Demonetization in India: Providing Healthcare Options for Cost-Conscious Patients

With change in economic climate in India due to demonetization, patients are placed with increasing responsibility to make cost-conscious medical decisions. Many patients don’t feel comfortable discussing medical costs with their Doctors, or don’t know where to begin to research lower-cost options. But patients cannot afford to ignore medical costs. The financial burdens and traditionally long wait times at hospitals and clinics make it an unattractive option for cost-conscious patients. However, late-night options do not provide a reasonable alternative.

Integrated Telemedicine solutions provides an alternative option and plays a critical role in delivering quality service and controlling escalating costs by improving productivity and efficiency. Telemedicine solutions clear up-front pricing allows patients to make informed decisions about their cost burden. The ability to treat low-acuity conditions without a costly visit to the Hospitals, benefits both patients and hospitals/clinics.

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