Devi Shetty

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Devi Prasad Shetty
Devi Shetty.jpg
Born (1953-05-08) 8 May 1953 (age 70) [1]
Kinnigoli, South Canara district, Madras State, (present-day Karnataka) India
Education Kasturba Medical College, Mangalore (MBBS, MS)
Royal college of Surgeons (FRCS)
Years active1983–present
Known forFounder & Chairman, Narayana Health [2]
Medical career
Profession Cardiothoracic surgery
Institutions Kasturba Medical College, Mangalore
Guy's Hospital, London
BM Birla Heart Research Centre, Kolkata
Manipal Hospital, Bangalore
Sub-specialties Cardiovascular Thoracic Surgery
Awards Padma Bhushan (2012)
Schwab Foundation's (2005)
Dr. B. C. Roy Award (2003)
Rajyotsava award (2002)
Karnataka Ratna (2001)

Devi Prasad Shetty (born 8 May 1953) is an Indian entrepreneur and cardiac surgeon who is the chairman and founder of Narayana Health, a chain of 21 medical centers in India. [3] He has performed more than 100,000 heart operations. [4] In 2004 he was awarded the Padma Shri, the fourth highest civilian award, followed by the Padma Bhushan in 2012, the third highest civilian award by the Government of India for his contribution to the field of affordable healthcare. [5] [6]

Contents

Early life and education

Shetty was born in Kinnigoli, a village in the Dakshina Kannada district, Karnataka, India. The eighth of nine children, he decided to become a heart surgeon when he was a school student after hearing about Christiaan Barnard, a South African surgeon who had just performed the world's first heart transplant. [7]

Shetty was educated at St. Aloysius School, Mangaluru. [8] He completed his MBBS in 1979, [9] and post-graduate work in General Surgery from Kasturba Medical College, Mangalore. [10] Later he completed FRCS from Royal College of Surgeons, England. [11]

Career

He returned to India in 1989 and initially worked at B.M. Birla Hospital in Kolkata. He successfully performed the first neonatal heart surgery in the country in 1992, on a 21-day-old baby Ronnie. [12] In Kolkata he operated on Mother Teresa after she had a heart attack, and subsequently served as her personal physician. [1] In 2001, Shetty founded Narayana Hrudayalaya (NH), a multi-specialty hospital in Bommasandra on the outskirts of Bangalore. He believes that the cost of healthcare can be reduced by 50 percent in the next 5–10 years if hospitals adopt the idea of economies of scale. [13]

In August 2012 Shetty announced an agreement with TriMedx, a subsidiary of Ascension Health, to create a joint venture for a chain of hospitals . In the past Narayana Hrudayalaya has collaborated with Ascension Health to set up a health care city in the Cayman Islands, planned to eventually have 2,000 beds. [14]

Shetty also founded Rabindranath Tagore International Institute of Cardiac Sciences (RTIICS) in Kolkata, and signed a memorandum of understanding with the Karnataka Government to build 5,000-bed specialty hospital near Bangalore International Airport. His company signed a MOU with the Government of Gujarat, to set up a 5,000-bed hospital at Ahmedabad. [15]

Low cost health care

Shetty aims for his hospitals to use economies of scale, to allow them to complete heart surgeries at a lower cost than in the United States. In 2009 The Wall Street Journal newspaper described him as "the Henry Ford of heart surgery". [16] Six additional hospitals were subsequently planned on the Narayana Hrudayalaya model at several cities in India, with plans to expand to 30,000 beds with hospitals in India, Africa and other countries in Asia. [13] Shetty aims to trim costs with such measures as buying cheaper scrubs and using cross ventilation instead of air conditioning. [17] That has cut the price of coronary bypass surgery to 95,000 rupees ($1,583), half of what it was 20 years ago. [3] In 2013 he aimed to get the price down to $800 within a decade. The same procedure costs $106,385 at Ohio's Cleveland Clinic. [3] He has also eliminated many pre-ops testing and innovated in patient care such as "drafting and training patients' family members to administer after-surgical care". [18] Surgeons in his hospitals perform 30 to 35 surgeries a day compared to one or two in a US hospital. His hospitals also provide substantial free care especially for poor children. [19] Whereas urban India calls him "Henry Ford" for his assembly line approach to heart surgeries, rural Indians calls him "Bypasswale Baba" as attested by thousands of sources such as the Deccan Herald, the English newspaper with the largest circulation in Karnataka, Shetty's home state. This is because, like a saint (or Rishi in Indian mythology), anybody who comes to Devi Shetty's Ashram/hospital gets a bypass if he or she dreams of it. [20]

Dr. Devi Shetty, Founder, Narayana Hrudalaya with Dr. Edmond Fernandes, Founder, CHD Group Dr Edmond Fernandes and Dr Devi Shetty in Bengaluru.jpg
Dr. Devi Shetty, Founder, Narayana Hrudalaya with Dr. Edmond Fernandes, Founder, CHD Group

Shetty and his family have a 75 percent stake in Narayana Hrudayalaya which he plans to preserve. [17] Shetty has also pioneered low-cost diagnostic services. [21] He was appointed as chairman of the COVID-19 task force in Karnataka which was criticized by global health doctors as being a cardiac surgeon, he did not have the epidemiological approach to COVID-19 management. [22]

Yeshasvini

Yeshasvini is a low-cost health insurance scheme, designed by Shetty and the Government of Karnataka for the poor farmers of the state, with 4 million people currently covered. [4]

Awards and recognition

Television

Shetty stars in the fourth (and last) episode of Netflix's docuseries The Surgeon's Cut, which was released globally on 9 December 2020. The episode follows Shetty's treatment of patients, mostly children and babies, prioritizing low-cost and affordable healthcare while performing with his team more than thirty surgeries a day. [34]

See also

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References

  1. 1 2 "Dr. Devi Prasad Shetty". MSN India. Retrieved 5 June 2012.[ permanent dead link ]
  2. ↑ "Credihealth profile". Credihealth.com. 2017. Archived from the original on 18 October 2018. Retrieved 23 February 2017.
  3. 1 2 3 Gokhale, Ketaki (28 July 2013). "Heart Surgery in India for $1,583 Costs $106,385 in U.S." Bloomberg.com. Retrieved 6 May 2016.
  4. 1 2 "First break all the rules". The Economist. 15 April 2010. Retrieved 5 June 2012.
  5. ↑ "Padma Awards". pib. 27 January 2013. Retrieved 27 January 2013.
  6. ↑ "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Archived from the original (PDF) on 15 October 2015. Retrieved July 21, 2015.
  7. ↑ "The Henry ford of heart surgery". The Wall Street Journal. 25 November 2009. Retrieved 6 November 2012.
  8. ↑ Martina, Mala (22 October 2017). "Notable alumni: This Mangaluru College minted bigwigs like KV Kamath, VG Siddhartha & KL Rahul". The Economic Times.
  9. ↑ "Gazette of India" (452). Government of India, Directorate of Printing. 3 January 1981.{{cite journal}}: Cite journal requires |journal= (help)
  10. ↑ Chengappa, Raj (26 December 2020). "When I did a 100 heart operations in 1989, I knew it was possible to start a revolution in cardiac surgery: Dr Devi Shetty". India Today. Retrieved 19 June 2021.
  11. ↑ Brief Profile - Devi Prasad Shetty
  12. ↑ Anand, Geeta (25 November 2009). "The Henry Ford of Heart Surgery". The Wall Street Journal. Dow Jones. Retrieved 25 November 2009.
  13. 1 2 3 "ET Awards 2012". Economic Times. 19 September 2012. Retrieved 6 November 2012.
  14. ↑ "Devi Shetty to leverage frugal engineering for medical fraternity". Business Standard. 28 August 2012. Retrieved 6 November 2012.
  15. ↑ "Narayana Hrudayalaya, Gujarat join hands for health city project". Thehindubusinessline.in. 17 January 2009. Retrieved 26 May 2013.
  16. ↑ "The Henry Ford of Heart Surgery". The Wall Street Journal. 25 November 2009. Retrieved 5 June 2012.
  17. 1 2 "We will prove the poor can access healthcare: Dr. Devi Prasad Shetty, Narayana Hrudayalaya". Economic Times. 25 June 2012. Retrieved 6 November 2012.
  18. ↑ Rai, Saritha. "Devi Shetty, Who Put Heart Surgeries Within Reach Of India's Poor, Is Taking Narayana Chain Public". Forbes. Retrieved 7 May 2016.
  19. ↑ "India's Philanthropist-Surgeon Delivers Cardiac Care Henry Ford-Style". NPR.org. Retrieved 7 May 2016.
  20. ↑ Who is Devi Shetty, head of Karnataka’s Covid task force?
  21. ↑ "Narayana Health, Cisco join hands to offer affordable diagnostics solution". Newindianexpress.com. Archived from the original on 9 September 2016. Retrieved 18 October 2017.
  22. ↑ "As Covid fourth wave fears loom, here's what India's renowned surgeon has to say". WION. Retrieved 3 August 2022.
  23. ↑ "Padma Bhushan to Dr. Shetty". Ndtv.com. Retrieved 18 October 2017.
  24. ↑ . Karnataka.gov.in. 19 January 2022 https://www.karnataka.gov.in/page/Awards/State%20Awards/Karnataka+Ratna/en . Retrieved 4 September 2022.{{cite web}}: Missing or empty |title= (help)
  25. ↑ "Business Process award winner 2011". The Economist. Archived from the original on 2 June 2012. Retrieved 5 June 2012.
  26. ↑ "Devi Prasad Shetty | University Awards & Honors".
  27. ↑ "Devi Shetty Conferred Doctorate by IIT, Madras". 20 July 2014.
  28. ↑ "'Social enterprises' rise in Asia amid skepticism". Nikkei Asian Review. Tomomi Kikuchi. Retrieved 16 September 2018.
  29. ↑ "Devi Shetty hails NMC bill, says it's a good move by govt". The Indian Express. 2 January 2018. Retrieved 16 September 2018.
  30. ↑ "Sir M.V Awardees". 9 January 2021.
  31. 1 2 "Entrepreneur Of The Year 2017 program - Past winners". Ernst & Young. Archived from the original on 23 July 2018. Retrieved 30 May 2018.
  32. ↑ "Rajyotsava awards for Nilekani, Kasarvalli, Devi Shetty | Bengaluru News - Times of India". The Times of India . 29 October 2002.
  33. ↑ "Devi Shetty named Indian of the Year in Public Service category". 12 December 2012.
  34. ↑ BBC News "The Surgeon's Cut"
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