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Factory model for hospitals is cutting costs, yielding profits

Wall Street Journal, November 23, 2009

A new approach has transformed healthcare in India through a simple premise that works in other industries: economies of scale. By driving huge volumes, even of procedures as sophisticated, delicate, and dangerous as heart surgery, the theory has managed to drive down the cost of healthcare in his nation of one billion. The model offers insights for countries worldwide that are struggling with soaring medical costs, including the U.S. as it debates major healthcare overhaul.