“It’s not about who pays for what. Skyrocketing health insurance premiums are just a symptom of the underlying problem. The problem with American health care is that it costs too much. The quality is uneven and too many people can’t get the care they need. The professors thus blame providers for the fact that the U.S. healthcare system is by far. The most expensive in the world while its supposed beneficiaries rank 37th globally in average life expectancy. Healthcare delivery is the problem they argue.
As we quibble about everything healthcare related in the U.S. I could quibble with Govindarajan and Ramm urate about. Whether providers or payors or patients Greece Email Database or the fee for service free market healthcare system itself is to blame for this mess. Clearly the costs of the U.S. healthcare system have been rising far above the rate of inflation.
Or Are You Missing Out You Increasing
And given the fact that my very healthy family’s health insurance is its biggest annual outlay, I, for one, would welcome relief from any quarter. Reverse Innovation in Health Care argues that the quarter that the relief is going to come from is…India, which ranks 104th in life expectancy. On the surface, this seems so outlandish that the authors had to include an appendix of questions and answers titled “India? Really?” After they spend an entire book making their case, they had to make it again! There is a strong contrarian logic at work here. Govindarajan began exploring, with his colleague Chris Trimble, this logic in
gulf email list their book Reverse Innovation, which was named one of the year’s Best Business Books in 2012 by sib. Reverse innovation is the transfer of new ideas from poor regions to rich regions. These ideas are stimulated by the resource constraints in poor regions.
Leaders must increase their capacity to learn Increasing
In the case of India, the most dramatic of these constraints is money: In 2014, report the authors, per capita healthcare spending in India was US$75; in the U.S., it was $9,403.To create viable healthcare business in a market where consumers can’t afford to pay very much, you must get creative. And that’s exactly what the seven “Indian exemplars” that Govindarajan and Ram mauri feature in their book did. “We wrote this book,” they explain, “because we believe the Indian exemplars are the Fords and Toyotas of health care. ”Take, for instance, Narayana Health, a for-profit provider of cardiac and other tertiary care, which was founded by Dr. Devi Shetty in 2001 and now treats more than 2 million patients per year. “Narayana hospitals charge little more than $2,100 for open-heart surgery that would cost between $100,000 and $150,000 in the United States,” report the authors.
