Area Norms: The size of a hospital depends upon the hospital bed requirement, which in turn is a function of the size of the population it serves. As per the Indian Public Health Standards (IPHS), 2012, the calculation of number of beds is based on‐ • annual rate of admission as 1 per 50 population • average length of stay in a hospital as 5 days Bed occupancy is determined by the population size of the city/ district and the annual rate of admission. A thorough evaluation of location, size of the land and cost, factor in this decision. Minimum Land area requirement are as follows: Up to 100 beds = 0.25 to 0.5 hectare Up to 101 to 200 beds = 0.5 hectare to 1 hectare 500 beds and above = 6.5 hectare (4.5 hectare for hospital and 2 hectare for residential) Licenses: A list of important licenses needed before setting up a hospital are:
(Licenses and legal requirements are subject to change in accordance with new government laws) Hospital structure: A basic outlay would include the following:
Setting up a speciality hospital can cost 10 crore – 50 crore for a 100 bedded hospital. Cost may vary depending on the locality, area, and many other variables. Variable analysis: Before initiating the planning process, investigating the variables affecting the success of the hospital is an important step. The variables are:
Key attributes for leading a chain of hospitals Optimizing capital investment: Setting up a hospital is an expensive and tedious job. Keeping up with the latest diagnostic technology can dig deep into your pockets. The price of a good neonatal ventilator starts from 1lakh and can go as high as 20 lakh. An equipment lease is a feasible option, especially when multiple centers are to be set up. They provide upgrading facilities too which saves the depreciation cost Land and building costs can be optimised by Real Estate Investment Trusts, wherein the land is owned by a separate entity Lastly, a Public-Private Partnership can help optimise expenses Conclusion: Private equity and venture capitals have invested progressively into super-specialty ventures. Mother and child hospitals have a deeper understanding of the specialty hence thrive better in the market. They can demonstrate their value to the consumer and their worth to the shareholders. Single super speciality industry has come to life due to the consumer’s shifted focus on value-based healthcare from volume-based healthcare. If you need any support in Planning and Designing a mother and childcare center you can contact us: Hospaccx healthcare business consulting Pvt. Ltd on: info@hhbc.in Or you can visit our website www.hhbc.in