Sunday, February 11, 2018

Business learnings from the move 'Mersal'

In the recent debate on healthcare in India covering corporate hospitals, pharma drug regulation, medical devices price regulation at various points, universal health insurance etc, one key point has come about the medical profession. Usually, the practical issues in medicine are glossed over but this movie does take an indepth look on functioning.

  1. Due to information asymmetry between doctors and others, there is scope for unscrupulous professionals to take decisions that cannot or won't be objectively reviewed later
  2. Trustees of medical hospitals need to fit the 'fit and proper' criteria otherwise the trust may not attain its objectives including original donor intentions
  3. Low price clinics Like rs 1/5/10 doctors can survive like in Mumbai surburban railway(Thane) if rental cost is low(as depicted in the movie)

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