Invest4Health
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INVEST4HEALTH, A NEW HORIZON EUROPE PROJECT TO MOBILISE NOVEL FINANCE MODELS FOR HEALTH PROMOTION AND DISEASE PREVENTION
Description
The Invest4Health Horizon Europe (I4H) project was officially launched in January 2023.
The Invest4Health project
The capacity of governments to allocate additional funding for health and social care has been diminishing for some time: however, budgets are pitched to citizens. Our response is that it is better to pre-empt rather than repair i.e., to prioritize preventative measures rather than reactive ones, and to incentivize new methods of financing health promotion and disease prevention. The financing solution we offer is Smart Capacitating Investment (SCI) which aims to provide sustainable funding for preventative health measures.
Main actions
Main actions of this project include introducing and explaining Smart Capacitating Investment using available evidence, ensuring that organizations in regions are ready to try it out, testing business models that are compatible with SCI to identify the most effective financing methods, and finally building a collaborative platform to govern SCI in health promotion and prevention.
Using an interdisciplinary approach, ideas will be implemented and evaluated in 4 regional testbeds in different countries. Feedback from citizens and local communities will also be gathered to inform further development of the models and tools. In addition, an open call will be launched to attract a second group of regions to test and provide feedback on the effectiveness of the proposed models and tools.
The partners will work with health care decision-makers and policymakers, health insurers and other funders, public authorities & civil society, citizens and patients, as well as industry. The goal is to achieve a paradigm shift by developing and testing models, alternative governance mechanisms and tools/methods together with stakeholder groups that will facilitate the use of SCI in health promotion and prevention.
What the project aims to achieve in the long run is getting the resources in place to deliver the right intervention/service to the right population/group/individual at the right time.
The project manager, Jolanda van Vliet from Region Skåne, Sweden highlighted:
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