Scope of IT In Indian Healthcare

Prepared By : Joydeep Dey

Contents

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• Objectives.

• Terminology.

• Facts and Figures.

• Healthcare’s Market Potential (Size & Growth).

• Primary Software Used in Healthcare.

• Importance & Benefits of Healthcare Management Software.

• Evolving India- The Cynosure.

• Key Opportunity Segment in India - Medical Tourism & Telemedicine

• HIS Vendor Survey

• Interested Foreign Investors

• Indian Policy Initiatives

• Conclusion

TERMINOLOGY

Healthcare is thePrevention, treatment &management of illness.Also preservation ofmental & physicalwellbeing via servicesoffered by medical,nursing, & allied HealthProfessions.

Information Technology is the study, design, development, implementation, support or management of computer based information systems, comprising software & hardware.

----Defn. by ITAA

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FACTS & FIGURESAREAS FIGURES

Global Healthcare Industry US $ 3.5 Trillion

Total Spend India’s GDP 5.7 % now & target - 6.00 % GDP by 2012

Private Sector Rs. 925 Billion

Public Sector Rs. 170 Billion

Industry Growth 12-15 % Annually

Demand Group Middle Income

Beds 0.7/1000 People

Extra Bed Needed 80,000/Yr for 10 Yrs

Extra Spend on Healthcare Rs. 2000 Billion by 2012.

Foreign Patient to India 12,000/Year

Infrastructure Required to match Developing Countries

US $ 30 Billion over 10 Yrs

Magnet Destinations Kerala, Gujarat & Mumbai

4Source -From project ‘ IT in Healthcare’

Healthcare Market Potentials

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India’s Health Indicators

No. of Doctors 5,03,900

Hospitals 15,097

No of Beds 8,70,161

No of Medical Colleges 162

No of Nurses 7,37,000

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70

2005 2006 2007 2008 2009

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60US$ bn

% of GDP

Per CapitaSource : E & Y, Economist Intelligence Unit

Software In Healthcare

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Electronic Medical Record Software• Comprehensive Report of Medical History.• Creates treatment plan, writing the process for transcription & proof reading correction.• Based on HIPAA compliant.• Based on experience of Physician, medical practices, & HL7 integration.

Electronic Health Records Software:• Patient Demographic Module• Appointment Schedule Module• Billing Module• Admin/Security Module• Messaging Module • Drug Interaction Module

Impact Analysis Software.• Checks invalid denials & underpayments by Insurance• Snapshot positioning of Business.• Reviews EOBs for Analysis.• Evaluates outsourced performanceGenerates Reports & Summaries.

Claim Processing Software• Provides professional, cost effective & high quality processor.• Improve CSAT, streamline business, Increase ROI & TAT.• Also translate HIPAA coded to generic term.• Made in compliance with Indian Healthcare Federations .

Practice Management Software• Achieves Increased Efficiency.• Combination of Financial, Admin. Claim processingBilling, appointment, etc….• Easy access to different locations with small window in 1 page• Access to data & system can be restricted.• Can update & create option in software too.

Benefits of Healthcare Software

I. Anytime and anywhere accessII. Easily customizable software.III. User- friendlyIV. Easily stored informationV. Patient’s history can be monitored.VI. Comparative analysis of performance vs. CostVII. Turn Around Time under SLA standardization.

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Evolving India - The Cynosure

• One of Largest sector in Revenue & Employment• Evolving Technology. Egs. Heart Disease,

Pre-Term Babies-1950 - 1990 (Neonatal ICU), Steroids, artificial pulmonary surfactant, etc…..

• Emerging Economy & market maturity of India.• Sound IT infrastructure & skilled manpower.• Established ITES-BPO market.• Talented pool of manpower for R&D.• Competitive Price for foreign patients.

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Key Opportunity Segment

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Hospital Services Medical TourismLeading CountryEst. USD 1-2 Billion/2012Growth-30%/YrUSA-Saves Cost, Canada-long appointments, Britain-National Health Service Wait

Pathology Services

Medical Devices

Tele Medicine80% conc. in Urban, 73% resides in rural.Exponential growth in Info & Telecomm, making India highly competitive.Govt. & Public Sector InitiativesLeading Players-Wockhardt, Fortis, MaxHealthcare, Asian Heart, Apollo

Health Insurance

Source- E &Y Research

HIS Vendor Surveys

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Vendor Product Name Year of Release

Product Modules Major Clients Price Range

Akhil Syst. HIS Vr-1,’94, Vr-4, ’07

F Office, EMR, Inv & Phrmy Mgmt.

Apollo (Bnglr Noida), Moolchand, RGCH-Delhi

On demand and module no#

BBNISYS Technology

eHMS 2007 Blood bank, Clinical Investigation

In Talks Rs 3.5 Lac/100bed

Birla Medisoft

B XenonHIM Software

2006 OPD Registration, Bill charges, Certif.. ICU Module

Kashibai Navale Inst of Med Sc.-Pune, Icon Hospital-Mum

Rs 5-20 lac

Designtech syst

Asclepius-Hospital resource Mgmt & Admin Systems

2002 >25 Modules like HIS, LIS, RIS

Guj Cancer Research Inst.- Ahm. Artificial Limb Centre- Pune

Rs 5L - 1cr

Source- eHEALTH Magazine

Interested Foreign Investors Parkway Group, Singapore Pacific Healthcare Holding,

SingaporeColumbia Asia, Malaysia

The Company is aggressively penetrating Indian Market. Its entered JV with Apollo to build Apollo Gleneagles, a 325-bed multi specialty hospital at a cost of US $ 29 Mn & with Asian Heart Institute & Research centre to set up specialized centre for medical excellence in Mumbai

This is one of Singapore’s leading healthcare provider, is coming up with Pacific Medical centre in Hyderabad in a JV with Vitae Healthcare Pvt. Ltd.. Two more medical facilities, one for women and children’s and other for stem cell bank are also coming up.

This has set up its first 75 bed hospital in Hebbal, Bangalore through the FDI route. The group has two more projects in the pipeline, 150 bed tertiary care bed hospitals and another of 75-100 bed in Bangalore.

11Source- E & Y Research

Policy Initiatives• National accreditation board to provide

accreditation to all public & private. Hospital to ensure “QUALITY” .

• Clinical establishment act by 2006 to make sure quality healthcare services.

• Govt to issue “Medical Visas” within month or less to promote M. T.

• 100% FDI through FIPB route

• Amending drug & cosmetic rules to include medical devices

• National Rural Mission launched in 2005 to provide effective healthcare to rural population

• Govt institutionalizing a mechanism of Public private partnership in healthcare.

• Federal Drug Authority

• Indian Medical Devices Regulatory Authority

• Expanding Public Procurement system of drugs, devices & vaccines.

• National Institute for Health Information and disease surveillance

• National Commission for Quality Assurance.

• National Institute for Health Research.

• Commission for Excellence in Medical & Health Education.

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National Commission Recommendations for Formulation or reorganization of Institutions

Conclusion

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Ayurveda MedicinesYoga Medications

Homeopathy

Acupuncture

AromatherapyNaturopathy