GAP Solutions is committed to Sustainable Financing of Healthcare Preparedness. Our subject matter experts perform economic analysis of healthcare preparedness with the purpose of demonstrating how economic principles are applied to the experience of a regional, centralized emergency response team in an effort to evaluate financial models for preparedness activities.
Economic analysis can develop and implement sustainable models for healthcare preparedness activities and help justify the use of public funds for these efforts. Our work uses cost-benefit analysis to investigate investments in a local, volunteer medical response team produced a positive return on preparedness. Findings from this analysis helped develop a risk-based financing membership model supporting regional sustainable preparedness activities. Community willingness and ability for pay for preparedness are evaluated during the process. Stakeholder focus groups were employed to better understand the background of, among factors, healthcare coalition roles and responsibilities. GAP Solutions field associates deployed to gather necessary information and data for the study.
GAP Solutions’ leadership of this project resulted in full scale, peer review study including risk based insurance and other sustainable financing mechanisms. Study results were submitted to the Disaster Medicine and Public Health Preparedness in early October 2014.