While mulling over the health of the healthcare sector in India, a number of hindrances are often ruminated. These include, inter-alia, higher cost of services, social inequality, shortages of medical personnel, inadequate medical research, and overdependence on private establishments. These bottlenecks are prevailing since time immemorial and difficult to surpass with a population of more than 1.35 Billion. With sustainable economic growth potential and foreseeable improvement in public service delivery, India needs instruments to improve sectoral productivity. In the modern world of technological advancements, digital intervention is inevitable to increase healthcare effectiveness. The data repository of healthcare records of individuals acts as a lead to the practitioners, whereas the improvised usage of telemedicine may help to overcome staffshortages. Electronic Health Record (EHR) helps future research with a strong data pool, whereas a wide range of wearable devices develop healthy practices. In a developing country like India with limited resources to cater to the need of the growing population, the path-breaking emergence of digital interference in healthcare is imminent.
Future of Healthcare Investment in India
This story is from the February 2021 edition of The Management Accountant.
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This story is from the February 2021 edition of The Management Accountant.
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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