The key to sustaining the financial viability of any health reform initiative
A health reform initiative must have a sustainable financing structure for its viability. The World Health Organization provides that health financing revolves around the allocation, mobilization, and accumulation of funds intending to finance the health care needs of people both individually and collectively.
The Key to sustaining the financial sustainability of a health reform initiative is to enhance the value of the resources that already exist. It involves increasing the efficiency of already existing systems and ensure they operate at the optimum level hence maximum output with reasonable input financially. However, care must be taken to avoid overstretching the already existing resources during the process of increasing their efficiency as it may lead to collapse of the entire health initiative.
Health care systems often waste resources in the course of their operations. A health reform initiative comes into place to remedy this amongst other issues. The already existing resources that have been dedicated to healthcare, if utilized to their optimum, should help sustain the financial viability of the reform initiative. The initiative through increasing efficiency will have improved and increased the quality of healthcare that it provides without further financial input.
In the event that there is additional financial input as part of the reform agenda, the initiative should ensure that its benefits to the health care system are more than the costs involved in operationalizing and operating the additional investments (Thompson, & Foubister, et al, 2009). This will rely heavily on the fact that the initiative has ensured that the existing resources are efficient and they are optimum in their operations. The new investments with the additional fund will just mirror the already existing system that is productive. Hence, translate to sustaining the financial viability of the health reform initiative.
In conclusion, for a health reform initiative to sustain its financial viability, there must be maximum and efficient use of existing resources before more financing is injected. If efficiency is not achieved with already existing resources, even with further investment, the health care system will still underperform hence become unviable financially in the end.