+91 865-517-0700
Info@hospaccxconsulting.com
Hospaccx
Healthcare scenario of Punjab 2023

HEALTHCARE SCENARIO OF PUNJAB 2023

No Comments

Are you currently looking into venturing or investing into the healthcare sector in Punjab? Are you looking for concrete details on the current status of the Healthcare scenario in Punjab? In this article, Hospaccx Healthcare Consultancy brings to you the latest bits of Information on Punjab current Healthcare Systems.

INTRODUCTION

Punjab, known for its rich cultural heritage and industrious spirit, has been witnessing significant developments in its healthcare sector. The state has made significant strides in providing accessible and quality healthcare services. Punjab boasts a well-developed healthcare infrastructure that includes hospitals, clinics and diagnostic centres. The sector encompasses both government-run institutions and private healthcare providers, ensuring a comprehensive range of services for the population. In recent years, the Punjab government has prioritized improving healthcare facilities and services, recognizing the importance of a healthy population for the overall development of the state. Investments have been made to upgrade existing hospitals facilities to enhance the availability of specialized healthcare services.  In this blog, we aim to provide you with insights into the current state of healthcare in Punjab, shedding light on the government initiatives, disease burden and healthcare infrastructure that shape the industry landscape.

DEMOGRAPHIC PROFILE

DEMOGRAPHIC PROFILE


HEALTHCARE BUDGET ALLOCATION IN PUNJAB

HEALTHCARE BUDGET ALLOCATION IN PUNJAB


HEALTHCARE SECTOR COMPOSITION

HEALTHCARE SECTOR COMPOSITION:


HEALTH INDICATORS

HEALTH INDICATORS


DISEASE BURDEN IN PUNJAB

DISEASE BURDEN IN PUNJAB


HEALTHCARE INITIATIVES BY PUNJAB GOVERNMENT

HEALTHCARE INITIATIVES BY PUNJAB GOVERNMENT
HEALTHCARE INITIATIVES BY PUNJAB GOVERNMENT

LIST OF MAJOR HOSPITALS IN PUNJAB

Government Hospitals in Punjab

  1. Nehru Hospital, located within the Post Graduate Institute of Medical Education and Research (PGIMER) in Chandigarh, was established in 1962 and has a remarkable capacity of 1,479 beds, serving as a major referral centre and providing comprehensive medical care to patients.
  2. Dayanand Medical College & Hospital (DMCH)in Ludhiana, established in 1964, is spread across 34.21 acres of land and is equipped with 1,326 beds, making it a significant healthcare institution in the region.
  3. Christian Medical College & Hospital in Ludhiana, founded in 1894, is a renowned medical facility with a capacity of 775 beds, offering a wide range of healthcare services to patients.

Private Hospitals in Punjab

  1. Capitol Hospitalin Jalandhar, established in 2014, is recognized as one of the best cancer hospitals in Punjab, providing advanced cancer treatments and care. With a capacity of 300 beds, it ensures quality medical services for cancer patients.
  2. Fortis Hospitalin Ludhiana, established in 2013, is a prominent healthcare facility with 259 beds, providing a wide range of medical services and specialized treatments to patients in the region.
  3. Sacred Heart Hospitalin Jalandhar, founded in 1985, is a reputed medical facility with 200 beds, including 35 critical care beds and 5 operation theatres. It is dedicated to delivering exceptional medical care and surgical services to patients in the region.
  4. Tagore Hospitalin Jalandhar, established in 1979, has been serving the community for several decades. With 148 beds, it offers a wide range of medical specialties and treatments, providing quality healthcare to its patients.
  5. Amcare Hospitalin Zirakpur, founded in 2010, is a well-established medical centre equipped with 110 beds, offering comprehensive healthcare services and personalized care to its patients.

Medical Colleges in Punjab

  1. Government Medical College (GMC)in Patiala, established in 1953, is a prestigious medical college and hospital that spans over a vast area. With a total of 1009 beds, including 121 beds specifically dedicated to TB patients, it provides comprehensive medical services. The college offers 225 MBBS seats, along with 18 MS seats and 6 PG Diploma seats, to educate and train future healthcare professionals.
  2. Gian Sagar Hospital & Medical College in Rajpura, established in 2020, is a newly established institution offering 150 MBBS seats. With a focus on providing modern medical education, it aims to produce skilled and compassionate healthcare professionals to serve the community.
  3. Dayanand Medical College & Hospitalin Ludhiana, established in 1964, is a renowned medical college and hospital known for its quality education and healthcare services. It offers 100 MBBS seats and is spread across 34.21 acres of land and is equipped with 1,326 beds, attracting aspiring medical students from across the country.
  4. Christian Medical College & Hospital in Ludhiana, established in 1894, is one of the oldest and most reputable medical institutions in the region. With 100 MBBS seats available and is a renowned medical facility with a capacity of 775 beds. it offers a comprehensive undergraduate medical program known for its high standards of education and patient care.
  5. Post Graduate Institute of Medical Education and Research (PGI)in Chandigarh, founded in 1962, is a premier medical institution situated on a sprawling 277-acre campus. It offers 100 MBBS seats, providing a rigorous medical curriculum and exceptional training opportunities for aspiring doctors.

HEALTHCARE INVESTMENT OPPORTUNITIES IN PUNJAB

  1. Growing population:

The population of Punjab for the year 2023 is 2,96,11,935 and is estimated to project 3,30,00,000by the year 2030 with annual growth rate of 1.55 %.

  1. Gap in medical Infrastructure:
  • In the state, the total number of available beds, including both government and private sectors, is60,997. According to the norms, there should be 5 beds per 1,000 population. Hence, there is a need for 1,48,059 beds, indicating a gap of 87,062beds in Punjab healthcare infrastructure.
  • Currently, there are 275 diagnostic centres in Manipur. As per the norms there should be 1 diagnostic centre per 10,000 population. Therefore, there is a requirement of 2,961 diagnostic centre indicating a gap of 2,686 diagnostic centre in the state.
  1. Government assistance in healthcare facility establishment:

LIST OF MAJOR HOSPITALS IN PUNJAB

Government Hospitals in Punjab

  1. Nehru Hospital, located within the Post Graduate Institute of Medical Education and Research (PGIMER) in Chandigarh, was established in 1962 and has a remarkable capacity of 1,479 beds, serving as a major referral centre and providing comprehensive medical care to patients.
  2. Dayanand Medical College & Hospital (DMCH)in Ludhiana, established in 1964, is spread across 34.21 acres of land and is equipped with 1,326 beds, making it a significant healthcare institution in the region.
  3. Christian Medical College & Hospital in Ludhiana, founded in 1894, is a renowned medical facility with a capacity of 775 beds, offering a wide range of healthcare services to patients.

Private Hospitals in Punjab

  1. Capitol Hospital in Jalandhar, established in 2014, is recognized as one of the best cancer hospitals in Punjab, providing advanced cancer treatments and care. With a capacity of 300 beds, it ensures quality medical services for cancer patients.
  2. Fortis Hospitalin Ludhiana, established in 2013, is a prominent healthcare facility with 259 beds, providing a wide range of medical services and specialized treatments to patients in the region.
  3. Sacred Heart Hospital in Jalandhar, founded in 1985, is a reputed medical facility with 200 beds, including 35 critical care beds and 5 operation theatres. It is dedicated to delivering exceptional medical care and surgical services to patients in the region.
  4. Tagore Hospitalin Jalandhar, established in 1979, has been serving the community for several decades. With 148 beds, it offers a wide range of medical specialties and treatments, providing quality healthcare to its patients.
  5. Amcare Hospitalin Zirakpur, founded in 2010, is a well-established medical centre equipped with 110 beds, offering comprehensive healthcare services and personalized care to its patients.

Medical Colleges in Punjab

  1. Government Medical College (GMC) in Patiala, established in 1953, is a prestigious medical college and hospital that spans over a vast area. With a total of 1009 beds, including 121 beds specifically dedicated to TB patients, it provides comprehensive medical services. The college offers 225 MBBS seats, along with 18 MS seats and 6 PG Diploma seats, to educate and train future healthcare professionals.
  2. Gian Sagar Hospital & Medical College in Rajpura, established in 2020, is a newly established institution offering 150 MBBS seats. With a focus on providing modern medical education, it aims to produce skilled and compassionate healthcare professionals to serve the community.
  3. Dayanand Medical College & Hospitalin Ludhiana, established in 1964, is a renowned medical college and hospital known for its quality education and healthcare services. It offers 100 MBBS seats and is spread across 34.21 acres of land and is equipped with 1,326 beds, attracting aspiring medical students from across the country.
  4. Christian Medical College & Hospital in Ludhiana, established in 1894, is one of the oldest and most reputable medical institutions in the region. With 100 MBBS seats available and is a renowned medical facility with a capacity of 775 beds. it offers a comprehensive undergraduate medical program known for its high standards of education and patient care.
  5. Post Graduate Institute of Medical Education and Research (PGI)in Chandigarh, founded in 1962, is a premier medical institution situated on a sprawling 277-acre campus. It offers 100 MBBS seats, providing a rigorous medical curriculum and exceptional training opportunities for aspiring doctors. 

HEALTHCARE INVESTMENT OPPORTUNITIES IN PUNJAB

  1. Growing population:

The population of Punjab for the year 2023 is 2,96,11,935 and is estimated to project 3,30,00,000by the year 2030 with annual growth rate of 1.55 %.

  1. Gap in medical Infrastructure:
  • In the state, the total number of available beds, including both government and private sectors, is60,997. According to the norms, there should be 5 beds per 1,000 population. Hence, there is a need for 1,48,059 beds, indicating a gap of 87,062beds in Punjab healthcare infrastructure.
  • Currently, there are 275 diagnostic centres in Manipur. As per the norms there should be 1 diagnostic centre per 10,000 population. Therefore, there is a requirement of 2,961 diagnostic centre indicating a gap of 2,686 diagnostic centre in the state.
  1. Government assistance in healthcare facility establishment:

LIST OF MAJOR HOSPITALS IN PUNJAB

Government Hospitals in Punjab

  1. Nehru Hospital, located within the Post Graduate Institute of Medical Education and Research (PGIMER) in Chandigarh, was established in 1962 and has a remarkable capacity of 1,479 beds, serving as a major referral centre and providing comprehensive medical care to patients.
  2. Dayanand Medical College & Hospital (DMCH)in Ludhiana, established in 1964, is spread across 34.21 acres of land and is equipped with 1,326 beds, making it a significant healthcare institution in the region.
  3. Christian Medical College & Hospital in Ludhiana, founded in 1894, is a renowned medical facility with a capacity of 775 beds, offering a wide range of healthcare services to patients.

Private Hospitals in Punjab

  1. Capitol Hospitalin Jalandhar, established in 2014, is recognized as one of the best cancer hospitals in Punjab, providing advanced cancer treatments and care. With a capacity of 300 beds, it ensures quality medical services for cancer patients.
  2. Fortis Hospitalin Ludhiana, established in 2013, is a prominent healthcare facility with 259 beds, providing a wide range of medical services and specialized treatments to patients in the region.
  3. Sacred Heart Hospitalin Jalandhar, founded in 1985, is a reputed medical facility with 200 beds, including 35 critical care beds and 5 operation theatres. It is dedicated to delivering exceptional medical care and surgical services to patients in the region.
  4. Tagore Hospitalin Jalandhar, established in 1979, has been serving the community for several decades. With 148 beds, it offers a wide range of medical specialties and treatments, providing quality healthcare to its patients.
  5. Amcare Hospitalin Zirakpur, founded in 2010, is a well-established medical centre equipped with 110 beds, offering comprehensive healthcare services and personalized care to its patients.

Medical Colleges in Punjab

  1. Government Medical College (GMC) in Patiala, established in 1953, is a prestigious medical college and hospital that spans over a vast area. With a total of 1009 beds, including 121 beds specifically dedicated to TB patients, it provides comprehensive medical services. The college offers 225 MBBS seats, along with 18 MS seats and 6 PG Diploma seats, to educate and train future healthcare professionals.
  2. Gian Sagar Hospital & Medical College in Rajpura, established in 2020, is a newly established institution offering 150 MBBS seats. With a focus on providing modern medical education, it aims to produce skilled and compassionate healthcare professionals to serve the community.
  3. Dayanand Medical College & Hospital in Ludhiana, established in 1964, is a renowned medical college and hospital known for its quality education and healthcare services. It offers 100 MBBS seats and is spread across 34.21 acres of land and is equipped with 1,326 beds, attracting aspiring medical students from across the country.
  4. Christian Medical College & Hospital  in Ludhiana, established in 1894, is one of the oldest and most reputable medical institutions in the region. With 100 MBBS seats available and is a renowned medical facility with a capacity of 775 beds. it offers a comprehensive undergraduate medical program known for its high standards of education and patient care.
  5. Post Graduate Institute of Medical Education and Research (PGI) in Chandigarh, founded in 1962, is a premier medical institution situated on a sprawling 277-acre campus. It offers 100 MBBS seats, providing a rigorous medical curriculum and exceptional training opportunities for aspiring doctors.

HEALTHCARE INVESTMENT OPPORTUNITIES IN PUNJAB

  1. Growing population:

The population of Punjab for the year 2023 is 2,96,11,935 and is estimated to project 3,30,00,000by the year 2030 with annual growth rate of 1.55 %.

  1. Gap in medical Infrastructure:
  • In the state, the total number of available beds, including both government and private sectors, is60,997. According to the norms, there should be 5 beds per 1,000 population. Hence, there is a need for 1,48,059 beds, indicating a gap of 87,062beds in Punjab healthcare infrastructure.
  • Currently, there are 275 diagnostic centres in Manipur. As per the norms there should be 1 diagnostic centre per 10,000 population. Therefore, there is a requirement of 2,961 diagnostic centre indicating a gap of 2,686 diagnostic centre in the state.
  1. Government assistance in healthcare facility establishment:

Policy with Landmark Incentives

Fiscal Incentives

a. Anchor Units

  • A 15-year period of 100% reimbursement of Net GST Incentive, up to 200% of FCI.
  • Complete exclusion from CLU/EDC fees.
  • Employment Generation Subsidy at Rs 36,000 per employee per year and Rs. 48,000 per employee per year for women and SC/BC/OBC for a maximum of five years.
  • A 15-year period of 100% electricity duty exemption.

b.Startups

  • Every incentive that is offered to MSME units.
  • A 5-year period of 8% annual interest subsidy on loans up to Rs 5 lakh.
  • 25% of the lease rental subsidy up to Rs. 3 lacs for a year is reimbursed.
  • Seed Grants for startups of up to Rs 3 lakh.
  • Establishing a corpus fund of Rs. 100 billion.

c.Incubator

  • Up to rs. 1CR in capital subsidies.
  • Reimbursement for recurring expenses up to 3 lac per year for 5 years.
  • Up to Rs 3 lac in mentoring assistance per year for five years.
  • Support for startup competitions up to Rs 5 Lac per event annually.

d.Border Zone Industry

  • A waiver from CLU.
  • Complete exclusion from EDC fees.
  • First unit will also be entitled to 40% additional FCI in the maximum limit prescribed for reimbursement of Net GST Incentive, as well as 75% exemptions from all State duties, taxes, and fees.

e.MSME

  • 100% of Net GST Incentive will be reimbursed for 7 years, up to 100% of FCI.
  • A 5% per year interest subsidy for SC/Women Entrepreneurs in Border Districts and the Kandi Area, up to 10 lakh per year for three years.
  • A 7-year period of complete exemption from electricity duty.
  • A complete waiver or reimbursement of stamp duty.
  • 50% of expenses up to Rs. 5 lakhs are reimbursed under the GOI’s ZED program.
  • Support for marketing, exports, infrastructure, technology, and finance.

f.Large Units

  • A 7-year, 75% Net GST Incentive up to 100% FCI.
  • A ten-year period of complete exemption from electricity duty.
  • Complete exclusion from or reimbursement for Stamp Duty.
  • A 10-year, 50% property tax exemption.

g.Thrust Sector

  • 100% of Net GST Incentive up to 125% of FCI for 10 years.
  • A ten-year period of complete exemption from electricity duty.
  • Complete exclusion from or reimbursement for Stamp Duty.
  • Complete exclusion from CLU/EDC.
  • Ten years of full property tax exemption.
  • Additional incentives given to MSME units.

h.Early Bird

  • For the first five Early Bird MSME units and the first five Early Bird large units that go into production, 100% of the Net GST Incentive will be reimbursed over a 12-year period, subject to 125% of FCI.Support For Infrastructure Related Scheme
  • State sharesup to 20% for Cluster Development Program (MSECDP).
  • 90% support up to Rs 2 crore for setting up Common Facility Centre (CFC) under mini cluster Development.
  • Land for CETPs on lease and exemption from Electricity Duty.

CONCLUSION

The healthcare scenario in Punjab has witnessed significant developments and improvements in recent years. The state has made considerable investments in upgrading healthcare infrastructure, ensuring the availability of quality healthcare services for its population. Punjab boasts a mix of government-run institutions and private healthcare providers, contributing to a comprehensive healthcare system.However, there are still opportunities for further investment and development in the healthcare sector in Punjab. The growing population and existing gap in medical infrastructure present opportunities for investors and healthcare providers. The state government offers fiscal incentives and support for infrastructure development, making it an attractive investment destination.Overall, Punjab’s healthcare sector has made significant progress, and with continued investments and initiatives, it aims to enhance the accessibility and quality of healthcare services for its residents.

Above is the superficial and macro level study for in-depth market and financial feasibility studies or any other healthcare-related research needs, please feel free to reach out to us at +91-8655170700 or email us at hospaccx.india@gmail.com. Our team is equipped to provide comprehensive and detailed insights tailored to your specific requirements.

Menu