I kid you not.
This absurd pricing where 90% of Cost Price will simply go to Hospitals & Insurance companies as their profit is a situation which is already a reality in some private sector hospitals.
This translates into unaffordable or insanely expensive procedures.
This absurd pricing where 90% of Cost Price will simply go to Hospitals & Insurance companies as their profit is a situation which is already a reality in some private sector hospitals.
This translates into unaffordable or insanely expensive procedures.
https://twitter.com/sujakrao/status/1430377660794896392
When Foreign Investors or funds make & are allowed healthcare acquisitions worth 1000’s of crores (90% of large scale private hospitals are now owned by these investors) how can we expect that the cost of healthcare will remain rational?
These healthcare acquisition costs are a direct indication that these investments are considered profit yielding entities & by a common sense business corollary you are not going to do a 1600 crore acquisition to do charity & they donot do charity.
Billing process is increasingly becoming opaque, arbitrary & lies in the hands of management which is expert at playing hide & seek. Procedure costs of procedures like simple angioplasties are becoming unaffordable for even the urban rich or middle class & this is just beginning
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