...Should Bella Healthcare India take on Project TKO and develop an EKG specifically for the local market? Why or why not? TKO, “Technical Knockout”, is single channel EKG, Bella Healthcare India is planning to launch in Indian market. As per my opinion, Bella has many reasons to take up this opportunity. I will categorise these reasons in two broad categories, External and Internal factors. First external factor that affects decision of Bella to take TKO is large population of India with insufficient health care services. India’s population is large and growing but healthcare facilities are not growing with the same rate. Also most of the medical facilities of the country are concentrated in urban areas, leaving rural area with insufficient healthcare facilities. Unfortunately, most of the Indian population stays in small towns and villages. Another fact, in line with this, is availability of less no of physicians and specialists in the field of heart diseases. This has created room for medical services and devices sellers to expand their businesses in the country. The EKG global revenue chart shows that between 2010 and 2015, 9% – 12% of the global revenue will come from Asia-Pacific. As one of the second highest population country in Asia-Pacific, India will definitely contribute major portion of the revenue. The figures in the chart substantiate the fact that Bella has good scope to expand its services in the country. Second factor that helps Bella to take go ahead decision...
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...Bisht et al. Globalization and Health 2012, 8:32 http://www.globalizationandhealth.com/content/8/1/32 REVIEW Open Access Understanding India, globalisation and health care systems: a mapping of research in the social sciences Ramila Bisht1*, Emma Pitchforth2 and Susan F Murray3 Abstract National and transnational health care systems are rapidly evolving with current processes of globalisation. What is the contribution of the social sciences to an understanding of this field? A structured scoping exercise was conducted to identify relevant literature using the lens of India – a ‘rising power’ with a rapidly expanding healthcare economy. A five step search and analysis method was employed in order to capture as wide a range of material as possible. Documents published in English that met criteria for a social science contribution were included for review. Via electronic bibliographic databases, websites and hand searches conducted in India, 113 relevant articles, books and reports were identified. These were classified according to topic area, publication date, disciplinary perspective, genre, and theoretical and methodological approaches. Topic areas were identified initially through an inductive approach, then rationalised into seven broad themes. Transnational consumption of health services; the transnational healthcare workforce; the production, consumption and trade in specific health-related commodities, and transnational diffusion of ideas and knowledge...
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...Health Care in India, Ireland, South Korea, and United States Global Health Abstract The World Health Organization (WHO) defines universal health coverage as everyone having access to needed health services without the financial hardship that can follow (WHO, 2013). Health care should be accessible to all citizens, appropriately funded, provided by trained professionals, and affordable to all citizens. Health care changes from country to country in multiple aspects including: cost, availability, and private health care verses socialized health care. The cost of health care and government assisted health programs can take a big toll on the overall spending and reliability of a countries health system. Each country has their own strengths and concerns in regards to their health system. There is not one health system that will work for every country because every country has a different government organization, differences among the population, and other country wide concerns that impact the country as a whole. India is the seventh largest country located in South Asia populating about 1.2 billion people. It is roughly one third the size of the United States and the capital New Delhi still resides the majority of the population, housing about 22 million people (CIA, 2013). India does not have a universal health care system in place, although the government is working on a plan (Luthra, 2012). India has government funded public hospitals and private hospital...
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...Global Health: India Healthcare offers many opportunities and challenges for several countries. The purpose of this paper is to summarize India’s health care structure, health care policy, access to care issues, cost related to how much is spent, where the money comes from, and how it is spent, the role of nursing, and strengths and weaknesses of the system. In India, there has been a promising change over the last decade as the government has introduced many structural reforms and a private sector that has shown unprecedented growth. Despite these advances, the shifting demographics, socio-economic status, and changes in disease patterns is making a challenging journey more difficult (Binnendijk, Koren, & Dror, 2012). Three main challenges of India’s health care can be broadly defined as access, capacity to pay, and quality care. Healthcare challenges will become progressively more difficult over time as India is expected to be the most populated country in the world by 2028 (Haub, Gribble, & Jacobsen, 2011). India’s health care structure includes public and private hospitals, voluntary health agencies, national health programs, as well as traditional Ayurvedic medicine (Shrivastava, Shrivastava, & Ramasamy, 2013). The majority of health care centers are government owned and regulated. These urban centers have private hospitals that provide excellent care. The fragmented health care delivery means lots of small hospitals and clinics scattered over enormous geographical areas...
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...Theme: Health expenditure by Government in India Title: Health care and expenditure: an analysis of Indian Government’s Welfarism Name: Prakhil Mishra Semester : IV Roll no.: 13BAL027 Table of contents Sr.No. | Content | Page number | 1 | Abstract | 03 | 2 | Introduction | 04 | 3 | Why health expenditure is important | 04 | 4 | Trends in public spending | 05 | 5 | Core areas of spending | 10 | 6 | Conclusion and critical comments | 11 | 7 | Learning outcomes | 12 | 8 | Bibliography | 12 | Abstract Healthcare is a prime indicator of the development in a country. It is the basic function of a state to look after the needs of its citizens pertaining to health and nutrition. In India, there are high numbers of malnourished and undernourished people, and most of them are children under the age of fourteen. Health expenditure in India is a holistic approach of the government as a welfare state to ensure proper distribution at highly subsidized rates for the resource less people. The paper deliberates upon the government spending on health (Where it spends and how much it spends) and tracing of the changing trends in entailment of expenditure. Key matter of contention includes: * Introduction to public spending on health * Why spending on health is important * Changing trends in public spending on health and family welfare * Core areas where spending is done: analysis with the help of laws * Conclusion and critical analysis Key words: health expenditure...
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...Healthcare delivery in India - effects of Public policy, IT and Insurance Bhavik Kaul 1 Gaurav Dalvi 2 Great Lakes Institute of Management, Chennai October 2012 Abstract The global healthcare industry has greatly transformed itself into a professional service system, wherein each stakeholder has to justify its performance. In the increasingly globalized market, private healthcare providers have started dominating the supply side. Healthcare sector in India needs to be reoriented globally towards excellent service promotions and healthcare be made available at lower cost. With this view we plan to study the impact of various factors on the quality of healthcare delivery in India over the next decade. This research will attempt to verify the impact of the mentioned crucial factors on the Healthcare delivery in India through an empirical research and provide some assessment of the deficit in access to health services through structured integrated way called the Gaps Model of Service Quality which will take into account significant gaps identified & suggest methods to close the gaps. These suggestions will be used to make recommendations towards a 10 year incremental National Health Plan. 1. Theory & Hypothesis The 3 areas that we intend to include into our study of the healthcare landscape are – 1) Public Policy 2) Insurance 3) Healthcare Information Technology Systems (HIT) a. Hypothesis 1: Favorable National Health policies will have a positive impact...
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... Associate Professor in the Department of Pharmaceutical and Healthcare Marketing at St. Joseph's University, Erivan K. Haub School of Business, Philadelphia, PA. Currently he teaches in Executive Pharmaceutical and Healthcare MBA program (both traditional and online formats, MBA program and undergraduate program in Pharmaceutical and Healthcare Marketing. Thani was instrumental in starting the undergraduate and online programs at SJU. He served as the chair of the pharmaceutical and healthcare marketing department from 2003-2010. Ranbaxy in sales and at Glaxo Inc. in sales and marketing for several years before he returned to school and completed his Ph.D. at University of Wisconsin, Madison. His research interests are in health care marketing, strategy, supply chain and pricing. His work has been published in several journals, such as the, International Journal of Pharmaceutical and Healthcare Marketing, Journal of Medical Marketing, Journal of Pharmaceutical Marketing and Management, Journal of Commercial Biotechnology, Journal of Research in Pharmaceutical Economics Journal of International Marketing, Journal of Operations Management, Journal of Business Venturing, Information & Management among others. Thani has presented papers in many conferences including American Marketing Association, Academy of Management, Informs, Decision Sciences, Pharmaceutical Management Science Association and received several best paper awards. He has served in the dissertation committees...
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...Emerging market report 2007 Disclaimer PricewaterhouseCoopers has exercised professional care and diligence in the collection and processing of the information in this report. However, the data used in the preparation of this report (and on which the report is based) was provided by third-party sources. This report is intended to be of general interest only and does not constitute professional advice. PricewaterhouseCoopers makes no representations or warranties with respect to the accuracy of this report. PricewaterhouseCoopers shall not be liable to any user of this report or to any other person or entity for any inaccuracy of information contained in this report or for any errors or omissions in its content, regardless of the cause of such inaccuracy, error or omission. Furthermore, to the extent permitted by law, PricewaterhouseCoopers, its members, employees and agents accept no liability and disclaim all responsibility for the consequences of you or anyone else acting, or refraining from acting, in relying upon the information contained in this report or for any decision based on it, or for any consequential, special, incidental or punitive damages to any person or entity for any matter relating to this report even if advised of the possibility of such damages. The member firms of the PricewaterhouseCoopers network (www.pwc. com) provide industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders...
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...Medical Tourism Industry - Advantage India C.B. Venkata Krishna Prasad* Traveling abroad for health is not a new phenomenon. Medical tourism is actually thousands of years old. In ancient Greece, pilgrims and patients came from all over the Mediterranean to the sanctuary of the healing god, asklepios; the god of healing was located at Epidaurus. In roman Britain, patients took the waters at a shrine at bath, a practice that continued for 2,000 years. During 18th century wealthy Europeans used to visit health resorts in North Africa. But in the past seven years or so, the movement has accelerated sharply. It is growing rapidly and turning out to be an immense business opportunity for nations which have the strategic advantage of having resources in terms of medical technology, infrastructure and right human resources. Cross-border travel for health reasons is a $40 billon market and growing at over 15% a year throws up huge opportunities for anyone smart enough to tap it. Broadly defined as a collaboration of medical services with the tourism industry, healthcare tourism offers cost effective medical services for individuals who cannot afford these services in their country due to high costs or to people who are tired by long waiting times. Also patients from countries, where treatment is not available, can avail the benefits of healthcare tourism. Countries that are actively promoting healthcare tourism include Belgium, Singapore, Malaysia, India, Thailand, Cuba, Costa Rica, Hungary...
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...Professor's comment: "Your paper skips to quickly from the early 1900s to contemporary periods, hospitals to healthcare in general, etc. Not well organized to the assignment questions. The portion on India doesn't provide a timeline comparison with the US." Using references other than those contained in this unit, research information on the historical development of health care, and complete the following for your assignment: Trace the major historical developments of hospitals in the United States. Identify the major historical events of hospitals in a country outside of the United States. Compare and contrast the history of both countries' hospitals, and discuss which one you feel has evolved to more effectively provide patient care. Be sure to provide rationale for your choice of which hospital more effectively provides care. Abstract No matter what part of the world one may live in, there is a rich history within those cultures. There are also history backgrounds of their hospitals and how they came to be. The objective of this project is to take a closer look into the historical developments of hospitals within the United States and India and based off their developments, which of the two grant superior effective care. The development of health care facilities has a long history no matter what part of the world they are in. Many techniques and standards have been lost and gained throughout the years. What all hospitals should always strive for is...
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... COURSE: BACHELOR IN BUSINESS ADMINISTRATION TOPIC: PRIVATISATION IN THE INDIAN HEALTHCARE SECTOR CONTENTS 1. INTRODUCTION 1.1. PRIVATIZATION 1.2 INDIAN HEALTHCARE INDUSTRY 1.2.1 DRIVERS FOR GROWTH OF HEALTHCARE 1.3 PUBLIC HEALTHCARE IN INDIA 1.4 PRIVATE SECTOR IN THE INDIAN HEALTHCARE DELIVERY SYSTEM 1.4.1 GOVERNMENT POLICIES TO SUPPORT THE GROWTH OF PRIVATE SECTOR 1.4.2 FDI IN THE INDIAN HEALTHCARE 1.4.2.1 STATUS AND PROSPECTS FOR FOREIGN INVESTMENTS IN HOSPITALS IN INDIA 1.4.2.2 CONSTRAINTS TO FOREIGN INVESTMENTS IN HOSPITALS IN INDIA 1.4.2.3 FOREIGN PRESENCE IN HOSPITALS IN INDIA 1.4.2.4 SUMMARY OF PROS AND CONS FOR FINANCING SOURCES OF HOSPITALS OBJECTIVES 2. LITERATURE REVIEW 3. ANALYSIS OF THE IMPACT OF PRIVATIZATION IN THE HEALTHCARE SECTOR 3.1 QUALITY AND PRIVATE HEALTHCARE SERVICES 3.2 IMPACT OF FOREIGN INVESTMENTS IN HOSPITALS IN INDIA 3.3 CONSUMER PERCEPTION OF PRIVATE SECTOR 3.4 EMERGING TRENDS IN HOSPITALS IN INDIA: CHALLENGES AND INTERVENTIONS 4. CONCLUSION 5. ACKNOWLEDGEMENT 6. BIBLIOGRAPHY 1. INTRODUCTION 1.1 PRIVATIZATION Privatization can also be called denationalization or disinvestment. All three terms describe a situation where a...
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...as the act of traveling to obtain medical care in another country or region of the same country where specialized or economical medical care is available complemented with wellbeing and recuperation of acceptable quality with the help of support system. The World Health Organization (WHO) defines medical tourism as tourism associated with travel to health spas or resort destinations where the primary purpose is to improve traveler’s physical wellbeing through a process comprising physical exercises and therapy, dietary control, and medical services relevant to health maintenance. India has become a destination of choice for patients from all hemispheres as the destination of choice for a wide range of medical services and surgical procedures. In addition to the tangible expertise of medical and nursing staff, allied health services staff, the intangible compassionate care of support services staff draws patients to tertiary care hospitals in India. Equally important is the lower cost of world class treatment at a fraction of what it costs in the Western or so-called developed countries. In addition, there is no waiting period for any of the major surgical interventional procedures in the corporate hospitals in India. There are several dynamic internal and external factors which hinder medical tourism in India. The future of medical tourism in India is exceptionally promising. There are abundant opportunities for corporate tertiary care hospitals to follow the example of hospitals...
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...Smart Health Care System - A Smart way for a Healthier world Usual problems that we come across in most of our health care systems are raising costs, inconsistent quality, and limited access to timely care. What we need to realise is that our health care system is not a ‘system’ yet. There is indeed an urgent need to work on this area and bring about improvements in the overall quality of the prevailing health service system. From the statistics shown below, it is evident that a major contributor to the deaths in India is limited accessibility to healthcare. It can be observed that more than 50% of the deaths that happen in India are at the residences. Source: www.icmr.nic.in/final/causes_death However, there is a paradigm shift with regard to home care due to convergence of several technologies. Increasingly capable tele-health systems and the internet are not only moving the point of care closer to the patient, but the patient can now assume a more active role in his or her own care. The migration of healthcare industry to electronic patient records and the emergence of a growing number of enabling healthcare technologies coupled with these developments, demonstrate the unprecedented potential for delivering highly automated, intelligent health care in the home while at the same time reducing the cost of care. Integration of health care and smart technology...
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...PROJECT REPORT ON MEDICAL TOURISM WITH REFERENCE TO INDIA Origin and Evolution of Medical Tourism Medical tourism is actually thousands of years old. In ancient Greece, pilgrims and patients came from all over the Mediterranean to the sanctuary of the healing god, Asklepios, at Epidaurus. In Roman Britain, patients took the waters at a shrine at Bath, a practice that continued for 2,000 years. From the 18th century wealthy Europeans travelled to spas from Germany to the Nile. Since the early nineteenth century, when there were no restrictions on travel in Europe, people visited neighboring countries in order to improve their health. At first, mere traveling was considered to be a good therapy for mental and physical well-being. In the 21st century, relatively low-cost jet travel has taken the industry beyond the wealthy and desperate. Later, mostly wealthy people began traveling to tourist destinations like the Swiss lakes, the Alps and special tuberculosis sanatoriums, where professional and often specialized medical care was offered. In this century, however, medical tourism expanded to a much larger scale. Thailand, followed by India, Puerto-Rico, Argentina, Cuba and others quickly became the most popular destinations for medical tourists. Complicated surgeries and dental works, kidney dialysis, organ transplantation and sex changes, topped the list of the most popular procedures. It was estimated that in 2002, six hundred thousand medical tourists came to Bangkok and...
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...of accredited facilities have led to the emergence of several global medical tourism corridors3. Asia leads the medical tourism industry worth billions4. Amongst these corridors of health, India has the second largest number of accredited facilities3. INTRODUCTION: The health care industry within the United States continues to face unprecedented increases in costs, along with the task of providing care to an estimated 33 million uninsured or underinsured Americans, which constitutes about 10.4% of the U.S. population7. The demand for low-cost health care services is driving patients to seek treatment on a globally competitive basis, while balancing important quality of care issues. The trend, known as medical tourism, which refers to traveling to another country for medical care, is on rise8. In the past few years, Asia has taken the lead as one of the most preferred destination for medical value travel9. Forbes reported that medical tourism is growing by 20% per year. The latest estimates put it as a $50 to 65 billion industry with upward of 1.25 million Americans seeking treatment in other countries each year3, for cut-price healthcare. They are doing this in a bid to avoid the astronomical cost of undergoing treatment at home. U.S. HEALTH CARE STATISTICS: In 2013, Nerd Wallet Health analyzed data from the U.S. Census, Centers for Disease control, the federal...
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