Newsletter 191 - The European Fund for Strategic Investments

Health-EU Newsletter 191 - Focus

Designing strategic investments for the future of healthcare

On 27 February 2017, the Commission, in cooperation with the European Investment Bank (EIB), held a seminar to discuss new forms of investment for innovative forms of healthcare.
The event promoted the European Fund for Strategic Investments (EFSI), under the Investment Plan for Europe, as an effective financial instrument to support reforms in European health systems.
Over 100 delegates participated in the event, from the public and private sectors: Member States authorities, healthcare managers and service providers, as well as investors active or interested in the health sector.

Sylvain Giraud, Head of Unit, Performance of National Health Systems (DG SANTE), tells us more about this initiative:

Why are 'strategic investments' important for the future of healthcare?

Investments in health have traditionally focused on infrastructure and medical equipment. But today health systems need to transition to new and more integrated care models – this requires substantial wide-scope and sustained investment.

We wanted to gather in one place all relevant stakeholders in healthcare in Europe so that they could exchange on issues such as the Investment Plan and plant the seeds for further collaboration.

What type of investments would bring added value?

We need financing in a range of areas such as adapted facilities, service re-organisation, new governance models, workforce skills, IT systems and new technologies. However, due to fund specialisation, few financing schemes, if any at all, are investing in all these elements together. The challenge is to access and blend financing components from different sources in a strategic way. The public and private sectors should collaborate to co-invest and co-deliver transformed health services.

How is the European Fund for Strategic Investments (EFSI) facilitating these investments?

EFSI offers guaranteed financing products via the European Investment Bank, absorbing part of the risk and encouraging investment in health areas that are challenging, high-risk, or facing a sub-optimal market situation.