Healthcare Ppt FINAL

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    Healthcare is one of Indias largest sectors, in terms ofrevenue and employment.

    It includes participants such as big corporate

    hospitals such as Apollo,Fortis,Global etc,mediumand small hospitals and govt. hospitals which includesmedical college hospitals, district taluk hospitals andprimary health centers.

    Pvt. And Public health insurance companies

    contribute in a bigger way by receiving premium fromthe individuals or collectively by the corporate andstate governments.

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    Medical tourism is the practiceof traveling to another country in orderto receive medical attention.

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    Medical Tourism is Being ActivelyPromoted in various Countries Like:

    y Greece

    y South Africa

    y Jordan

    y INDIA

    y Malaysia

    y Philippines

    y Singapore

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    In India

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    Why INDIA..........

    y Indian hospitals are well equipped and have advancedinfrastructure for providing best treatment for the patient .

    Indian doctors specialise in :

    y Heart surgery

    y Plastic surgery

    y Cancer treatments

    y Cardiology society

    y Eye care

    y Orthopaedic

    y Ayurveda treatment Most Popular

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    MEDICAL TOURISM IN INDIA

    y Medical tourism in India is a major driving force inpromoting the healthcare sector.

    y

    India has emerged as a destination for medical tourismwhich serves its consumers with well educated, English-speaking medical staff, state-of-art hospitals and diagnosticconveniences.

    y Reduced costs, availability of latest medical technologiesand a growing compliance on international qualitystandards attracts foreigners to India.

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    MEDICAL TOURISM IN CHENNAI

    y Chennai is the epicenter of India's medical tourismindustry.

    y World-class medical treatment.

    y Low price of procedures.

    yRenowned hospitals - Sri Ramachandra MedicalCentre, offers international patient services.

    Sankara Nethralaya eye hospital, Madras MedicalMission and KM Cherian Heart Foundation.

    y Medical tourists who visit chennai includes Nigeria,

    Kenya, Burundi, Congo, Bangladesh, Oman and Iraq.y Americans, Canadians and Europeans.- cardiac

    and orthopedic surgeries.

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    SUPPORTIVE FACTORS

    y Government aid.

    y Non-Governmental Organization/Trusts.

    y Contribution by Public Sector Organization like banks,BHEL which conducts free camps and also helps forsurgery and other medical treatments.

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    LEADING INDIAN HOSPITALS

    y Wockhardt Hospital

    y

    Apollo Hospitaly Rushabh Hospital

    y Hiranandani Hospital

    y Fortis Hospital

    y

    Medanta Medicity.

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    Economic Progress due to Medical

    Tourismy The growth rate is at 25 per cent of revenues for private

    up-market players, amounting up to Rs 10,000 croreswhich will be added to the revenues of these players.

    y Estimates of the value of medical tourism to India goas high as $2 billion a year by 2012.

    yIndias medical tourism sector is expected toexperience an annual growth rate of 30%, making it aRs. 9,500-crore industry by 2015.

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    SURGICAL CHARGES

    Eg:Surgical Cost (US$)Eg:Surgical Cost (US$) US vs. IndiaUS vs. India

    United StatesUnited States IndiaIndia

    Bone MarrowBone MarrowTransplantTransplant

    2,50,0002,50,000 69,00069,000

    Liver TransplantLiver Transplant 3,00,0003,00,000 69,00069,000

    Heart SurgeryHeart Surgery 30,00030,000 8,0008,000

    OrthopedicOrthopedicSurgerySurgery

    20,00020,000 6,0006,000

    CataractCataract

    SurgerySurgery

    2,0002,000 1,2501,250

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    ADVANTAGES

    y COST - There exists cost difference ofapproximately 40-80% between healthcareservices provided in India and most othercountries.

    y QUALITY - India has the advantage of

    having world class medical facilities whichincludes state of art hospitals, a large pool oftrained doctors, dedicated nurses, and welltrained paramedics.

    y LANGUAGE - Indian medical professionalsalso possess competent English speaking

    skills that come in handy when interactingwith patients from all over the world.

    y HOSPITALS - Involvement of private sectorand increased competition among them hasrevolutionized the healthcare in the form of

    quality and also helped to reduce the cost.

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    y PHARMACEUTICAL INDUSTRYPharmaceutical industry in India is growing

    rapidly. It also has a very strong genericdrugs industry which has resulted in cheap andaffordable medicines ,when compared to manyother countries.

    y ALTERNATIVE MEDICAL SERVICES -

    Ayurveda, the traditional healthcare system ofIndia, yoga, and spiritual healing are fastbecoming popular in the West, which attractmany medical tourists to the country.

    y

    POPULAR TOURIST DESTINATION - India isone of the most popular tourist destinations inthe world for its historical and cultural diversityand ranked in the top five favorite destinationsworldwide.

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    NEEDED UPGRADE

    y Infrastructure Improved roads, rail and airconnectivity, uninterrupted power supply and

    water supply.

    y Accreditation:Many hospitals in India needinternational accreditation which would makethem eligible for coverage with foreigninsurance agencies.

    y Industry Issues - There is a need forstandardized education in medicalinstitutions and regulations to curb quacks.

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    y Marketing - India which is considered safe andtrustworthy destination for both medical andtourism needs to be promoted on a largerplatform.

    y

    Joint ventures - with overseas companies will alsoensure further improvement in healthcare sector.

    y Need of the hour - India would also benefit if itcould streamline immigration process for medical

    visitors.

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    OPPORTUNITIES

    y India's thriving economy is driving urbanization andcreating an expanding middle class, with more disposableincome to spend on healthcare.

    y The Indian government has developed an all inclusivepolicywhich aims to achieve remarkable growth for thehealthcare sector.

    y It guarantees opportunities such as developing new

    infrastructure and providing novel medical equipmentsolutions for the Indian sector.