1. Being admitted in the ICU for around 55 days resulted in a bill of Rs 45 lacs (no surgical procedures, only cost of facilities, doctors fee, medicines). There is hence an opportunity for an innovative insurance solution whereby the middle class gets coverage to cover current costs.
2. Hospitals then of course want to have more critical care beds. But the problem is also elsewhere. If it costs on an average Rs 1 lac per day in the ICU they should be making sizable profits, while on the contrary many of the newer Corporate hospitals are running in losses. Not only is there a mismatch currently between value the hospital are delivering vs. billing but also between hospital costs vs billings. What if one of them finds a model which also aligns costs with value and costs with billing? Hence there is an opportunity for Hospital Admn.
3. Hospital Admn at Corporate hospitals have access to the best facilities, viz. Surgeons, Doctors & health workers, Infrastructure, finance, marketing & best management advise. So why cannot they fix it? And how to fix it?
