IIMB's Ayusmat 2025: The Future of Healthcare in 2030
Explore IIMB's Ayusmat 2025 summit, where healthcare leaders discuss the transformative impact of management, machines, and markets on the future of Indian h...
Key Takeaways
- The summit highlights the interplay between management, technology, and market forces in shaping healthcare's future.
- AI and digital infrastructure are seen as key drivers of clinical transformation and patient care.
- Financing mechanisms and sustainable healthcare models are critical for inclusive and accessible care.
- Green healthcare initiatives aim to reduce the industry's environmental footprint.
IIMB's Ayusmat 2025: The Future of Healthcare in 2030
The Indian Institute of Management Bangalore (IIMB) recently convened its fifth annual healthcare leadership summit, Ayusmat 2025, under the theme 'Healthcare 2030: Drivers of Disruption: Management, Machines, or Markets'. This event, hosted by the seventh cohort of the General Management Programme for Healthcare Executives (GMHE), brought together a diverse array of stakeholders to discuss the transformative shifts in Indian healthcare and the future landscape.
The Trilemma of Healthcare Disruption
The summit's central theme, the 'trilemma' of management, machines, and markets, was a focal point of discussion. Management was recognized as essential for ensuring fair systems and responsible technology adoption. Machines, particularly AI and digital infrastructure, were highlighted for their potential to revolutionize care provision. Markets were seen as drivers of innovation and scale, with economic growth and increased health insurance penetration driving higher health awareness and investment in startups.
Management: The Cornerstone of Ethical Governance
Effective governance and leadership are crucial for a sustainable healthcare system. Speakers emphasized the role of healthcare leaders in shaping clinical workflows, embedding technology responsibly, and developing workforce capacity. Prof. Gopal Mahapatra, Chairperson of the OB&HRM area at IIMB, underscored the need for ethical and inclusive leadership to navigate the complexities of healthcare disruption.
Technology: Transformative Power of AI and Digital Infrastructure
AI, robotics, and digital infrastructure are poised to transform healthcare provision. Key areas of focus included data security, telemedicine, electronic medical records (EMRs), and predictive analytics. Dr. Vaibhav Tiwari, Co-Founder & CEO of Portea, discussed how AI is driving scientific discovery and personalized care, while also addressing the ethical implications of AI in clinical settings.
Markets: Economic Growth and Innovation
Economic growth in India is driving increased health awareness and higher health insurance penetration, now approaching 20%. Healthcare expenses are growing by 12% annually, and AI-fueled innovation is picking up speed. Himesh Joshi, Co-Founder & CEO of AYU Health, highlighted the importance of asset-light models in reducing capital burdens for new hospitals. The discussion also touched on the need for wider insurance coverage, transparency, and policy innovations to create a financially sustainable healthcare architecture.
Financing for Tomorrow
A panel moderated by Prof. Padmini Srinivasan, Chairperson of the Centre for Corporate Governance and Sustainability (CCGS) at IIMB, delved into the imperative of rethinking healthcare financing mechanisms. The conversation covered insurance affordability, capital for small hospitals, and financing innovations for health-tech startups. Dr. Nagesh R. pointed out that more than half of India's population remains uninsured, and out-of-pocket spending is a significant driver of financial distress. The panel emphasized the need for inclusive and sustainable financing models to ensure accessible care.
Green Healthcare: A Sustainable Future
Prof. Haritha Saranga led a workshop on 'Are Hospitals Ready to Go Green?' The healthcare industry is responsible for 5-6% of global emissions, and increasing care demand is leading to environmental degradation. The workshop discussed the importance of renewable resources, better waste management, and reducing unnecessary consumption to lower emissions and improve public health. Ethical clinical practices and patient education were also emphasized as part of a system-wide strategy for green healthcare.
AI in Healthcare: A Clinical Perspective
A panel on 'AI in Healthcare: A Clinical Perspective' provided profound insights into the ways AI is transforming clinical care. Speakers discussed the impact of AI on claims automation, workflows, predictive care, and tailored treatment. Dr. Chinnababu Sunkavalli, Senior Consultant Robotic Surgical Oncologist at Yashoda Hospitals, highlighted the ethical and inclusive use of AI in India's healthcare systems.
The Bottom Line
IIMB's Ayusmat 2025 summit underscored the interconnected nature of management, machines, and markets in shaping the future of healthcare. The GMHE programme and its graduates continue to demonstrate how multidisciplinary management education can positively influence the healthcare landscape, ensuring that the future is active, holistic, and inclusive.
Frequently Asked Questions
What is the 'trilemma' discussed at Ayusmat 2025?
The 'trilemma' refers to the interplay between management, machines, and markets in shaping the future of healthcare. It highlights how these forces must work together to create a sustainable and inclusive healthcare system.
How is AI transforming healthcare provision?
AI is revolutionizing healthcare through data security, telemedicine, EMRs, and predictive analytics. It is driving scientific discovery and personalized care, but also raises ethical considerations in clinical settings.
Why is healthcare financing a critical topic?
Healthcare financing is crucial for ensuring accessible and sustainable care. The summit emphasized the need for wider insurance coverage, transparency, and policy innovations to support small hospitals and health-tech startups.
What is the role of green healthcare in the future?
Green healthcare focuses on reducing the environmental footprint of the healthcare industry. This includes better waste management, renewable resources, and ethical clinical practices to improve public health.
How is the GMHE programme contributing to healthcare leadership?
The GMHE programme at IIMB is designed to bridge the gap between healthcare delivery and management education. It equips healthcare executives with the skills to lead ethical and inclusive healthcare systems in the future.
