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Organisation for Economic Co-operation and Development (OECD) favours the market in health provision

This article was originally published in Clinica

Executive Summary

A greater reliance on market mechanisms is the most effective way to increase the efficiency of healthcare delivery in developed countries, according to the Organisation for Economic Co-operation and Development. In "Healthcare Reform - Controlling Spending and Increasing Efficiency", the OECD argues that "the key to improving efficiency - at least in the hospital sector - lies in improving incentives through a better market structure and contract relations between payers (insurers) and providers".

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