A big shift in Canadian healthcare creates opportunities for Swedish companies. Join Business Sweden to discuss opportunities on the Canadian market and how Swedish knowledge and technologies can successfully make a difference for the health care system in Canada.
The Canadian healthcare system is designed on the principle that healthcare is a social good and that all residents should have equal access to appropriate medical care. Canada out-spends most of its peers in terms of healthcare investments but this has not necessarily translated into better results for Canadians’ health.
Over the last 10 years, the predominant driver of healthcare spending in Canada has been labor cost. Compensation of healthcare workers in hospitals has outpaced compensation in non-health sectors but new technologies can increase productivity and reduce labor-associated costs. Good examples of these types of innovations are modern health-IT technologies that reduce or eliminate the need for administrators and other healthcare professionals. Canada is however lagging behind in adapting to these technologies.
Canada is now pursuing two common strategies to help address the growing strains on existing health systems:
- Community-based healthcare: Decentralizing health care by moving care out of resource-intensive institutions (such as hospitals), and into models of care delivery and even self-management in the home and community
- Connected healthcare: Using healthcare information technologies and processes to connect all parts of a healthcare delivery system, seamlessly, so that critical health information is available when and where it is needed
Business Sweden can offer support for Swedish companies in their internationalization process in many different, highly customizable ways. Ranging from stakeholder mapping and partner searches to market analysis we can facilitate both market entry and expansion on current markets.
For more information and registration, please contact Lydia Engholm or Jacob Pettersson.