Healthcare is an essential need of the society as injuries, illness and emergencies requires hospitals to identify, treat and effectively manage all these occurrences. It is a fact that without healthier, longer and happier life, it is hard to manage the desires and aspirations of people. The entire healthcare industry gets bifurcated into various areas to fulfill the health requirements of population at large. Throughout the world, the services provided by the healthcare industry will thrive and expand till the time man survives on this planet. This makes this industry an enormous element of the economy of a country. The World Health Organization has described health policy as a series of plans, actions and decisions made and carried out to accomplish specific healthcare related goals in any society. The fundamental objective of these policies is to set a vision for coming years to establish reference points and targets for the small as well as medium term.