When the profit motive enters the doctor’s room - The Tribune
Indian private healthcare is confronting a social and ethical crisis that has developed over four decades, beginning with the entry of corporate houses into hospital care and accelerating with foreign direct investment, venture capital and private equity. The crisis is structural. The growth of private healthcare has created arrangements in which doctors are expected to generate revenue for hospitals, pharmaceutical companies and allied interests. Clinical judgment, which should be guided by patient need, is exposed to commercial incentives that can encourage medicalisation.