Healthcare Provision Positive for Industry
02 Feb, 2018

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  • Healthcare Provision Positive for Industry
  • Good beginning for creating healthcare

There are two announcements which will impact the healthcare delivery industry. The Suraksha Bima Yojana enhanced limit of 5 lakh rupees per family is yet to be launched, so the details and capital allocation will only be known when it is launched. However, the intent is quite positive, as almost 40% of underprivileged population would be able to access the secondary and tertiary care healthcare, and this would increase the market size for healthcare providers radically. The second scheme is for 1.5 lakh healthcare centres, where the budgetary provisions are only 1200 crores. However, it may be a good beginning for creating healthcare accessibility to the rural poor.

The investment in hospitals is a subject matter of viability, so it is yet a bit premature to assess the investment potential of the schemes announced. However, if the prepositions are commercially viable, these would be opening a vast market for the investments to flow in.

Zahabiya Khorakiwala, MD of Wockhardt Hospitals Group

Sources:
Newsbarons: Underprivileged population would get access to secondary and tertiary care healthcare: Zahabiya Khorakiwala, Wockhardt Hospitals Group
Medical Buyer :Union Budget Response: Zahabiya Khorakiwala, MD, Wockhardt Hospitals
Story Link :
1)https://www.hindustantimes.com/india-news/budget-2018-healthcare-private-hospitals-say-implementation-is-key/story-e5blrh9gtRoab6QouvT0AO.html


2)https://www.business-standard.com/article/pti-stories/healthcare-in-budget-pvt-hospitals-say-implementation-is-key-118020101258_1.html

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