Health Headlines - May 2011
Are we fit to face the future
Since our last edition a lot has happened both in and out of the health sector. Still in the forefront of many people’s minds is the second Christchurch earthquake and the devastation it has caused. The cleanup and reconstruction costs of Christchurch compounds an already fragile Government fiscal position and could potentially have a negative impact on the level of health funding that is received in the May 19th budget. Over the last month there have been various articles in the media discussing how and if key frontline services will receive further funding in this month’s budget.
A popular view is that any extra funding for the key sectors such as Health and Education will have to come from cuts to other government department budgets. A way the government may look to make potential savings is to merge crown entities such as the Health Research Council and the Science Board in a bid to reduce overheads. Deloitte will be keeping a close eye on how this year’s budget affects the health sector and cover the key announcements in the next issue of health headlines.
In other news we are pleased to announce that the Kennedy information services have recently published their Healthcare Consulting Marketplace 2010-2013: Key Trends, Profiles and Forecasts report and ranks Deloitte #1 by revenue in global healthcare consulting. The four segments that were profiled included government health, life sciences, payer and provider.
In this issue of health headlines we look at:
- Directors’ Alert: 11 Issues for 2011 – Ever-increasing demands – The second annual Deloitte directors publication.
- Social networking: The sermo success – A follow up to our December social networking article.
- Private health care: The prognosis for growth – How private health care providers are responding and adapting to the changing health care markets in the Asia Pacific region.