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Cracking the Code on Affordable Health Care – Part 1: An Interview With Dr. Devi Shetty, Founder of Narayana Hrudayalaya
Devi Shetty is one of the world’s most celebrated surgeons. His patients have included Mother Teresa, and his list of accomplishments is the stuff of legend. But Dr. Shetty’s biggest legacy may be his work in pioneering a radically affordable health care model through Narayana Hrudayalaya, one of India’s largest hospital chains. In part 1 of this Q&A, he lays out the advantages (and sacrifices) of this model.
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- Health Care, Social Enterprise
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The Profit vs. Nonprofit Tug of War: From investors to employees, why my social business did a 180
After operating as a non-profit for a year and a half, I decided to flip BLISS to a for-profit. As a nonprofit, we were attracting the wrong people and the wrong money. This is something I had feared, but when it started coming true, it hurt our progress more than I could have imagined. I learned this the hard way, but having a purpose other than profit, such as creating social impact, is not sufficient reason to be a non-profit.
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- Uncategorized