Wednesday, May 28, 2014

Newer models of healthcare








A few models of healthcare that are likely to emerge in our country in the near future, are:
 1. Public Private Partnership (PPP) 
Various models of PPP between public and  private sectors have come up. These include- joint ventures,  management contract, co-ownership etc . One of the first PPP ventures was the Indraprastha Apollo Hospitals in New Delhi.

2. Low cost healthcare 
With the advent of lowcost healthcare chains such as Vaatsalya Hospitals, Lifespring Hospitals, Glocal Healthcare etc, the era of lowcost healthcare has arrived.  These are asset-light models with minimal operating expenditure.

3. Single Speciality Chains (SSH)
Single speciality hospitals such as Cardiac, Eye (Ophthalmology) , Mother and Child  ( Obs- Gynae and Paediatrics) 

4. Day Care Hospitals
Day care hospitals, which provide services such as Eye surgery, routine ambulatory surgery etc, are being set up.

5. Telemedicine
 Telemedicine is being used to reach out to distant areas, using the hub and spoke model, where the tertiary care hospital is the hub and the smaller centres are the spokes. This has been employed successfully by several hospitals such as Narayana Hrudayalaya, Apollo Hospitals, Care Hospitals etc.

6. Wellness Centres
Health is defined by WHO as a state of “complete physical , mental and psychological wellness and not merely the absence of disease.” Wellness Centres focus on preventive health, health checkups etc. These centres are also being set up across several cities, and provide health checkups as well as diagnostic services.

Monday, May 19, 2014

Hospital CEO Turnover Rate hits 20% in USA







 
The CEO Turnover Rates in hospitals in the USA hit 20% last year, While this is attributable to a number of reasons, such as Private capital/ venture capitalist involvement, Changing role of IT, New health plan partners etc, it is an alarming trend which needs to be arrested.

An article on this phenomenon, and its impact on the healthcare industry :

http://www.healthcaredive.com/news/hospital-ceo-turnover-a-symptom-of-a-greater-sickness/263642/

( Courtesy: Healthcare DIVE)