KIT: Trends in healthcare

Strategic tools for the practising manager

Public-private partnerships are on the rise in the Indian healthcare industry.

The government is looking at corporate entities to venture into medical education. This should help in dealing with the demand and supply gap for healthcare professionals.

PropCo/OpCo arrangement is a new innovative model in healthcare, where one party owns the property and leases it to another party for operation. The advantage in this system is that the entire business generates profit from the property leased.

There has been an exponential rise in the number of people purchasing healthcare insurance. The main reasons for this are the increasing incidence of lifestyle diseases and the rising cost of healthcare. The trend has led to the emergence of third-party administrators which are an interface between insurance companies and consumers.

In spite of a temporary slowdown in investments in the healthcare industry, past investments and future studies reveal tremendous potential in the days to come.