Good medicine for public-private healthcare

The need to access capital and for private sector skills to deliver better value in healthcare are driving the development of a broader public/private healthcare industry, working with the public sector to deliver sustainable investment in healthcare services, writes Andrew Chan Yik Hong, a PricewaterhouseCoopers executive director in corporate finance leading its infrastructure, government and utilities practices in Malaysia, Thailand, Vietnam, Cambodia and Laos.

There is growing evidence that the current health systems of nations around the world will be unsustainable if left unchanged. Globally and in Vietnam, healthcare is threatened by a confluence of powerful trends – increasing demand, rising costs, uneven quality and misaligned incentives. If ignored, they will overwhelm health systems, creating massive financial burdens for individual countries and devastating health problems for the individuals who live in them.