Try GOLD - Free
Not In The Pink Of Health
Indian Management
|May 18
Malpractices in pricing are the bane of India’s healthcare system. Stringent norms and strict enforcement could go a long way towards streamlining it.
India’s healthcare system is plagued by so many ills that it is difficult to pinpoint just one. The list seems endless: long queues and lack of hygiene at iconic government hospitals, terminally ill patients being turned away by hospitals owing to their lacking money or due to bed shortage, babies being delivered without any proper medical help, fake medicines being circulated, unnecessary diagnostic tests and even surgeries being done, ‘incentives’ given to doctors by diagnostics labs and pharma companies. All these make quality medical care beyond the access of the economically backward—some have to even mortgage their houses to pay for treatment while others just lose their precious lives as they are unable to afford it.
The complexity of any healthcare system can be gauged from a recent statement made by Warren Buffett, whose company has joined hands with Amazon and JPMorgan Chase to ‘disrupt’ healthcare in the US. He likened it to a ‘hungry tapeworm on the American economy’. However, it is no consolation that healthcare is an issue elsewhere too. We need to seriously look into the problem in our country.
Putting in place a ‘universal healthcare’ system for all is not feasible either for the government— because the resources required are humungous— or for the private sector. Even the reach of CSR funds is limited to a few ‘memorial hospitals and institutes,’ which manage to corner prime government land at a cheap cost; and often, their promise of providing a certain number of ‘free beds’ to the poor is hardly met.
This story is from the May 18 edition of Indian Management.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Indian Management
Indian Management
The RevOps wake-up call
Dr Amy Osmond Cook, co-founder; CMO, Fullcast; and co-author, The RevOps Advantage tackles five common myths about RevOps, explaining why it is more important than ever to get it right.
5 mins
October 2025
Indian Management
Trust-first leadership
Part 1 published in the September 2025 issue of Indian Management) of this Series explored how leaders are building competitive advantage through co-creation with customers, cybersecurity executives face their unique trust-building challenge. Part 2 explores how cybersecurity leaders are redefining organisational resilience, moving from prevention-first’ to resilience-ready’ strategies that combine AI capabilities with human expertise to handle massive threat volumes while strengthening stakeholder confidence.
6 mins
October 2025
Indian Management
AI to 'clean the system'
Al can play a huge role in building an ethical governance system by enhancing transparency and accountability.
5 mins
October 2025
Indian Management
A strategic advantage
Harness the power of personality diversity to boost performance, build stronger teams, and create a culture of psychological safety.
4 mins
October 2025
Indian Management
India on the move
India’s logistics sector is undergoing a paradigm shift towards multimodal systems, powering efficiency, sustainability, and global competitiveness.
5 mins
October 2025
Indian Management
The RevOps wake-up call
While Revenue Operations (RevOps) is becoming a fixture in many global organisations, from tech unicorns to multinational enterprises, many companies are still trying to separate the signal from the noise.
4 mins
October 2025
Indian Management
India Rising: The second innings
India’s meteoric rise on the global stage over the past decade is undeniable—but beneath the dazzling numbers lies an urgent need to confront the softer, systemic challenges that will define whether we truly become a developed nation by 2047.
7 mins
October 2025
Indian Management
The digital drift
Combating cyberloafing starts with trust, thrives on transparency, and succeeds through genuine employee engagement.
5 mins
October 2025
Indian Management
AI for a competitive future
With the aim of heralding qualitative metamorphosis in the Indian MSMEs sector and sharpening its competitive edge, this paper delves into the transformative role of Artificial Intelligence (AI) in turbo charging the growth and competitiveness of India's MSME sector.
6 mins
September 2025
Indian Management
Optimising the workplace
Work environment plays a crucial role in influencing employee well-being, productivity, and job satisfaction.
6 mins
September 2025
Translate
Change font size
