DPM Heng Swee Keat reiterated the importance of innovation to help the nation overcome the “Iron Triangle” of healthcare – cost, accessibility and quality. He was addressing the attendees of CHI Innovate 2022 via a recorded speech to open the annual flagship conference for the Centre for Healthcare Innovation (CHI).
Heng Swee Keat is the Deputy Prime Minister and Coordinating Minister for Economic Policies.
Noting that innovation is key to overcoming the “iron triangle” of cost, accessibility and quality of healthcare, DPM Heng said that just as important as research and innovation is the translation of innovation into impact – which corresponded with the theme for this year’s CHI Innovate: “The Road from Innovation to Impact”.
DPM shared three ways of achieving greater impact in healthcare innovation.
- Innovation at the systems level
- Innovation in the use of technology
- Fostering an innovative workplace culture
Check out the details of DPM Heng’s speech from the script below.
