Hospitals are striving to become high-value organizations that provide patient-centered, fiscally prudent care. As the transformation of the nation’s health care system gains momentum, hospitals and health systems are going to find themselves being held more accountable for patient outcomes. That’s not all: Equally important is reducing the cost of care. There’s no road map for the new imperative of better patient care, improved population health and reduced costs. Despite the pressing demand and constrained supply, a few relatively new Indian hospitals have devised ways of providing world-class health care affordably—and to scale. These hospitals target well-off patients, which forces them to provide care that meets global quality standards. But their purpose is to serve everyone, including patients with very low incomes, which puts pressure on the organizations to lower costs dramatically. Such a business model scales because the low costs of these hospitals attract large volumes of patients and allow the overall enterprise to be profitable. As a result, the hospitals are able to sustain their operations not through the usual government subsidies, charitable donations, or insurance reimbursements but through their revenues. The Indian hospitals we studied treat medical conditions that range from problems of the eye, heart, and kidney to maternity care, orthopedics, and cancer. Their charges for most procedures are as much as 95% lower than those at U.S. hospitals. That isn’t because the Indian providers offer low-quality services; five of the exemplars are accredited by either Joint Commission International (JCI), the international arm of the Joint Commission—an independent nonprofit that certifies the quality of more than 20,000 health care organizations in the U.S.—or its Indian equivalent, the National Accreditation Board for Hospitals & Healthcare Providers, which uses standards similar to those of JCI. A sixth is seeking accreditation and a seventh has chosen not to do so for fear that the process could stifle experimentation and curtail innovation. The other two are not big enough to seek accreditation yet.
India Leadership Conclave’s mantra is very simple & clear. We dont follow a fixed set of rules of traditional theories of selecting a nominee in the final six list either based on seniority, age or celebrity status. We go by our research, experts advise & bring to light those talent & innovators who never got noticed in mainstream media or recognized. When they see their names in the big six final list, they feel proud, for us, that is the winning moments after relentlessly following & chasing for finding the credible name!
Indian Affairs Most Valuable Hospital in Patient Care 2017 Nominees
1.Alexis Multi-Speciality Hospital.
2.MGM Hospitals.
3.The Apex Group of Hospitals.
4.Sarvodaya Hospital & Research Centre.
5.SPARSH Hospital.
6.SevenHills Hospitals.