17 Jul, 2007
NEW DELHI: In a bid to expand its outsourcing business, Indian corporate hospitals are now exploring the radiology segment. They are in talks with hospitals in the US and UK who are interested in outsourcing radiology work.
Fortis Healthcare is in talks with some hospitals in the US to outsource the radiology work to its hospitals. A company official told ET: “It is an area of the healthcare sector we are keen to tap. We have begun preliminary talks with few hospitals in the US.”
Radiology covers medical imaging such as X-rays, CT scans, MRIs, and ultrasound. These images can be transferred to Indian hospitals through a dedicated line. The hospitals can then analyse them and send the reports back.
Radiology constitutes about 5-7% of the entire healthcare expenditure. The global healthcare market is a huge $2.8 trillion. Typically, radiology outsourcing to Indian hospitals can cut down cost by about 50% or less. In addition to cost cutting, the 12-hour time difference enables hospitals in the US to work 24X7.
Indian doctors can carry out the radiology work but it has to be approved by a radiologist certified by the American Board of Radiology, who could either be in India or the US. Apollo Hospitals Group chief medical officer (international projects) Dr N Vetrivel said, “Outsourcing in healthcare is going to drive the Indian corporate hospitals. We are exploring all work that can be technologically outsourced.”
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