ISB Healthcare Management Program: preparing working professionals for the healthcare sector

Healthcare has always been an important sector in India and has become one of the largest, both in terms of income and employment, after the global pandemic. Comprising of hospitals, medical devices, health insurance, telemedicine, medical equipment and clinical trials, India’s healthcare market is proliferating and is expected to reach $372 billion by 2022, driven by rising income, better awareness of health, lifestyle-related illnesses and increased access to insurance, according to an IBEF report.

A look at key facts and figures

  • As of 2021, India’s healthcare sector is one of India’s largest employers, employing a total of 4.7 million people.
  • $11.28 billion was allocated to the Department of Health and Family Welfare in the 2022-23 Union Budget
  • The primary care industry is currently valued at $13 billion. No less than 70,000 Ayushman Bharat centers providing primary health care services are operational in the country.
  • Alternative medical treatments like Ayurveda and homeopathy have seen tremendous growth post-pandemic, with the market size of AYUSH increasing by 17% in 2014-2020 to reach $18.1 billion. This industry is expected to grow further to reach $23.3 billion in 2022. Major factors driving the growth of this market are boosting immunity during Covid19 and increasing incidence of lifestyle-related diseases such as heart disease, stroke, obesity, type 2 diabetes and related diseases. with smoking and alcohol and drug abuse.

To meet India’s growing healthcare needs, organizations are now looking to hire a wide range of trained and experienced professionals, ranging from doctors and medical practitioners to frontline workers. They are revamping their management structure, so it is easy for the masses to enjoy the proper facilities. To fulfill these roles, healthcare professionals must upgrade themselves with current skills, expertise, and knowledge, which they can do through healthcare management courses.

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And in this regard, the Certificate Program in Healthcare Management by ISB Executive Education in conjunction with ISB’s Max Institute of Healthcare Management could be the right choice for professionals looking to propel their careers in this field. This 12-week certificate program covers a comprehensive understanding of healthcare organization budgets and expenditures, strategic positioning, outreach and communications designed to appeal to healthcare consumers. It provides information on the daily practices of a healthcare facility, healthcare initiatives and strategies, and case studies in all areas. The program also aims to provide in-depth knowledge of accounting and finance, process design and analysis, marketing strategies and strategic management with over 120 videos, over 12 real-life examples, over 20 missions and more than 10 discussion forums.

To view the full program module, click here.

Indian business school

The Indian School of Business (ISB) was born out of the need for a world-class business school in Asia. ISB is committed to creating business leaders through its innovative programs, exceptional faculty, and thought leadership. It has earned the unique distinction of receiving accreditation from the Association of MBAs (AMBA), making it the 100th school in the world to achieve the “triple crown” of accreditations from AMBA, the EFMD Quality (EQUIS) and the Association to Advance Collegiate Schools of Business (AACSB). AMBA accreditation represents the highest standard of achievement in postgraduate business education. ISB Executive Education designs programs for professionals offering timely learning interventions that help them enhance their capabilities through specific skill sets and advance in their careers, while having a positive impact on the organizations in which they operate . Through innovative programs, exceptional faculty, and thought leadership, ISB Executive Education is committed to nurturing future-ready leaders.

Skilled

ISB Executive Education collaborates with online education provider Emeritus to deliver a portfolio of high-impact online programs. Working with Emeritus gives ISB Executive Education the advantage of expanding access beyond its on-campus offerings in a collaborative and engaging format that remains true to the quality of ISB Executive Education. Emeritus’ learning approach is based on a cohort-based design to maximize peer-to-peer sharing and includes video lectures with world-class faculty and hands-on, project-based learning. More than 250,000 students from more than 160 countries have professionally benefited from outstanding courses.

Disclaimer: The article was produced on behalf of the ISB by the Times Internet Spotlight Team.