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“A colleague turned to me and asked, ‘Can you really wait that long?’ I replied, ‘I honestly don’t think I can.’
Reflecting on his response, he believes it was a pivotal moment that likely saved his life.
According to a recent report by healthcare consultancy HTAnalysts, patients in Australia face an average wait of 4.7 years for the approval of clinically proven, life-saving technologies.
The report emphasizes that for Australia to keep pace with leading nations like the US and Germany, it needs to reform its approval processes. This includes streamlining procedures, exploring alternative funding options, and enhancing transparency.
Furthermore, the report urges the Australian government to set clear performance targets for the reimbursement process.
“So those systems I think are very good and are designed with the right intent. We just need a more efficient pathway of new technologies and devices to be able to be approved quicker.”