Why are Private Equity firms buying out Indian Hospitals?
ฝัง
- เผยแพร่เมื่อ 8 พ.ย. 2024
- The Indian healthcare sector is attracting investments at a record pace. But does this mean something might change for patients like you and me?
Check it out on this video and don’t forget to subscribe to FinshotsTV!
![“อ.เบียร์ คนตื่นธรรม” มาตามคำเรียกร้อง แหกศาสตร์ฮวงจุ้ย เตือนสติอย่างมงาย | แฉ 7 พ.ย. 67 [1/3]](http://i.ytimg.com/vi/5fc4S3xBNfc/mqdefault.jpg)
One of the main reasons the American Healthcare System is such a sad joke is because of these PE firms. Don't let them come to India. Private healthcare is still affordable to the middle class with health insurance. But these firms would change the scenario in the long run.
Exactylyyyyy, bro spoke faxx
You said nothing. They are already in India 🇮🇳 and spreading by expanding throughout more of India and the world 🌎 PE WILL LOWER OR RAISE COSTS for all of us….❤
@@greatestever8169 PE firms are effectively a bunch of mercenary bean counters whose only interest is quick profits so that they can exit. Often they will strip all the value out of a business and leave it in shambles by the time they exit. In an effort to increase prices and lower expenses they will insist doctors prescribe tests that aren’t required and introduce subcontractors for nursing staff. Post operative care which is essential will suffer. Doctors will be asked to bring in patients and perform surgeries even when the patient does not need it. The worst sufferers will be the poor and middle classes. I hope the government introduces policies that act like a deterrent to future PE firms.
They have already come. They will shock the public through false flags, lobby laws in favour of price gouging and next day you will pay Rs 20,000 for a blood report.
PE firms are money sucker. they reduced everything into disaster. their moto not to improve or innovate. They are East india company. why are govt is allowing such evils in india
I myself is owner of 2 small hospitals .which are run and managed by me ..
But ..now ..these corporates have set such high standards of protocols ( by influencing the government policies) ..that the small hospitals won’t be able to meet ..Eventually,,the micro health system will vanish ..And only the large corporates will be left ..Ultimately ..the burden shall fall on the patient and specially middle class ..
Smaller hospitals are not allowed panels,forcing the patients to move to big corporates and land up finishing the card limits and also held co pay
God save the system ..
How about creating collation of small hospitals to pool their resources and streamline the treatment by making sure one small hospital only deals with one speciality other than general OPD and transferring the case to other partner in the coalition who specialises in it. It will also help them in getting into network of insurance provider which might be difficult for an individual hospital.
That’s not gonna happen as long as we have government and community hospitals
Dont worry, their per day bed fees will be so high that Insurance wont be able to cover it. People will flock to your hospital, keep up the good work.
@@hrishikeshjaiswal Where is the government? This is the most important time for the government to intervene but it seems like they are giving green signals to PE because maybe some of the lawmakers and politicians are promised certain favours in return.
Dear sir, the patients usually really upon their health insurance. So please don't worry.
Great report! Very relevant to current events in the US. The US health system sucks too, for many reasons, the issue of private equity firms being one. In many cases private equity firms are owned by unknown investors , without a clear face to top management. This leads to poor accountability. Long time employees at Steward hospitals in Boston have been affected by such mismanagement, and as was mentioned in the video, Steward is in deep trouble right now. Its CEO was subpoenaed by congress, but he did not show up. He faces possible contempt charges. Private equity firms in the US also own many nursing homes, dental clinics, and other secondary and tertiary health care facilities. The central objective in all these is profit, at the expense of patient care. I hope the Indian government will take heed of this terrible trend and act quickly. The US system of health care is a poor model for India.
Glad you liked our video! You put up some really compelling points
Indian government is sleeping and the bureaucrats are busy loading money or keeping happy the NGOs and foreign entities.
Recently one of the Doctors that we used to visit, shifted to Max Hospital Dwarka, New Delhi...To our shock, his behaviour in terms of how he used to treat changed completely as he kept on emphasising on "Get Admitted, else it's very risky" " Also seek psychological counseling, it helps" and number of tests that he wrote, that he never ever suggested in previous visits ever...All the change was due to change from Venkateshwara Hospital to Max Hospital Dwarka New Delhi 😢
This is what PE funds excel at....
We should not allow private equity in the healthcare sector. Otherwise it will be disastrous!
That modi"s trillions dollar economy..would not be successful if it doesn't get investment from foreign. So they have to compromise on people..
Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Health care should have never been a profit making industry.
Profit and greed costs life 😢
Indian public has been seen claiming things like this before most elections nowadays "Mandir is priority, if people start going to temples they will not require hospitals". While proudly thumping their chests. This country is doomed. In the name of religion they've allowed themselves to be ripped by the govt.
Hence, Indian govt spends less than 2% on healthcare.
Heck, with so many train accidents happening, people still don't want to question their beloved govt. Hardly anyone has traveled in vande bharat but they love boasting about it on WhatsApp while themselves travelling in overcrowded poorly maintained Indian trains.
By the time people will actually start understanding the value of real issues, it would've already been too late.
I understand what u say... Y only 'temples' come. Muslims go to 'mosques' there is no problem. Christians go to church there also no problem. Offcourse they can go we don't have any problem with it right. But y ppl like u always have a problem when we Hindus to go our temples...? Isn't this height of hypocrisy?? If ur talking.. talk about all regions or never talk about any... Infact the money wat we Hindus donate to the temples are taken and controlled by govt. Y so? Y only temples?. Wat u said about real issues is fine... But when u talk... Only talk about real issues. Please don't mix relegion... That to targeting only a perticular one. Btw 'the temple' which u try to tell is built by the donations of the ppl of this country... Especially hindus... The govt has not built it in people's money. If ur sensible ull understand wat I'm telling you.
@@devashishgole4722Chamche ho kya 😂
@@Jaibajrangbali1709andhbhakt tumhare popo toll tax 3 times badhane ke target me lage hai... 🤡🤡
Adani amabani ki company par tax 22%
Personal income par tax30%... Jai ho modi😂
@@rasingh6893 2-2 chamche 😂😂. Ek aaya dusre ko defend karne. Aur ambani adani ki baat naa karo to hi theek hoga. Ek vacancy nikalega adani to tu apna RESUME leke doodne lagega peeche peeche 🙏🏻🙏🏻
KIMS Hospital in Trivandrum is reputed as the best healthcare provider in Kerala and one of the best in South India. It attracts not only patients from South Kerala and neighbouring Tamil Nadu, but also from Maldives and other countries, promoting Medical Tourism. Last year Blackstone acquired KIMS and already we can see the impact - the consultation fees have gone up by 10-20%, almost no discounts for in-patients and it is a pain to return any medicine ! Definitely when profiteers enter sectors like Healthcare it ruins not just the reputation of the hospitals but also care quality. Govt. should regulate investments in sectors like Healthcare and Education. It is time we recognize the nobility in these noble professions
Agreed
Lady…you’re reading it wrong. This is start of the slow death of the Indian medical system ( which is already commercial AF). Pretty soon we’ll need insurance to be able to afford medical care. We’re getting screwed. They aren’t making investements to help us.
That's exactly what she said at the end. Atleast watch the full video before posting your opinions.
@@shubhamnarayan2077oh…I didn’t know how TH-cam worked. Thank you Internet man
Health,education should be
Under state control
but state also need "good" people to run the system. They should focus on hiring "good" people.
you could do that by going only to govt hospital.
@@AnonUser6969 I know that but the facilities provided by govt hospital are pathetic that need to upgraded govt should spend more budget on health .currently on around 1.4% of GDP goes to health where as OECD countries around 8% of GDP
Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
India's healthcare is still costly for many Indians. Government should put cap on investments by these PE firms otherwise it will be difficult to manage healthcare expenses for low income and middle income Indians.
Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
@@garymacek4904All of these problems u mentioned happens because those PE firms rigged the system through lobbying.
@@garymacek4904cost for a hospital bed is around 20k you can increase the capacity by just infusing 10 lakh doctors are already less required as most of them are trainees
This is really concerning! But we cannot just go down the route of imposing an outright ban on pvt equity Investments in healthcare sector of India. We need to also pay attention to the abysmally low quality and bed availability per 1000 people and without monetary incentive pvt sector won't really do anything to fill that gap. Even though its the primary responsibility of govt, they've anyways failed at it. Before even thinking of imposing restrictions on pvt healthcare providers we first need to upgrade our public healthcare infrastructure which is as good as a third world country. Otherwise India would always continue to lack good quality healthcare. Easier said than done but govt should somehow make the MLAs and MPs take basic treatment in hospitals of their constituency unless that procedure is not available there. Maybe that gives some push to healthcare infra on local level.
This video must reach our regulators, this needs to stop !!
We must stop Private Equity firms from destroying the already fragile healthcare ecosystem in India
Lol you think they care, they own the larger ones already
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Wow that's scary. Nice work... Subscribed.
Yes, this is what happens when we, as individuals, don't take responsibility towards ourselves and prioritise our health over other things, on a daily basis. Everyone has a family and each one owes atleast this much to their spouse and children
Only the government can do something like curb PE investments in the health care sector. I hope India's population don't have to face the same situation as Americans where people cannot afford healthcare. 😢
Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
While in the short run the healthcare facilities, I hope, would both expand to cover the left out strata of the society and enhance to do advanced R&D, in the long run, these PE firms would end up inflating the prices. Would be interesting to see how domestic investors view this opportunity.
Stop being dumb. They're gonna kill off Indians
Interesting video. It is good that you'll captured the global perspective as well. Hope we don't land up in the same situations now that PE investments are lead by Indian HNIs as well.
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Well put video, kudos to the team!
India's rural population is over 60% so when a metric like hospitals per 1000 patients is used it can be interpreted incorrectly. The metrics will not reveal the real problem which is that hospitals are more needed in rural areas. In the larger cities hospitals have proliferated and there is no dearth of medical care. Will these PE firms be interested in setting up hospitals in rural areas ?? Very doubtful as their main purpose is to offer their investors better returns. Medical services here are still much cheaper than abroad. Their only interest will be to raise the cost of medical services. This will have a dual effect... We will end up paying more and the medical tourism industry will be finished once the cost advantage is removed
Your argument makes no sense. The PE model is dependent on lowering costs and adding services. Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They don’t have a clue how to reduce costs, they just know hoe to set caps that decrease investment. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
PE guys playing in Indian Healthcare is risky for long term patient benefits.
Increasing the govt beds with better quality is need of the hour .
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Make next video on: how to invest in a PE Firm.
How to choose, what to look out for and what to avoid.
Definitely when profiteers enter sectors like Healthcare it ruins not just the reputation of the hospitals but also care quality. Govt. should regulate investments in sectors like Healthcare and Education. It is time we recognize the nobility in these noble professions
I see an opportunity but, will have to consider regulations & market data before execution.
As for what's gonna happen in India, we are well en route to the same tragedy as US. The GoI will enhance its Essential Medicines List over the years and these investors will flee with the same speed as their arrived.
Strengthening the Primary Health Care is the only stable option for us, no matter how implausible it may seem.
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Can you explain with complete analysis regarding investment nps category 2 i.e hdfc pension fund and normal sip hdfc mutual fund
Private players having too much share in an unregulated or poorly regulated sector is bad for public like you and me. We have a textbook example of what happened to telecome sector, where Jio and Airtel are now competing to raise prices while BSNL is on life support.
*This comment is made through Jio 5G, thank you Ambani ji
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Quite informative video, also highlights need for insurance going forward 😊
Why there's no cap on percentage stake holding by foreign based PE firms in Indian hospital chains.
Quality of service has and will go down, cost of Hospitalization, Diagnostic tests and OPDs will go further up!
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Govt of India has ignored investment in healthcare for general public.
This is bound to happen.
Now these investment companies will control India’s healthcare system and hospital industry.
It is just a short time where Adani and other big industrialists also enter and take advantage of absence of govts attention to healthcare industry in India
There r two exyremes now...govt medical care with msme devices bad quality medicins medicines and substandard services on one side and 5 star hotel hospitals with branded medices and imported devices.will politicians take substandard medicines when they get sic
The question answers itself. Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Last eight months back (12-12-23) I visited care Banjara hills hyd for medical faculty and again recently (10-10-24) when I visited, I noticed a drastic change in their infrastructure, interior, ambience and washroom facilities etc....this change could result in the patient fees structure and other hospital expenses, that finally cause a huge hole on the patient's pockets....
Excellent overview and awareness of these predatory companies
Nice to see Finshots being active on TH-cam. Just a suggestion: I know you guys focus on written stuff, but it'd be cool if you put out more videos on TH-cam. It's easier to watch videos than read sometimes. Keep it up! ❤️
but Reading is a good habit 😅😆🤞🏽
Informed coverage! KeepSmiling 😊🌺
From being a regular reader of Finshot to a viewer.
I love the narrative way of News and simplification of Jargons.
There is a suggestion from my side, The movement of people in background seems so unprofessional.
Thank you for the suggestion! We’ll try to work on it
even I find that very annoying. We can literally see them talking on phone or making some actions. just change the place where you shoot your videos.
arre yaar itna chalta hai , btw nice video
Seriously I didn’t notice
Good content but the topic is more focused for learned and financially educated audience so the research work and thorough analysis is needed to have better impact on audience.
Thanks for the valuable information...Can u also tell us about venture capital
Keep your reading screen aligned and a bit centred to yourself, your eye movement and the direction of your look gives out you're looking somewhere else than the centre camera.
Take example from 'Think School'
Plus so many cuts, keep the flow!!
Mam could you please on subtitle in English I will be good for us 🎉
PE investment is not short term. It’s usually for 10 years.
Increasing PE in Indian healthcare could also mean that India can become better integrated with global healthcare industry, and become a regional/global hub for quality medical care related value chain opportunities, medical tourism related opportunities etc... if anything goes south with Indian healthcare/hospitals, PEs alone will surely not be the reason for it... PEs only respond to 'market opportunities' and maximize their returns (so do we with our investments, isn't it?!), I see nothing alarming in it, atleast not as alarming as u folks make it sound in this video...
Pls do think through your content (esp when it's likely to give such radical narratives) from a broader macro perspective...
I generally really like your content, it's super informative, and helps to cut the clutter on complex news in simple words...but this video is a bit of an exaggeration.
Keep doing your good work, Finshots team!
Nice spin 👏
@@sumanamjs, Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Facilities will increase, so do bills and medical insurance premiums. Since the increase in cost of living is not reflected in wages paid, the difference between rich and poor starts to grow more. The middle class might get pushed into poverty.
Let make our government aware our government hospital are heavily mismanaged less staffing even mbbs doctors not thought properly while internships,culture in medical college is toxic for post graduation resident doctors which has loss to our economy.Students who pursuing medical education are 0.5% student and they feel toxicity in their study how will they treat patient further?now government has stop to open 100% government medical colleges. Now it is difficult thar Some lower middle class person"s son or daughter become doctors.
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Yes. Medical is cheaper. Sell Insurance and make it expensive.
Awesome video. Makes you wonder if there is no guardrails for foreign instruments buying out Indian health industry.
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
You're going very fast. If you slow down a bit, it would be easier to understand.😊
Nira radia also runs a hospital in mathura
Great work
Please keep it up
Any comments on the Senior Care Institutions joining hands with PE firms like Ranjan Pai and US based Columbia Pacific?
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Blackstone!? Care and Kims? 😮
Thanks for the info
Are they rushing to invest in these hospital chains or the hospital management is running to them for funds to expand ???
Aren't the current owners going to try and make profit?
On the other hand, a PE firm might be able to bring in experiences from other sectors and other hospitals to the table which the traditional owners may not have. Why aren't we considering that aspect?
Worst case scenario these PE WILL HELP LOWER COST FOR ALL OF US WHEN THEY OWN MAJORITY OF ALL OUR HOSPITALS 🏥
Or the opposite 😅
Start a hospital then sell to private equity firm then we will have all the money to take any treatment without insurance
Nice content!
What is the future or what would happen to gov sector health care.how would it affect the sector and the health workers
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
@@garymacek4904 u have put it well, thank u sir.
Are there any actual success stories because of PE? When the hospitals close out did the PE still make profit?
Please make more holistic videos with pinpointing the issues in the reward system
Good video 🎉
Good analysis, hospitals should be run by Doctors who are empathetic to their patients.
Why?
Because a mba won't pressurize the doctor to achieve targets which will finally lead to unnecessary treatment and investigation.
@@Abhisheksingh_102 , Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
This is going to be disastrous for Indians. See how difficult it is for the normal Americans. They will sell high priced drugs.
Thank you for the video
As a doctor I can safely say that in future there will be premium opds by practitioners and large hospitals run by corporates.
The private practitioner lives easily without any risk and refers the patient to the hospital when required.
The hospital carries the burden of the patient. The patient foots the bill. The doctor lives comfortably.
Get ready for increased premiums.
Long time finshots reader, First time watching this, much needed alarm!
It is a bad business and eats into the ethos of the noble profession. Dr M Ramaswamy
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
So far Indian Healthcare is best and cheapest across the globe...
Even COVID was managed best amongst major world countries in India itself...
How can you say the “cheapest and best” when talented Indian doctors are fleeing to other nations at India’s expense. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients. But the vast majority would prefer the healthcare in these countries.
Only people to suffer from this is middle class paying high bills as a result..😢
Agree, PE invest to make money they don’t care about people and it’s pure business for them. But why government allowed more then 50% stake
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Already got the taste of it as for my minor shoulder muscle problem, my trusted CARE hospital doctor straightaway recommended surgery costing upwards of 2.5L. I didn't listen to his bullshit and it is healing on its own. But for how long we can avoid it?
Bruh I was soo surprised when the hospital my dad goes dialysis to for a year charged less under insurance and the moment my office insurance changed from one provider to another, unfortunately the other one is not covered in the current hospital they charged me twice the insurance amount in cash......they don't even care if you have one yr relationship with them they just cheat you in plain sight shamelessly which really surprised me, ofcourse we claimed min and changed hospital which covers insurance now but if you or your family doesn't have insurance then you're doomed man 🤷
Super
When a doctor opens a hospital, he focuses on treatment than luxury, the reverse happens in corporate hospitals. Again the corporate only focuses on money
this would be disastrous for indian healthcare. Indian healthcare is one of the cheaper ones when viewed on a global scale. And with these PE interventions the cost will rise or the quality will decrease.
Great video 👍
Just wondering government must have some department monitoring these type of investments, shouldn't they take some action and maybe put restrictions on some basic industries like defence, healthcare to be free from monopolies or outside intervention
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
now i know why all insurance companies want to get more people to pay for health insurance scam.
This should start here .. private equity have spoiled American healthcare.
This is a truly uninformed statement. The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
People to be blamed....
I am a Doctor /surgeon... I own a clinic,which is reasonably well equipped to handle emergencies... The services are very affordable costing just 30% of cost of corporates for the same service... My op is ₹400... In corporate my op is ₹1000. But still people don't come to my clinic. Even if they come, after getting everything done they move on to "Bigger" looking hospitals.. Now a days it became very tough for me to get the patient to my clinic. Patients are attracted more towards fancy publicity, pseudo ambience, flashy interiors... No one is caring quality work, skill and knowledge of the doctor.. They only care about looks... Looks of hospital, doctor, staff etc... Hence I am left with no choice except to join the corporate hospital...I don't have money to build a hospital like that... For that matter even the filthy rich doctors can't in present situation... Indian doctors are the most exploited educated population in India... The clinics and nursing homes are not at all viable now a days. Ultimately common man will suffer. Without insurance it will be doom for common man.
Newsflash: covid played havoc on US healthcare system as well. Host should note this fact
Correct! The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
Best channel on indian TH-cam
ya , agree
We should let these healthcare PE investments. I believe if the number of these bad hospitals will increase, the free market will lead to a rise in cheap and good hospitals too. That is the beauty of free market. Many will lose, but overall it will be better .
why do we and our governments let PE firms with such a bad track record invest in India ? We would give jobs to people with a gap in their CVs but we want our affordable healthcare system in the hands of people who are terrible at handling a service industry that impacts the life and well being of the whole nation ? where is the logic here ? Where is the accountability? who is playing on the court for people's well being and interests ?
they want us to have more expensive as well
You guys talk of Healthcare professionals but their wages are too low.
Especially doctors study for years with stress without proper sleep yet the government gives shitt
Correct! Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight).
Why government allows PE firms allow them to have stake in healthcare sector?
"Health is Wealth"... your health is our wealth... am sure our government will not do anything about this
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
@@garymacek4904 Point is about medical business. People are living poor quality life with multiple illnesses. The food, lifestyle and unnecessary medications given are the main cause. If science is advancing we should be getting less sick. Only thing I can see advancing with science are bank accounts of the pharma, hospitals and Doctors. Investors are there to reap a great profit and what profit does a healthy person give to the investor.
Scary stuff
Good content. Unfortunately mainstream media and most people are busy discussing religion , god, etc
And at the end, the doctors are beaten up.
The culprits are the suited bosses in the upper floors!
Indian “regulators” are corrupt babus who are responsible for talented Indian doctors fleeing to other nations at India’s expense. They are behaving like the “suited bosses”. They are also limiting India’s economic potential. Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Most government run hospitals in the country are not good quality. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
They already own big piece of chunk in our healthcare system . Our policy makers are silent , still no control/ capping on prices and PE firms. India majority population comes from middle. Or lowr. Middle clas .how could we survive these incusion in the system and mass impact on our people
Without private investment, how do you expect India’s insufficient hospital bed capacity to grow? Are going to go to a shabby government run hospital if you had a choice of an Apollo hospital? Most government run hospitals in the country are not good quality and regulators don’t have a clue on how to run a hospital. They just know how to collect a pension. India’s private hospitals are better for many health conditions. There should be more of them (with some additional oversight). The problem with US and Canadian healthcare goes well beyond mere Private Equity: Inefficient Insurance Systems, Over Regulation, Fraudulent Malpractice lawsuits, Overwhelming student debt for Doctors and Medical Professionals, Poor nutrition and other healthcare practices by patients.
The bottom line is Corporatisation of hospitals has always been a death to healthcare.
I have a contra view, with increasing competion. Health care might improve.
No
Bs. They go for stealth consolidation to jack up the price.
Thoda hindi language bhi add kardo....i wish your subscribers will get 10 time
NO this is bad news, we do not want to pay outrageous fee only to get medicines for cough and cold like that in USA.
PE should not be allowed in mainly healthcare department. They have the highest greed and here patient is the commodity. Imagine the exploitation the patient has to go through. In US, atleast there is a middleman called insurance , who distribute the exploitation impact. In India even that safety net will not be there.
There are 19 lakh beds which are 1.5 beds per 1000 population. Seems like factually incorrect data.
First they will add more no of beds to hospital then they will create patients for the beds
See you on the otherside? 😐
Hospitals have become totally forgot profit .
Even for small issues your complete savings are gone
Yes, Indians should take better care of their health. They have some of the worst health drivers in the world: high sodium and fat diets, poor hygiene, environmental pollution, poor air quality. And yes …. They should save more for healthcare in their older years.
Greed is coming to mess up the healthcare setup in India.