The goal of the Health Movement is to develop a dynamic ecosystem of community actors and service providers to prevent chronic diseases by aiding individuals to a healthy life style. The impact is lowering the risk of developing lifestyle related chronic diseases and decreasing health care costs with preventive interventions.
The Health Movement has received funding from EIT Health to carry out a Project, lead by RISE Research Institutes of Sweden, running for two years with start in January 2017. The first application area and focus of the project is to prevent diabetes type 2. The project will use the financial model social impact bond to attract social investors into the health system, with goal of setting up a social impact bond to prevent diabetes type 2 in Stockholm, Sweden. Other participating countries are Spain, UK, Netherlands and Hungary. Investigation and preparation for a social impact bond will be prepared in these countries. Essential in the impact bond structure is the measurability of outcomes which will be explored in the development of a health index that will measure population health over time. During 2018, the system will be trialed in a study in Stockholm. Read more about the Project >>
Europe is facing an increasing challenge with age-dependent lifestyle related chronic diseases, also known as noncommunicable diseases (NCDs). The purpose of the Health Movement is to prevent NCDs from emerging, and increase quality of life for individuals that are already sick. NCDs are not passed from person to person and they are of long duration and generally slow progression. By promoting a healthy living, many of these diseases can be prevented, but there is a need of supportive Environments and access to…
A Health Impact Bond (HIB) is one type of a Social Impact Bond, which is a pay for success contract between the government and Investors to provide improved social or economic outcomes. Investment is raised to pay for a range of interventions provided by public sector services that will improve these outcomes. If the outcomes improve, investors receive their initial investment plus a financial return. The financial return is a fraction of the savings made by the public sector in contracting the service provider.
The Health Index will provide possibilities for population health analytics and more importantly govern the financing of preventive interventions. The aim of the index is to demonstrate how health varies over time for the population and will be the baseline for the financials. It is the base for the reimbursement system (Health Impact Bond) as a defined Health index for a population can be procured with a current value and a value of reaching the target.