Chatur Consult

CHATUR INITIATIVES (6)

1. Chatur Connect: An Academia-Industry Partnership Facilitation

Research facilities, both infrastructure as well as manpower at academia is underutilized. Whereas the R&D of the corporate world is not geared up to the hardcore research demands of the industry. Data analytics & bioinformatics are the typical examples .Pharma industry seems to be the biggest beneficiary of R&D facilities of academia. Hence a roadmap has to be created for an innovation-fuelled global economy powered by breakthrough research at the institutional and corporate level. 

Confluence of innovative ideas from like-minded visionaries from the corporate and academia worlds who can identify and discuss the challenges of key drivers such as EduTech, Healtcare IT, medical devices & equipment, Internet of Things, Data Science and Analytics, Pharma and provide game-changing solutions. 

For a developing economy like India, a bold and visionary partnership needs to be developed between the academia and the industry to accelerate innovation in technology and propel national growth. 

Academic institutes are well equipped with laboratories and research facilities as well with intellectual. However most of such facilities is underutilized due to various reasons. 

Adoption of translational research by the start-ups & corporates is need of the hour to fuel innovation. The corporates can support in the form of endowments, sponsored research, and creation of joint research facilities. 

According to a recent Assocham study, a whopping figure of unemployed B-school graduates, which is 93 per cent, was noted. The global demand for new-age skill sets in digital and big data analytics are largely unmet by traditional B-schools, which leaves students in a perennial fix. 

There is a dire need of for industry-academia collaborations and Chatur connect has been designed to facilitate collaboration between leaders from the corporate, R&D world, government bodies and the education sector to enable innovation.

2. Chatur Start-up

To incubate and render road-map for healthcare start-ups. Our expertise in healthcare sector will pivotal for any start-up who are embarking their journey in this sector. Chatur brings a list of capabilities from incubating the start-up from ideation, product / service development, protype modelling & testing, and proof of concept verification. Moreover, our vast experience and relationship with various stakeholders in the industry will come in handy will building a network of partners and services for any start-up.  

Chatur Hospicare Consulting can help you avoid the pitfalls and potholes on your path from startup launch to successful, established business. We have expertise in the following important categories for healthcare startup success.

• Market Research

• Branding and Product Differentiation

• Go-to-Market Strategy

• Beta site selection

• Marketing

• Business Development

• Direct Sales

We work with healthcare startups in the following categories:

• Medical Devices

• Biopharmaceutical

• Medical Research

• Medical Treatments

• Telehealth

• Mobile health (mHealth)

• Healthcare Enterprise Technology (most often cloud-based software platforms, frequently utilizing some type of artificial intelligence)

• Medical/Physician Referral Services

3. Chatur Tech

Chatur’s main vision is to deliver cost effective quality healthcare .Technology is the right answer to optimize process, cost control, standardise treatment, to ensure good outcome and to deliver quality. Chatur tech ensures access to healthcare services in every possible form. Continuum of care and patients delight are the core deliverable of Chatur tech. Chatur tech also provides supportive services like CRM, insurance, billing & supply chain management.

Chatur tech enables productivity by providing e health eco system which provides comprehensive solutions like cloud computing, mobile and web application, data management system, chronic disease management, quality and safety, cyber security. Redefined care delivery, talent management, digital patient management, patient engagement, stream line communication, optimize work flow, patient notification, hospital asset tracking.

Chatur bring home varies of technological solution require in the healthcare industry. Be it for Finance, HR, Operation, Sales & Marketing and Billing

Digital will revolutionise healthcare delivery in the twenty-first century. We work with healthcare companies to digitally transform their organisation so they can reap the benefits of digitalised processes, gain new insights through data analytics, and engage and serve patients through digital platforms.

As the availability of healthcare services and products improves, brand is becoming an increasingly important differentiator. We help organisations understand patients’ decision-making process and design brand and marketing strategies that inspire trust at each step of their journey.

We help healthcare organisations achieve performance excellence by increasing revenues and optimising costs. We evaluate your direct and indirect costs, procurement practices, working capital levels and productivity to reduce outlays. At the same time, we identify opportunities to increase occupancy rates and optimise the patient and service mix.

4.Chatur CSR

Chatur will be your guide while you are choosing to invest in healthcare CSR. Similarly, we will help you execute projects from CSR funding. 

The expansion and modernisation of healthcare facilities, patient demand for world-class treatment, and the rising need to manage chronic diseases at home are all increasing demand for medical equipment. We help manufacturers understand the complex buying process of B2B and B2C customers and design the right go-to-market strategy. We also help equipment manufacturers achieve performance excellence by realising their full potential.

Driven by our core guiding principle of ‘Making a Meaningful Impact to Lives Everywhere’, Corporate Social Responsibility at Chatur has a very vibrant and enthusiastic outlook. As a specialist provider of consulting to healthcare organizations, our work directly and significantly impacts the quality and well-being of human lives.

Corporate Social Responsibility (CSR) is a concept that has many different meanings and definitions. The way it is understood and implemented differs greatly for each company and for each country. CSR has been defined by the World Business Council for Sustainable Development (2000) as: “The continuing commitment by business to behave ethically and contribute to economic Social development while improving the quality of life of the workforce and their families as well as the local community and society at large” There are many reasons why it pays for companies, both big business and SMEs (small and medium enterprises) to be socially responsible and be conscious about the interest of the key stakeholders. 

The healthcare industry has a variety of challenges that the average person may not fully understand. Issues such as stringent regulatory compliance, intense labor shortages in nursing, increased and costly technological advancements, implementation of international quality standards and substantial community dependence make this industry one of the most operationally difficult. Hospitals have to work harder than other industries to win and retain that trust while coping with the operational challenges. 

A review of the Fortune top 1000 companies list, reveals that among the 14 listed in the “Healthcare: Medical Facilities”, not one has issued any kind of non-financial reports. A GRI reports’ list shows that among the 1003 organizations reporting in the year 2008, only eight from the healthcare service have reported their sustainability performance. Considering the level of trust that people have in hospitals, it is strange and unfortunate to see so few reports coming out from hospitals. It is also regrettable that there is no comprehensive guidance available on implementing CSR in hospital operations. 

CSR could play a major role in this context by highlighting the performance of the hospital in a transparent and sincere way and result in better understanding from the community about the above mentioned challenges that this sector faces. Moreover, CSR will help the healthcare sector to elaborate on social issues that could serve to improve their images and enhance the stakeholder engagement by making their performance indicators available to public.

5.Chatur Capital 

Chatur has extensive database of investors who focus their investment in the healthcare sector. We also help you complete a due-diligence prior to investment. 

On the other hand, Chatur could help to do a complete and comprehensive due diligence of a start-up and provide a independent report for the investor community. 

When considering an acquisition, the due diligence process enables a buyer to make a “go/no-go” decision about closing the deal. Due diligence also helps a buyer develop strategies to mitigate risk, and allocate potential liabilities when deals close.  Conducting due diligence in the acquisition of a healthcare facility or hospital system includes all the ordinary legal, corporate and financial due diligence activities, but also includes unique areas of inquiry. Here are just a few due diligence considerations for healthcare.

Private investment activity and corporate mergers and acquisitions (M&A) continue to eclipse records in the healthcare and life science industries. As deal activity rises, competition for investments is growing fierce.

This intense competition for assets, coupled with tight buy-side timelines and complex deal evaluations, requires a sophisticated healthcare advisory partner.

Chatur brings deep healthcare subject matter expertise, data-driven insights, quantitative rigor, and fast-paced and responsive client service to all our acquisition and partnering work.

Chatur applies decades of experience in buy-side investment support, including commercial due diligence, across all four of our core business verticals: pharmaand biotech, medical devices, diagnostics and life sciences, and health IT and digital health.

For financial and strategic investors, we offer services appropriate for all timelines and scopes, from quick-turn commercial due diligence (CDD) projects to multi-phase market landscaping, target identification, and M&A advisory engagements.

Health care Delivery; Planning; Process Optimization. 

6.Chatur Social

Chatur facilitates NGO’s who work in domain of healthcare delivery,Chatur empowers NGO’s in terms of efficient management capability,healthcare consultancy and conectin them to the right fund provider.Chatur catalyses innovation in edutech soace for the learning disabled children.Chatur has identified a huge gap in delivery of standardized and cost efficient remedial education on a larger scale to bring about transformational change in lives of millions of children

Chatur also consults NGO’s who fund healthcare projects in identifying the right partner, engage them in the projects meaningfully and give feedback about the outcome and effectiveness of the program.

Health & Concern HEALTH & CONCERN 

Concern is a project of our organization that works, for promotion of the total health of the community

TARGET GROUPS

Pre-school children, school students, youth, women and the community as a whole.

SERVICES RENDERED

- Management & innovations in learning disability 

- Facilitate healthcare delivery to the rural areas

- Healthcare management consulting and support for NGO and government organisations

 - MEDICAL SERVICES

Regular Medical Check-ups

Medical Camps

- Referral Service

CRUSADE AGAINST ADDICTION & HIV/AIDS   

ADDICTION

HIV AIDS

Counselling. 

Referral Services & Follow-up

Campaign Against Drugs & Alcohol

Awareness Education to School

Students & Youth

Peer Group Training

        III. HEALTH EDUCATION

1. To School Students

2. To women and pre-school children

3. To community as a whole.

We help healthcare organisations achieve performance excellence by increasing revenues and optimising costs. We evaluate your direct and indirect costs, procurement practices, working capital levels and productivity to reduce outlays. At the same time, we identify opportunities to increase occupancy rates and optimise the patient and service mix.