With the increasing need for complex and quality medical care in hospitals, it is necessary to adopt innovative strategies to reduce the burden of financial pressure along with maintaining quality medical care service. It is found that the following categories are directly related to hospital costs:
Unhelpful clinical testing and treatments
Excess administrative expenses
Improper waste management
Coordination issues among care providers
Preventable medical errors and hospital-associated infections
Staff turnover rate
Procurement of medical supplies from varied suppliers
Inadequate technological infrastructure
Control of the costs in health systems is a challenging process since many health costs are unavoidably compared to a few listed above that are avoidable. This can be attained
Quality and affordable healthcare is a necessity to lead toward a healthy community. With the changing pace of healthcare transformation toward digitalization, quality, and affordability, there has to be continuous improvement and transformation in the platforms delivering medical care and related services. In a digital age like today, this is possible by deploying efficient health systems and smart medical care. An efficient and smart medical care is the process of delivering patient-centric care within or beyond the hospital walls by connecting patients, data, and technology. This will help in reducing redundancy as well as saving money that is wasted on repetitive administrative tasks
Fundamental points to be considered for starting a cost effective and patient centric medical practice are discussed as follows:
1. Advisory team formation
A good team of experienced professionals who can guide and provide insights about the
Syringes are known to be simple biomedical devices yet very important and have been ubiquitous for a long
time. It is an instrument; used to inject medicine or withdraw bodily liquid; consisting of a hollow
barrel attached to a plunger and a hollow needle. Unlike the reusable ones made of glass and metal, the
commonly used disposable syringes are made of polyethylene barrels with black rubber-tipped plungers or
fully polyethylene. A variety of syringes and needles are available in the market based on their
respective application. Depending on the dosage type, medication volume, and administration site, the
selection of the syringe and needle is done for a proper immune response and prevention of any site
reactions.
A syringe is one of the most commonly used medical devices to administer medication in the body or withdraw fluids from the body. According to WHO, approximately 16 billion injections are used in a year around the globe. Conventional disposable syringes are dominating the market followed by auto-disable/safety syringes. The Indian market size of disposable syringes was estimated to be $148 million in 2020 and this is expected to reach $385.4 million in 2030. This increase has been estimated due to the escalation in the number of chronic illnesses/surgeries and
the promotion of safety syringes. In order to improve the syringe quality and minimize exposure to harmful substances to safeguard clinicians, healthcare personnel, and patients’manufacturers are focused on developing safety-engineered syringes. Some of the key players in the syringe industry include:
The growing population and availability of hospitals to cater to their needs are
not aligned in the Indian healthcare sector. Moreover, the average need for the
hospital also remains unfulfilled alongside having a lack of beds in many
situations.
The recently bygone peak phase of the pandemic has highlighted all the areas
that need improvement and shows enough predictions about the multitude of
challenges in the future. Starting from capital investments to looking after
regulations – setting up a hospital is a cumbersome affair
This article discusses some of the key challenges you must look after if you are
new to healthcare entrepreneurship.
Finances and funding
As a new entrepreneur, it is difficult to gather funds and look after all the basic
necessities of building a hospital. Hospitals a
Are you looking to set up a hospital/clinic in India? This article will guide you through the entire process step-by-step. Read ahead to know more.
Setting up healthcare facilities in India is not as easy as it may sound, but with the right guidance and support, it can be done skillfully. Multiple parameters need to be considered before setting up a hospital/clinic in India. Let’s go through them one by one in this article.
1. Outline a business plan
Devising a sustainable business plan is the critical and the very first step when you set up a hospital/clinic in India.
Prepare an elaborate business plan detailing the goals of the project, schedules, steps to be taken, etc.
Plan the specialties, treatment, testing, and care you will be offering at your hospital in detail. Properly evaluating your capacity will allow you to deliver your desired services seamle
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