Everything Meena Ganesh said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ganesh: Experienced nurses are often more capable than newly minted doctors
“And in many cases, nurses are much more capable than a newly formed Newly minted doctor because of all the experience that they've had, but they're not permitted to say anything or do anything.”
Ganesh: Healthcare requires patient private equity, not venture capital
“So in my view, healthcare is a patient capital. Healthcare is long duration. Healthcare is not a rocket ship. Healthcare is grows, becomes steady, and then continue to provide dividends in that kind of an industry. And the kind of capital that needs to go afte…”
Ganesh: Multinational pharma in India has completely eliminated doctor kickbacks
“Definitely the multinational pharma companies are completely away from any kind of kickbacks to doctors. That is completely stopped, even to the extent that you can't even pay a doctor to go To attend one of your training sessions in a different city or a diff…”
Ganesh: AI radiology tools can reduce the need for human radiologists
“If you look at radiology, suddenly the requirement for radiologists can actually go down with the way AI can machine learning can use, can be used to just interpret the X-rays and interpret all different kinds of radio radiology outputs that come. CT scans and…”
Ganesh: Hospitals make peak margins in the first three days of admission
“Where does the hospital make money really is in the first two days of the of the admission of a patient. And that's when the real amount of revenue per operating bed comes in. After that, it becomes like a hostel or it becomes like a hotel. They're paying for …”
Ganesh: 70% of healthcare needs occur outside of hospital settings
“Also it was very apparent and various studies have also shown that 70% of the healthcare needs of people, of citizens are actually to be fulfilled outside of hospitals.”
Ganesh: Standalone teleconsultations cannot cover customer acquisition costs
“The third is that things like tele consultations and quote unquote digital health by themselves find it difficult to monetize. They need to have something more than that to monetize. And that's why you see them pairing up or adding on services such as labs and…”
Ganesh: India Delivers Fast Specialized Healthcare Compared to Long Global Waitlists
“Two interesting things is that you can get the healthcare by paying for it, and you can get it within a timeframe, which is acceptable to you. Unlike many countries where you have to wait for months to get an MRI, to get a scan done, to get a knee replacement,…”
Ganesh: Very few medtech companies achieve rapid breakout scale globally
“There are very few examples, whether in India or elsewhere, where there would be a med tech company just has taken off and has become very, very large.”
Ganesh: Discounting Does Not Drive Consumption in Healthcare
“You're not going to take a medical device or a medical product just because I discount and it's cheap for you. Are you going to consume more medications because it's cheaper? No. Exactly. So this is not a category where we can say, okay, let's put a lot of mon…”
Ganesh: Healthcare Brand Switching Is Extremely Difficult Due to High Loyalty
“Changing a brand is very, very difficult. It's difficult to move people from one brand to the other, be it a doctor, be it a hospital, be it a healthcare provider like Potia. It is something that requires a lot of effort to move people from one brand to the ot…”
Ganesh: Complex Indian hospital procedures like transplants carry huge profit margins
“Then there are the, you can do a heart and lung transplant and massive. You pay 50 lakhs or crore rupees to get your heart and lung transform. Huge margins there.”
Ganesh: Hospital Entry Into a City Boosts Local Healthcare Demand
“The moment a good hospital goes into a city the overall health the health seeking behavior of that city goes up and people are willing to take good quality health care and supportive care.”
Ganesh: Technology at every layer improves margins by thinning healthcare management
“Your gross margin start to look better because you've built in thin layers of management and you're not trying to see what happens otherwise in a healthcare in a facility, you see, there's so many people who are, it's just filled with people who are managing p…”
Ganesh: ABDM digital health rollout will probably take a decade
“UPI took a decade. This is probably also going to take that much of time. But all the learning that went through in the previous ones as they get used over here I'm hopeful that things will move faster.”
Ganesh: Government healthcare systems now require an ABHA number to register
“At the ground level where you see, when you go into a government healthcare system, there is an ABHA number is becoming quite critical and without that they won't register.”
Ganesh: US defensive medicine drives up insurance payouts and premiums
“The doctors are practicing, especially in the U S defensive medicine, they don't want to be told, oh, you didn't do all these checks by somebody who sues them. They just throw everything at it and insurance will pay cost of insurance goes up.”
Ganesh: Indian doctors run overseas screening camps to funnel surgical patients
“Doctors in India tend to create a full market for themselves by going into these you know, they go to the Middle East or go to Africa or some countries in Europe, they would go there, they will carry out their OPs over there. They'll see the patients. They wil…”
Ganesh: Ultrahuman's CGM Uses Abbott Hardware With Custom Software
“Even the ultra human CGM is actually an abbot CGM that you wear, but ultra human on top of that created the full platform.”
Ganesh: Point-of-Care Diagnostics Are Better for Screening Than Measurement
“Most of the times these point of care devices are better for screening rather than for the quantitative measurement.”
Ganesh: Hospitals must achieve large scale or high specialty to stay viable
“Size is something which is important in the hospital space, or it has to be such a high specialty that they're able to charge substantial amounts.”
Ganesh: Outside-hospital healthcare can scale pan-India unlike regional hospital brands
“There's an opportunity to create a brand which is recognized for itself, and it could potentially be a pan India brand unlike hospital brands, which tend to be more regional in nature. Because of the nature of outside of hospital healthcare, it actually is pos…”
Ganesh: Indian consumers broadly resist adopting preventive healthcare checkups
“Indians don't very easily look at preventive care. We are far from taking, doing regular checkups and diagnostics to make sure that we are in a good shape. Perhaps it's picked up a lot more in the last decade, but still we don't do that. Even people who are ve…”
Ganesh: Portea has maintained positive unit margins from day one
“However, we've also ensured that from day one we make unit, unit margins are maintained, and we never lose money for anything that we do.”