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Business Model #2 - Nyaya Health of Nepal
In the previous post I laid out a canvas view of the Heart Institute of the Caribbean health care model. I will use this post for the comparison of other models mentioned in the MIT article found here:
The second model is that of the Nyaya medical services in Nepal. This initiative is to deliver health services effectively to a remote, geographically and economically challenged area of Nepal. this business model is structured more along the lines of a multi-sided platform. The Nyaya organization leverages the Nepalese government investments in a hospital and training of health care workers to deliver free health care to the remote community.
Key elements of the BM:
As always, comments, correction and suggestions welcome.
I liked your BM, i would like to add that we need to bring in more value to the revenue streams than merely being dependant on Government funding, a few thoughts i have are:
1. Open up the patient base to ethical Clinical trials - Phase IV, the set up since mostly managed by NGO's transparency can be maintained.
2. Through KP's, include the telecom operators to provide the reach since they benefit through voice and data services.
3. I think having in house Pharmacy would help, with direct participation / pooling of medicines from large Pharmaceutical companies.
4. Same is the case with Diagnostics too - the medical devices manufacturers would be more than interested / should be convinced on pay per use model. However they can contribute towards the leasing by an upfront amount to the HC initiative - Nyaya.
5. Lastly there exists a Large amount of patient data which can be made as Anonymized Patient level structured data and a whole lot of FMCG / F&B industry would be interested in possessing. Since its Anonymized its safe and secure.
Trust this helps.
Business Model #3 - Smile Train of India
This is the 3rd of the business models on innovative health care initiatives covered in the MIT article on business models in global health. The details can be found here: http://globalhealth.mit.edu/home/smiletrain/
This is an extremely interesting model when compared to the first two - Heart Institute of the Caribbean (separate post) and Nyaya of Nepal (above). The Smile Train initiative is not a deliverer of health care, but is more a funding organization, driving and supporting the delivery of health care. They are running two separate business lines to accomplish this.
The first business, like the Nyaya is about delivery health to communities through local infrastructure. They differ from Nyaya in two ways. First, they are focussed in one specific medical area (cleft and palate) and are not providing general care. The second, they are funding the local delivery system, rather than using the infrastructure to deliver the service as Nyaya does.
The second business is fund raising. Unlike Nyaya, who also rely heavily on donations, Smile Train is approaching this as a philanthropic organization and focus to document social impact, minimize operational costs and focus activities on funds and awareness raising.
Key Elements of the BM:
1 - Health Services
We have recently had many discussions about the role of social impact as a 'captured value' in business models. This is a great example of this dimension at play. The success of the donations program is predicated on proving the effectiveness (as well as the efficiency) of the program delivery. Therefore the documentation and statistics related to the program delivery business line is a vital captured value that becomes a resource inside the fund raising business line.
2 - Fund raising