In the recent times, we have witnessed considerable amount of perk in the healthcare issues. We can easily attribute most of these aforementioned issues to the sloppy approach of the governing body and also sharp increase in the overall medication costs. The varied reasons or factors which attribute highly to these issues can drastically affect […]
Nursing profession In India has come a long way; however, a lot more need to be done. Any profession to grow must have respect, job satisfaction and good financial reward. Earlier it was desired to serve that motivated /attracted girl and boys to join nursing. Subsequently, it was more of a compulsion to earn and […]
INFORMATION TO BE COLLECTED FOR DUE DILIGENCE OF HOSPITALS: As phase of consolidation in Health Sector is on rise, we will see more and more of M & A activities. Some of basic information one should gather while evaluating takeover of any hospital are: General Information Share capital of the Company (ies) and including: The […]
This is common statement made by most hospital managers. However it is not clear to most , how reduction of ALSO can help in improving hospital top line as well as bottom line. Some of the key points which help us understanding this are: Today revenue per occupied bed per night is key term to […]
In today’s competitive environment,in order to retain and grow your business, it is extremely important to reach your customer. Every organization strives to remain visible and adopts innovative methodology to market itself. Even social and charitable organizations are not far behind to remain relevant. Even before an organization attempts to promote itself, it is vital […]
Indian Health care delivery market is growing steadily ( 13 + %) for last 10 years and expected to grow much faster over next two decades. However, we will witness much faster growth in smaller towns (Tyre III and II towns). Some of the reasons are: Availability of Specialists or Doctors: Availability of medical skill […]
Today’s hospitals must go for good quality hospital information management system (HIMS) which should not only have good administrative / back office modules but also clinical modules and electronic medical records. Few highlights which explain value that a good hospital information management system adds to a hospital: Patient data captured at time of registration helps […]
One of the biggest and fastest growing industries in India, is none other than the Health Care Industry. In the modern times, health care specialists and health care institutions have gone through rapid development. There is a very stiff competition is going through the health care sector. Therefore, each and every entity is trying to […]
In the contemporary arena of Health Care, numerous health care institutions have easily gone through a rapid stream of advancement and growth. There is a very steep competition going through the health care sector, hence, each and every entity is trying to prove themselves and they also want to stay ahead in the competition. Basically, […]
Providing care to patient has always been considered a noble cause and hence discussing profit for hospital business sounds awkward to many. However, it is a reality that this sector is now attracting investors as well as private players and for sure, they will look for ROI. There is nothing wrong with investors, if they […]