Raising Money for Global Health: Trends and Outlooks By Dr. Nandakumar, Chief Economist, Global Health Bureau
We are embarking on a new era in financing for health, one that departs from our traditional approaches and begs for innovative thinking and greater commitment from partner countries. Responding to the health needs of soaring populations in the face of rising health costs requires financing models that can do more with less. The U.S. Agency for International Development (USAID) is looking toward financing that draws in a greater mix of sources of financial resources to reduce costs, improve access to patient-centric quality care and provide sustainable solutions.
Through innovative financing in India for example, for every dollar spent by USAID, we are leveraging between $3 and $5 from the private and philanthropic sectors and unlocking as much as $10 of government resources. This is critical in a country where 3 out of 10 people live below the poverty line. And, it is this type of financing that allows our dollars to go further. Eliminating tuberculosis and improving reproductive, maternal, newborn, infant, child, and adolescent health in India can reduce between 20 percent and 25 percent of the world’s tuberculosis and reproductive, maternal, newborn, infant, and child deaths around the world.
Our work going forward requires technical expertise and more frequent dialogue between governments, bilateral and multilateral organizations about newer approaches to financing health. We are committed to creating high impact financing to reduce dependence on external assistance, increase domestic spending on health, foster market based solutions and improve efficiency and equity of the use of resources in our partner countries. In this edition of the GH Newsletter, we hope you will learn more and be inspired by the direction we are moving with our partner countries to finance the world’s most urgent health needs.
Investing for Impact: Capitalizing on the Emerging Landscape for Global Health Financing
USAID’s Center for Accelerating Innovation and Impact’s (CII’s) new report, Investing for Impact, examines trends in development finance and highlights ways in which USAID is leveraging private investment and applying non-traditional approaches to finance the achievement of our goals in global health. View the full story.
Making Health More Affordable in Senegal
Find out why for just $6 a year, nearly 600 families in a village in Senegal were covered for 80 percent of their health costs and how community-based programs like “Mutuelles” are making health services more accessible and affordable to more people. View the full story.
Financing Alliance for Health
The Financing Alliance for Health is a collection of stakeholders (including UNICEF, the government of Ethiopia, USAID, Last Mile Health, Partners in Health, The Clinton Health Access Initiative, Harvard, Hopkins, among others.) with the collective expertise to support governments and their partners (including the private sector) to develop sustainable financing models to strengthen community health as a part of integrated health systems. View the full story.
Lulama: Innovative Finance Partnership Aims to Strengthen Local Pharmacies at Last Mile
USAID's Center for Accelerating Innovation and Impact (CII), as part of its broader collaboration with GlaxoSmithKline (GSK), partnered with Absa Bank, Aspen Pharmacare, GSK, Imperial Health Sciences, and Pfizer to create Lulama [PDF, 109KB], an innovative financing model that provides independent pharmacies in underserved areas in South Africa with access to working capital by improving their access to loans. Learn more.
Q&A with Dr. Allyala Nandakumar, Chief Economist, USAID’s Bureau for Global Health
Dr. Allyala Nandakumar, Chief Economist at USAID’s Bureau for Global Health, explains USAID’s vision for financing global health and supporting partner countries in their quest for more resources to improve access to patient-centric and quality healthcare. Learn about one attempt in India to lowering out-of-pocket costs and making healthcare more affordable and accessible. View the full interview.
GLOBAL HEALTH VOICES
PODCAST –"Investing for Impact Report"
Listen to a podcast conversation with Joe Wilson, USAID CII's Senior Advisor on Innovative Finance and Priya Sharma, USAID CII's Senior Advisor on Policy and Innovative Finance.
HIGHLIGHTS AND LOOK AHEAD
International AIDS Society Conference
The 9th International AIDS Society Conference on HIV Science, held in Paris this July, presented exciting science on prevention and treatment, with a critical focus on addressing the needs of key populations, including those who are most vulnerable to the epidemic. USAID’s Senior HIV/AIDS Advisor for Key Populations, Cameron Wolfe, participated in the session ”#DoingTheRightThing – Addressing Stigma and Discrimination among Key Populations in Healthcare Settings.” View the full story.
USAID Hosts Seventh Annual DevelopmentXChange and Announces Round 7 Award Nominees of the Saving Lives at Birth Grand Challenge for Development
The 2017 annual DevelopmentXChange took place the week of July 24 in the Ronald Reagan Building in the nation's capital. This seventh annual, 2-day event brought together problem solvers and innovators from around the world to develop and scale transformational solutions for improving maternal and newborn survival in poor, hard-to-reach communities around the world. View the full story.
Partnering With American Innovators to Save Lives
Read how USAID partners with American innovators through Saving Lives at Birth: A Grand Challenge for Development (SL@B). SL@B calls on the brightest minds across the globe to identify and scale up transformative prevention and treatment approaches for pregnant women and newborns around the time of birth. Read about our work with innovators from universities, start-up companies, hospitals, and more. View the full story.
Malawi National Community Health Strategy
On July 18th, the Malawi Ministry of Health launched its first National Community Health Strategy (NCHS). The Malawi Ministry of Health led the development of the strategy and implementation plan, with support from key partners, including Aspen Management Partnership for Health (AMP Health), Dalberg Global Development Advisors, Save the Children, UNICEF, USAID's Center for Accelerating Innovation and Impact (CII), and USAID/Malawi. Over its 5-year implementation, the NCHS will contribute in reducing under-5 mortality by 25 percent and maternal mortality by 20 percent, yielding a 5 to 1 return on investments.
Positive Youth Development Webinar for Program Managers and Practitioners
There are 1.8 billion young people under age 30 in the world, 1.5 billion of whom are in developing countries. In some countries, more than 50 percent of the population is under 30 (e.g., 77 percent in Uganda). Positive Youth Development is a philosophy and an evidence-based approach that is supported by a field of social science research and has proven results across multiple sectors. On August 10th, USAID YouthCorp will host a free, 90-minute webinar for anyone working in development with youth in order to build capacity to better understand the opportunities and support young people's desire and need to thrive. To register, please complete the registration form by COB August 7th.
2017 World Breastfeeding Week USAID Webinar Series
World Breastfeeding Week (WBW) is an annual, global celebration, organized by World Alliance for Breastfeeding Action in collaboration with WHO and UNICEF, to encourage breastfeeding to improve the lives of mothers, children, and families around the world. Guided by this year's World Breastfeeding Week theme, "Sustaining breastfeeding together," USAID and their implementing partners from various sectors will host a WBW Webinar Series to discuss efforts being made by governments and USAID and their implementing partners to improve breastfeeding practices around the world. View all of the details.
USAID GH Media Mentions July 2017
Now Hear This: Perspectives on HIV podcasts from MEASURE Evaluation
AIDS Journal Supplement: Achieving 902: Young people, HIV testing services and linkage to treatment.
The Side Effect of that New Malaria Drug? American Jobs featuring Saving lives at Birth, from NPR Goats & Soda
It Is Time to Rethink Business School Case Studies for Millennials featuring the Center for Accelerating Innovation and Impact