2. HEALTHCARE INDUSTRY
Indian healthcare market is worth ~ US$ 100 billion
Top leading companies are Apollo group, Fortis,
Max, Duncan, Ranbaxy group company etc.
The Indian Health Care Industry earns revenues
accounting for 5.2% of gross domestic product
Expected to grow to US$ 280 billion by 2020 with
CAGR of 22.9 %.
3. NEED OF A NEW HOSPITAL CHAIN
Fastest growing population
Burden of non-communicable disease and re-emerging
infectious disease
Lack of absence of infrastructure
Paucity of doctors and nurses
Low public spending on health
Other healthcare parameters
4. STP ANALYSIS
SEGMENTATION
Geographical: Rural areas, Semi-urban areas and Urban areas
Speciality: Private clinics, Nursing homes, Speciality & Multispecialty hospitals
Class: Lower Class, Middle Class, Upper Middle Class, Upper Class
Psychographic: Benefits – Quality, Service, Economy, Speed
TARGETING
Geographical: Semi-urban areas
Speciality: Speciality hospitals
Class: Middle Class, Upper Middle Class
Psychographic: Benefits – Quality, Service, Economy
POSITIONING
“Quality healthcare experience with a commitment to the exemplary
physical, emotional and spiritual care”
6. Marketing Mix
Product: Service like Emergency, Ambulance, Diagnostic,
Pharmacy, Casualty
Price: Deluxe (Rs.3500/day), Private (Rs.1800/day), Cubical
(Rs.1000/day) and General ward (Rs.600/day)
Place: ETA II, Greater Noida and Ankur Vihar, Ghaziabad
Promotion: Free medical camp, check-ups & acupressure
People: Patients, Doctors, Nurses and other staff
Process: Inpatient and Outpatient
Physical Evidence: Ward, Counter, Dress code, Aroma etc.
7. GAP MODEL
The Customer Gap: Difference between expectations
and perceptions
Provide Gap 1: Not knowing what customers
expectation
Provide Gap 2: Not selecting the right service designs
and standards
Provide Gap 3: Not delivering to service standards
Provide Gap 4: Not matching performance to promises
10. SERVICE DELIVERY
BEFORE
Communicat
e Values
Present
Evidence
Manage
Expectations
DURING
Initiate
Service
Deliver
Values
Conclude
Interaction
AFTER
Service
Souvenirs
Follow-up
interaction
Feedback
Monitoring
11. Create a comfortable environment
Communication and Care
Consistent Multi-channel interaction
Training for all staff members
Ask patients to rate your service
STRATEGY FOR CUSTOMER SATISFACTION
12. PROFITABILTY PROJECTIONS
PARAMETERS COST INCURRED
Land Cost 3,00,00,000
Construction Cost 10,08,00,000
Medical Equipment’s Cost 2,80,46,000
Total Cost 15,88,46,000
Total Cost/Bed 31,76,920
Revenue/year Reqd. (4 yrs.) 3,97,11,500
Revenue/day Reqd. (4 yrs.) 1,08,798