Authors :
Dr.Venugopal Reddy. I; Dr. Adarsh Somashekar
Volume/Issue :
Volume 9 - 2024, Issue 12 - December
Google Scholar :
https://tinyurl.com/yc793w5m
Scribd :
https://tinyurl.com/4rrbzbnp
DOI :
https://doi.org/10.5281/zenodo.14591198
Abstract :
Profitability in multi-unit hospitals is often
hindered by high operational costs, underutilization of
services, and intense competition. This review focuses on
addressing these challenges through innovative strategies
like cost optimization, value-based care, service
diversification, and strategic marketing. Case studies
from multi-unit hospitals in India highlight successful
implementations of these strategies. By leveraging data
analytics, streamlining resource allocation, and
enhancing patient experience, multi-unit hospitals can
achieve financial sustainability while maintaining high-
quality care.
Keywords :
Profitability, Cost Optimization, Value-Based Care, Healthcare Marketing, Multi-Unit Hospitals.
References :
- World Health Organization. "Healthcare Efficiency: A Global Perspective." 2020.
- Kumar, R., & Sharma, P. "Service Diversification in Indian Hospitals." Indian Journal of Healthcare Management, 2021.
- Singh, M. "Cost Optimization in Multi-Unit Hospitals." Journal of Organizational Effectiveness, 2019.
- Deloitte Insights. "Driving Profitability in Healthcare." 2022.
- National Institute of Health. "Lean Management in Healthcare Operations." 2021.
- Indian Hospital Association. "Revenue Stream Analysis in Multi-Unit Hospitals." 2020.
- AHA. "Marketing Strategies for Patient Acquisition." 2021.
- Harvard Business Review. "Value-Based Care Models." 2020.
- WHO. "Leveraging Data Analytics in Healthcare Management." 2019.
- Smith, J. "Predictive Modeling for Resource Optimization." Journal of Healthcare Innovations, 2020.
Profitability in multi-unit hospitals is often
hindered by high operational costs, underutilization of
services, and intense competition. This review focuses on
addressing these challenges through innovative strategies
like cost optimization, value-based care, service
diversification, and strategic marketing. Case studies
from multi-unit hospitals in India highlight successful
implementations of these strategies. By leveraging data
analytics, streamlining resource allocation, and
enhancing patient experience, multi-unit hospitals can
achieve financial sustainability while maintaining high-
quality care.
Keywords :
Profitability, Cost Optimization, Value-Based Care, Healthcare Marketing, Multi-Unit Hospitals.