July 7, 2009 @ 2:56 am
The World’s Largest Heart Factory
by Dhimant Parekh
Forbes India carries this wonderful article on Dr. Devi Shetty and his Narayana Hrudyalaya Institute of Cardiac Sciences. While the world over cardiac surgeries are very expensive, Dr. Shetty has managed to bring down the costs significantly.
The article talks about his “Wal-mart approach to healthcare” which is essentially using scale to negotiate costs. The article says:
Scale helped Shetty shave off costs of medical tests too. Take blood gas analysis. At Rs. 350-400 per test, it forms the bulk of the cost for an ICU patient in India. At Narayana Hrudyalaya it costs merely Rs. 8.50 per test!
Read the complete article: The World’s Largest Heart Factory
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