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Strategic Management In Healthcare SIU Auditorium, Symbiosis Lavale Campus. Name of the speaker : Mr. Daljit Singh Designation : President, Fortis Healthcare Ltd. Topic : Strategic Management In Healthcare Sub-Topic: Indian Healthcare Landscape Challenges for Healthcare Delivery System
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Strategic Management In Healthcare SIU Auditorium, Symbiosis Lavale Campus
Name of the speaker:Mr. Daljit Singh Designation: President, Fortis Healthcare Ltd. Topic: Strategic Management In Healthcare Sub-Topic: Indian Healthcare Landscape Challenges for Healthcare Delivery System Fortis Strategic Levers
Summary Indian Healthcare Landscape: • Market size has risen from 2006 to 2013. • There are inequalities in Urban-Rural bed infrastructure. • Delivery Structure type- Public, Private, Unregulated. Challenges for Healthcare Delivery System • Prices for key procedures have risen by 35-40%. • Manpower cost is rising exponentially. • CAPEX is registering 250% rise.
Fortis Strategic Levers • “To succeed we have to disturb the present” • It addresses two questions- Where to compete? How to compete? • Growth Strategy • Geographical diversification • Revenue and service mix diversification • Multiple healthcare delivery formats • Mr. Singh concluded with the challenges being- Change Management, developing dedicated project and continuous reporting and evaluation of efficiency measures.
Report Prepared By: • AkhilaNayak • Anisha Mehta • Ebrahim Khan • Nikhil Dhorepatil • Shirin Khan • Swati Sonik • YogitaPatil (MBA –HHM 2013-15)