Healthcare providers to the world

By the year 2010, India will have the best mass health care delivery system in the world. This is because our country produces the largest number of doctors in the world. India  also produce the largest number of nurses and technicians. This puts us in an ideal position to be the ideal health care providers since many countries with much bigger economy than ours do not have this privilege
India’s healthcare sector has made impressive strides in recent years. The India is the only country in the world which can provide quality healthcare service to the patients of developed countries at around 40 to 50% of the price charged for treatment at developed countries.

Medical infrastructure forms the largest portion of the healthcare pie. As per the current statistics  (2006) bed per thousand population ratio for India stands at 1.03 as against an average 4.3 of comparable countries like China, Korea and Thailand (2002 data). Hence in spite of the phenomenal growth in the healthcare infrastructure, we are likely to reach a bed to thousand-population ratio of 1.85 and in a best-case scenario, a ratio of 2 by 2012.

Beds in excess of 1 million need to be added to reach a ratio of 1.85 per thousand, out of which about 896,500 beds will be added by the private sector with a total investment of € 51 Billion over the next six years. However, the gains are commensurate in this capital intensive industry, since the revenues generated by private hospitals in the year 2012 will be to the tune of € 26.5 billion growing at a CAGR of 15%. Despite this investment, the bed to thousand population ratio would be far from comparison with other similar developing countries. 

Opportunities in medical education:

There is going to be paradigm shift in the medical education of this country. This country requires a few thousand medical colleges and  the Indian medical universities will lose control over medical education unless they adapt themselves to the changing circumstances. One positive development from the medical universities is that they are a lot more forthcoming now and keen to start new courses for the changing requirement of medical scenario and it is a matter of time before Indian medical universities will take on the responsibility of training doctors for the whole world.

Accreditations
The National Accreditation Board for Hospitals and Healthcare Providers (NABH) set up by the Ministry of Health under the aegis of the Quality Council of India is currently finalising the guidelines for accreditation of hospitals and other healthcare service providers. Many Indian hospitals have secured accreditation from the British Standards Institute and Joint Commission on Accreditation of Healthcare Organisations.Apollo Group - India's largest private hospital chain and Escorts Hospital are now seeking certification from the US-based Joint Commission on Accreditation of Healthcare Organisations. NHS of the UK has indicated that India is a favoured destination for surgeries. The British Standards Institute has now accredited the Delhi-based Escorts Hospital.