“There are several market failures in health care that need to be addressed, one of which is access to capital. In the other sectors they have had intervention funds, they’ve ways of reducing the cost of capital and I think the health sector needs something of that nature. Either intervention funds or a market driven approach to reduce the cost of capital, it could even be by risks guarantee or other financial instruments,” he noted.
He also urged the government to create an enabling environment to attract private sector investments in healthcare delivery. “How do we as a country create the enabling environment to attract private sector investments in health care delivery and compliment what the government is doing? Also, how do we set the right policy framework to ensure that care is accessible to everyone, rich or poor?” he asked.
He said HLA was focused on building competencies in health care institutions so they can run the institutions profitably.
Source:MWN