Financial sustainability strategies | Mechanism | |
Costs | Bulk purchase of generic medicines | Purchasing generic medicines directly from suppliers allow organizations to negotiate lower prices as well as eliminating the cost incurred by intermediaries |
Paramedical staff | Training paramedical staff to treat simple cases lowers the cost of salaries | |
Laboratory service | Running laboratory tests in own centralized laboratory saves the transportation and service cost of referring to outside laboratories. | |
Income | Flat-rate pricing | Charging a low flat-rate price to all patients save the direct and opportunity cost of measuring each patient’s socio-economic status |
Alternative revenue streams | Having alternative streams of revenue to support health services lowers cost to patients by subsidizing the cost of treatment | |
Subscription packages | Subscription packages allows financial pooling that lowers the cost to patients by distributing the cost of treatment among all subscribers | |
Scaling strategies | Mechanism | |
Scaling physically | Chains, franchises and mobile units increase volume of patients by widening geographical access | |
Scaling virtually | Telemedicine increases volume of patients by increasing access to hard-to-reach areas and saving the cost of transportation |