Lack of Doctors in East Africa Spells Opportunity for Investors

Tuesday, October 4, 2016

In this monthly column called “The Indicator”, we take a economic or financial statistic from East Africa and break it down into bite-sized nuggets of knowledge for investors.

This month’s indicator figure is 103.

103 of what?

This month’s indicator is 103, or the average number of doctors for every one million people in the East African Community countries.

What do you mean by doctors per million people?

Doctors are defined as registered professionals who diagnose, treat, and prevent illnesses, diseases, injuries, and other ailments in people through the use of modern (not traditional) medicine.

In this month’s column we can see that an illustrative country of 1 million people could expect to have 103 doctors and a country with 5 million people could expect to have 515 doctors.

We are focusing exclusively on doctors and not nurses or other medical professionals, as doctors typically are the pinnacle of health care provider leadership and supervision of medical standards and practices in a healthcare facility.

Source: The Exchange (link opens in a new window)

Categories
Health Care, Investing, Technology
Tags
healthcare technology