how did doctor devi prasad shetty open 22 hospitals from where did he get money to open even 1 hospital
Helo ishaan,
Opening a hospital is generally done after the contibution made by members who are looking for the same thing.
Generally, opening a hospital requires a huge sum of money such that it will provides basic facilities to patients. Looking for opening a hospital if you have parteners then it will be easy to open with some investments else it will hard.
Takkjg about your point on how doctor devi Prasad open 1 hospital, see generally funding is done if the idea is liked by give or anyone then they fund the expenses for that project. Might be doctor devi Prasad took a loan and used his savings for the hospital. So, it is not sure.
Hope this helps.
Thank you:)
Hello ,
Devi Prasad Shetty was born 8 May 1953 is an Indian entrepreneur and cardiac surgeon who is the chairman and founder of Narayana Health, a chain of 21 medical centers in India. Shetty has conducted more than 15,000 heart surgeries including India’s first neonatal cardiac surgery in 1992 and held the distinction of serving as Mother Teresa’s personal physician.
He has accomplished various achievements , like In 2003, he also designed the world’s cheapest comprehensive insurance scheme, Yeshasvini Co-operative Farmer’s Health Care Scheme, which provides cover to poor farmers across 805 surgical procedures for just Rs18 every month. For his service, Shetty received the country’s third highest civilian award, the Padma Bhushan, in 2012 .
In 2016, Shetty has taken India’s stock markets by storm, shares of Shetty’s Narayana Hrudayalaya Limited—a 15-year-old hospital chain that he started in Bengaluru has changed his life. In the process, Narayana Hrudayalaya is valued at a staggering $1.02 billion , with Shetty and his wife, Shakuntala’s stake worth more than $620 million. So all this compassion made him ways to open various hospitals across the country to help common man and this is were from he get the money.
He is also known as The Henry Ford of Indian medicine, today when you are talking about tertiary level health care it is accessible only to rich people but his target is to provided them to everyone.
Thank You!