At a time when healthcare expenditures are on the rise, a new concept for care delivery is taking roots -- value-based healthcare or the patient health outcome per dollar spent. This model of care delivery focuses on the outcome delivered by the care provider rather than just the cost of delivering it or the financial success of the stakeholders.
Mobile technology has created a whole new paradigm for healthcare delivery and practice. Mobile Healthcare - also known as mHealth - enables providers, practitioners, patients, payers and pharma to connect in a never before way.
"...whatever you can rightly say about India, the opposite is also true". - Professor Joan Robinson as quoted by Dr Amartya Sen.
For healthcare providers it is important to remember that globalisation is here to stay.
Online PHRs can overcome the geographical limitations of existing EMR systems, while encouraging patients towards selfcare.
An involved patient is a blessing for healthcare organisations.
Natural products-based drug discovery is gaining prominence once again.
The healthcare markets are witnessing launch of genetic tests, personalised medicines, therapies, which in turn are influencing the clinical care and patient outcomes.
Healthcare organisations, whether owned by the state or privately, either for-profit or not, shall provide incentives for efficiency, emphasise on safety, and have measures to practice and communicate socially responsible behaviour.
"Is it not also true that no physician, in so far as he is a physician, considers or enjoins what is for the physician's interest, but that all seek the good of their patients? For we have agreed that a physician strictly so called, is a ruler of bodies, and not a maker of money, have we not?" - Plato
Given the plethora of management tools and techniques that have emerged in recent years, many hospitals are indeed being managed more efficiently than ever.