Accessible, Affordable and Assured Healthcare
Social Entrepreneur: Dr. Niranjan C. Shah, MD; DNB (OB & GY)
Enterprise Model
Model: For Profit
Region of Impact: Kolhapur, Maharashtra India Annual Revenue: INR 1.32 cr ($ 285,000) Staff Strength: 70 successfully leverages existing medical resources extended by private providers and government to form private-public initiatives to provide several high-impact interventions
pregnant women, a tie-up with National Health Insurance Scheme, direct-to-home contact through mobile clinics.
Lotus offers a low-margin, high-volume model which
These interventions include a unique enrolment scheme for
Impact – Kolhapur, Maharashtra
Carried out corrective surgeries on 3000 children
Immunized 2500 new born babies
4 Lakh families are part of the hospital schemes.
Helped approximately 2500 mothers during child
birth.
Carried out more than 500 high risk obstetrics, gynecological & pediatric surgeries.
Milestones
Year 1998 : First corporate multispecialty hospital in
Kolhapur. Patients as share holders.
Year 2000 : First intrauterine fetal blood transfusion.
Year 2002 : Smile train corrective surgery centre –
Carried out 2000 free surgeries.
Year 2003
: First kidney transplant.
Year 2010 : First low cost delivery centre, in a private-
public partnership with state government.
The Theory Of Change
If women and children who are under served by government hospitals & cannot afford private healthcare and as a result have higher infant
rate and maternal mortality, then by leveraging existing resources extended by private providers and the government , to form private public initiatives with low cost, high quality healthcare will reduce infant and maternal mortality.
Growth plan & the financials
Funding Requirement & Investment Recommendations
An INR 65 Lakhs ($1,40,000) debt or equity funding required per year for 3 years. Lotus hospitals provides a balanced & attractive solution that is less costly than the traditional
private hospitals but better quality care than the govt. and babies they provide a solution to a basic social problem in a sustainable manner.