On the other hand, the share of primary and secondary care in private health expenditure has declined from 83.0 per cent to 73.7 per cent during the same period, attributable to rising tertiary disease burden and utilisation of Government facilities for primary healthcare.
The researchers emphasised that specific policies for healthcare, including medicines, are needed for the elderly. In this study, since most of the medicines were provided free by the hospital, the out of pocket (OOP) expenditure was fairly low (5.75 per cent) compared to that of some international studies where OOP expenditure on prescription medicines was higher (18 per cent), they said.
India's youthful population (65% under 35), high internet and smartphone penetration, and increased emphasis on personal well-being are driving a digital revolution in healthcare. This rare convergence offers a critical chance to use fintech and other digital solutions to address long-standing issues with healthcare affordability and accessibility.
Domain experts believe that the long-pending reform could turn out to be an inflection point for the industry. They assert that the new policy can reduce the country's reliance on importing high-end medical equipment and can potentially optimise innovations and boost the manufacturing of medical devices within the country.
Revenue cycle management refers to the process of managing the financial aspects of patient care, from the time a patient seeks treatment to the time the provider receives payment. The revenue cycle includes many different steps, including patient registration, insurance verification, capture, claims submission, payment posting, and collections.
The survey suggests that the government needs to increase its expenses to bring down this burden of higher healthcare cost. "Increased prioritization of healthcare in the central and state budgets is important as it crucially impacts how much protection citizens get against financial hardships due to out-of-pocket payments made for healthcare" says the Economic Survey 2021.
Kieran Murphy lauded Ayushman Bharat and said it is a necessary public intervention in the healthcare system. He noted that healthcare systems in the west, particularly the US one, were not sustainable.
Limited sleep times is defined as "difficulties with sleep initiation, maintenance or quality associated with the presence of impaired daytime alertness" at least several days a week.
With the scrutiny over quality and affordability of healthcare becoming a big issue, the question of balancing public needs with commercial aspirations have polarised the industry.
As theworld celebrates International Day of Yoga today, ETHealthworld tries to findout the impact of yoga in the prevention of diseases and management ofhealthcare in India.
Shares of Nutraplus India closed at Rs 85.70 per scrip on.
Get updates on your preferred social platform
Follow us for the latest news, insider access to events and more.
