Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

download Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

of 10

Transcript of Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    1/10

    Ashwamedh- Ignite

    B-Plan forMedical facility for rural people

    Pratyush Sinha

    IIM Lucknow

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    2/10

    To set up medical facilities for 70% of the

    population, which lives by the countryside

    And to make them:

    Affordable

    Accessible

    Profitable

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    3/10

    5-6 villages house approximately 7000 people

    A family cant spend more than 6000 rupees onone operation

    The regular medical needs are Relief from common cold, back pain, arthritis

    Surgery because of Hernia

    Abnormal hydrocele growth

    Gall bladder infection

    Ligation needs

    Abnormal gland growths

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    4/10

    Government hospitals

    Mobile doctors

    What do they offer?

    Cheap treatmentWhat they dont offer? Safety

    Hygiene

    Timely availability of doctors

    Quality drugs

    Professional attitude

    The need gap,

    where we can fill in

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    5/10

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    6/10

    Currently in rural areas, there is one doctor for

    18000-20000 people

    We offer one doctor for 3000 people

    We offer one hospital for 10 villages, with 3

    consultants and 2 surgeons

    Key success factors - Location

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    7/10

    We offer pathological investigations at 60% to70% of the actual cost

    We offer medicines at one-fourth of the actual

    cost, by eliminating middle-man and buyingdirectly from the company

    We will only sell drugs on the prescription issuedby the resident doctor, to prevent black marketing

    We offer hospital facilities at one-third of theactual cost

    Key success factors

    Pathology,

    medicine and hospital charges

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    8/10

    A comparison:

    Cost of a hydrocele operation

    We offer a normal surgery at half the actual

    price

    Normal setup Our setup

    Doctors charges Rs. 2500-3000 Rs. 1500

    Pathology charges Rs. 300 Rs. 200

    Medicine cost Rs. 800 Rs. 200

    Hospital charges Rs. 300 Rs. 100

    Total Rs. 4100-4600 Rs. 2000

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    9/10

    For a hospital that will cater to 10 villages

    There will be 30 cases of consultancy daily

    Well charge them Rs. 50 per consultancy

    There will be 2-3 cases of basic/ intermediate surgerydaily

    Well charge them Rs. 2000 to Rs. 8000 depending onthe surgery

    From one such hospital We expect a top line of Rs. 14000 per day

    We expect a bottom line of 10%, i.e. Rs. 1400 per day

    Market potential

  • 8/14/2019 Healthcare_Pratyush Sinha Ahwan_IIM Lucknow

    10/10

    We intend to hire qualified doctors who could diagnosepatients correctly to help them recover quickly andhence spend less money

    We intend to prescribe only the must pathological

    tests to save money for the patients

    We intend to prescribe the most effective medicine atone-fourth the cost to help patients recover quickly

    We intend to make money by treating 3 times morepatients than a comparable facility treats by earning 10% profit as opposed to its profit of 50-60%

    Modus operandi

    Thank You.