Standardising the Hospital Service Pricing.

I am sure that such system of standardizing the pricing of healthcare services is the need of time as the cost of healthcare services are increasing day by day & unethical practices are all time high.

Such system will support good hospitals that are catering patient friendly cost effective services.

Its crtical to have a meaningful comparables between the Service/Care providers before applying the common Tariff/pricing yardstick. A unit with JCI accrediation or NABL accredition certainly has differing costs strctures as compared to a non-accredited entity. Secondly the stakes for getting qualified and higly skilled direct care providers are also too high for sustaining the Quality outcomes and medical pathways.

The focus should be on undertaking the Activity based Costing for understanding the Input costs for mots of the standerdised procedures and surgeries. Differing price points from differing corporates/patient segments is inevitable with rampant competition and paying capacity of indl segmnet group. Hence rather than worring aboiut lower retunrs for Giovt Bodies/CGHS/Govt Schmes the Unit hsoiuld initiate cost discolines thry DRG coding and standerdising surgical packs alongwith acute credentialing of cases before rusihng for the Knifes and forceps, especially for the BPL and Govt segment cases.

Cheers !

Santosh

I also agree to have a standardization of  Hospital Service Pricing and it definitely produce the best results and control malpractices and very helpful to the society at a large and as a result of that the last man of the society can afford the treatment rates. The other side , the by that , the Insurance companies are also able to reduce the claim ration which at present around 147% .

By this the cut throat compitition will come in the industry and in that situation, everyone try to provide the best facilities to the patients to stand in the market.

Thus , I think one step in this regard may be more benefited to the society, not only society but as a nation at a large and also increase the Medical Tourism in India which resulted in to increase and growth of the industry in long term.

Dear All,

Hospital industry is service industry so that it is difficult to fix price on service. But, if we are able to make a database of pricing of various hospitals under one roof which is available to common patients and relatives of patients. In this scenario, patients has choice to select the respective hospital service.