Globalisation of Indian Healthcare Services

Globalisation of Indian Healthcare Services
Author: Dr. M. Kishore Babu,Dr. G. Prasad,Dr. T Sreenivas,B. Sirisha
Publsiher: Vandana Publications
Total Pages: 334
Release: 2024
Genre: Business & Economics
ISBN: 9788193482285

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India has a comprehensive Healthcare system comprising government and private service providers. Indian healthcare sector comprise of both allopathy & Alternative systems of medicine i.e. AYUSH. Indian Healthcare industry is worth Rs. 730 billion, and occupies 4 per cent of country’s GDP. In India, the Healthcare system is organised into primary, secondary and tertiary levels of delivery system. Healthcare ServicesDuring 2010-11, sales of the industry had grown by 25.4 per cent. During 2011-12 and 2012-13, transactions are expected to grow by a healthy 18.6 per cent and 20.5 per cent respectively. The National Health Policy (NHP)in light of the Directive Principles of the constitution of India recommends "universal, comprehensive primary health care services which are relevant to the actual needs and priorities of the community at a cost which people can afford". Globally, health expenditure as a proportion of Gross Domestic Product (GDP) ballooned in the second half of the 20th century, experiencing an almost threefold increase from 3 per cent in the 1950s to 8.5 per cent by 2014. According to the OECD, key drivers of greater health spending include: Rising incomes; Demographic trends; Ageing Population; Epidemiological trends; and Development and diffusion of new technologies and drugs. The four modes of cross-border delivery of services under GATS can be summarized as follows: Services supplied from one country to another; Consumers or firms making use of a service in another country; A foreign company setting up subsidiaries or branches to provide services in another country; and Individuals travelling from their own country to supply services in another country. Foreign Direct Investments (FDI) in the hospitals and diagnostic center segment has reached a new high in India. India is already charged in this route as evident from the 100% allowance of FDI in the hospital segment under automatic route, since January 2000. There is also an increasing interest among private equity funds, domestic and international financial institutions, venture capitalists, and banks to examine investment opportunities across an extensive range of segments. A developing country like India can adopt a mechanism for healthcare delivery for medical tourists to strengthen its economy by Creating an efficient and economic human resource pool (skilled medical and paramedical professionals), offer competitive costs and high quality of care to medical tourists.

Globalisation of Healthcare Medical Tourism in Indian Multi Speciality Hospitals

Globalisation of Healthcare Medical Tourism in Indian Multi Speciality Hospitals
Author: Junaid Javaid
Publsiher: GRIN Verlag
Total Pages: 40
Release: 2014-09-23
Genre: Literary Collections
ISBN: 9783656748861

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Project Report from the year 2013 in the subject American Studies - Comparative Literature, grade: A-, University of Bedfordshire, course: MASTER OF BUSINESS ADMINISTRATION IN HEALTHCARE & HOSPITAL MANAGEMENT, language: English, abstract: This theory into practice report is intend for exploration of influence of globalisation on the healthcare delivery in Indian Medical Tourism industry. The scope of this report is broad as it critically analyse Indian Medical Tourism industry with the means of theoretical frameworks and case studies based on 3 famous Indian Hospitals. The core objective of this report is to determine the impact of globalisation on the Indian Medical Tourism sector, It has been discovered that India is regarded as the most favourite destination from the perspective of medical tourists and all this possible due to several factors (low treatment cost, capitalisation of superior medical technology and highly skilled paramedical and medical staff who got initial training from Developed countries). The globalisation of healthcares services had been began after the signing of General Agreement on Trade Services (GATS) which thereafter directed Indian economy towards the opening up especially in relation to inflow of advanced medical equipment, pharmaceuticals and implants from other countries and also resulted in the enhancement of quality standards which were guided through the development of clinical governance and competitive benchmarking system. Indian Medical Tourism sector has been offering qualitative and comparatively affordable healthcare services through highly skilled personnel, increasing Indian foreign revenue, expanding job opportunities within healthcare sector, augmenting the global standing of India, encouraging investors to make more investment with healthcare sector and corresponding is promoting reverse brain drain. The major challenge which is a threat to Indian healthcare services due to the globalisation factor is the increasing inequity between Indian public and private sector and is hence resulted in the form of brain drain. The second challenge is related with ethical issues in response to certain procedures (reproductive tourism & organ transplantation). Professionals of Indian public healthcare sector should come up with regulatory policies in the align with strict governance policies for India private healthcare in order to overcome certain challenges occur after the brain drain of doctors from public healthcare to private sector.

Commercialization of Health Care

Commercialization of Health Care
Author: M. Mackintosh,M. Koivusalo
Publsiher: Springer
Total Pages: 322
Release: 2005-09-19
Genre: Political Science
ISBN: 9780230523616

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Based on original research and analysis by a group of health policy experts and economists from across the world, this book analyzes the causes and consequences of the expanding global and local commercialization of health care. It argues for the necessity and possibility of effective policy responses to develop good quality, universally inclusive health systems worldwide. The book aims to contribute to a shift in the international 'common sense' in health policy towards a more humane, inclusive, egalitarian, and ethical framework for policy formulation.

The Globalization of Health Care

The Globalization of Health Care
Author: I. Glenn Cohen
Publsiher: Oxford University Press
Total Pages: 479
Release: 2013-04-11
Genre: Law
ISBN: 9780199917907

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The Globalization of Health Care is the first book to offer a comprehensive legal and ethical analysis of the most interesting and broadest reaching development in health care of the last twenty years: its globalization. It ties together the manifestation of this globalization in four related subject areas - medical tourism, medical migration (the physician "brain drain"), telemedicine, and pharmaceutical research and development, and integrates them in a philosophical discussion of issues of justice and equity relating to the globalization of health care. The time for such an examination is right. Medical tourism and telemedicine are growing multi-billion-dollar industries affecting large numbers of patients. The U.S. heavily depends on foreign-trained doctors to staff its health care system, and nearly forty percent of clinical trials are now run in the developing world, with indications of as much of a 10-fold increase in the past 20 years. NGOs across the world are agitating for increased access to necessary pharmaceuticals in the developing world, claiming that better access to medicine would save millions from early death at a relatively low cost. Coming on the heels of the most expansive reform to U.S. health care in fifty years, this book plots the ways in which this globalization will develop as the reform is implemented.

State of the World s Indigenous Peoples

State of the World s Indigenous Peoples
Author: United Nations Department of Economic and Social Affairs
Publsiher: United Nations
Total Pages: 250
Release: 2011-05-09
Genre: Political Science
ISBN: 9789210548434

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While indigenous peoples make up around 370 million of the world’s population – some 5 per cent – they constitute around one-third of the world’s 900 million extremely poor rural people. Every day, indigenous communities all over the world face issues of violence and brutality. Indigenous peoples are stewards of some of the most biologically diverse areas of the globe, and their biological and cultural wealth has allowed indigenous peoples to gather a wealth of traditional knowledge which is of immense value to all humankind. The publication discusses many of the issues addressed by the Declaration on the Rights of Indigenous Peoples and is a cooperative effort of independent experts working with the Secretariat of the Permanent Forum on Indigenous Issues. It covers poverty and well-being, culture, environment, contemporary education, health, human rights, and includes a chapter on emerging issues.

International Trade in Health Services and the GATS

International Trade in Health Services and the GATS
Author: Chantal Blouin,Nick Drager,Richard Smith
Publsiher: World Bank Publications
Total Pages: 320
Release: 2005-09-15
Genre: Business & Economics
ISBN: 0821362127

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Health ministries around the world face a new challenge: to assess the risks and respond to the opportunities of the increasing openness in health services under the World Trade Organization's (WTO) General Agreement on Trade in Services (GATS). 'International Trade in Health Services and the GATS' addresses this challenge head-on by providing analytical tools to policymakers in health and trade ministries alike who are involved in the liberalization agenda and, specifically, in the GATS negotiations. This book informs and assists policymakers in formulating trade policy and negotiating internationally. There is ongoing and animated international debate about the impact of GATS on public services in general and health in particular. In response, the book offers different perspectives from more than 15 leading experts. Some of the authors stress opportunities linked to trade in health services, others focus more on the risks. The book offers: Detailed legal analysis of the impact of the agreement on health policy An overview of trade commitments in health-related services New empirical evidence from nine country studies A simple 10-step explanation on how to deal with GATS negotiations. 'International Trade in Health Services and the GATS' is a must-have resource for policymakers and other practitioners working in the trade and health sectors.

India s Public Health Care Delivery

India s Public Health Care Delivery
Author: Sanjeev Kelkar
Publsiher: Springer Nature
Total Pages: 507
Release: 2021-03-05
Genre: Medical
ISBN: 9789813341807

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This book describes the present awful state of India’s Public Health Care Delivery, its dismal planning and implementation. It argues that it can be remedied comprehensively and effectively, using its ‘own already present’ resources. A radical re-evaluation of some sacrosanct ideas and discarding many of these, especially in Primary Care and its structure is required. It can be done without disadvantage to the last man served. This book starts with the sea change India has undergone and emphasizes new ways of managing health. High quality work force creation and its deployment, an unsolved problem is effectively given a solution. The bulk of the book discusses the entire public health care structure and function and how it can be newly laid out with proper work force allocation, hitherto grossly inadequate, including professionals from other training backgrounds. It is total solution that will help India to achieve the goal of Universal Health Care.

Affordable Excellence

Affordable Excellence
Author: William A. Haseltine
Publsiher: Brookings Institution Press
Total Pages: 198
Release: 2013
Genre: Business & Economics
ISBN: 9780815724162

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"Today Singapore ranks sixth in the world in healthcare outcomes well ahead of many developed countries, including the United States. The results are all the more significant as Singapore spends less on healthcare than any other high-income country, both as measured by fraction of the Gross Domestic Product spent on health and by costs per person. Singapore achieves these results at less than one-fourth the cost of healthcare in the United States and about half that of Western European countries. Government leaders, presidents and prime ministers, finance ministers and ministers of health, policymakers in congress and parliament, public health officials responsible for healthcare systems planning, finance and operations, as well as those working on healthcare issues in universities and think-tanks should know how this system works to achieve affordable excellence."--Publisher's website.