Package Pricing at Mission Hospital Harvard Case Solution & Analysis

Mission Hospital started its operations on April 02, 2008 with the purpose of supplying highest quality patient care facilities to everyone at affordable rates. This superb specialty hospital located in Durgapur, West Bengal, India, specializes in cardiac operations. Many of its patients are from neighboring nations and nearby states, and are covered under distinct health schemes. Among hospitals in India, flat rate for unique treatments is becoming popular, primarily owing to government schemes and health care tourism. This would imply the package price should be computed by the hospital on the foundation of patient's clinical and non-clinical advice available in the time of admission. Flat fee (or bundle pricing) can cause a loss to the hospitals if they do not precisely estimate the therapy cost for a patient. The hospital faces the challenge of identifying the key variables that drive the total cost of treatment so that it may quote an appropriate price to the individual.

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PUBLICATION DATE: July 21, 2015 PRODUCT 2015 PRODUCT #: IMB527-HCB-ENG

 

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