🚨 Health is Wealth Series – Day 2: Low Health Investment in India 🩺✨ Did you know India invests only 2.1% of its GDP in healthcare, the lowest among G20 nations? 📉 As a result, 62% of healthcare expenses are paid out-of-pocket by individuals, burdening the common man. 💸 Weak public healthcare systems push people towards expensive private care, making quality healthcare a challenge for many. 🏥 It’s time to recognize that healthcare is a basic right, and investing in it is essential for our future. Let’s make a difference together. Share your thoughts in the comments! 💬✨ 👉 Follow Aapka Care for daily healthcare updates and tips. Together, let’s prioritize health! 📲✨ Stay tuned for Day 3 of our Health is Wealth series tomorrow! 🌟 #HealthIsWealthSeries #Day2 #HealthcareInIndia #HealthInvestment #QualityHealthcare #AapkaCare
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India's economic expansion in 2025 is set to drive significant growth in health expenditure, making it the fastest-growing large emerging market. This growth presents vast opportunities for healthcare providers to expand services amid rising demand. Read the full article: https://ow.ly/4vu350UBECl #ConnectedThinking #Healthcare #India
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India's Healthcare Boom ✨ Building in India is a massive opportunity, but it's no cakewalk. Especially in healthcare: ✅ Fastest-growing market ✅ Growing GDP & aging population But... 🚧 No universal payment system 🚧 Regulations are tough 🚧 Face-to-face is still the norm Many entrepreneurs take shortcuts, going fully digital. But in healthcare, face-to-face is still the norm. Behavioral shifts take time—think e-commerce in 2008 Viren Shetty of Narayana Health #healthcare
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Listed out the % breakup of sectors in the market cap across countries to compare with India. One sector stood out - Healthcare. All major economies we are competing with have Healthcare companies with double digit market cap %, while we are at 4%. Firstly, as we grow, we can't afford to lose the productivity of our workforce. The simplest of things we can do to help growth. And secondly, we can't not take care of our ageing population (130 mil elder population today, which will be 260 mil in the next 10-12 years) - who might otherwise need govt support. Which will stress our public finances. Just these 2 simple precautions will avoid a few pitfalls in our bid to become a developed nation over the next few decades. Which is why, I guess, we'll see more healthcare companies listing and going public in India. We're already seeing more founders building for healthcare, and some of these, in an ideal world, should do well, and create value for the economy and investors who back them. Through Rainmatter by Zerodha Health we are doing our bit by supporting the founders building in the wellness space. Dilip Kumar is the man you'd want to speak with if you want to reach out. Or you can also reach out on health@rainmatter.com. Here is our Health portfolio - https://lnkd.in/gJXs_exg
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India is leading the global brain drain chart according to a report from Statista. Usually it’s because of better financial compensation, quality of life, and access to better healthcare infrastructure and healthcare R&D. The real question is, “Can India afford to do that?” NO, right? So, it’s high time for the policymakers and authorities to sit with stakeholders, and sort this out ASAP. Source: https://lnkd.in/gFs-yyhT
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What's exciting about the future of the health sector in India? Sanjay Ramakrishnan and Rohit M A, two VCs passionate about the Health and Wellness sector share with Dilip Kumar what's keeping them excited for India's future in this domain. The conversation also has deep insights into their experience and learnings from their entrepreneurial and investing journeys. (Link in the comments!)
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How much does India spend on healthcare compared to the rest of the world? 🇺🇸 US - 16.6% 🇨🇦 Canada - 12.2% 🇬🇧 UK - 11.3% 🇮🇳 India - 2.1%🤯 With the size of our population, spending on healthcare is still low. This leads to: → Long waiting lists Median waiting time for a general consultation is ~30 minutes in Public hospitals. For specialized treatment - it can even take >3 hours! → Rising healthcare costs Over 7% of our country’s population slides into poverty every year just because of increasing healthcare costs. → Skewed reach More than 75% of healthcare infrastructure is concentrated in urban areas, despite housing only 27% of the population. Hence, infusion of funds into healthcare becomes of utmost importance. This video by Clix Capital caught my eye. It is a story about Dr. Faizal who wasn’t able to treat his patients well because he couldn’t get access to a CT Scan machine in the district. Clix Capital helped in financing the machine allowing hundreds of people of his hometown to get access to the latest medical care. This is just one example of how giving access to healthcare outside urban India can impact millions of lives. The Indian economy is in a phase of progression. And, in this phase - investing in our human capital i.e. healthcare and education will be crucial. I see a lot more spending coming into this space. And with that, a lot of opportunities. Agree? #india #healthcare #financing #HarJazbeKeLiye #Collab
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🌍 Navigating Complexity in India's Health System: The Challenge of Performance-Based Financing 🏥 As we strive to improve health outcomes in India, the concept of performance-based financing (PBF) often emerges as a promising solution. However, it's crucial to recognize that this term can oversimplify a much more intricate reality. PBF aims to enhance health service delivery by linking financial incentives to performance metrics. Yet, this approach often disconnects from the complexities of decentralization within our health system. Decentralization is not just a technical shift; it involves a messy political process that varies significantly across different regions. When we treat PBF as a straightforward solution, we risk overlooking the diverse challenges faced by local health systems—such as inadequate infrastructure, varying community needs, and the political dynamics that influence decision-making. This oversimplification can lead to superficial conclusions that fail to inform effective policies and practices. To truly enhance health outcomes, we must embrace the complexities of our health system and ensure that our interventions are grounded in the realities of local contexts. By doing so, we can foster a deeper understanding of what works and what doesn’t, ultimately leading to more effective health policies that cater to the needs of our diverse populations. Let’s engage in meaningful discussions about how we can navigate these complexities and improve health systems for everyone! 💬🤝 #HealthSystems #PerformanceBasedFinancing #Decentralization #PublicHealth #India #HealthPolicy
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India’s booming #healthcare sector not only propels revenue & job creation but also ignites innovation & accessibility, symbolising vitality & progress. Learn more: https://lnkd.in/fAYd69Y #InvestIndia #InvestInIndia Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog
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India’s booming #healthcare sector not only propels revenue & job creation but also ignites innovation & accessibility, symbolising vitality & progress. Learn more: https://lnkd.in/fAYd69Y #InvestIndia #InvestInIndia Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog
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Did you know? Government Health Expenditure in India increased from 1.13% of GDP in 2014-15 to 1.84% in 2021-22. This #UHCDay, let's support sustained investments to ensure quality healthcare for every citizen. Observed annually on December 12, UHC Day underscores the importance of accessible and affordable healthcare for all. The 2024 theme, 'Health: It’s on the government!' highlights the crucial role of government investment in health systems. Join us in promoting strong, resilient health systems that improve the health and well-being of our communities. 𝐃𝐚𝐭𝐚 𝐬𝐨𝐮𝐫𝐜𝐞: https://bit.ly/3Bp6rZ8 CPHC Alliance #HealthForAll #UniversalHealthCoverageDay
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