Tackling the regulatory firewalls in European healthcare regulation
The healthcare industry faces an immense number of regulatory challenges in the European Union. Lengthy market authorization, individual price negotiations, reimbursement according to expert society’s treatment guidelines – all multiplied by 28 member states.
Finding a way to tackle such regulatory firewalls requires an in-depth understanding of the framework defining modern healthcare policies. On the one hand, cuts in public spending demand politically creative solutions for regulating the industry. On the other hand, patients and the public at large expect high quality, state of the art medical treatment. This quandary opens opportunities for healthcare companies to take part in the debate on how to achieve an innovative, patient-centric and yet affordable healthcare system.