Healthcare management is one of the fastest growing fields and is the third largest service sector in India. The industry is emerging as one of the promising sectors in the economy. Existing healthcare organizations are expanding by opening hospitals in new service areas and new organizations are entering with state of the art equipment, latest Technology and Marketing Strategies. Besides, India is also eyeing the global Healthcare market to emerge as one of the possible destinations for international patients.
According to Price Water House Coopers in its report, ‘Healthcare in India: Emerging market report’, revenues from the healthcare sector account for 5.2 per cent of the GDP, making it the third largest growth segment in India. To meet this demand for healthcare services and infrastructure, the country needs US$ 50 billion annually for the next 20 years, says a CII study. India needs to add 2 million beds to the existing 1.1 million by 2027, and requires immediate investments of US$ 82 billion.
An explosion of Technology has occurred that will require managers to have a new set of skills, coupled with knowledge of traditional healthcare organizations. The educational programme in HealthCare Administration aims to impart the knowledge of basic as well as specific areas of management to professionals responsible for management of healthcare service. To meet the educational challenges of this rapidly evolving field, the Healthcare Administrations programme provides students with a managerial and technical foundation for careers in consulting, Medical Products, Pharmaceuticals, Biotechnology, Financial Services, Venture Capital, Healthcare Systems, Health Plan Management and Insurance, IT Sector, Associations and Government.
Until recently Doctors without any Professional Management training were supervising and governing the Hospitals and Healthcare Systems. They were not only finding it difficult but were also unable to devote sufficient time for their patients. It was increasingly felt that the management of Hospitals and other Healthcare Institutions should be left to the care of professional managers specially trained for the job. The Government too is veering round to the view that Public Hospitals also need to be run professionally. However, there is a wide gap between supply and demand for Trained Healthcare Managers/Administrators to work for Hospitals, Pharmaceutical Companies, Health Insurance and Third Party Administrators and other healthcare providing organizations. Ashoka Institute of Healthcare felt the need of bridging these gaps in Health Care Administration for efficient Health Services delivery. The healthcare Management programs at Ashoka Institute of Healthcare are designed for students with a personal career commitment to improve the delivery of healthcare services and the development of related sectors such as health insurance and pharmaceuticals. Its curricula have been designed to address continent wide practices and needs. AIHC has developed and is maintaining a wide and strong network with various hospitals and organizations both Government and Corporate sector for the purpose of skills development of the students. Graduates of the Ashoka Institute of Healthcare Administration will have the academic grounding needed to move throughout health related industries at different junctures of their career and more importantly, will have life–long skills to respond to the fundamental changes that characterize healthcare.