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go to the caymans, pay cash

 NEW DELHI: Devi Shetty, the Indian cardiac surgeon renowned for making cutting-edge medical care affordable to the masses, is set to begin his overseas innings this week.

Health City Cayman Islands will start receiving patients this week as the first leg of Shetty's Caribbean venture becomes operational with a 104-bed multispecialty tertiary hospital.

It cost $70 million to set up. Abig advantage of the Cayman Islands facility is its location: near the American shore, but off the stringent US regulations. Shetty, the founder of Narayana Health (formerly Narayana Hrudayalaya) is awaiting American patients as well. And, he promises to offer top-quality services at lower costs.

"The best location to build a hospital on the planet today is a ship that is parked in the US waters just outside its territory," Shetty said. "The site at the Cayman Islands is the closest approximation that fits the bill."

"The healthcare models in the US are considered the ultimate and keenly studied by the entire world, but the regulatory restrictions in that country are so stifling that innovations in healthcare delivery are very difficult to implement," Shetty told ET.

"By building such a healthcare institution in a British protectorate right outside the US regulatory structure, which can work with US doctors and experts for the US patients, one can show what is possible in healthcare even in the developed world and at what cost." The Cayman Islands facility would start by offering about 30% discount to the US rates on healthcare services. But deeper cuts in prices can be expected in future.

 

http://m.economictimes.com/news/emerging-businesses/entrepreneurship/devi-shetty-opens-low-cost-heal...

8 Replies
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Senior Contributor

Just getting it out of the cluster

NT

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Advisor

Re: Just getting it out of the cluster

If you continue to say no one is offering an alternative, does that mean no one is offering an alternative?

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Senior Advisor

Re: Just getting it out of the cluster


@Samnospam wrote:

If you continue to say no one is offering an alternative, does that mean no one is offering an alternative?


It does when you are in the department of propaganda.

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Senior Contributor

Re: Just getting it out of the cluster

I here ya! Frustrating.

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Advisor

Re: Just getting it out of the cluster

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Advisor

why bruce

Do you only look to government to solve the problems it creates.  

 

Solutions will be found, as the caymans hospital shows, can the government squash them quickly enough?

 

http://www.surgerycenterok.com

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Advisor

Re: Just getting it out of the cluster

No..the "solutions" if there are any will come from innovative individuals and institutions. But hardly anybody will know and very few of thsoe who do will remember.  What recent history shows us is that once they are struck upon. certain industries and insitutions who essentially own the government steer things so that they can exploit those ideas and creations.

 

It doesn't start with government.  Government always gets a D- in innovation. Govenment gets involved when the rentiers and profiteers use it as a protectorate, they having been who authored and engineered the laws to their own advantage.

 

 

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Advisor

Re: Just getting it out of the cluster

But Bruce, the solutions are just the rentiers continuing to do just what you describe.