A strong clinician-administrator partnership can have a salubrious impact on the healthcare delivery system.
The Indian healthcare sector, which was worth around $100 billion in 2017, is expected to register incremental growth of around 22.87% per annum and touch $280 billion by 2020. As the median age of the population increases, healthcare expenditure too goes up; the consequent scope for expansion of healthcare services, in turn, opens up ample opportunities for development of the industry.
With greater emphasis on quality and increasing privatisation, consolidation and aggregation of large physician groups is becoming the order of the day. Gone are the days of individual practice on a small scale, at least in bigger cities, where big hospitals are mushrooming. This is true of many tier 2 and tier 3 cities as well.
This story is from the June 18 edition of Indian Management.
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This story is from the June 18 edition of Indian Management.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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