Future Trajectories of Healthcare:
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The Future Trajectories of Healthcare study by Vertical looks at the major transformations the healthcare system is facing and explores the key changes that will need to be made to continue to have a well-functioning healthcare system in the future.

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The healthcare system has seen dynamic, transformative shifts in the past years. The area’s key stakeholders have developed their strategies of digitalisation and procedural change. As the healthcare industry as a whole is becoming increasingly scrutinous of outcomes, and digital transformation enables a broader understanding of patient treatment and wellbeing, these stakeholders are moving to value-based partnerships.

In order to keep up with the major transformations facing the healthcare industry, stakeholders in all areas must take action in these three key areas. These changes are described in brief in this document; see the full report, “Future Trajectories of Healthcare”, for deeper information and for insights from health industry experts.

Main focus areas of the study

01

Validate the “value” in value-based healthcare

The move towards value-based care is central for innovators. What is the status of value-based care in Finland, and who is responsible for it in the healthcare system?

02

Harmonize digitalization efforts within the healthcare system

Fragmentation of digital channels is becoming a roadblock. Is it plausible to coordinate a collaborative environment for delivering digital services?

03

Drive innovation through collaboration

Technological developments occur rapidly and challenges are becoming increasingly complex. Can more transparent collaboration provide tools for improving digitalization and access to healthcare?

How to transform
for the future

01

We need to validate the “value” in value-based healthcare

Value-based healthcare is a healthcare system framework enabling more value creation for the patient.

Value equals the improvement in a patient’s health outcomes for the cost of achieving that improvement.

Value-based healthcare opposes other (more widely adopted) frameworks where healthcare providers are paid for the volume of delivered services.

What needs to happen to accelerate the transformation to value-based care?

National metrics for assessing the impact of value-based treatment must be developed and taken into use.
Procurement practises must be developed from being based on cost reduction to more strongly focus on value.
Healthcare regions must be financially incentivised based on value-based treatment results.
A public reimbursement system for digital health solutions must be introduced.
A way to catalog digital treatment options must be developed to reduce fragmentation.

02

We need to harmonize digitalization efforts within the healthcare system

By digital treatment, we refer both to the treatment journeys, as well as the healthcare IT and technologies enabling the creation of a digital dimension to care, and the coordination of it.

Digital solutions are a key factor in the transformation towards value-based care.

What needs to happen in order to increase the viability of digital treatment?

Harmonised interfaces for digital treatment solutions must be developed to improve the scaling of digital solutions across healthcare regions and systems.
A strong focus must be on making it possible for evidence-based digital treatment to be an alternative to traditional treatment, not only an addition.
Giving, managing, and revoking consent for the use of healthcare data must be made easy for citizens.
Collaboration between healthcare professionals, healthcare organizations, patients and solution developers must be improved to further the holistic understanding of treatment chains and needs.

03

We need to drive innovation through collaboration

Identifying ways to build purposeful and genuine collaboration between public and private organisations, based on mutual benefit and goals, is central to the success of improved care.

How can we more effectively drive innovation through collaboration?

Ways of working in both public and private organisations need to be adapted to allow for faster response to changing user needs, market realities, and requirements.
To prioritise critical challenges to solve and plan the solutions most effectively, public, and private organisations need to collaborate closely and transparently.
Procurement practises must be developed to support long-term value creation and enable systematic collaboration over longer time spans between the public and private sectors.

Interested to read the full Future Trajectories of Healthcare report?

The Future Trajectories of Healthcare study is currently available to selected stakeholders in the healthcare ecosystem, such as government personnel and healthcare providers, and will be available to a wider audience in the near future.

To receive the report, please enter your contact details below. We’ll send it as soon as it becomes available to stakeholders in your category.

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Please get in touch with Kenneth Salonius if you should have any questions or if you need more details.

Kenneth Salonius

Strategy | Collaboration | Sales

kenneth@vertical.vc
+358 50 517 2348