Globalisation of Indian Healthcare Services

Globalisation of Indian Healthcare Services
Author: Dr. M. Kishore Babu
Publisher: Vandana Publications
Total Pages: 334
Release:
Genre: Business & Economics
ISBN: 819348228X

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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
Publisher: GRIN Verlag
Total Pages: 40
Release: 2014-09-23
Genre: Literary Collections
ISBN: 3656748861

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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.

Indian Health Landscapes Under Globalization

Indian Health Landscapes Under Globalization
Author: Alain Vaguet
Publisher: Manohar Publishers
Total Pages: 0
Release: 2009
Genre: Family & Relationships
ISBN: 9788173047220

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This volume brings together a varied array of perspectives on contemporary health and health care in India. Since Independence, in spite of reduced budget, India has been able to achieve a notable improvement in the life expectancy of the population. After the recent liberalization of the economy. Whether the government can safeguard the autonomy of public health, promote efficiency and escape the invariable commodification of health services is the question this very timely volume raises. French and Indian geographers, sociologists, economists, lawyers, make use of a global perspective to introduce the outcome of the process of globalization in the field of Indian health systems in this volume. This systematic examination of cost and benefits seems a good indicator of the level of integration of a rapidly developing country. The authors have clearly stated their preferences, but the comparative studies will enable the reader to obtain a balanced point of view. Finally, working within the field of health, viewed as a key component of the state and society mutations under globalization processes, allowed the authors to demonstrate its risks, as well as its advantages through vital case studies. The major changes can only take place when the global and the national interact in the same direction, otherwise the indigenisation of global process will get subsumed under societal flux.

Globalisation and Health Sector in India

Globalisation and Health Sector in India
Author: Biswajit Chatterjee
Publisher: Deep and Deep Publications
Total Pages: 298
Release: 2009
Genre: General Agreement on Trade in Services
ISBN: 9788184501780

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Medical tourism in India. A critical evaluation

Medical tourism in India. A critical evaluation
Author: Junaid Javaid
Publisher: GRIN Verlag
Total Pages: 34
Release: 2015-09-17
Genre: Business & Economics
ISBN: 3668048150

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Research Paper (postgraduate) from the year 2015 in the subject Business economics - Miscellaneous, grade: 2,0 (B), University of Bedfordshire, language: English, abstract: This research project examines the phenomenon of medical tourism in India. It contain case studies of three major players of the Indian medical tourism sector. Core aim of this research project is to evaluate the current market situation and the influence of external environmental factor on the Indian medical tourism sector.

The Globalization of Health Care

The Globalization of Health Care
Author: I. Glenn Cohen
Publisher:
Total Pages: 479
Release: 2013-04-11
Genre: Health & Fitness
ISBN: 0199917906

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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.

Medical Tourism and Inequity in India

Medical Tourism and Inequity in India
Author: Kristen Smith
Publisher: Lexington Books
Total Pages: 0
Release: 2023-09-15
Genre:
ISBN: 9781793644190

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In Medical Tourism and Inequity in India, Kristen Smith explores the role of private hospitals in India in the global healthcare service supply chain. Smith examines the medical tourism industry, the commodification of the Indian healthcare system, and the local populations facing critical health issues.

International Trade in Health Services and the GATS

International Trade in Health Services and the GATS
Author: Chantal Blouin
Publisher: World Bank Publications
Total Pages: 328
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.

Commercialization of Health Care

Commercialization of Health Care
Author: M. Mackintosh
Publisher: Springer
Total Pages: 341
Release: 2005-09-19
Genre: Political Science
ISBN: 0230523617

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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.