Part 01: Dr. Manoharsha Gannena, A consultant podiatric and diabetic foot surgeon, shares crucial insights into how to start a healthcare business and thrive in the medical industry.
Discover:
• The Specialization of Podiatry: Dr. Manoharsha details podiatry as a specialized branch of foot and ankle surgery, highlighting the significant issue of delayed patient presentation for related complications, especially those linked to diabetes.
• Business Beyond Money: He passionately argues that business in healthcare is fundamentally about providing value to society and solving problems, with revenue being a by-product. He emphasizes the importance of finding a purpose as a surgeon, particularly in addressing widespread issues like diabetes.
• Financial Literacy for Doctors: A central theme is the critical need for doctors to possess financial literacy and planning skills. Dr. Manoharsha explains how a lack of financial understanding can lead to mistakes, stress, and even negatively impact patient care and doctor well-being.
• Sustainable Healthcare Models: Drawing inspiration from visionary leaders like Dr. Devi Shetty, he discusses the concept of creating sustainable and affordable healthcare systems through volume, efficient systems, and strategic purchasing. This includes leveraging economies of scale and reducing operational costs to offer quality care without losses, particularly vital in developing countries.
• Key Takeaways for Aspiring Healthcare Entrepreneurs: Learn why doing your homework, understanding operational costs (like equipment pricing), and having a clear strategy, knowledge, and skills are paramount to offering the best service to patients and building a successful, sustainable practice.
This video is a must-watch for doctors, medical professionals, and aspiring entrepreneurs looking to understand the nuances of the healthcare business, focusing on purpose, financial acumen, and creating impactful, value-driven services.
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How to Start Healthcare Business | Medical Industry Business Ideas | Dr. Manoharsha | Revanth
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