Hospitals, which generated higher percentage of their revenue through cardiology, have been severely impacted.
Regulation in pricing of stents and implants in the recent past has had a dramatic impact. It has resulted in average drop in price for procedures such as angioplasty and joint replacement, particularly for large hospitals, in the range of 15-30%. Other than issuing specific instructions about the pricing for certain consumables to be followed by hospitals, the authorities had issued further instructions cautioning hospitals not to charge any additional amount through ‘innovative’ heads as was done by a few immediately after the price control. TPAs, on the other hand, continue to put pressure on hospitals for further reduction.
This story is from the November 2017 edition of Healthcare Radius.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 2017 edition of Healthcare Radius.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Trigeminal neuralgia patient gains relief
Thumbnail-sized microvascular decompression gives relief to trigeminal neuralgia patient.
IMA forms national alliance to fight AMR
National Alliance of Medical Professionals on Antimicrobial Resistance formed
Abbott launches vertigo awareness campaign
Abbott’s new vertigo awareness campaign, Chakkar Ko Check Kar, aims to raise awareness about the condition that affects about seven-crore Indians.
HCG Cancer Centre hosts fitness challenge for doctors
HCG Cancer Centre Borivali and HCG ICS Khubchandani Cancer Centre, Colaba offer a fitness challenge for doctors on National Doctors’ Day.
IAP launches pediatric cough management awareness campaign
The Indian Academy of Pediatrics (IAP) kickstarts ‘Tackling Cough With Care’ initiative to spread awareness about pediatric cough management.
MedGenome invests in GenX Diagnostics lab
Expands presence in East India with stake acquisition
REVOLUTIONIZING THORACIC SURGERY WITH VATS
Explore how VATS is transforming thoracic surgery with precision, minimal trauma, and rapid recovery.
INTEGRATING AI INTO HEALTHCARE PRACTICES: A LEGAL PERSPECTIVE
Learn the legal challenges for AI adoption in healthcare: across medical devices, negligence, and data protection.
Godrej Consumer unveils breakthrough mosquito repellent
Indian scientists develop new molecule, Renofluthrin, to combat mosquito-borne diseases.
Narayana Health Insurance offers ₹1 cr coverage for surgeries
Narayana Health Insurance launches ‘ADITI’, a health insurance product offering coverage of up to ₹1 crore for surgeries and ₹5 lakh for medical management at Narayana Health.
