The single specialty hospitals primarily and exclusively engage in the care and treatment of the patients suffering from a specific illness. They offer specialized services to their patients. There is a growing trend now a days in India towards the single super specialty hospitals. In multi super specialty hospitals the loss of nimbleness related to large size, loss of professional autonomy, potential risk of sharing fee with other specialties and administrative complexities are there, which is not seen in the single super specialty hospitals.
The single specialty hospitals provide a platform for the doctors to fully develop their individual talents. The single super specialty hospitals are acquiring a unique position as the emerging accountable care organizations, as the hospital industry is a consumer driven industry. The patients now a days prefer to go to the specialist even for a minor ailment. For instance, if the patient is having a simple ailment like cough, he will run to the pulmonologist instead of going to a general practitioner.
The single super specialty hospitals have a reputation to provide high quality care as their focus is on a particular set of disease. They have a leverage over the health plans, are more agile in decision making, avoid complicated management issues, possess capital to invest in new technology and equipment and have a higher compensation.
The single specialty hospitals are more profit earning business models as there is less capital needed than the multi-specialty hospital and also the exit can be done in much shorter time. The breakeven of a large hospital occur in around five to seven years, while the same can be reached in single specialty hospitals much earlier. The patients in the single specialty hospital; need not to stay in the hospital, e.g., dialysis and chemotherapy patients, hence the investment per bed decreases in these hospitals.
Single super specialty hospitals trend coming in India includes Pediatrics Hospital, Mother and Child Hospitals, Cardiology Hospitals, Kidney Diseases etc.
Rainbow Group's successful journey began on 14th November 1999, on Children's Day. It is credited with having established the first tertiary care, children's hospital in South India with specialized healthcare services for infants, children and adolescents. Having managed India's largest pediatric healthcare chain, we believe that the best period to optimize childhood health is right from conception to delivery to the child's first birthday, and since our experience lies with pediatric care, we concluded the best place for mother and child is within the domain of a children's hospital. Rainbow Children's Hospital encompass all pediatric super specialties under one roof, including pediatric gastroenterology, pediatric surgery, pediatric neurology, pediatric neuro surgery, pediatric hemato-oncology, pediatric cardiology, amongst others. The hospital has a complete rehabilitation program which intends to take care of allied patient care services like pediatric physiotherapy, psychometric analysis and behavioral counselling amongst others.
Recently Rainbow Hospital has received Award for Best Pediatric Hospital in Bangalore Region from Times Healthcare Hospital Awards - 2020. We have got number 1 ranking from Times of India for the Year 2019.
Rainbow Children's Hospital is India's leading children's hospital, which operates some of the leading pediatric, women care & fertility centers in Telangana, Andhra Pradesh, Karnataka, Delhi and Chennai. Rainbow hospital is a living embodiment of the belief that children need a dedicated children's hospital with dedicated super specialties for neonates and infants. The hospital, proud of its track record in nurturing smiles and happiness has won the trust of every parent, who have together helped the hospital emerge as a name to reckon with, not just in the southern states of India, but all over the country.
