As a doctor, I was led to believe that the Ayushman Bharat Yojana was doomed to fail because they didn't have enough money to be able to pull this off successfully since they weren’t funded adequately. However, after speaking to the CEO of ABY, at a Fireside Chat at Sankalp Forum, I am much more hopeful, because they have a long-term strategy which has the potential to change healthcare in India. Their model is to finance high volume low margin medical centres, which will serve as focussed factories.
Not only will this help to bring down costs, but it will also help to create better medical outcomes because doctors who do lots of a particular procedure get much better at it. One of the criticisms which private hospitals have levied against the Ayushman Bharat Yojana is that the prices they offer are very low. This is why many have refused to sign up because they feel that the pricing of…