The cost of starting a medical practice are rising day by day enormously, starting a small/mid size hospital requires big investment with several regulatory hurdles. Insurance companies and various governments are trying /putting fees regulation reducing the turnover. Medical education prices rising and a specialty including MBBS degree may cost up to 4-5 crores. The number of consumer cases are rising and there have been instances where doctors are being sued several years after treatment for enormous amounts which even big insurance won't cover.
In this scenario, it is not advisable to put your Hard earned money into a Medical Practice. Only corporates can take such risks with their Investments. Share your views.
