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Monday, October 8, 2007

Hyderabad to host CII health conclave on Oct 9

The CII healthcare conclave coming up in Hyderabad next week will highlight the need for quality and affordability of medicare in the country as the sector continues to boom.

The conclave to be held by Confederation of Indian Insustries (CII) on October 9, 2007 will also press for industry status for the sector. “For a long time healthcare has been considered an unorganised industry with doctors turning entrepreneurs. The industry today is the largest employer and demands an industry status,” said Mr Vishal Bali, conference Chairman & CEO, Wockhardt Hospitals Group.

“As a fast growing economy we need to focus on the healthcare sector. Today, the healthcare expenditure in the country is 5.2 per cent of the GDP and only 0.9 per cent of its gross expenditure, which is the lowest in the world. There is a huge need for investments to improve access to basic healthcare and fill the shortfall of approximately 8,00,000 beds in the country,” he added

The conclave will focus on improving gaps in bed strength, medical and paramedical staff, news technologies, investment and financing models.

The fifth in the CII’s annual national service sector conclave series is titled `Healthcare services: next practices and mantras for survival’.

The Andhra Pradesh Minister for Medical Education and Health Insurance, Ms Aruna Kumari Galla, is to participate, Key players across the industry will include Apollo Hospitals, Wockhardt Hospitals, Satyam Computer Services Ltd, Arvind Eye Hospital, Max Healthcare, P.G. Hinduja National Hospital, Yashoda Hospitals, insurance regulator IRDA, Star Health, Kotak Mahindra Bank, Citibank, Johnson & Johnson Medical, Philips Medical Systems, GE Healthcare Technologies.

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