Meanwhile another article talks about how a third of adults around the world are estimated to have multiple chronic diseases, and that chronic disease regularly affects more than 50% of adults in developed countries.
That means that most of us reading this article can expect to develop at least one chronic condition if we haven’t already. As such, the ability of healthcare to meet our collective needs has likely never felt more personally relevant.
What else we've been reading
A life lived well can be a life saved
Social Determinants of Health, or SDoH, are swiftly becoming a core consideration in the running of healthcare systems. They refer to the myriad factors of patients’ lives – their occupation, education, birthplace, habits, culture, etc. – and have increasingly been recognised by health system researchers as key drivers of patient outcomes.
This article by ZS Associates takes a deep dive into what SDoH are, as well as the surprisingly significant effect they can have – citing that between 60-80% of health outcomes can be out of the control of a direct health provider (e.g., a hospital), and instead down to these wider determinants.
To describe these drivers as previously unrecognised would be unfair – after all, it’s old news that a patient’s background and history can influence their health. The degree to which these determinants play their part, however, should be a big eye-opener for anyone in the life sciences and healthcare industries.
Furthermore, both industries should be actively investing in understanding what these drivers are – to look at how they are relevant to different therapy areas, and how delivered interventions can meet the varied needs of their patients. Ultimately, to ensure they maximise delivered health outcomes.
Is healthcare the key to European prosperity?
We came across this extensive report from McKinsey, which breaks down in detail how sustained investment in European healthcare is critical to Europe’s prosperity. This is probably something you could say about most geographies, not to mention this is a life sciences editorial not a politics one – so why does this analysis matter?
The article speaks about the potential upsides of investment in preventative care in terms of mitigating the explosion of health spending - citing a potential 30% reduced health burden through investment in preventative care, and 11 million more lives saved by 2040.
The report is just one part of a massive tapestry of writing on the wall. As the article points out, a number of the key health challenges and risks to healthcare systems’ financial viability won’t be solved exclusively by treatments, but rather by services and wrap-around services that help healthcare systems deliver lasting care for their patients.
If you have any feedback, or want to hear more about anything mentioned in this article, please don’t hesitate to get in touch!