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Lessons from India in organizational innovation: a tale of two heart hospitals
Barak D Richman1, Krishna Udayakumar, Will Mitchell
1Duke University School of Law in Durham, North Carolina, USA. barak.richman@duke.edu
Abstract:
Recent discussions in health reform circles have pinned great hopes on the prospect of innovation as the solution to the high-cost, inadequate-quality U.S. health system. But U.S. health care institutions-insurers, providers, and specialists-have ceded leadership in innovation to Indian hospitals such as Care Hospital in Hyderabad and the Fortis Hospitals around New Delhi, which have U.S.-trained doctors and can perform open heart surgery for $6,000 (compared to $100,000 in the United States). The Indian success is a window into America's stalemate with inflating costs and stagnant innovation.
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