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MASTER CLASS I

MASTER CLASS I. GAME CHANGERS IN HEALTHCARE SIU Auditorium, Lavale. NAME OF THE SPEAKER: Dr. Gautam Sen DESIGNATION: Chairman Wellspring Healthcare & Co-founder , Wellspring Healthcare . TOPIC: Primary Healthcare

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MASTER CLASS I

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  1. MASTER CLASS I GAME CHANGERS IN HEALTHCARE SIU Auditorium, Lavale

  2. NAME OF THE SPEAKER:Dr. GautamSen DESIGNATION: Chairman Wellspring Healthcare & Co-founder, Wellspring Healthcare. TOPIC: Primary Healthcare SUB-TOPIC: Transforming Healthcare Delivery for 21st Century India :Make the Foundation Strong.

  3. Summary • Dr. Gautam Sen spoke about the past, present and future of the healthcare industry. • He enlightened us about how to make our foundations strong & innovative ways • The emphasis now has shifted from village centered Health Care Delivery System and going eccentric outwards, to “trickle down” theory from the Centre and also from investment in Public Health to Market Force Economy.

  4. Globalization and liberalization of economy brought in the now fashionable philosophy of “market force”. • Commercialization of Health care services. • World Health Statistics 2013, India shows some grim reports. • Poor outcomes in health parameters: U5MR and Maternal Mortality.

  5. A meaningful and just healthcare delivery can only be constructed on solid foundation of following four elements • Public Health • Demand Driven Healthcare Workforce, focusing on Primary Care • Political Commitment with Financing • Increase Government’s shameful share of 1.2% total expenditure on health, to a decent 3% of the total expenditure on health.

  6. Name of the speaker : Dr. Om Manchanda Designation : CEO, Dr LalPathLabs Topic :Game Changers in Healthcare Sub Topic: Diagnostics

  7. Summary • Sir gave a comprehensive view about the diagnostic industry • In the Healthcare Industry the Diagnostics play a vital role and contributes to the growth of the entire industry • There is a rising incidence of lifestyle diseases in India • Out-of pocket expenditure forms a major part of the expenditure.

  8. Indian Healthcare Industry - Entering A Golden Era 280 CAGR 15% 140 100 Billion 65 35 2015 Source – Transforming Indian Healthcare: CII, IHCF, Technopak

  9. The Diagnostic market is the fastest growing segment in Healthcare Diagnostics Market is 5% of total healthcare A $3.4 Bn Market: Fragmented and Unorganized Fastest growing segment in healthcare MRI & CT facilities are limited to Tier I and Tier II cities. Radiology$1.5 BN44% USD Billions 15% CAGR 20% CAGR Healthcare Market Diagnostics Market ~40,000 laboratories 90% in unorganized sector Laboratory$1.9 BN56% Drivers of Growth Future Trends • Complex disease and availability of complex testing • Growth of chronic disease which requires frequent testing • Focus on wellness and preventive medicine • Increasing medical liability on doctors • Rise in esoteric and gene based testing • Convergence of radiology and labs • M&A of smaller players • Brand awareness to facilitate growth • Outsourcing of smaller labs Indian Healthcare: The Opportunity Today

  10. Future Trends New Paradigm shifts • Prescriptive  Preventive  Predictive • One Size fits all  Personalized Medicine

  11. Report Prepared By: • AkhilaNayak • Anisha Mehta • Ebrahim Khan • Nikhil Dhorepatil • Shirin Khan • Swati Sonik • YogitaPatil (MBA –HHM 2013-15)

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