Health Economics and Life Loss

Everybody would die one day, where, when and how, nobody knows. 

Every day is a mystery. It was so hurting to know that we are so engrossed in our work, we have no time to ask for or share others feelings. 

We all have a story to  tell. Knowing your life story- the good, bad and ugly parts- helps you become more self aware and improves your relationship with yourself and others. It builds your resilience and grit. 

Each of us have these resilient life moments-  some deeply personal. While the scars may remain (as an evidence of healing), through those experiences you may have a newfound appreciation for life, discovering personal strengths, a sense of enhanced relationship with self and/or others, discovery of new possibilities and/or a sense of deepening spiritual changes (Tedeschi & Calhoun)

While the choice to share any personal BUT resolved  resilient life story moment is ones to make, to share is the best way to show you care. Talking helps. 

Attended recently 'Dr M Roshini Memorial Oration' and it was thought provoking. 

Suresh Bhimsinghji said - Be connected  when people are alive. Call up someone you miss, tell them how much you care. Ask them  "How are you? How can I be of help for you? "

Naresh Kumar - Udaykumar - Asha,  Courage is a grace under pressure.  

Manivannan - Health Economics - Ravi Shanker

Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare. Health economics is important in determining how to improve health outcomes and lifestyle patterns through interaction between individuals, health care providers and clinical settings. In broad terms, health economists  study the functioning of healthcare system and health-affecting behaviors such as smoking, diabetes and obesity.

Pandemics change the way we practice:

• Demand Supply 
• Insurance penetration
• Government Intervention
• Investment in Public Health

It will help to:

• Attract new patients
• Retain existing patients
• Attract and retain right talent
• Tech adoption
• Know your balance sheet
• Succession planning/liquidity of your efforts

Top line is Vanity

Bottom line is Sanity

Cash flow is Reality

Some people survive, some perish - thrive. 

Recommended books to read: 

• Romancing the Balance Sheet - On the Go by Anil Lamba, 
• The fortune at the bottom of the Pyramid - C.K. Prahalad

It's wrong to say Profit is a bad word in healthcare. Profiteering is bad. 

As we continue to look at the radical changes sparked by access to technology, we must reflect on how often organized systems operate in the presence of change. In evolution, we have seen how organisms focus on perceiving changes, responding to environment through selection, and remain agile by maintaining diversity. 

If companies want to thrive in disruptive environment, they must perceive change, continuously develop alternative solutions, and select product/service features that reflect market forces. 

Mutation, Evolution and Disruption - this is how organizations adapt to change in environment 

Speciation and Diversification.

drmani@kauveryhealth.com

Jayalal: Wellness is the  most important concept. 75% death due to NCD - Alcohol, smoking, improper diet and exercise. - Country health economics. Comparing with Ethics, of economics and bio ethics. 

A thoughtful initiative from Pattabhiram Sir. More Power to you. Thank you for being you.