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ilmeds
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Headlines

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Five principles for effective online professional learning | ACER Australia, 15 jul 2022
Customer Loyalty Is up for Grabs | CMSWIRE, 15 jul 2022
Need for reforms in the paramedical education in India | The Times of India, 15 jul 2022
World faces increasing risk of recession in next 12 months: IMF | DT Next, 15 jul 2022
Will India Meet the Same Fate as Sri Lanka's Economic Crisis in 2022? | Inventiva, 15 jul 2022
India still a long way from solving problems related to education, healthcare, nutrition: Narayana Murthy | Indian Express, 14 jul 2022
How India's smart city projects can make the most of drone technology? | Financial Express, 14 jul 2022
Time Management Tips for College-Bound High School Students | USNews, 14 jul 2022
Ransomware attacks surge in education sector | Cybersecurity Dive, 14 jul 2022
The Importance Of Affordable Healthcare: Getting To The Heart Of The Matter | Forbes, 14 jul 2022
Data dividend: How big tech will empower Europe's healthcare systems | Euronews, 14 jul 2022
What to know about the economy this week | World Economic Forum, 14 jul 2022
How to Design a Window Display? | ArchDaily, 14 jul 2022
Engineers need better tools to design spacecraft and robots more quickly | QUARTZ, 14 jul 2022
"Design practices must lead the way in rethinking capitalism to save the planet" | dezeen, 14 jul 2022
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How To Make Charitable Giving Easier At Your Company | Forbes, 14 jul 2022
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What is Corporate Social Responsibility (CSR) Trends for 2022 | IndiaCSR, 14 jul 2022
What is social intrapreneurship in the public sector and why is it crucial? | World Economic Forum, 14 jul 2022
How Creator Marketing Transcends Advertising to Drive Commerce | Talking Influence, 14 jul 2022
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No, the global economy is not breaking into geopolitical blocs | The Financial Times, 13 jul 2022
How Digital Nomadism Is Changing the Entrepreneurship Landscape | Entrepreneur, 13 jul 2022
What Can You Do When Cheaters Take Advantage of Charity? | The New York Times, 13 jul 2022
Digital marketing trends for 2022. | MIT Sloan School of Management, 13 jul 2022
Pitching India as an education hub | Deccan Herald, 12 jul 2022
New age entrepreneurs disrupting the agriculture ecosystem of India | APN News, 12 jul 2022
The Way We Work Has Changed. So Should Offices. | Bloomberg, 12 jul 2022
Residential Architecture Trends Show Continuing Pandemic Influences | Forbes, 12 jul 2022
Revealed! The three most impactful web design trends of 2022 so far | Creative Boom, 12 jul 2022
Bader: Soaring prices threaten charitable giving | Boston Herald, 12 jul 2022
How to Drive Sales and Consumer Engagement With Spatial Analytics | Consumer Good Technology, 11 jul 2022
Smart textiles sense how their users are moving | MIT News, 07 jul 2022
Is Your Sales Technology Recession Ready? | Forbes, 06 jul 2022
Post pandemic PR challenge - Building relationships from afar! | Exchange4Media, 05 jul 2022
Commerce media: The new force transforming advertising | McKinsey, 05 jul 2022
Planning to Join the Board of a Nonprofit? | Psychology Today, 02 jul 2022
Leveraging AI in the Indian healthcare system: Opportunities and challenges | Business Insider, 30 jun 2022
At The Intersection Of Philanthropy And Technology | Financial Advisor, 30 jun 2022
How volunteering helps your career goals and overall wellbeing | Fast Company, 29 jun 2022
Home Healthcare: The future of healthcare in India | eHealth Magazine, 28 jul 2022
How To Create An Effective SMB Marketing Strategy | Search Engine Journal, 28 jun 2022
Technology Adoption is the key to solving India’s challenge of access to a more equitable healthcare System | Financial Express, 27 jun 2022
Could technology and innovation in agriculture feed the world? | Open Access Government, 23 jun 2022
Career in branding | The Hindu, 18 jun 2022
How technology is shaping learning in higher education | McKinsey, 15 jun 2022


India's Healthcare - Overcoming Challenges and Moving into the Future To Provide Better Health and Save Lives

By Mohammad Anas Wahaj; MBA, University of Illinois at Urbana-Champaign, 2000, USA; BS in Mechanical Engineering, Aligarh Muslim University, 1993, India
Dated: 20 May 2016


India's healthcare is an opportunity that has room for growth for all - public or private, for-profit or non-profit, foreign or domestic entities. According to the latest CII-KPMG report, Indian healthcare sector is estimated to reach US$ 160 billion in 2017, accounting for about 4.2% of GDP. It is further expected to grow to US$ 280 billion by 2020. Moreover, a report by NASSCOM mentions that India's healthcare IT market is valued at US$ 1 billion and is expected to grow 1.5 times by 2020.

Over the years, governments have tried to develop policies and have taken steps to provide better healthcare for its citizens. But India's large size, huge population (1.25 billion) and ineffective implementation at various levels, has created lop sided infrastructure and uneven development in healthcare. While bigger towns and cities have developed state of the art healthcare facilities, the rural part has lagged behind on multiple counts. India currently spends only 1.05% of GDP on public health, compared to 3% by China.

Even though villages and small towns have private clinics and public healthcare facilities, overall the healthcare for the rural folks is bad, if not worse. Rural areas also have substantial presence of unauthorized health practitioners, quacks and shamans, who take advantage of the healthcare void. Moreover, most of the rural population has to travel long distances for specialized care and in a number of cases have to sell off their assets or get into huge debt to get treatment. Health insurance in India is still not common.

In spite of all the challenges, India is taking a stride into the next phase of healthcare, riding on technological advances, new financial models and corporatization of hospitals. Healthcare comes under state government but central government has a major role to play regarding budgetary allocations and policy making. Better coordination between state and center is required to overcome structural and systemic shortcomings in healthcare. As the current trends show, government is withdrawing itself gradually and giving more opportunity to the private sector, both for-profit and non-profit, to take over the health of India's citizens. Although it is a healthy move, but considering 70% population in rural areas and large part of it poor, it would be a challenging task for the private for-profit healthcare players to give a rural push, as they generally go where the money is and seek better return on their investments.

Government has to make sure that no one is left behind, and fulfil the promise of 'Healthcare for All'. There can be public-private partnerships (PPP) in rural and remote areas. Government can also help develop non-profit healthcare facilities in rural areas in collaboration with trusts, foundations, NGOs etc. Moreover, doctors and health staff has to be convinced with better perks and benefits and above all, the passion to serve humanity, if they are to be encouraged to work in those areas. For better reach into the hinterland, technology can play an important role. Effective implementation of information technology along with latest healthcare equipment and better supply chain management can assist in overcoming the staff shortages.

Timely provision of healthcare assistance is the key to save cost and save lives. Multipronged strategy is the need of the hour. Focus on proper sanitation habits, better health awareness and adopting healthy eating and lifestyle by the large population can also play a role to tackle some healthcare challenges. FDI (Foreign Direct Investment) will come if there is a lure for making money. Spending on healthcare and general infrastructure, along with providing ease of doing business will create that lure and the money will flow. Entrepreneurs should be encouraged and facilitating environment should be provided for new ideas to flourish and creation of innovative startups. Technology, skilled and trained medical professionals, substantial investment and effective execution of best practices will help India provide what the today's citizens expect from the growing economy.

Read More Posts on Healthcare (India)



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