A medical technology park in the outskirts of Chennai city , exemption on customs duty on medical equipments and now tax rebate for hospitals coming up in urban areas and metros with a minimum bed size of 100, certainly positive indications of growth and will boost morale of the entrepreneurs who want to invest in infrastructure development in healthcare.
The long standing hesitation to invest in healthcare due to diversity in the business , dependence on various factors for success , longer break even period , costlier equipments , change of technology, and several other factors has seen motivating elements like above. This is just a start. The government has not only increased the health care budget to 22,300 crores ( 22.3 Trillion ) Indian rupees, but also taken initiatives to renovate the public healthcare in tertiary healthcare facilities, and continuing developments in primary healthcare.
Though this sounds to be impressive, we still have a long way to go. There is need of subsidies to small players like 20 to 50 bedded nursing homes which have good penetration and serve to a bigger crowd both below poverty line and middle economic class population.There are need of regulations which would not be stringent but would serve the purpose, There is need of a national commission to standardise the pay structure of all health care workers and diminish the disparities lying .
Hope we are moving to wards a real feel good, than telling ourselves "All Iz WELL"