New Delhi, November 11, 2018: Data from the National Health Profile 2017 show that there is just one government hospital bed for every 2,046 people. One research shows that India shares more than 20 per cent of the global disease burden, it accounts for only eight per cent of doctors and six per cent of hospital beds. Private hospitals work on the ALOS (average length of stay) model—the increased availability of hospital beds translates to more surgeries and hence higher revenue. Hospitals prefer to discharge patients who are stable and use the infrastructure for surgeries and other medical procedures for critical patients.
Rising chronic diseases are also forcing people to look at home healthcare so that they don’t need to go through frequent hospitalisation. Nurses, doctors and attendants serve the patients’ needs in their own homes, covering even complex services like setting up a temporary ICU. Home healthcare services are also more affordable than hospital stays, operating at approximately 30 percent to 40 percent lower cost than hospital stays.
- Home healthcare services offer many advantages especially in a big metro cities.
- Elder population more adopting these services due to high hospitilsation cost
- Home healthcare industry in India is estimated to grow from Rs 7,800 crore in 2018 to Rs 91,000 crore by 2025.
- How Ayushman Bharat scheme will help the home healthcare industry