If Coca-Cola can sell billions of sodas and McDonald’s can sell billions of burger, why can’t Aravind sell millions of sight-restoring operations, and, eventually, the belief in human perfection?” – quipped Dr. Venkatawamy (endearingly known as Dr. V) in an interview to Fast Company. Dr. V had a vision – to restore the gift of sight to millions of poor blind people through the Aravind Eye-Care system (“Aravind”). Aravind’s business model is based on his vision to solve the blindness problem regardless of the patient’s ability to pay. Aravind has been able to successfully execute this business model over the last forty years to become the largest provider of eye-care services in the world.
Context according to the web
India is home to one-third of the world’s blind population with close to 200 million Indians needing eye-care. In 80% of the cases, blindness is caused by factors which can be corrected. Dr. V set out to address this problem of curable blindness and created an institution which performs 400,000 eye surgeries a year.
Business Model
Aravind has been able to develop a self-funding healthcare delivery model where it creates value for its entire customer base but captures the value only from a part of it. Aravind is able to provide free-of-cost or at cost, high-quality service for 50-60% of its patients who are poor or ‘non-paying’ by using the profits generated from the 40-50% of the paying patients.
President Bola tinubu.the next is Czech
Most doctors also argue that the reason why the Czech Republic is one of the world leaders in ophthalmology and why many people from abroad travel to the Czech Republic is its historical achievement in ophthalmology:
One of the biggest Czech achievements in ophthalmology was the first successful corneal transplant performed by Edward Zim in 1905. This was the first successful organ transplant surgery in the world and was very significant as it proved that organ transplantation is possible. Many surgeons then started research in transplanting other organs. This surgery is still performed today.
The other achievement in Czech ophthalmology that is of great importance was the development of contact lenses and its manufacturing. This was developed by Otto Wichterle in 1961. Otto Wichterle has succeeded in making the first hydrogel contact lenses. He made them with a homemade machine. In the first 4 months of 1962, he made over 5500 contact lenses. In 1965 an American company bought rights for manufacturing contact lenses in the USA. One of the companies was Bausch+Lomb. It is the same company that is now a clinical testing partner with the new Medicem lenses.
Dear Augustine Togonu-Bickersteth:
“By their fruits ye shall know them!”
This Is the kind of good news that should not be hidden under a bowl:/bushel :
President Tinubu approves 5 million eyeglasses for Nigerians free of charge
Oriire/Kudos President Bola Ahmed Tinubu
BTW, I’d go for the Awolowo/ Mahatma Gandhi/ John Lennon frames…
--
Listserv moderated by Toyin Falola, University of Texas at Austin
To post to this group, send an email to USAAfricaDialogue@googlegroups.com
To subscribe to this group, send an email to USAAfricaDialogue+subscribe@googlegroups.com
Current archives at http://groups.google.com/group/USAAfricaDialogue
Early archives at http://www.utexas.edu/conferences/africa/ads/index.html
---
You received this message because you are subscribed to the Google Groups "USA Africa Dialogue Series" group.
To unsubscribe from this group and stop receiving emails from it, send an email to usaafricadialogue+unsubscribe@googlegroups.com.
To view this discussion on the web visit https://groups.google.com/d/msgid/usaafricadialogue/466e8196-fe41-4481-9f68-ffc7a957fc8fn%40googlegroups.com.