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Healthcare Delivery

ITC to enter hospital segment in India and the irony is not lost on us

“And Brutus is a honorable man”

William Shakespeare, Julius Caesar

The irony was not lost to many when ITC Chairman Yogi Deveshwar made this announcement after the quarterly results announcement last week. Speaking after the meeting the ITC Chairman went to to clarify that this was not just any other kind of corporate hospital. Here the doctors would have the incentive to look after the patient and not just bring in more revenue. I assume by this he means a model like some trusts and community hospitals in the US. Where the physician pay is determined by the health parameters of the community they serve and not by the number of patients that they are able to draw into the hospitals.