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Are you familiar with Reverse Innovation?



Reverse Innovation in Health Care: How to Make Value-Based Delivery Work


I had no expectations when I began the book in terms of content but wanted to be informed of whats happening in health care. A little while into the book, I realised that I read an article by the authors in HBR on reverse innovation.
But when I saw the picture of a pocket ultrasound machine, the concept of making things for less hit home, similar to Musk's question of how much should a rocket cost?
I have heard of Aravinda Eye Hospital and LV Prasad Eye Institute but not of Narayana Hrudayalaya. The book goes into great detail of how the chosen hospitals in India are able to provide great service at a fraction of international cost.
How can that be brought to US? There are already some institutions in partnership with learning from the above. Ascension, Iora Health, UMMC and other are examples that have been dealt in a very interesting fashion to make the reader understand what stops the US health care from innovating. Did you know of the certificate-for-need that needs to done before a new health center can show up?
There is an element of suspense with the HCCI, if the practices in india stand to the test of the Western model.
The book ends with a set of recommendations and questions to reduce the healthcare costs in US. It was revelatory to read that GM has to add more than a grand to the cost of the car, so they can maintain the rising health cost for their pensioners.
I learned a lot in terms of innovations. How a toymaker made a voicebox for $1 possible? Kanav Kahol's Swathya Slate.
I would recommend this book to all the people in healthcare, those interested in knowing the role of health coaches in keeping the costs down, cross-industry innovation, economies of scope, hub and spoke model for task-shifting.


Kanav has now made phototherapy device at home under 30$.

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