In the past two decades, India has embarked upon a journey of transformation in its healthcare sector. Though healthcare spending on government hospitals has increased exponentially, it is the private sector that has emerged as a leader of the Indian healthcare scenario.The gap that the government is not able to fill is being filled by the private sector in India. A well known Pune based doctor has even said that Pune City, which should have at least 50 Public hospitals, has only one medical college to suffice the discrepancy. However, it cannot be ignored that new corporate and multi-speciality hospitals are coming up at fast pace.
The Private sector in the healthcare industry is mostly dominated by industry giants such as Max Healthcare, Fortis, Apollo, and other big players. While their modern amenities and world class service is a boon, this boon is sadly available to only those who can afford it. Where most government hospitals lag far behind in quality, people struggle in waiting lines in hospitals where the modern amenities are available. This leaves us with yet another huge gap to be filled- the gap of affordable, and properly equipped private hospitals.
Big hospitals in India are able to gain patients only because of the quality of physicians and doctors they hire. They stand as a backbone for these medical giants. Since the supply of this manpower is limited for these hospitals, there is a race to employ physicians among the private sector. In this race of employment, they promise high packages to the qualified clinicians of India and physicians keep on serving till end of their working life. What clinicians don’t realize is, what they can do by starting their own medium sized hospitals (150-200 beds) for quality care with the modern amenities as the corporate giants. There are models/ways by which quality & affordable care can be given to the masses and senior clinicians along with their attached hospitals can also work for their own Centers and even for Govt.Institutions. This framework can be beneficial for Corporate world, Government hospitals, clinicians & most important for patients. With such arrangement, more doctors will get a space to grow and so on
Even those who dream of starting their own venture and owning a hospital at times lack the courage to start up with their own,
The choice for getting treatment in small hospitals and nursing homes is also declining even for common diseases patient prefer big hospitals
Many primary and secondary care can be provided by upgrading these facilities
With just a bit of courage and good managerial skills, clinicians can start their own healthcare organizations, which won’t just be affordable, but will also have all the modern amenities that people need. They can take the guidance of experienced healthcare consultants and professionals, to build and start their hospitals.
Clinicians wanting to start their own ventures may need help in every step ranging from arrangement of funds to getting the right staff for the hospital. This is where the healthcare consultancies come into place. Firms like Akash Advisors, our brainchild which took years of research and experience to birth, provide a wide range of advisory services, whose vision is to empower clinicians for creating economical and profitable healthcare enterprises. Their services range from Planning and designing hospitals, long term business planning, strategy formulation, equipment planning, project management and staff recruitment. In short, they stand by the clinicians on every step where they may need any sort of help.
One more perfect example to motivate clinicians is Narayana Healthcare. Narayana chain of hospitals started as a 225 bed multi-specialty hospital in Bangalore, Karnataka, in 2001. They began their expansion in 2009, and look at how far they’ve come! They have 24 hospitals, 7 heart care centers and several primary care facilities.
This is what clinicians have the potential to achieve with a little bit of management skills and independence in work. Sure, the journey can seem to be tough, and can take a lot of courage to start, but with guidance and the potential returns, it all feels worth it. The need for affordable healthcare is being filled only by government hospitals, and the need for quality healthcare is filled by giant corporates. But, it needs to be realized that there is huge requirement of quality and affordable healthcare that still exists, and there is a dire need and opportunity too, fortunately, to fill it.