Healthcare Industry In India

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Healthcare sector is likely to become the rapid growing sector in India in the coming future. Keeping in mind a large population of the nation, much more attention is given to health of the people. However, in comparison to healthcare services in the developed countries, in India still today the healthcare services are not up to the mark. Health services are highly significant growth in the US. During the last few decades of the 20th century, only 11 percentage of the Gross National Product are covered up 1980s. The growth of the healthcare industry has been phenomenal and has attracted a lot of attention. The last decade has witnessed the mushrooming of many corporate hospitals. Today, many people prefer private hospitals against government …show more content…

This was known as ‘Fee-for service’. Under the new system, customers do not pay the hospital or doctor directly, rather they pay to a third party, who in turn pays the service provider. However, the system of a third party paying the medical bills of an individual is not altogether new. The practice started even before the beginning of the 20th century. Industries, such as railroad and lumber established the method of contracting XL health services for their employees, because the individuals employed in these industries worked in isolated areas where healthcare services were other wise not available. Several companies began to follow the contract medicine system and later even the government was forced to do the same for its employees and prisoners. However, the organized medicine community was worried about the third party payment. It aimed at creating a specific environment in which the doctors could do there work without any interference freely and fairly. However, the contract system provided a great deal of control to the third party payers and this affected the profits of the organized medicine community. In order to prevent the growth of the contract healthcare system, in the early 1900s, organized healthcare providers opposed the system. They argued that the lack of freedom on the part of medical practitioners due to the contract system prevented them from …show more content…

All the board members make policy level decision unanimously. The leading persons of the society and the eminent businesspersons are the trustees of the board and they have least interest in personal monetary gain. The board holds certain aims and objectives of the institute.
[2] Medical staff:
Medical staff is made of doctors, nurses, pharmacists, technicians, radiologists and the subordinate staff. This staff directly deals with the patients and its dealing is of prime importance in the development of the hospital. The medical staff includes both trained as well as the untrained employees and they provide medical and paramedical services. [3] Administrative

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