Competitions

CAT Prep

Upskill

Placements

MBA Co'26

RTI Response

Rankings

Score Vs. %ile

Salaries

Campus Tour

Tips From Top - “US Healthcare Industry” By Mr. Ashish Chandra, Associate Director, United Health Group

Oct 23, 2017 | 3 minutes |

Join InsideIIM GOLD

Webinars & Workshops

Compare B-Schools

Free CAT Course

Take Free Mock Tests

Upskill With AltUni

CAT Study Planner

Final 19 Days to CAT 2024 Test-26

Participants: 24

Final 20 Days to CAT 2024 Test-26

Participants: 148

Final 21 Days to CAT 2024 Test-25

Participants: 132

Final 22 Days to CAT 2024 Test-24

Participants: 153

Final 23 Days to CAT 2024 Test-23

Participants: 94

Final 24 Days to CAT 2024 Test-22

Participants: 151

Final 25 Days to CAT 2024 Test-21

Participants: 136

Final 26 Days to CAT 2024 Test-20

Participants: 177

Final 27 Days to CAT 2024 Test-19

Participants: 168

Final 28 Days to CAT 2024 Test-18

Participants: 162

Final 29 Days to CAT 2024 Test-17

Participants: 171

Final 30 Days to CAT 2024 Test-16

Participants: 188

Final 31 Days to CAT 2024 Test-15

Participants: 181

Final 32 Days to CAT 2024 Test-14

Participants: 185

Final 33 Days to CAT 2024 Test-13

Participants: 187

Final 34 Days to CAT 2024 Test-12

Participants: 219

CAT 2017 VARC SLOT- 2

Participants: 306

CAT 2017 DILR SLOT- 2

Participants: 148

CAT 2017 VARC SLOT- 1

Participants: 289

CAT 2017 DILR SLOT- 1

Participants: 102

CAT 2017 QUANT SLOT 1

Participants: 147

CAT 2017 QUANT SLOT 2

Participants: 64

CAT 2018 QUANT SLOT 2

Participants: 61

CAT 2018 QUANT SLOT 1

Participants: 103

CAT 2018 DILR SLOT- 2

Participants: 52

CAT 2018 DILR SLOT- 1

Participants: 79

CAT 2018 VARC SLOT- 2

Participants: 197

CAT 2018 VARC SLOT- 1

Participants: 283

Final 35 Days to CAT 2024 Test-11

Participants: 148

Final 36 Days to CAT 2024 Test-10

Participants: 116

On Saturday, 7th October, 2017, the Industrial and Management Engineering department of IIT Kanpur had the opportunity to host a very insightful and informative seminar by Mr. Ashish Chandra on “Healthcare Systems and Analytics”. The seminar commenced with Mr. Chandra introducing himself. An alumnus of IIT Kanpur, Mr. Chandra has worked in various top tiered Pharma and Healthcare companies, and has 12 years of experience as a decision scientist. Currently, he is the Associate Director of United Health Group, prior to which he had worked for seven and half years in Market RX. Mr. Ashish started the seminar by talking about what is healthcare. Then he explained the various models in healthcare provision: National Health Services - Beveridge Model, Social Health Insurance - Bismarck Model, Community Based Health Insurance, Voluntary Health Insurance, and ‘Out of pocket Payments’. In each of the models, he talked about the revenue sources, groups covered, pooling organisations, and care provision. Mr. Chandra then went on to describe the US health care system which is an amalgamation of two major models - the government-sponsored program, and the privately sponsored program. In the USA, healthcare is a very sensitive issue due to the exorbitant medical cost. Elections are fought over this and this is one of the key constituents in political manifestos.  The concept of ‘Over-investment but less effectiveness’ was discussed. In very simple terms, the speaker talked about the various opportunities to make healthcare more affordable and effective. These include - migration from fee-for-service to new provider payment models, consolidation of healthcare stakeholders, widespread use of data and analytics in patient care, spending and utilization for specialty pharmaceuticals, Medicaid expansion due to healthcare reform, migration to value-oriented healthcare marketplace, growth and performance of accountable care organisations, role of technology in patient engagement, and increasing patient cost sharing. Mr. Chandra also talked about the plans of Google to launch a pill that will revolutionize diagnoses. Mr. Chandra explained how the healthcare system is shifting towards precision medicine, where doctors will potentially be replaced by computers and will make analytics and data-driven decisions. Artificial intelligence, machine learning and big data will empower physicians, scientists and patients alike with the latest, most accurate clinical understanding in real time. The seminar was very interactive and it was a great opportunity to learn about the healthcare industry, its current situation, and the direction in future. Mr. Chandra also advised the audience on how to prepare for future corporate life. It is imperative to keep learning and keep improving every day if we wish to make a mark in this world.