Performance appraisal and its effectivenes of corporate haspitals in India

Private hospitals can provide the required healthcare services to India's growing population. In addition, they can be a major medical tourism destination for treating patients from other countries also. Government in India has initiated many reforms to promote the private hospital sector and it is being projected as one of the fastest growing sector. The performance of health insurance to a large extent hinges on good governance and practices of private sector hospitals. This is because most of private voluntary health insurance is being serviced by private corporate hospitals. Performance of hospitals can come from insurance companies and Third Party Administrators which are expected to monitor the hospitals for their quality, cost and efficiency. The private hospitals are increasing in numbers vastly due to a number of factors including government policies of concessional land allotment and relaxation in custom duties on import of medical equipment, rapid influx of medical technology, growing deficits of public sector hospitals, and an increasing middle-income class.