Procurement Session 2: The Increasing Role of Social Security in Reimbursement Cuts
Information
Challenge:
The growing influence of social security/Healthcare Insurer on reimbursements
Core Questions/Content:
What does this mean for medical industry, investors and strategic procurement management at hospitals and outpatient clinics?
More than 90% of European healthcare is financed by state-organized social security.
After Covid, where spending rose massively, there is now a kind of emergency brake being applied across Europe.
France expects a structural deficit of €40 billion by the end of 2027. Social security has sparked a debate about whether the excessive profits of the medical industry should be regulated by the state.
In Germany, Europe's largest healthcare market, which is already a pioneer in government intervention in reimbursement, hospitals are going bankrupt in droves. In addition, savings of €4 billion were decided overnight last fall. Other countries such as Italy, Switzerland, Spain, Portugal, and Slovenia are taking similar measures.
