Quality and Cost of Healthcare: an Indian prespective an assessment of direct cost of quality across hospitals in India
Abstract
With recent advances in healthcare, quality has become a pertinent issue. As the demand for
healthcare is rapidly rising with increasing population base and increasing levels of affordability,
so is the demand for quality healthcare services. Superior quality of medical care is often
associated with higher costs of hospitalization. This paper attempts to explore the relationship
between quality of medical care services and the cost of hospitalization across hospitals in India.
The findings have indicated a strong positive association between the cost of hospitalization and
infrastructure, while a negative association was observed between staff to patient ratios. Though
both these parameters affect and contribute to superior quality of care their impact of cost of
hospitalization differs significantly.
Description
Keywords
Quality of Medical Care, Cost of Healthcare, Average Cost of Hospitalization, Quality Indicators, Indian Health System, Accreditation in India
Citation
International Journal of Business and Management Tomorrow, Vol. 1 No. 1