This report analyses why greater innovation and productivity growth is necessary in the NHS, and the policies that could help this be achieved.
It goes on to assess how the NHS can drive productivity in the wider economy.
The NHS faces dramatic increases in demand, a consequence of demographic pressures and rising co-morbidities, whilst, at the same time, patients expect better care. Change must be achieved within a severely restricted budget, with £22bn of efficiencies needed over a five-year period.
Part of the answer lies in increasing the levels of spending in the NHS, which the government is promising. However, the other side of the coin is how this money is spent: here lies an equal if not larger challenge and opportunity.
Whilst Novartis funded this project, it has had no input on the content of the report.