Updated on 4 September 2013
Further, Mr Murli Nair from Ernst and Young added, "When we talk about the reimbursement rates, there is a need for the government to focus on patients' safety and award incentive models for hospitals that work to provide good healthcare services."
The report has further led to discussion on the need for bringing public-private partnership into play, to achieve universal healthcare. "The number of people covered under the different government-sponsored healthcare schemes has increased from 37 million (in 2004) to 243 million (in 2010), and is expected to cross 500 million by 2015, which requires that the government has to spend $36.66 billion. For that, it requires to buy healthcare services from private health care," the report said.
The report also added however that the revenues from medical tourism have been constantly increasing in the country. While medical tourism brought $6.70 billion in 2010, revenues from this source are expected to rise to $9.11 billion by 2020.
"If the government relaxes the visa fee and makes away with the police verification procedure for people coming to India for health services, then this industry will be one of the largest revenue-generating sectors," said FICCI health services committee Chairman Sangita Reddy.