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HEART SURGERY FOR $800 Dr Devi Shetty MS, FRCS (England) Chairman, Narayana Hrudayalaya Group of Hospitals.

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Presentation on theme: "HEART SURGERY FOR $800 Dr Devi Shetty MS, FRCS (England) Chairman, Narayana Hrudayalaya Group of Hospitals."— Presentation transcript:

1 HEART SURGERY FOR $800 Dr Devi Shetty MS, FRCS (England) Chairman, Narayana Hrudayalaya Group of Hospitals

2 80% of national expenditure on health is borne out of pocket

3 It's not only about healthcare, it's about driving the economy of 21 st century

4 Jobs for stability Jobs for extremely skilled, semiskilled and unskilled. $ 4.5 trillions. IT > health sector. NHS

5 Also Largest Employer of WOMEN 29

6 INDIA WILL BECOME THE FIRST COUNTRY IN THE WORLD TO DISSOCIATE HEALTHCARE FROM AFFLUENCE.

7 We produce the largest number of doctors in the world We produce the largest number of nurses and med technicians in the world Out side the USA we have the largest number of US FDA approved drug manufacturing units. 7

8 Indians are genetically 3 times more vulnerable for heart disease than Europeans Younger age We produce 28 million babies a year We produce about 600 to 800 children a day with the heart disease. India need 2.5 million heart surgeries a year. 9

9 INDIA DOES 120,000 HEART SURGERIES ANNUALLY.

10 Even 100 years after the first heart surgery less than 10% of the world’s population can afford it. 11

11 Global Crisis in Healthcare Tax payers money can't pay for it any more 12

12 Our Govt like the Govt of USA and UK is broke.

13 Yeshaswini Micro Health Insurance 1.7 million farmers, members of co-op societies 11 cents per month Government as a re-insurer Yeshaswini trust manages the scheme. Poor people in isolation are weak, but together are strong 13

14 How is it viable with 11 cents??? Only 0.8% of the random population needs surgeries. No fraud - nobody wants surgeries even if it is free Pays only for the surgeries (1650 varieties) No administrative costs 400 network hospitals with under-utilized OT Medical treatment at discount 14

15 900 million Indians pay about Rs. 150 / month just to speak on the mobile phone. 17

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18 Telemedicine with ISRO 53000 patients have had tele-consultations free of cost 23

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20 300 bed low cost heart hospital for $6 million, 6 months by L&T Only way to reach 30000 beds 25

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22 Dialysis for $ 10 26

23 Harvard Business School “Cardiac Care for the Poor”

24 THE WALL STREET JOURNAL THE WALL STREET JOURNAL - THE HENRY FORD OF HEART SURGERY

25 Daily P&L statement 27

26 Charity is not scalable. 28

27 30

28 We fly a 30 year old plane and junk a 7 years old CT scanner. TRIMEDX 31

29 Hospital Safety 1966 Look Magazine March 22, 1966

30 2008, STILL A PROBLEM. Forbes Magazine 03-10-2008 “One in 200 patients who spends a night or more in the hospital will die from a medical error. One in 16 will pick up an infection. Deaths from preventable hospital infections exceed 100,000, more than those from AIDS, breast cancer and auto accidents combined.”

31 We believe that within 5 years SMART SOFT WARE will make a smarter diagnosis than doctors

32 We believe in 10 years it will become mandatory for a doctor to get a second opinion from a SMART SOFTWARE before starting the treatment

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34 Experience or inexperience of a junior doctor or a junior nurse can make difference between life and death,but inexperience of the junior pilot doesn't matter to the passenger. IT IS ALL ABOUT EXPERIENCE

35 NCUMC Artist’s impression 53


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