Healthcare Industry in India has witnessed a constant growth of 25% in past several years. Recently, India has gained the reputation as a major destination for medical tourism. Due to this, there has been a sudden inflow of patients from all around the globe, which has boosted the health care industry and has also sparked the need for modernization and structuralization of this industry. Recently, a study conducted by Ernst & Young along with KPMG revealed that India will need to add 1 lakh medical beds, in next 25 years, to match the swelling needs of the healthcare industry. This will not only account for a rise in the demand for medical staff but also create tremendous vacancies for the healthcare management professionals.