Hospital & Health Care Industry in India

Decrease in funding is another economic challenge in health care. The amount of finances coming from various sources not just the

Financial Issues: These incorporated challenges like decrease in government funding, issues with Medicare and Medicaid reimbursement, decrease in inpatient activity, growing costs for staff and supplies, bad

People are living longer, population is increasing by the day. Public spending is insufficient hence the infusion of private funds can assist in providing the 1st class health service that the people required.

Healthcare has progressed immensely throughout human civilization. From dancing to scare away evil spirits, to growing living organs in laboratories. No matter how advanced or archaic the treatment, we all as humans strive for the continuation of our life. As populations grew, organized healthcare delivery became a critical component to a healthy society. Many approaches to delivering healthcare to a large population have been created, but one variable remains constant in any solution to healthcare. Healthcare costs money. A lot of money. And someone has to pay, but where the differences between

Healthcare spending growth rate trends show astounding estimates. Since 1960, spending has risen from $27 billion ($143 per capita, 5.1% pf GDP) to amazing $1,678.9 billion ($5,670 per capita, 15.3% of GDP, 2003 data) (HHS, 2005). Recent research estimated that by 2013, healthcare spending will be as high as 18.4% of the Growth Domestic Product. It is important to note that the gradual move from hospital to ambulatory setting has resulted in much higher spending on outpatient hospital services and prescription drugs. The spending growth for these two trends is much higher than the overall healthcare cost growth, which, in fact, increases faster than such important economic indicators as GDP growth, inflation growth, and population growth rates.

From 1991 going forward, the health care environment again experienced fundamental changes as a result of the deregulation of hospitals which according to Ingols and Brem (as cited in Swayne, Duncan, and Ginter, 2006) was occurring for the first time in a decade. According to the authors, the impact of the move was immediate. Following the deregulation, the financial viability of most hospitals was

Health care systems are organizations that are formed to meet the overall health needs of the population. Health care is regarded as one of the leading cause in promoting not only physical and mental health but the well-being of the population. Legislation is implemented requiring government to offer services to all members of its society. The role of health services and the organizations that provide aid is to focus on the health of an individual and to uphold their human rights. According to WHO (2013), a “well-functioning health care system requires a robust financing mechanism, a well-trained and adequately-paid workforce, reliable information on which to base decisions and policies, and well maintained facilities and logistics to deliver quality medicines and technologies (World Health Organization; 2013).

Healthcare industry in United States has been an important industry for a long time. It is one such industry that has representation from both public sector and private sector. The current health care system is segregated and fragmented in America. Some states have very effective and efficient healthcare system while some states lack the desired infrastructure. The evolution of healthcare system in USA can be traced back to 1750. The period from 1750 to 1849 is termed as preindustrial period where the care of sick people was primarily handled by families (Brian, 2010). The period of 1850 to 1969 is termed as postindustrial period which reflects the growth of organized medicine and systematic healthcare delivery.

Hospitals are a local monopoly. The result is that hospitals may tend to monopolize their local area, consolidating or driving competitors out of business and then charging rent-extracting prices for their services.  Given the basic necessity of healthcare services and the resulting political sensitivity of the issue, this is generally viewed as a Bad Thing.  So government serves a role by treating hospitals like an airport,

An uneven density of health care providers in India further exacerbates the problem. Rural areas easily attract doctors and other medical

In any country, external forces can influence or shape the basic character of a healthcare delivery system (Shi, 2015). These forces consist of political climate of a nation, economic development, technological processes, social and cultural values, physical environment, population characteristics such as demographic and health trends, global

Healthcare in the United States is rooted in the private sector. The private sector directly funds 56% of the expenditures through private health insurance, household expenditures and copays, and other private expenditures. (CMS, 2014) The US healthcare system can thank the private sector for providing much strength such as new diagnostic technologies, innovative treatments and procedures, and dynamism. American hospitals and physicians are regarded internationally as being of high quality. Americans can also be proud that the physician- patient relationship is among the most trusted and valued relationships in the country. By allowing the private sector to take a lead role in the healthcare system, the United States values

A health care system is the association of institutions related to people's health and resources. It delivers health services in order to meet the health needs of the targeted populations (Nigam, 2011). There is a wide variation in the world of how different nations organize their health care systems, with almost all nations having differing health care organizational structures. Planning in some countries for health care distributes to those participating in markets. In other countries, however, planning is as a result of joint efforts between the government, religious bodies, and charities among other groups (Nigam, 2011).

The major problem, they have within the healthcare industry is the lack of government funding and the total expenditure on health per capita is $109, compared to the $7290 per capita in the United States. Healthcare consumes 4.9% of India’s GDP versus the 16% in the United States. The outcomes equal long lines, fewer facilities and inefficient staff. The supply of healthcare in India is on par with that in sub-Saharan African countries. According to the World Bank, 75% of all health expenditures is in the private sector, where 90% of healthcare costs are paid out-of-pocket.

Apart from having the public sector, we also have a well established private sector The private sector absorbs 32% of the total expenditure on health in the country. . In a year, the private sector has 27, 000 admissions for in-patient treatment, undertakes 13,000 surgical operations and delivers over 2,000 babies. Some people choose private hospitals instead of public hospitals due to better service quality and admission procedures. There are reliable doctors and nursing officers and their attitude are courteous and they are more hospitable and are ready to help.