ENTREPRENEUR

   

INDIAN HEALTH SECTOR ENTREPRENEUR 

1. Dr Devi Shetty

Dr. Devi Prasad Shetty is chairman and Founder of  Narayana Health. He is a cardiac surgeon.

Born in Dhaksina kannada , Karnataka.

 Bommasandra on the outskirts of Bangalore, because he could not find any employers who understood his vision. He believes that the cost of healthcare can be reduced by 50 percent in the next 5–10 years if hospitals adopt the idea of economies of scale. Apart from cardiacsurgery, In 2001, Shetty founded Narayana Hrudayalaya (NH), a multi-specialty hospital in NH also has cardiology, neurosurgery, paediatric surgery, haematology and transplant services, and nephrology among various others. The heart hospital is the largest in the world with 1000 beds performing over 30 major heart surgeries a day.

His company has built low cost 150 bed hospital at Mysore on land provided by Government and used cross ventilation instead of air conditioning, to cut investment cost. He was a part of the seven-member panel of Board of Governors which replaced the MCI and served for a period of one year before it was further reconstituted.

His hospitals have reduced costs by taking advantage of the economies of scale, this allows them to complete heart surgeries for a tenth of the cost in the United States.

In the next seven years, there are plans to expand to 30,000 beds with hospitals in India, Africa and other countries in Asia.

Yeshasvini

Yeshasvini is the world's cheapest comprehensive health insurance scheme, at Rs. 10 (20 cents) per month, designed by Shetty and the Government of Karnataka for the poor farmers of the state. It is very well-used in Karnataka with 4 million people covered.

AWARDS

 

 Karnataka Ratna award in 2001

      Rajyotsava award in 2002

 Ernst & Young – Entrepreneur of the Year in 2003

     Sir M. Visvesvaraya Memorial Award in 2003

 Dr. B C Roy award in 2003

       Padma Shri award for Medicine in 2004

The economist Innovation Awards for the Business process field in 2011

       Honorary Degree, University of Minnesota in 2011

Entrepreneur of the Year at ET awards in 2012

     Padma Bhushan award for Medicine in 2012

Honorary Degree, Indian Institute of Technology Madras in 2014