India has evolved as a high potential healthcare destination across the globe, owing to its large pool of well trained medical professionals, significant cost advantages and collaborative research and development environment. The healthcare industry comprising of hospitals, pharmaceuticals, medical equipments and supplies, medical insurance and diagnostics has been showcasing tremendous growth rates over the years.
Hospitals largely generate revenue from inpatient department and outpatient departments. In most of the hospital, the share of inpatient and outpatients is usually in the ratio of 1:9, however, in terms of revenue generation, the ratio is more skewed towards inpatients which on an average account for approximately 70-80% of the total turnover of a hospital in a year. However, this share can vary depending on the types of services offered and the ailment mix.
Changing face of hospital industry worldwide is largely determined by the infrastructural developments and rising need of inpatient and outpatient services. The industry rolls over a country’s fiscal stability considering heavy hospital expenditures which are born by the insurance companies. The rising incidences of chronic illness, need for specialized medical services, advanced surgical facilities and other health care facilities have been creating a pathway for investors in hospital industry. Hospital category features inpatient and outpatient services, operating room services, pharmacy services and more.
Ken Research Hospital category includes comprehensive coverage which describes technological advancements, number of beds, number of patients, availability of specialized hospitals, government healthcare reforms, upcoming projects on global and country basis and more.