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With the 2030 SDGs Looming, the Public and Private Sectors Team Up for Global Health
Global health funding is no longer the sole purview of local governments and international donors. Despite large contributions (nearly $8 trillion in 2013) from traditional donors, there is still a critical funding gap of $2.5 trillion annually – in developing countries alone – to achieve the U.N.'s 2030 Sustainable Development Goals. Fortunately, public and private actors are teaming up to close that gap. Rachel Fowler of USAID discusses some intriguing examples, including a first-of-its-kind development impact bond aiming to reduce maternal and newborn deaths in Rajasthan, India.
- Categories
- Health Care, Investing
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USAID Announces A New Development Impact Bond
Launched Thursday, the Utkrisht Impact Bond, named for the Hindi expression for excellence, will fund maternal and newborn health in the Indian state of Rajasthan. DIBs are results-based contracts, in which investors — in this case UBS Optimus Foundation, a grantmaking organization focused on improving the lives of children — provide financing for social programs upfront.
- Categories
- Health Care, Investing
- Region
- South Asia
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How USAID is Capitalizing on New Trends in Development Finance by Attracting Impact Investors
As the funding landscape for global health evolves, new financing models for the development and commercialization of medicines and diagnostics are needed. Priya Sharma of USAID's Center for Accelerating Innovation and Impact discusses the agency's forays into impact investing, and its recent report, “Investing for Impact: Capitalizing on the emerging landscape for global health financing” in this Q&A.
- Categories
- Health Care, Investing
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The Complex Truth of Health Tech: Why Greater Ultrasound Availability Doesn’t Always Benefit Patients
Advances in health technologies have reshaped the lives of communities, families and individuals, undoubtedly contributing to better health outcomes around the world. Yet, despite their potential, new technologies can also add new challenges, risking potential gains in quality, safety or cost. Nowhere is this more evident than in the rapid spread of ultrasound devices, which according to representatives of the NGO Management Sciences for Health, carry a potentially significant downside.
- Categories
- Health Care, Technology
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The low-cost device saving newborns in India
Birth asphyxia – lack of oxygen – is the cause of 20% of newborn deaths in India. A simple piece of equipment is helping revive babies and prevent long-term damage.
- Categories
- Health Care, Technology
- Region
- South Asia
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Exclusive: Documents reveal largest USAID health project in trouble
Between Jan. 1 and March 31, 2017, only 7 percent of the health commodity shipments delivered through the GHSC-PSM project arrived at their destination “on time and in full” — a common metric for measuring the performance of a supply chain.
- Categories
- Health Care
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ARM backs Simprints $2.45m funding boost to prevent maternal and child deaths
After a rigorous review by global health experts, Cambridge startup Simprints was chosen among 15 of the world’s most promising ideas to save lives at birth in developing countries, edging out over 550 other applicants to secure millions in new funding to develop and refine its innovations.
- Categories
- Health Care, Technology
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South Africa: Could Better Health for Your Baby Come in a Cardboard Box?
Almost 40% of pregnant women in South Africa's public health sector go for their first check-up only after their 20th week of pregnancy, figures from the Health Systems Trust's 2015/2016 District Health Barometer show.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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