Secret to Low cost of Healthcare in India
Interesting article in Harvard Business Review Blog, which talks highly of common sense practices in Indian hospitals which lead to cost saving.
Key points from the article: Three major practices have allowed these Indian hospitals to cut costs while still improving their quality of care.
- A Hub-and-Spoke Design: Indian hospitals create hubs in major metro areas and open smaller clinics in more rural areas which feed patients to the main hospital
- Task Shifting: The Indian hospitals transfer responsibility for routine tasks to lower-skilled workers, leaving expert doctors to handle only the most complicated procedures.
- Frugality : Indian hospitals use local devices such as stents or intraocular lenses that cost one-tenth the price of imported devices.
Secret to Low cost of Healthcare in India Reviewed by Sumer Sethi on Monday, November 04, 2013 Rating: