KPMG-FICCI Launch Report on Strengthening India’s Healthcare at FICCI HEAL 2024

I am writing to you to share that share that KPMG in India, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), has released a new report titled “Strengthening Post Graduate Medical Education in India”. The report was unveiled today at the 18th edition of FICCI’s annual healthcare conference, FICCI HEAL 2024.  This report highlights the urgent need for reform in India’s healthcare system, where universal health coverage (UHC) is a national priority. With a growing population and increasing healthcare demands, ensuring affordability, accessibility, and availability of services is essential for equitable health outcomes. The report emphasizes the critical role of medical education in addressing the shortage of qualified professionals and analyzes the evolution of the Indian healthcare ecosystem over the past thirty years. It identifies three key pillars—Affordability, Accessibility, and Availability (the 3As)—that are vital for equitable healthcare services.

While the Government of India has introduced initiatives like the Ayushman Bharat Yojana and the National Digital Health Mission (NDHM) to promote UHC, challenges such as a shortage of qualified doctors and disparities in medical education remain. The report calls for a reevaluation of the medical education system to better align with evolving healthcare needs and global standards, aiming to enhance the quality of healthcare professionals and improve health outcomes.

Commenting on the report, Dr. Anna van Poucke, Global Head of Healthcare, KPMG International said, “India’s healthcare landscape is undergoing a significant transformation, emerging as a beacon of hope and innovation on the global stage. With the government’s commitment to universal health coverage, we are witnessing a proactive approach to ensuring that healthcare is not just a privilege for the few but a right for all. However, as India embraces this evolution, a focus on cultivating a skilled workforce that meets the demands of modern healthcare is crucial. By addressing the urgent shortage of qualified healthcare professionals, India can ensure that its advancements translate into tangible benefits for every citizen. As we look ahead, India’s healthcare journey offers valuable lessons for the world. The emphasis on collaboration, innovation, and quality in healthcare can inspire other nations to rethink their own systems. In this era of global health challenges, it is essential that we share knowledge and best practices to build resilient healthcare ecosystems that prioritize the well-being of all.”

Lalit Mistry, Partner and Co-head, Healthcare, KPMG in India said “The transformation of postgraduate medical education in India represents a monumental opportunity for our healthcare system. We are at a crossroads where the demand for skilled medical professionals has never been greater. The report highlights that addressing educational disparities and aligning our training with healthcare needs is essential. By modernizing our curricula, enhancing practical training, and ensuring equitable access across regions and specialties, we can build a healthcare workforce that is well-prepared and committed to serving our diverse communities. This is more than just a response to current challenges; it is an investment in a healthier future for every citizen of India.”