coalition of Australia's most respected doctors' groups called for a tax on sugar on Friday. They claim obesity, which is often brought on by excessive sugar consumption, is the most pressing public health issue in Australia.

Blogs
The UK Healthcare Industry: How to Fight 2017's Biggest Challenges
Business World, November 4, 2016

Equitable healthcare needs political will to make it a reality
I
ndia Times, October 21, 2016

Tweets

WHO Downgrades Zika: 'No Longer an Emergency'

Church Militant, https://twitter.com/Church_Militant, November 21, 2016


Video
Health Policy through 2020: International Health

Health Policy through 2020: International Health

Stanford Health Policy's Grant Miller, Marcella Alsan and Eran Bendavid discuss challenges and innovations in global health over the next few years.


Focus On

Fraser Institute News Release: Canada's health-care wait times hit 20 weeks in 2016 -- longest ever recorded

VANCOUVER, ON--(Marketwired - November 23, 2016) -Canadian patients waited longer than ever this year for medical treatment, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

The study, an annual survey of physicians from across Canada, reports a median wait time of 20 weeks-the longest ever recorded-and more than double the 9.3 weeks Canadians waited in 1993, when the Fraser Institute began tracking wait times for medically necessary elective treatments.

Before this year, the longest recorded median wait time was 19 weeks in 2011.

"Excessively long wait times remain a defining characteristic of Canada's health-care system, but this year is the longest we've ever seen and that should trouble all Canadians," said Bacchus Barua, senior economist for health-care studies at the Fraser Institute and co-author of Waiting Your Turn: Wait Times for Health Care in Canada, 2016.

The study examines the total wait time faced by patients across 12 medical specialties from referral by a general practitioner (i.e. family doctor) to consultation with a specialist, to when the patient ultimately receives treatment.

Among the provinces, Ontario recorded the shortest wait time at 15.6 weeks-up from 14.2 weeks in 2015. New Brunswick recorded the longest wait time (38.8 weeks) in Canada.

For the fourth year in a row, British Columbia recorded an increase in wait times with the median now sitting at 25.2 weeks-the longest ever measured in the province.

Among the various specialties, national wait times were longest for neurosurgery (46.9 weeks) and shortest for medical oncology (3.7 weeks).

It's estimated that Canadians are currently waiting for nearly one million medically necessary procedures. Crucially, physicians report that their patients are waiting more than three weeks longer for treatment (after seeing a specialist) than what they consider to be clinically reasonable.

"Long wait times aren't simply minor inconveniences, they can result in increased suffering for patients, lost productivity at work, a decreased quality of life, and in the worst cases, disability or death," Barua said.
"The experiences of other countries prove that long waits for treatment aren't a necessary by-product of a universal health-care system. It's time for policymakers to consider reforming the outdated policies that contribute to long wait times in Canada."

Source: Business Wire

MCOLGlobal Web Site

Home | Member Only | Membership Information | Membership Order Form | Help | MCOL

MCOL - Positioning you for change in health care
1101 Standiford Ave., Suite C-3
Modesto, CA 95350
www.mcol.com

 


MCOL respects your privacy.
Please read our online Privacy Policy.