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Narayana Hrudayalaya 
“The Low Cost and High 
Quality Service Provider” 
DATE:10.11.2014 
1
Learning objectives 
 To know about the hospital Narayana 
health. 
 To know about the management 
philosophy. 
 To know about the leadership style of 
Dr. Devi Prasad Shetty . 
 To know about the Innovations of 
Narayana health. 
2
Narayana Health : Introduction 
 Narayana Health formerly known as Narayana 
Hrudayalaya, is a multi-specialty hospital chain in India, 
headquartered in the city of Bengaluru. 
 It is known as a low cost and high quality Indian 
healthcare service provider. 
 Narayana Health is also a renowned centre for 
telemedicine, the services rendered are free of cost. 
3
Narayana Health : Introduction...(cont..) 
 Narayana Health was founded in 2001 by Dr. Devi 
Shetty under the aegis of the Asian Heart Foundation 
(AHF) 
 Since then it has expanded its presence to 23 
hospitals in 14 cities. 
 In 2013, Narayana Hrudayalaya Pvt. Ltd. changed its 
brand name to Narayana Health. 
4
Vision and Values 
 Narayana Health’s vision is "To provide high quality 
health care, with care and compassion, at an 
affordable cost, on a large scale. 
 The core values of the organization are represented 
by the acronym iCare; 
 i – Innovation and efficiency: To continuously reduce the 
cost of delivery of healthcare and improve reach ; 
 C - Compassionate Care: To provide accessible care that 
makes a difference to our patients; 
5
Vision and Values…(Cont..) 
a - Accountability: To honour our commitments with integrity 
and transparency to our patients, employees and investors; 
 r - Respect for all: To recognize the contribution of every 
employee and respect the rights and the dignity of every 
patient and employee; 
 e - Excellence as a Culture: To create a culture of ensuring the 
highest quality of consistent and reliable services to our 
patients and sustainable value for our stakeholders. 
6
Mission Statement 
DREAM AT NARAYANA HRUDAYALAYA IS “A DREAM 
OF MAKING QUALITYHEALTHCARE AVAILABLE TO 
THE MASSES WORLDWIDE”. 
To make the dream a reality we commit ourselves to: 
1. Being a tertiary care referral center for complex 
7 
medical and surgical problems. 
2. Developing a Health City Model, to be replicated 
nationally and internationally. 
3. Excelling as an Education, Training and Research 
Center in Medical, Paramedical & Allied specialties.
Innovations of Narayana Health 
 Improvements in quality of clinical outcomes since 
clinicians are exposed to a variety of medical 
conditions. 
 Reduced cost per surgery by using shared resources 
like laboratory, radiology, infection and quality 
control Teams, administrative overheads. 
 Ideal for resident doctors, clinicians to receive on 
site training which helps in reducing salary costs and 
build succession plans. 
8
Leadership : Dr. Devi Shetty, Chairman 
In 2001, Dr. Devi Prasad 
Shetty, Chairman, Narayana 
Health stepped in to make a 
difference to the Indian 
healthcare and he put into 
place a dream hospital 
project called Narayana 
Hrudayalaya. 
9
Leadership : Dr. Devi Shetty, Chairman 
 He has leveraged economies of scale to provide affordable 
healthcare. 
 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. 
 Dr. Shetty focused on the fact that 70% of India’s population 
lives in villages but 70% of the country’s doctors lives in 
cities. He therefore persuaded the Indian Space Research 
Organization in Bangalore to provide satellite connections 
that allowed NH to establish a telemedicine network 
between city hospitals and villages. 
10
Challenges India Face 
 In India, the dual pressures of poverty and a large 
population make effective healthcare delivery 
especially challenging. 
 The large rural population of India means that access 
to healthcare is low, with less than one doctor per 
1,000 people and 1.1 hospital beds per 1,000 people. 
 Increasing the health resources of the nation requires 
substantial investment. To achieve the target of two 
beds per 1,000 population by 2025, an additional 1.75 
million beds are needed. 
11
What India Needs ?? 
 India needs low cost, high productivity care 
 A solution is not a solution unless it is affordable 
The Solution is NH 
NH are committed to creating an affordable, globally-benchmarked 
quality-driven healthcare services 
12 
model. 
a
A Snapshot of a Revolution 
More than 99,000 Cardiac surgeries and 2,46,000 Cath lab 
procedures [ Till Financial Year 2013-14 since existence] 
80bed dedicated post-op paediatric cardiac ICU – the largest in theWorld. 
Discounts of 15% of the revenues on an average per month. 
One of the largest dialysis units in India with 217dedicated beds 
and 130,000procedures per year. Patients from76countries 
Amongst the largest telemedicine networks in the world . 
13
Journey 
14
Awards and Accolades 
 2013 
- NICS, Bangalore Ranked Best Private Cardiac Hospital in India - 
"The Week Nielsen Best Hospital Survey, 2013" 
- Good Company Award, Philanthropy Awards 2013, Forbes India 
 2012 
- Scored 36th rank amongst "World`s 50 most innovative 
companies" by Fast Companies. 
 2011 
- India Shining Star CSR Award for the exceptional CSR work in 
health sector. 
 2010 
- Best Hospital by CNBC & ICICI Lombard. 
15
Milestone Achievements 
 Conducts 40 heart surgeries every day 
 Expertise in liver transplants on babies less than 10 kg weight 
with 95% success rate. 
 First heart hospital in Asia to Implant an artificial heart. 
 Performed combined kidney and pancreas transplant, offers 
formal training program for paediatric cardiac surgery. 
 Narayana Foundation conducts 61 training programmes and is 
short-listed by the University Grant Commission (UGC) for the 
status of a Deemed University. 
 Thrombosis Research Institute, Bangalore a division of Narayana 
Health is working towards discovering a vaccine to prevent heart 
attack. The Institute has come up with markers to diagnose heart 
disease early. 
16
Conclusion 
 Narayana health aims to treat middle class and rural patients 
at low cost and provides good services. 
 In spite of providing good services at comparatively low 
profits, the hospital earns high revenues due to reasonable 
pricing structure and effective and efficient utilization of 
resource. 
17
18

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Narayana health: the low cost & high quality service provider.

  • 1. Narayana Hrudayalaya “The Low Cost and High Quality Service Provider” DATE:10.11.2014 1
  • 2. Learning objectives  To know about the hospital Narayana health.  To know about the management philosophy.  To know about the leadership style of Dr. Devi Prasad Shetty .  To know about the Innovations of Narayana health. 2
  • 3. Narayana Health : Introduction  Narayana Health formerly known as Narayana Hrudayalaya, is a multi-specialty hospital chain in India, headquartered in the city of Bengaluru.  It is known as a low cost and high quality Indian healthcare service provider.  Narayana Health is also a renowned centre for telemedicine, the services rendered are free of cost. 3
  • 4. Narayana Health : Introduction...(cont..)  Narayana Health was founded in 2001 by Dr. Devi Shetty under the aegis of the Asian Heart Foundation (AHF)  Since then it has expanded its presence to 23 hospitals in 14 cities.  In 2013, Narayana Hrudayalaya Pvt. Ltd. changed its brand name to Narayana Health. 4
  • 5. Vision and Values  Narayana Health’s vision is "To provide high quality health care, with care and compassion, at an affordable cost, on a large scale.  The core values of the organization are represented by the acronym iCare;  i – Innovation and efficiency: To continuously reduce the cost of delivery of healthcare and improve reach ;  C - Compassionate Care: To provide accessible care that makes a difference to our patients; 5
  • 6. Vision and Values…(Cont..) a - Accountability: To honour our commitments with integrity and transparency to our patients, employees and investors;  r - Respect for all: To recognize the contribution of every employee and respect the rights and the dignity of every patient and employee;  e - Excellence as a Culture: To create a culture of ensuring the highest quality of consistent and reliable services to our patients and sustainable value for our stakeholders. 6
  • 7. Mission Statement DREAM AT NARAYANA HRUDAYALAYA IS “A DREAM OF MAKING QUALITYHEALTHCARE AVAILABLE TO THE MASSES WORLDWIDE”. To make the dream a reality we commit ourselves to: 1. Being a tertiary care referral center for complex 7 medical and surgical problems. 2. Developing a Health City Model, to be replicated nationally and internationally. 3. Excelling as an Education, Training and Research Center in Medical, Paramedical & Allied specialties.
  • 8. Innovations of Narayana Health  Improvements in quality of clinical outcomes since clinicians are exposed to a variety of medical conditions.  Reduced cost per surgery by using shared resources like laboratory, radiology, infection and quality control Teams, administrative overheads.  Ideal for resident doctors, clinicians to receive on site training which helps in reducing salary costs and build succession plans. 8
  • 9. Leadership : Dr. Devi Shetty, Chairman In 2001, Dr. Devi Prasad Shetty, Chairman, Narayana Health stepped in to make a difference to the Indian healthcare and he put into place a dream hospital project called Narayana Hrudayalaya. 9
  • 10. Leadership : Dr. Devi Shetty, Chairman  He has leveraged economies of scale to provide affordable healthcare.  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.  Dr. Shetty focused on the fact that 70% of India’s population lives in villages but 70% of the country’s doctors lives in cities. He therefore persuaded the Indian Space Research Organization in Bangalore to provide satellite connections that allowed NH to establish a telemedicine network between city hospitals and villages. 10
  • 11. Challenges India Face  In India, the dual pressures of poverty and a large population make effective healthcare delivery especially challenging.  The large rural population of India means that access to healthcare is low, with less than one doctor per 1,000 people and 1.1 hospital beds per 1,000 people.  Increasing the health resources of the nation requires substantial investment. To achieve the target of two beds per 1,000 population by 2025, an additional 1.75 million beds are needed. 11
  • 12. What India Needs ??  India needs low cost, high productivity care  A solution is not a solution unless it is affordable The Solution is NH NH are committed to creating an affordable, globally-benchmarked quality-driven healthcare services 12 model. a
  • 13. A Snapshot of a Revolution More than 99,000 Cardiac surgeries and 2,46,000 Cath lab procedures [ Till Financial Year 2013-14 since existence] 80bed dedicated post-op paediatric cardiac ICU – the largest in theWorld. Discounts of 15% of the revenues on an average per month. One of the largest dialysis units in India with 217dedicated beds and 130,000procedures per year. Patients from76countries Amongst the largest telemedicine networks in the world . 13
  • 15. Awards and Accolades  2013 - NICS, Bangalore Ranked Best Private Cardiac Hospital in India - "The Week Nielsen Best Hospital Survey, 2013" - Good Company Award, Philanthropy Awards 2013, Forbes India  2012 - Scored 36th rank amongst "World`s 50 most innovative companies" by Fast Companies.  2011 - India Shining Star CSR Award for the exceptional CSR work in health sector.  2010 - Best Hospital by CNBC & ICICI Lombard. 15
  • 16. Milestone Achievements  Conducts 40 heart surgeries every day  Expertise in liver transplants on babies less than 10 kg weight with 95% success rate.  First heart hospital in Asia to Implant an artificial heart.  Performed combined kidney and pancreas transplant, offers formal training program for paediatric cardiac surgery.  Narayana Foundation conducts 61 training programmes and is short-listed by the University Grant Commission (UGC) for the status of a Deemed University.  Thrombosis Research Institute, Bangalore a division of Narayana Health is working towards discovering a vaccine to prevent heart attack. The Institute has come up with markers to diagnose heart disease early. 16
  • 17. Conclusion  Narayana health aims to treat middle class and rural patients at low cost and provides good services.  In spite of providing good services at comparatively low profits, the hospital earns high revenues due to reasonable pricing structure and effective and efficient utilization of resource. 17
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