What the Union Budget of 2023 Holds For The Healthcare Sector?

The Union Budget 2023 for healthcare has been lauded for its focus on medical research, new nursing colleges, development of healthcare apps & many more programs that pave way for a better healthcare services across every section of society.? Gaurav Dubey Founder & CEO, Livlong 365 ?shares that as our nation is at the forefront of healthcare services, the budget for the fiscal year 2023 has created ample opportunities for the health sector. Here's his perspective on the key highlights of the Budget 2023 for the healthcare sector.

Setting up Nursing Colleges?

In terms of escalating the quality of healthcare services, the stride to build 157 additional nursing colleges alongside the 157 existing medical institutions since 2015 is commendable.?

This will prove to be a beneficial step for the further advancement of homecare services, which will become a mainstay of the clinical protocol. Therefore, the demand for medical consulting services will increase, and more experienced and qualified personnel will enter the industry.

Developing healthcare apps??

5G-empowered healthcare apps will be developed by the engineering institute, as 5G will enhance telehealth services significantly. Hence, medical professionals will be able to treat patients more effectively in real-time and will reach rural regions promptly due to improved communication.?

Implementing new research programs

A new program supporting pharmaceutical research was also mentioned in the union budget, and the centre of excellence will carry it out. The new program will give the Indian health industry a much-needed boost and take it to new heights.

The aforementioned steps could ultimately lead to an improvement in healthcare services & meet the healthcare demands of customers across the society.