Becoming An Extended Arm For Hospitals

- Vivek Srivastava

-- How is Indian home healthcare growing?

According to estimates, the overall Indian healthcare market today is worth ₹7 lakh+ crores and is expected to grow to ₹18.7 lakh crores by 2020, a CAGR of 22.9 percent. Globally, the segment of home healthcare comprises 3-6 percent of the total healthcare pie, thus there is huge scope and potential in the Indian home healthcare market.

--  How is it going to address the shortage of few lakh hospitals beds?

We need over 6 lakh+ beds to cater to our population and home healthcare can help bridge this gap as it reduces the requirement of the hospitals beds, which can be provided to more needy patients. Since the shortage of beds are more in tier-II & III cities, the hospitals can extend their reach without building expensive infrastructure with a home healthcare partnership.

For example, patients residing in a tier III city at a distance of around 200 km from a tertiary care centre often discontinue their treatment in the middle due to rising costs and inconvenience. With home healthcare services, step-down care including complete ICU setup can be delivered right at their home at a fraction of cost.

--  How is HealthCare at HOME complementing the efforts of hospitals to provide quality healthcare delivery?