IES Management College And Research Centre

Understanding How Markets and State Action Shape Costs and Prices of Healthcare in Post-globalization India: A Study of High-end Imaging Services in Kerala (Record no. 52932)

MARC details
000 -LEADER
fixed length control field 02748nam a2200205 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20191125150345.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 191125b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Thekkekara, John Varghese
9 (RLIN) 35086
245 ## - TITLE STATEMENT
Title Understanding How Markets and State Action Shape Costs and Prices of Healthcare in Post-globalization India: A Study of High-end Imaging Services in Kerala
300 ## - PHYSICAL DESCRIPTION
Extent 394-406 p.
520 ## - SUMMARY, ETC.
Summary, etc Globalization has pressurized the developing nations to open their health sector for profit-driven private investors—both domestic and foreign. In a private sector dominant unregulated healthcare market like India, the service providers are free to determine the fee for services. In the present policy context of the role of central government shifting to strategic purchasing of services from the private sector (National Health Policy, 2017) and discussions on regulation of prices in private healthcare markets, an understanding of the cost of services and its relationship to prices is essential. Very few attempts have been made to estimate the cost of advanced diagnostic services; those done have most often used the traditional costing methods. Bottom-up micro-costing method which is considered as the gold standard in hospital costing is used in this study to estimate the cost of three services: CT scan, MRI scan and Cath-Lab in three districts of Kerala. A comparison with the per capita income of the population is also attempted to analyse the contextual differences in costs and prices.<br/><br/>Using the bottom-up micro-costing method, the lowest estimated cost of service for a brain CT scan in Kerala is ₹667, for MRI scan of the brain is ₹1,177, for angiogram is ₹4,344 and for Angioplasty is ₹11,291. The costs of services are higher in locations of lower per capita income. However, the price for services is higher in locations of higher per capita income. The market prices appear to be driven by commercial interests that decide on what prices the market can bear, rather than on competition or costs of producing the services. The presence of public facilities offering the selected services at a certain fixed rate influences market prices by influencing private players to limit their prices at a level very close to the public co-players—but prices in public sector are itself significant—and could be exclusionary.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Globalization
Uncontrolled term pricing of medical services
Uncontrolled term high-end medical devices
Uncontrolled term costing of medical services
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Thiagarajan, Sundararaman
9 (RLIN) 31269
773 0# - HOST ITEM ENTRY
Host Biblionumber 29022
Host Itemnumber 77393
Main entry heading SAGE PUBLICATIONS
Place, publisher, and date of publication NEW DELHI SAGE PUBLICATIONS 2012
Other item identifier 55511169
Title JOURNAL OF HEALTH MANAGEMENT
International Standard Serial Number 0972-0634
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 25/11/2019   Vol 21, No 3/ 55511169JA5 55511169JA5 25/11/2019 25/11/2019

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM