Growth analysis of healthcare market is getting more complex by the day due to increasing numbers of the aging population, the prevalence of chronic ailments and exponential growth of digital technologies. These factors are creating more complex demands by the patients and caretakers and also increasing healthcare expenditures. As hospitals are major contributors to clinical revenues, analysis of
Pharmacy Supply Chain Management
Pharmacy Supply Chain Management
The pharmaceutical industry is the backbone of the healthcare industry. Without the pharmacy industry, the wheel of healthcare will not run. Even in a hospital, no clinical services can be provided without pharmacy supplies. So, the basic onus of empowering healthcare is with the hospital's pharmacy.The efficiency of a hospital and the effectiveness of its healthcare delivery depend
Importance of Risk Assessment in Hospitals – Everything You Need to Know
Importance of Risk Assessment in Hospitals – Everything You Need to Know
Risk assessment, in simple words, can be defined as the process of evaluating the possible factors that could go wrong, if they do how badly? Identifying the hazards and recognizing the risk factors and the associated risks are the major tasks in risk assessment. The assessment is instrumental in devising the risk management strategy which is the predefined
Consumerism in Healthcare
Consumerism in Healthcare
Gone are the days when the doctor's words were considered to be from the unwritten Bible- to be heard and followed verbatim. Today's patients are more knowledgeable, aware and enlightened. They want to be fully conscious of their own health decisions. Welcome to the era of patient empowerment and consumerism in healthcare. What is meant by "consumerism in
International Hospital vs. Indian Hospitals
International Hospital vs. Indian Hospitals
Everyone thinks that healthcare is the same throughout the world. But unfortunately, not so. Although the tenets of healthcare and its founding principles are universally the same, the quality, cost and time involved for treatment vary geographically. India is the forefront of quality healthcare, offering clinical services on par with the rest of the world. albeit at a
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