Importance of Hospital and Healthcare Management
Healthcare is an emerging technologically advanced industry with high potential for growth in the coming years. The current growth of this sector in the overall economy is robust, with an expected estimate of $280 billion in size by 2020. The annual growth rate of 16 per cent has increased the dire need for a proper policy framework, infrastructure, and human resources in the sector. Read details at bit.ly/2w0aLaN This robust growth trajectory in the healthcare sector has called forth vast employment opportunities and significant economic development. However, such a steep growth has also led to myriad challenges and opportunities for improvement within the sector. Most importantly, the healthcare industry is witnessing the impact of technological innovations and strong administrative improvements in the success of every organization. This is why the future of the Indian health system relies on the ability of the hospitals and healthcare organizations to implement efficient