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Healthcare Services Industry - India

The last decade has been witness to the giantareas. In the private sector, healthcare
strides taken by the Indian healthcarefacilities are owned and run by for-profit
scenario, towards modernization andcompanies and non-profit or charitable
development- gone are the days when those whoorganizations.
could afford it had to travel abroad to get
highly specialized services such as cardiacIn the earlier era, the high custom duties
surgery,  while  others had to do without it.imposed by the government on imported medical
equipment was a big deterrent to set up
Today, patients from the developed Westernprivate hospitals offering specialised
nations are coming to India to receivemedical care using state of the art
specialized medical treatment. Not only isequipment, usually imported from abroad. As a
India meeting international standards, but atresult, there were very few privately run
prices that compare very favorably withlarge hospitals but there were many small
developed  countries.private practitioners who provided primary
and  secondary  care.
In India, healthcare is delivered through
both the public healthcare system and theThe low level of medical insurance was
private sector. The public healthcare systemanother major problem faced by the private
consists of healthcare facilities run by thehospitals - not having insurance meant that
central and state governments, which providethe patients had to pay for the treatment
services free of cost or at subsidized ratesfrom their own pockets and not everyone could
to low-income families in rural and urbanafford the high costs of private healthcare.



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