Budget expectations – Healthcare Sector
Mr. Nilesh Jain, Investor. Co-founder. Advisor.
An industry expert and Co-founder, Clinivantage Healthcare Technologies (P) Limited
The biggest challenge in the Indian Healthcare sector is the delivery model, especially in rural India. We need to start investing in training more primary health providers and put more emphasis on delivering quality healthcare options and everyday basic medicine to those who do not have access to it due to the lack of infrastructure, medical practitioners and qualified primary healthcare attendants. We must prioritize on improving healthcare outcomes, building primary healthcare infrastructure, lowering costs via technology and addressing accessibility, approach & affordability.
I also see the need in strong support on the implementation of health information technology, which has the potential to save the India billions of dollars in health care costs each year. Increased investments, incentives and tax benefits on primary care infrastructure and technology is important for scale in India.
Budget should support expansion on digital healthcare, data flow, & invest in new data-driven tools and policies that reward improving the quality and value of care. Doctors, hospitals and entrepreneurs are demonstrating that startups in healthcare can bring smarter, better, more accessible and more proactive care; showcasing the best way to improve quality and control health care costs.