Tackling Wasteful Spending on Health: How Health Living Labs Are Making a Difference

Date: 13.02.2025
According to the OECD report โ€œTackling Wasteful Spending on Healthโ€*, inefficiencies, unnecessary procedures, and poor coordination are driving up costs without improving patient outcomes. How Can We Reduce Healthcare Waste? โ€“ Better Resource Allocation โ€“ Living Labs help identify where funds and efforts can be optimized to improve care. โ€“ Digital Transformation โ€“ AI-driven diagnostics, telemedicine, and patient-centred platforms reduce redundancies. โ€“ Patient & Provider Collaboration โ€“ Engaging stakeholders in solution development ensures real needs are met and inefficiencies are minimized. โ€“ Value-Based Healthcare (VBHC) โ€“ Shifting from service volume to measurable patient outcomes helps eliminate unnecessary treatments and hospital readmissions. More on: https://www.oecd.org/en/publications/tackling-wasteful-spending-on-health_9789264266414-en.html