On the 9 July, we held our third oral evidence session for the ILC-UK Health and Wellbeing Innovation Commission Inquiry, supported by Audley Goup and EY.
This Commission Inquiry convened leading industry, academic, policy and political partners investigating the potential for innovation in ageing across the UK. Our third session was focused on physical and mental health.
There is an appetite amongst policy makers to find out ‘what works’ in terms of health innovation, and how good ideas can diffuse across health and social care. We believe this Commission Inquiry can achieve meaningful change and identify much-needed solutions in light of population ageing.
Structure of the Commission Inquiry
This major Commission Inquiry has build on our previous work and operated on an Inquiry format, gathering oral evidence in Commission Inquiry sessions. While the potential for innovation to ‘disrupt’ ageing is widely acknowledged, so far we have failed to assess and systematically explore the role of innovation across the ageing pathway.
To address this, we will hold four sessions on the following themes:
- Retirement communities and care homes – Monday 21 May
- The built environment including transport, planning and design – Wednesday 30 May
- Physical and mental health – Monday 9 July
- Social connections including isolation and loneliness – Thursday 12 July
Background to the Commission Inquiry
Our first report, Creating a Sustainable 21st Century Healthcare System, argued that the NHS should be supported to continue to invest in innovation in order to save more money in the long-term. It identified a number of promising global innovations and addressed the reasons why some innovations succeed and some fail to live up to expectations.
Our second report, Towards Affordable Healthcare: Why effective innovation is key, calculated theoretical cost savings if selected innovations were scaled-up and applied across England. It also pressed home the need for effective innovation, showing that if action is not taken now, health spending as a percentage of GDP will increase to unsustainable levels in the future.