Authors : Dr. Venugopal Reddy.I

Volume/Issue : Volume 9 - 2024, Issue 12 - December

Google Scholar : https://tinyurl.com/3rbb5jew

Scribd : https://tinyurl.com/3ftm2wfz

DOI : https://doi.org/ 10.5281/zenodo.14557496

Abstract : Mother and Child Specialty Hospitals in metropolitan cities like Bangalore operate under unique challenges, including high operational costs, specialized staffing, and competitive healthcare markets. Achieving a sustainable EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of at least 20% requires innovative cost-management strategies, efficient resource allocation, and a focus on revenue enhancement. This article presents an in-depth analysis of standard expenditure benchmarks, innovative strategies, and actionable insights with supporting graphical representations to improve financial outcomes. The article aims to serve as a guide for hospital entrepreneurs, chairpersons, and CEOs.

References :

1. National Accreditation Board for Hospitals & Healthcare Providers (NABH). Guidelines for Hospital Management and Financial Sustainability. [Online]. Available: https://nabh.co/
2. World Health Organization (WHO), Managing Cost Efficiency in Specialty Hospitals. [Online]. Available: https://www.who.int
3. McKinsey & Company, “Optimizing Revenue and Cost Models in NICUs,” Healthcare Financial Insights, vol. 14, pp. 45-53, 2023.
4. Deloitte India, “Energy Efficiency in Indian Hospitals: Reducing Operational Costs,” Deloitte Insights, 2022.
5. PwC, “Operational Efficiency and Financial Performance in Healthcare Facilities,” PwC Healthcare Report, vol. 7, no. 3, pp. 25-30, 2022.
6. BMJ, “Staffing Optimization in Pediatric Hospitals,” The British Medical Journal, vol. 375, no. 12, pp. 1902-1910, 2022.
7. PubMed, “Cost Optimization and Resource Allocation in Obstetric Units,” International Journal of Healthcare Economics, vol. 8, pp. 220-229, 2023.
8. The Lancet, “Revenue Growth Models for NICU and PICU Services,” The Lancet Global Health, vol. 14, no. 6, pp. 1201-1210, 2023.
9. Indian Journal of Pediatrics, “Financial Sustainability and Cost Efficiency in Specialty Hospitals,” Indian J Pediatr, vol. 90, no. 5, pp. 405-412, 2023.
10. IJISRT, “Case Studies on Digital Transformation in Hospitals,” International Journal of Innovative Science and Research Technology, vol. 8, no. 9, pp. 75-82, 2023.