Healthcare sector needs urgent reforms
| 0 |   |
|
Tweet |  |
India has 16 per cent of the world's population, 18 per cent of the world's mortality, 20 per cent of the world's morbidity and healthcare expenditure in the country is a miniscule one per cent of global expenditure. As one of the fastest growing economies in the world, we cannot afford to rank 171 out of 175 amongst countries surveyed by the WHO in terms of percentage of GDP spent in public sector on healthcare. In the same survey, India ranks 17th in terms of private sector spending on health which now contributes 4.3 per cent of the GDP spent on healthcare in the country. Amongst the BRIC countries India ranks the lowest with a 5.2 per cent of the GDP spent on healthcare while Brazil spends 7.6 per cent, Russia 6.1 per cent and China 5.4 per cent. It is therefore time that India drives its economy on....
More about Vishal Bali
Vishal Bali is the CEO for the Wockhardt Hospitals group in India and is responsible for driving the corporate strategy, value growth and expansion of the Wockhardt Hospitals chain across geographical locations in India and strengthening the international presence of the group hospitals. He began his career at Wockhardt Hospitals and during his tenure has held several positions of increasing responsibility. His expertise in management analysis and successfully integrating healthcare strategy, operations and management through information technology has resulted in award-winning services. Bali completed his Bachelor’s in Science and Master’s in Business Administration from Bombay University and has completed an advance program in Hospital Management from Boston. Besides serving on the board of Wockhardt Hospitals he also serves on the advisory board of Harvard Medical International. He is an invited member on the Strategic Initiatives group of Joint Commission International, US and on the Healthcare Council of the World Economic Forum.
Recent Posts
Archives
