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For the complete report, get in touch with us at : [email protected] The Hospital Information System Market in India is a considerably big market already but has tremendous scope to grow further. Monitoring of a hospital by using Hospital Information System can provide the hospital administration the best insights of their business and help in assessing the functioning of various departments. In terms of effort and cost, figures are derived automatically from the routine HIS system that saves manual labour extensively. Infact, the system does away with the possibility of erroneous entries that is a big drawback of manual processing of hospital related entries. The report begins with the introduction section that deals with the current and developing IT enabled healthcare systems in the market, followed by the functions and significance of the hospital information system software. The structure, workflow model of the software along with the vivid description of possible modules that can be incorporated in the software has been elaborately discussed. The Market Overview section has highlighted the current market scenario with the future expected growth rate of the software market till the year 2015. Also provided is the overview of the top states of India leading in maximum number of Hospital Information System software installation in hospitals and top software manufacturers in the market. The report provides the driving factors that are encouraging the hospital information system software market among which the booming healthcare market finds a prominent position. The ever growing medical tourism industry, till date low hospital information system software penetration in comparison to the number of hospitals in the country, health insurance market enjoying an unprecedented growth, government’s requirement of up to date methodical data and need of maintaining database for recording various medical cases are the possible reasons for the industry to prosper. A detailed analysis has been made of the drivers. The key challenges of the industry have also been analysed of which inadequate spending in Indian IT infrastructure is a primary reason. Others include lack of IT training of the hospital staff in their initial career stages and the lack in awareness about how the software can make the hospital work process smooth and well organised. The report further discusses the emerging trends that are being applied for improved healthcare services that include aspects like Telemedicine and Cloud Computing. The report further analyses the role of government in the market and how it can expand its role to enable automation of the healthcare industry with the help of information technology. The competition section provides an overview of the competitive landscape in the market. The section includes Porter’s 5 Forces Analysis of the market. A diagrammatic presentation of state-wise percentage market share of the leading software comp
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Hospital Information System Market in India
February 2012
2HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
Executive Summary
Market
Drivers &
Challenges
Competition
� Hospital Information System market in India was valued INR xx.x mn in 20-- and is expected to reach
INR yy.y mn by 20--
� The market is highly competitive due to low entry barrier
� There are numerous players in the market both foreign and domestic
Drivers:– Booming healthcare industry
– Growing Medical Tourism
– Low HIS penetration
– Growing health insurance market
– Government requirement for methodical data
– Need for database for recording medical cases
Challenges:– Low spending in IT infrastructure
– Lack of IT training in initial career stages
– Lack of awareness
Trends� Telemedicine
� Cloud Computing
Role ofGovernment
� Lacking initiative by the government healthcare
� Expected role of the government
Player 1
Player 2
Player 1
Player 2
Player 3
Player 4
Player 5
Player 6
Player 1
Player 2
Player 3
Player 4
Player 5
Player 6
Player 7
Player 8
OrganisationsForeign CompaniesDomestic Companies
Major Players
3HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
• Introduction
� IT in Healthcare
� HIS and its Significance
• Structure of HIS
� Broad overview of Modules
� Workflow of Modules
� Description of general modules in HIS
• Market Overview
• Drivers & Challenges
• Trends
• Role of Government
• Competition
• Strategic Recommendation
• Appendix
4HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
IT
Enabled
Healthcare
Hospital Information System
(HIS)
Personal Health Record
(PHR)
Electronic Medical Record
(EMR)
Applications of Information Technology in Healthcare -
Summary
Increasing application of Information Technologies in healthcare is aiding to the betterment of
treatment procedures and patient services
5HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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HIS to solve hospital information related issues
Source:
Introduction
Hospital Information System (HIS) is the breakthrough technology for the effective management of information storage
and flow of routine hospital services which helps in managing medical, administrative, financial and also legal aspects of
a hospital
Various titles that refer to the aspect of managing information storage and flow in respect to routine hospital services
include
�Healthcare Information System
�Clinical Information System
�Patient Data Management System
Significance of HIS
• A single data base that will help in storing diverse data related to demography, gender, age as well as past medical
records of the patients
• A big support system for doctors that will enable them to take quick and effective decisions regarding compatible and
incompatible drugs along with allergy warning if any of specific patients
• HIS is programmed to send reminders to prescribes drugs and administer vaccines
• Helps in information integrity and avoid manual errors in entries
• Help in reducing time and effort of staffs in filling up documents thereby freeing resources for other critical work
6HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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Variety of modules in HIS for effective hospital management
HIS has capability to make hospital administration very methodical
Source:
• Effective management of front desk activities including registration, appointment, availability of doctors with
patients’ personal, physical, clinical and demographic information
• Provides enquiry assistance of admitted patients
• Appointment scheduling with reminders via sms
• Helps in record and access to clinical details of patients
• Real time recording of tests and medication
• Organised data record with least scope of incorrect entries
Emergency Unit
Management
• Patient is monitored from his arrival, course of action undertaken and the further clinical follow up
• Provides guidance to critical patients from the emergency ward to the respective bed
• Alerts are sent to the concerned department and doctors for efficient handling and care of such patients
• Further consulting, pharmacy and surgical details provided
Electronic
Medical Record
Registration
&
Appointment
ADT
Management
Ambulance
Availability
• Manages transfer and allocation of bed for patients
• Effective evaluation of patient condition with follow up of medication from doctors and nurses
• E-prescribing medication
• Helps in appropriate discharge of patients alongwith a comprehensive discharge summary
• Keeps a check on the hospitals available
• Manages the scheduled and emergency services
• Manages emergency facility provided in ambulances
• Provision of communication facilities
7HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
•The world healthcare IT market was valued at INR x.x in 20-- and is expected to reach y.y in 20--
•India has the fastest growing healthcare IT market in Asia, with an expected growth rate of x%, followed closely by China and Vietnam
•In 20-- the potential for IT in health market is forecasted to reach INR xx.x
•In 20-- the estimated market size of HIS in India was close to INR xx.x, growing at an approximate growth rate of m% is expected to reach INR yy.ymn in 20--
•Top 3 states with highest number of hospitals having HIS installed are State A, State B and State C while eastern belt of India is lagging behind in number of HIS installations
•The market is segmented dominated by regional local players across states� State A based Company A and State B based Company
B has a massive market share in their respective
regions
Market Overview
Source:
Increasing focus towards the betterment of the patient
services will help the Indian Healthcare IT market to flourish
0
2,000
4,000
6,000
8,000
10,000
INR XX
X%
20--e
A6
20--e
A5
20--e
A4
20--e
A3
20--
A2
20--
A1
Market Size and Growth
N.B. Fluctuations due to changes in the exchange rate have been taken into consideration
On a year-on-year basis the market has always projected
a growth rate higher than x% and experienced a growth
rate of as high as y.y% from 20xx to 20xx
8HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
Drivers & Challenges - Summary
Drivers
Booming healthcare industry
Growing Medical Tourism
Growing health insurance market
Government requirement for
methodical data
Need for database for recording
medical cases
Low HIS penetration
Challenges
Low spending in IT infrastructure
Lack of IT training in initial career
stages
Lack of awareness
9HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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Major Public Companies - Summary
P
Q
R
PAT
1,000
0
-1,000
-2,000
-3,000
-4,000
-5,000
-6,000
-7,000
-8,000
-9,000
-10,000
-11,000 Revenue
3,500,0003,000,0002,500,0002,000,0001,500,0001,000,000500,0000-500,000
Size of the Bubble represents Market
Capitalization in INR XX
PQR
10HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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Public: Domestic Company – P Company (1/4)
Key People
Products and Services
Company Information Offices and Centres – India
NNNStock Exchange
Corporate Address49, X Road
Bangalore
Tel No. +91 xx xxxxx xxxxx
Fax No. +91 xx xxxxx xxxxx
Website www.ppp.com
Year of Incorporation 19--
Ticker Symbol xxxxxx
Category Products/Services
Information
Management
Services
Software application development,
notebooks
Consumer Goods Personal care, F&B
Name Designation
Person M Founder
Person N CFO
Person O Head
Person Q President
City A City BProducts and Services
Head Office
Regional Offices
City C
11HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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Source:
Key Ratios
Financial Summary
Public: Domestic Company – P Company (2/4)
• The company incurred a net loss of INR xx mn in FY 20--, as
compared to net profit of INR yy mn in FY 20--
• The company reported total income of INR xx bn in FY 20--,
registering an increase of yy per cent over FY 20--
• The company earned an operating margin of x per cent in FY 20-- a
decrease of y percentage points over FY 20--
• The company reported debt to equity ratio of x in FY 20--, an
increase of y per cent over FY 20--
Financial Summary
Profit / Loss
Revenue
0
-m
Revenue
INR mn
Profit
INR mn
p
n
t
s
r
q
0
20--
t
p
20--
s
o
20--
r
n
20--
q
m
Indicators Present Value
Market Capitalization (INR) X mn
Total Enterprise Value (INR) Y mn
EPS (INR) Z mn
PE Ratio (Absolute) A
Particulars y-o-y change 20-- 20-- 20-- 20--
Profitability Ratios
Operating Margin
Net Margin
Profit Before Tax Margin
Return on Equity
Return on Capital Employed
Return on Working Capital
Return on Assets
Return on Fixed Assets
Cost Ratios
Operating costs (% of Sales)
Administration costs (% of
Sales)
Interest costs (% of Sales)
Liquidity RatiosCurrent Ratio
Cash Ratio
Leverage RatiosDebt to Equity Ratio
Debt to Capital Ratio
Interest Coverage Ratio
Efficiency Ratios
Fixed Asset Turnover
Asset Turnover
Current Asset Turnover
Working Capital Turnover
Capital Employed Turnover
Improved Decline
Financial Snapshot
12HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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Public: Domestic Company – P Company (3/4)
y
x
20--
z y
x
20--
z y
x
20--
zy
x
20--
z
onm
Key Business Segments
20--
z
y
x
20--
z
y
x
20--
z
y
x
20--
z
y
x
x y z
Key Geographic Segments
SpecificationDescription
• In 20-- it launched XXX product and came in the global list of top 20 most innovative
products Recent Activities
•Has installed HMIS in 12 hospitals of India till now
•Covers 20 most important modules for hospital administrationHIS
•Company P has 17 offices in city A, city B and city COverview
Source:
Key Recent Developments
13HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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• Online charge capturing and tracking
of all billable services
• Operates back office tasks
• Inventory management through
accurate estimation of demand,
timely procurement and distribution
of medical and non-medical items
• Seamless integration with medical
equipment.
• Improved patient satisfaction
through reduced turnaround time at
points of care
• Online availability of information
across departments
�Registration
�Admission, Discharge and
Transfer
�Consumption Entry
�Out-patient billing module/IP
billing module
�Auto-discharge summary
�Management information
system module
�Security and Identity
Management
P Hospital Information System
SpecificationModulesBrand
Public: Domestic Company – P Company (4/4)
Source:
14HOSPITAL INFORMATION SYSTEM MARKET IN INDIA 2012.PPT
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Tamojit RoyPhone: +91 33 4064 6215
E-Mail: [email protected]
The Hospital Information System Market in India report is part of Research on India’s
Healthcare Industry Series.
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