KWIN City: Healthcare startups can cut healthcare costs, says Dr Devi Shetty
Narayana Health (NH) chairman Dr Devi Shetty on Thursday said the presence of healthcare sector startups and other health infrastructure in the upcoming knowledge, wellness and innovation or KWIN City near Bengaluru would make healthcare services affordable.
A large healthcare setup can bring down the costs due to the volumes, enabling economies of scale. India needs one million more doctors, two million more nurses and three million more beds, Dr Shetty said, speaking at a panel discussion on «India’s Next Hub of Innovation: Karnataka’s Blueprint for KWIN City Development,» session, at the Global Investors Meet (GIM).
Only 30% of the world's population has access to healthcare services, while the remaining 70% find them unaffordable. KWIN city, he said, could emerge as a training hub for doctors, nurses, and paramedical staff on a large scale, and help them tap overseas job opportunities.
There is a demand for these skilled professionals in many countries, he added. Bengaluru has the best resources in terms of talent for KWIN City to succeed. It should emerge as the training ground for budding professionals.
A massive investment of $30 trillion is needed to provide satisfactory healthcare to all. In this context, instead of providing healthcare services after people fall ill, the stakeholders must look at initiatives in preventive healthcare, he said.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial
