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Abstract
The healthcare industry in India has grown over the years due to increase in latest healthcare facilities, growth in awareness about diseases, rise in per capita income, changing lifestyle etc. However, healthcare demand is driven by families with the ability to spend low and vulnerable parts of society have limited demand for such healthcare services. The industry is considered as the most challenging and highest growing services sector across the world and has direct impact on the country’s economy and employment generation. Looking at these issues, there is a need to examine current state of healthcare industry and recommend improvements in Indian context. Thus, the purpose of this paper is to study specific measures adopted as reforms in the healthcare industry in India using the wide range of reform measures in policy, governance and financing. In this context, the paper will provide a brief background on the current status of the healthcare services market in India. The article assesses the important role of public, state and central government in the reform of health system in India. It argues for a reform of the existing healthcare system by restructuring government legislative reforms and management and institutional transformations. The article also calls for strengthening healthcare services through the development of healthcare policy, governance and financing in India. The article concludes that public investment in the healthcare sector should be increased and suggests possible options for financing healthcare in India.