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Samriddhi 09 Ashwin Naik Vaatsalya Healthcare

Samriddhi 09

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Talk delivered at Goa Institute of Management 1st September 2009

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Page 1: Samriddhi 09

Samriddhi 09

Ashwin Naik

Vaatsalya Healthcare

Page 2: Samriddhi 09

Enabling access to affordable healthcare

Vaatsalya Healthcare

Dr. Ashwin Naik & Dr. Veerendra Hiremath

Page 3: Samriddhi 09

Starting a social venture

• Social problem as your pain point. • This is where you start. • Start with small experiments• Find things that stick• Scale what works, eliminate what doesn’t• Rinse and repeat

• This is the heart of social enterprise

Page 4: Samriddhi 09

• This is the pain point we are addressing

Page 5: Samriddhi 09

54% of all babies delivered without professional support

.> 45 % of children under 3 are severely & chronically

malnourished

< 42 % children between 1 and 2 years are completely

immunised

14.4 % have not received a single dose of vaccine

Non-Infectious disease like diabetes, cancer and other lifestyle diseases are on a

growth curve

Healthcare access in India is not only expensive, its

inaccessible

> 1/3 of married Indian Women are Anaemic

In 2007, people continue to die for the same reasons

they did when India became independent in 1947: infectious diseases.

One in three women do not receive ante-natal checkup

50% of women do no seek medical treatment as hospital is

too far or expensive

Page 6: Samriddhi 09

State of Health In India

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The Social Burden

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Vaatsalya - The Concept70% of the population lives in semi-urban & rural India

80% healthcare facilities are in urban areas

Majority (80%) of hospital visits are for primary and secondary care

Majority of organized healthcare players (Apollo, Fortis) target tertiary care market

Lets create the first network of hospitals focused on Primary and Secondary care in Semi-urban and Rural India

POPULATION70%

semi-urban & rural India

HEALTHCARE80%

urban & metro India

DEMAND80%

primary & secondary care

HOSPITALSUrban &

tertiary care

Page 9: Samriddhi 09

Increasing health awareness, Increasing healthcare expenditure Greater Insurance penetration, Emphasis on preventive medicine

Community Reach - Patient Value Current Revenue Streams

Services and Impact

Page 10: Samriddhi 09

Vaatsalya has complete ownership on the systems and processes, along with the facilities

Ownership

Target Population >2 LakhsTarget Population

size

Connected via Audiovisual tools to daycare clinics. Specialists also visit daycare clinics on a fixed schedule

Technology/ telemedicine support

Diagnostic Lab, Pharmacy attached, along with X-ray, Ultrasound facility. A basic intensive care facility.

Other facilities

Two full time specialists, focus on surgery, gynaecology, paediatrics and medicine. Total staff strength of 20, including nurses, ayahs, administrator and social worker.

Doctors/ Staff

10,000 sft spaceSpace

Full range of Maternity & paediatric services, along with medical and surgical facilities.

Surgical Suite (Major and Minor Surgeries)Facilities

20 BedsSize

Multi-specialtySpecialty

Vaatsalya Hospitals Description

Vaatsalya has complete ownership on the systems and processes, along with the facilities

Ownership

Target Population >2 LakhsTarget Population

size

Connected via Audiovisual tools to daycare clinics. Specialists also visit daycare clinics on a fixed schedule

Technology/ telemedicine support

Diagnostic Lab, Pharmacy attached, along with X-ray, Ultrasound facility. A basic intensive care facility.

Other facilities

Two full time specialists, focus on surgery, gynaecology, paediatrics and medicine. Total staff strength of 20, including nurses, ayahs, administrator and social worker.

Doctors/ Staff

10,000 sft spaceSpace

Full range of Maternity & paediatric services, along with medical and surgical facilities.

Surgical Suite (Major and Minor Surgeries)Facilities

20 BedsSize

Multi-specialtySpecialty

Vaatsalya Hospitals Description

Vaatsalya Hospital Structure

50 – 70 beds in size

15000 – 20000 sft

Page 11: Samriddhi 09

Vaatsalya’s Mission

Create a network of for-profit hospitals providing customer-oriented, ethical, affordable, and efficient healthcare services in semi-urban and rural areas

Page 12: Samriddhi 09

Saving Lives

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Saving Lives

Page 14: Samriddhi 09

Building Hope

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Vaatsalya Network

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Scaling Up

• Do we have the team in place• Do we have the systems and processes in place• Do we have the funding in place

Page 17: Samriddhi 09

Social vs Financial

PROFITABLE

MISALIGNED

PROFITABLE

ALIGNED

UN-PROFITABLE

MISALIGNED

UNPROFITABLE

ALIGNED

Financial Viability

Alignment

With Mission

PositiveNegative

Negative

Positive