Cited by 1Healthcare Systems and ReformsHealthcare Systems and PracticesHealthcare, Law, Governance, and Management Studies

The Compromised Healthcare Sector of India and Other Southeast Asian Countries: Open Avenues for Foreign Collaboration

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Goswami, Manisha·2022·Advances in Finance, Accounting, and Economics

Abstract

This chapter aims to focus on the umpteen challenges in the healthcare sector of India which temper the possibility of partnerships with India and the 10 Southeast Asian countries. India's expenditure on the healthcare sector is only 1% of GDP, less than neighboring ASEAN countries. The Indian Government has privatised the healthcare sector. In the second wave of COVID-19, public and private hospitals are operating at full capacity with shortages of life-saving medicines, oxygen, ventilators, and vaccines. Lower middle-income groups and the poor are suffering the most. Nations of the world, medical scientific community, and pharmaceutical companies put their resources together to discover a vaccine for coronavirus within a year. To have an effective and sustainable model of doing business in healthcare, it is important to have partnerships and integrating best practices and innovations for improving and providing equitable and affordable access to healthcare.

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Crossref · 10.4018/978-1-7998-5774-7.ch012

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64 of 64 references verified0 citation errors · 0 not checkable

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  • Organizations that have a strong technology infrastructure and the capacity to keep it current are better prepared for AI adoption.

    “According to research, organizations that have a strong technology infrastructure and the capacity to keep it current are better prepared for AI adoption (Jarrahi, 2018; Goswami, 2021).”
  • Competitive pressure, organizational preparedness, and technological readiness could not establish relationships with AI adoption because availability of resources and commitment is necessary for structural changes, and government spending on healthcare was just 1% of GDP before the pandemic.

    “However, competitive pressure, organizational preparedness, and technological readiness could not establish relationships with AI adoption as the availability of resources and commitment is a must for bringing structural changes to the organization (Garrison et al., 2015); in addition to this, overall, the government spending on healthcare sector was just 1% of the GDP before the pandemic (Goswami”

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Authors
Goswami, M.
Affiliations
GLA University (IN)
Corresponding author
Goswami, Manisha
Venue
Advances in Finance, Accounting, and Economics
Publisher
IGI Global
Published
2022
Pages
226-248
ISSN
  • 2327-5677 (ISSN-L)
  • 2327-5685
OpenAlex
W3213474062
Cited by
1
References
64
Citations by year
2023: 1
FWCI
1.57
Type
book chapter
Language
en
Open access
Licence
cc-by
Locations
Advances in finance, accounting, and economics book series (publishedVersion, cc-by)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Finance › Healthcare Systems and Reforms
  • Health Sciences › Health Professions › General Health Professions › Healthcare Systems and Practices
  • Health Sciences › Health Professions › General Health Professions › Healthcare, Law, Governance, and Management Studies
Keywords
health sector, India, Southeast Asia, health care expenditure, COVID-19 pandemic, vaccine shortage, health partnerships, health care equity, affordable healthcare, pharmaceutical industry

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