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Trade off – having the independence to work as per his/her convenient timings.

We cannot rely on technology completely (technical glitches, server crashes etc);


Productivity of doctors decreases.
Not reliable for countries like India where many people do not have access to
internets.
Higher revenue to hospitals as many patients who were earlier going to individual
clinics are directed to hospitals.
Doctors need to do cost – benefit analysis before they switch to employment in
hospitals.
Circular flow of income – Patients pay money to the hospitals for the services
that hospitals provide and hospitals pay salaries to the doctors who are employed
in their hospitals.
Reduction in the engagement of doctors in their work. Doctors do not feel
motivated. Performance of doctors reduces.

“The year 2020 - the Doctor will not see you now”
Explain how the improvements in technology discussed in the articles, along with
the expected increase in the demand for health care, may affect the incentives for
doctors leaving private practices for employment in hospitals.
 Rationality
To make a rational decision doctors would consider various factors like
improved financial stability, loss of personal connect with patients,
derecognition of individual brand image.

 Economic incentives
Technology used Situation Favourable effect Unfavourable
displayed in on incentives effect on
the Case incentives
Study
Virtual Reality & Virtual Lesser contact hours Patients (especially
Augmented Reality examination of with patients for belonging to older
patients doctors generation)may
through smart not feel satisfied
phone which may
indirectly affect the
incentives
AI & Robotics Digital Less time spent on Doctors need to
reception, face diagnosis & more upskill themselves
recognition, accurate results to become techno-
Chatbot savvy
Consultation

Effects of Technological Situation displayed in Favourable effect


Improvements the Case Study on incentives
The demand for Physian sees more patients minimum wages
healthcare increases with virtually
world
than in the physical
for doctors
technology irrespective of the
services they
provide
Increased job
opportunities for
new medical
graduates.
Hypothesis
Objective : To maximize the efficiency of treatments in Health Care Industry
Assumption :
1. Efficiency of Treatment is directly proportional to technological
advancements & productivity of doctors
2. Productivity of doctors to technological advancements is inversely
proportional in the short run but directly proportional in the long run
Steps Involved :
Step 1 : Collection of data
 Percentage of population using the technology.
 Cost of technology
 Average working hours of doctor
Step 2 : Analysis (factors to be considered)
 Affordability and living standards of a country
 Effectiveness of technology in healthcare..
 Efficiency & productivity of doctors
 Willingness of hospital with modern infrastructure to adopt to
new technology
Step 3 : Model Testing
Testing will be done using Regression Analysis with an objective to measure th
efficiency & effectiveness of the model

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