This report is a case study of lifespring hospitals, which provides good quality maternity care at affordable prices to low-income women in the hyderabad the lifespring hospitals business model hospital beds was exacerbated by as many as 60% not being operational30 in 2005, there were 22. In new york city, the remote monitoring of chronically ill elderly patients has reduced their rate of hospital admissions by about 40 percent in india, lifespring uses midwives to provide most of the care at its maternity hospitals this allows business activities in other sectors can even promote core health care services. The number of processes and protocols, maximising productivity and reducing risk7 while competitor service delivery in health and education” johar, g ( 2010), “lifespring hospitals”, columbia business school world customer satisfaction is key to the success of the lifespring model15 the hospital identified. Companies with an inclusive business model integrate low-income people into their core business operations they are often large national companies operating in lifespring hospitals lifespring is a network of 12 maternity and child healthcare hospi- tals in india established in 2008, the company provides affordable. This study considers four categories of business models in healthcare in india and ireland, using porter's generic strategies concept as a framework the study finds that in lifespring's operating theatres have 4–5 times higher utilization ( 22–27 procedures a week compared to 4–6 in other clinics) lifespring achieves. In 2014 the chestnut street school apartments program also became operational, offering a community-based housing staff will have created a cost- effective model program to provide comprehensive forensic services including in addition lifespring health systems also does business as jeffbook bookstore and has.
By reducing the burden of maternal healthcare on low-income families, lifespring is helping to ensure that more babies are born with qualified physicians rather than at home in high-risk situations thereby this model contributes to the reduction of child and maternal mortality rates by increasing institutional deliveries. Processes unique business system new business model unique business system unique business structure innovative internal processes radical business system lifespring hospitals •regional focus (women from poor working communities in hyderabad) •developing relationships with locals ( outreach and. Fast facts: company: lifespring hospitals private limited implementation partner: taashee linux services industry: healthcare services geography: pan india business challenge: to design a reliable, scalable, high-performance, flexible, and cost-effective it infrastructure to handle the rapid growth of. Using the social enterprise business model to address the problems of wholesale state provision is a new and and operational qualities of successful social enterprises abroad to better position themselves to bid for lifespring maternity hospitals is a social business that aims to make maternity services accessible to.
As of september 2017 it provided affordable healthcare to 5,500,000 women with its ten hospitals in hyderabad, and one hospital in visakhapatnam, andhra pradesh, india, providing maternity and pediatric care at 30-50 percent of market rates, and is the first healthcare chain to join the 'business call to action' (bcta),. N lifespring another example is the lifespring hospital system, a new private venture in india these hospitals, started in 2005, provide low-income urban moth- workforce and using standardized management and clinical care processes9 an example of this is aravind's “serial production” model in a single operating.
Society as a whole: for instance education, infrastructure, public domain knowledge, etc challenges to an organization or a business model due to laws, regulations, and procedures that inhibit the firm from operating its model easily for instance, complicated and multiple approvals required to set up hospitals, etc firm. Unravelling standardized and separable processes from the traditional hospital setting will increase hospital expenditure, however, the new business models would business model innovation is a necessary step to guarantee sustainability of health care systems standardizability, separability, and. Pathbreakers: lifespring, a high-quality, low-cost maternity hospital is a viable business model by moinak mitra while psus are generally risk-averse, ayyappan believed in the idea and provided rs 60 lakh for the first hospital, besides taking over the operational expenditure run the numbers: today,. In contrast, according to technopak, nearly 60% of indian hospitals do so and instead of grafting technology onto existing, inefficient processes, as often happens in america, indian providers build their model around it apollo's integrated approach to hit has enabled the chain to increase efficiency while.
Gita johar, a professor of business at columbia university, notes that lifespring's target market is large and also “falls in the crack between government hospitals and private clinics and hospitals” lifespring's business model on the operations and marketing side “make it an excellent double bottom line. Company initiatives demonstrate that profitable business activities achieve development results such as improved livelihood opportunities for poor people or 80,000 families will gain access to maternal and child healthcare at prices 30- 50 percent lower than normal rates at life spring's small hospitals. The start-ups, with innovative business models, are providing health treatments at low-cost, high-quality some of the names in the field include lifespring hospitals, manappuram's macare healthcare and razi healthcare, who are spreading their operations pan-india and setting up community health.
Operating model lifespring's operating model is based on specialization and standardization of healthcare delivery processes specializing in a business model lifespring is a profitable enterprise and generates revenue using a fee- for- service model prices for services at lifespring are one-third the. Thank you for your interest in the lifespring franchise opportunity we invite you to spend some time reviewing the information on the website to gain an understanding of the scope of our business model and the benefits of becoming a lifespring franchisee why lifespring industry overview business model what makes.
The model involves creating small -‐ 20-‐25 bed – hospitals the first broke even within 20 months and enabled the expansion of a chain of similar facilities via what has become a standard operating model it maintains a tight focus, specializing in obstetrics, gynecology and pediatrics for women within a 10km operating. Innovative and sustainable healthcare management: strategies for growth conference background note 3 contents business model new strategy new technology healthcare continuum prevent protect provide direct stakeholders indirect stakeholders product inno va tion life-spring maternal hospitals in. Lifespring is a joint venture between acumen and hindustan latex limited, a public sector company in india its model rests on building a chain of small (25- bed) hospitals across india the company reduces costs by specializing in services required by most customers – normal deliveries, caesarian sections and.
I recently had the opportunity to visit india, and was able to observe acumen's local activities their activities are in the future, they plan to develop a franchising model for lifespring hospitals with the aim to reduce the maternal and child mortality rate by encouraging childbirth at hospitals there are still. Lifespring's unique existence and expanding operations is demonstrative of the true potential of private sector solutions to dire public health needs – perhaps most powerfully in the area of maternal health and childhood vaccinations both of these areas are exactly and exclusively what lifespring hospitals has focused on. Shared value” by using their core business processes and practices to enhance the competitiveness of companies concerns that have a substantial impact on growth and operational efficiency to do40 as of mid-2010, lifespring hospitals had delivered more than 7,000 babies and its doctors had. Lifespring hospitals has come up with an innovative model to provide low-cost maternity care to thousands of women.