MINISTRY OF HEALTH AND FAMILY WELFARE RELEASES DRAFT GUIDELINES FOR MEDICAL DIAGNOSTIC LABORATORIES IN THE COUNTRY

May 9, 2017 by · Leave a Comment
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MINISTRY OF HEALTH AND FAMILY WELFARE (Department of Health and Family Welfare) NOTIFICATION – New Delhi, the 5th May, 2017

Central Govt proposes to introduce new rules called the Clinical Establishments (Central Government) Amendment Rules, 2017 by defining Minimum Standards for diagnosis or treatment of diseases. These rules are drafted by the Govt after consultation with the National Council for Clinical Establishments in the country.

Every clinical establishment relating to diagnosis or treatment of diseases where pathological, bacteriological, genetic, radiological, chemical, biological investigations or other diagnostic or investigative services, are usually carried on with the aid of laboratory or other medical equipment, shall comply with the minimum standards of facilities and services as specified in the Rules.

Draft rules clearly defined the following :

- classification of laboratories based on their size;

- infrastructure specification for these labs;

- Scope of services that can be offered by these labs;

- mandatory human resource requirements for these labs,

- Minimum requirements on usage of equipments, instruments, consumables in labs

- Legal and Statutory compliances

- Record Keeping Guidelines

- basic systems and processes that should be followed by these labs in the country to be eligible    for licensing and registration of the labs.

Above guidelines are released by MoH as draft guidelines on May 5, 2017 and same are open for public comments.

Objections and suggestions, if any, on the above guidelines may be addressed to

The Under Secretary (Medical Services),

Ministry of Health and Family Welfare,

Government of India,

Room No. 508, D Wing, Nirman Bhavan, New Delhi – 110011

or send email to sunil.kumar20@gov.in

Draft guidelines are published for information of all persons likely to be affected thereby and notice is hereby given that the said draft rules will be taken into consideration on or after the expiry of a period of forty-five days from the date on which copies of the Gazette of India containing these draft rules are made available to the public.

Objections and suggestions which may be received from any person within the period specified above will be considered by the Central Government.

Click here for the full announcement :

Minimum Standards for Medical Labs – Clinical Establishments Act

Training Programs for the month of April 2017

April 11, 2017 by · Leave a Comment
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Team Value Added is conducting the following Training programs in April 2017.

 

Training Program on New Medical Devices Rules 2017 on  April 20, 2017, between 10 am to  1 pm @ Andhra Chamber of Commerce, “Velagapudi Ramakrishna Building”, 23 Third Cross Street, West CIT Nagar, Nandanam, Chennai – 600 035

Training is conducted by Dr.G.S.Bhuvaneshwar who has got more than 3 decades of experience in Medical Devices Design, Development, Testing and Quality Management

Training focus will be on the

  1. Current Regulations & Systems in Medical Devices
  2. Overview of the New Medical Devices Rules 2017
  3. Applicable regulations for Manufacturers, Dealers, Distributors, Importers etc

Please click here for Training brochure

Please click here for Registration form

 

NABL 112 – Specific Criteria on Accreditation of Medical Laboratories – April 22nd 2017 between 9.30 am to 1 pm @ Andhra Chamber of Commerce, “Velagapudi Ramakrishna Building”, 23 Third Cross Street, West CIT Nagar, Nandanam, Chennai – 600 035

 

NABL has revised the specific criteria document recently based on ISO 15189:2012 standard requirements. The new document comes into effect from 1st July 2017.

This new NABL 112 document supersedes the NABL 112 3rd Issue. All Medical Laboratories either applying for accreditation from now on or NABL applicant laboratories & laboratories awaiting surveillance or recertification assessment are to conform to this new NABL 112 document requirements

A sensitization & Awareness session on the recently released NABL 112 – specific criteria on Accreditation of Medical Laboratories by Dr.V.K.Ramadesikan

Please click here for Training brochure

Please click here for Registration form

 

Please go through the Training brochures and send us your nominations to padma@valueadded.in or info@valueadded.in.

Call us @ 24462337 / 24462338 to confirm your participation in the above training programs.

Workshop on GCLP (Good Clinical Laboratory Practices) on International Standards (ISO 15189:2012) @ Chennai

February 9, 2017 by · Leave a Comment
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YRG Centre for AIDS Research and Education (YRG CARE), Chennai & Sri Ramachandra University, Chennai is organizing a workshop on GCLP (Good Clinical Laboratory Practices)  on International Standards  (ISO 15189:2012) @ Chennai.

Program Details are given below:

Organized by: YRG Centre for AIDS Research and Education (YRG CARE), Chennai & Sri Ramachandra University, Chennai

Dates: 23-25, March 2017

Venue: Harvard Auditorium, Sri Ramachandra University, Chennai

Download Brochure and Registration form HERE

Contact Info: Email: gclp@yrgcare.org

Pongal Greetings !

January 13, 2017 by · Leave a Comment
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IRDA MANDATES HOSPITALS ON NABH ACCREDITATION

September 14, 2016 by · Leave a Comment
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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA

NOTIFICATION

Hyderabad, the 12th July, 2016
Insurance Regulatory and Development Authority of India (Health Insurance) Regulations, 2016 

“All such providers offering cashless services for allopathic treatment shall meet with the preaccreditation entry level standards laid down by National Accreditation Board for Hospitals (NABH) or such other standards or requirements as may be specified by the Authority from time to time within a period of two years from the date of notification of these Guidelines. (Explanatory Note: Network Providers are to visit NABH website for details regarding procedure for obtaining the necessary accreditation)”

Ref notification: IRDA/HLT/REG/CIR/146/07/2016 dated 29.07.2016

Click here to see Notification

Value Added Training Programs – May 2016

May 11, 2016 by · Leave a Comment
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Click on the training brochure links for more information

 

Training Topic Date and Time Trainer Fees – Rs Training Brochure
Requirements of ISO 9001:2015 Standard 25th May 201610 am to 4 pm Mr.S.GiritharanMr.A.A.Srinivasan 3000/- per person http://bit.ly/1UE9hvj 
Operational Metrics for Hospitals 27th May 201610 am to 4 pm Dr. Srivatsan & Mr. Satishkumar 2000/- + s.tax per person http://bit.ly/1SVEzcm 

 

Venue :

M/s.Value Added Corporate Services P Ltd

“VANITHA”, No 5, Third Avenue, Besant Nagar, Chennai – 600090

Ph – +91 044 24462337/ 24462338

Email- info@valueadded.in

Web – http://www.valueadded.in

Training Program on Internal Quality Control & EQAS @ Bangalore on 6th February 2016, Saturday

January 23, 2016 by · Leave a Comment
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Team Value Added is conducting a Training program on “Internal Quality Control & EQASat Bangalore on 6th  February 2016 Saturday between 9.30 am to 5.30 pm
Program Details are given below

 

Topic Internal Quality control & EQAS
Trainer Dr.V.K.Ramadesikan, M.B.B.S, M.D ( Biochemistry)
Date & Time 6th  February 2016  Saturday,  9.30 am to 5.30 pm
Location Bengaluru
Venue ABHIMAANI VASATHI HOTEL
# 2/9, Dr.Rajkumar Road,                                                    2nd Block, Rajaji Nagar, Near Suguna Hospital
Bangalore – 560 010.
Karnataka, INDIA
Course Fee Rs.3000
Contact Ms. Sivasankari / Ms.Padma / Mr.Satishkumar
Email training@valueadded.in  / padma@valueadded.in / satish@valueadded.in
Contact Phone 9952075280 / +914424462337/38  / 9840842530

 

Click here for the Brochure.  Kindly ensure early registration.
Click here for the Registration form

 

Workshop on Internal QC & EQAS for Lab Professionals

Value Added is conducting a Workshop on Internal Quality Control & EQAS for Lab Professionals on 31st October 2015 at Hotel Savera between 9 am and 5 pm. The training is conducted by Dr.V.K.Ramadesikan, MD Biochemistry.

What are the benefits?

  • This course will help participants understand Quality Control and its requirements
  • Select and apply the statistics required during Quality Control Testing
  • Select and use the appropriate types of Quality Control studies and appreciate and understand the importance of quality control and uses a combination of lectures and interactive exercises and demonstrations to take participants thorough on the process of Quality Control Testing.

About the Trainer:

The training will be delivered by Dr. V. K. Ramadesikan, M.B.B.S, M.D (Biochemistry) with over 2 decades of experience in teaching and clinical laboratory experience in a Medical College & Hospital. He is well versed with Quality Management Systems (ISO, NABL, CAP Accreditations) for Medical Labs and have facilitated around 75 labs to implement ISO 9000, NABL & CAP Accreditations so far in South India.

Registration Fee Details

Training Registration Fee is Rs.2500 per participant

  • The cheque/DD to be drawn in favour of “Value Added Corporate Services P Ltd” payable at Chennai. Full payment in advance.
  • Training Fee includes Training material, Lunch, 2 times Coffee / Tea, Participant Certificate
  • Fees once paid will not be refunded. However changes in nomination before commencement of programme is permitted

Key Take aways

  •  Knowledge Material
  • Sample Exercises
  • Certificate of participation
  • Networking with Industry peers

Training Venue:

Hotel Savera,

No.146, Dr.Radhakrishnan Salai,

Mylapore, Chennai – 4.

Click Here for IQC _ EQAS Brochure(1) & Registration Form IQC-EQAS

For More Details

Ms.Sivasankari

Training Coordinator

Phone: 24462337 / 24462338 / 24462250

Email: training@valueadded.in

COLLABORATION – CREATING COMPETITIVE ADVANTAGE

April 24, 2015 by · Leave a Comment
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COLLABORATION – CREATING COMPETITIVE ADVANTAGE

The year 2008 would now appear be part of history for many and just one of the many years that have gone by.  For countries, global economies, regulators and corporate world, however, it definitely was one of the turning points that would continue to redefine the way commercial activities are viewed.

Entrepreneurs and CEOs are beginning to have a hard new look or relook at all business from multiple perspectives.  The last couple of years has seen changes not only in regulatory and corporate actions but rapid disruptions in technology that arenow redefining business & revenue models.

Welcome to VUCA World – A New Normal

Volatility, Uncertainty, Complexity and Ambiguity are new buzzwords in the corporate boardrooms that are redefining strategies, governance and risk management.  Corporates and business models that once appeared to benchmarks and invincible are today under the scanner for their vulnerability.  A couple of corporate actions and expression of opinion in the recent past are a clear indicators of the thought process.

Take the case of the recent decision of General Electric on its business exposure to real estate and financial business.  The plan to exit them and focus on pure play industrial company with an intent to make it a simpler and more valuable company. An extremely profound move that has its moorings on the thought process in the corporate world – being driven by needs for greater regulatory compliances.

If that was not enough we had Jamie DimonCEO of J P Morgan being concerned about start-ups from the Silicon Valley eating into their banking business! Innovations, primarily driven by technology, are disrupting the banking world.

There is strong underlying message that is defining corporate concerns.  It is evident that the need of hour is about being lean, mean and really fast!  Try visualizing driving a formula one car on the crowded streets of India where it just not traffic but you are not sure when and who is going to follow the traffic rules or lane discipline.

Collaborative Approach – The Way Forward

In an environment driven by huge potential, with similar if not more uncertainty and risks, it is critical for entrepreneurs and managers to realize that the “Collaborative Approach” is perhaps the best strategy to be pursued.  The collaborative approach is distinctly different from that of an outsourcing model where the relationship is that of a principal and vendor.  It has to be lot more holistic where the risks and rewards of entrepreneurship is shared amongst entrepreneurs while still retaining a fair degree of operational flexibility within a well-defined framework.

A De-Risking Tool

A collaborative approach would be a great tool to de-risk organizations.  Technology disruptions are the order of the day and customer loyalties are getting increasing getting shorter if not uncertain. Not just the customer, the new millennial workforce is under enormous peer pressure too.  Driving entrepreneurial culture inside organizations, Intrapreneurs as they are increasing being referred to, is fast becoming the need of hour. This would possibly also address the some of the other problems associated with attrition and employability. Should not come up as surprise if the allocation of large start-up funds being established corporates in information technology sector was a strategy to overcome this problem.

Derive Pricing Advantages

Products are getting increasingly commoditised or competition is coming faster than ever before.  In a situation like this product prices are always under pressure.  A collaborative approach can not only mitigate that risk but collaborative approach across geographies/verticals may potentially help organizations to derive better pricing by moving up the value chain.  It is no wonder that that even large companies Google has recently teamed up with large consulting organizations to exploit emerging opportunities in the sphere of Digital India.  Smarter operators are creating more customised solutions for customers who are not averse to the idea of sharing resources! Inter-state car-pooling is definitely one such initiative.

Asset Light Models

Collaborative approach could also address the problems associated with capital intensive asset heavy models.   This is more relevant is capital constrained economy like India where either capital is either scarce or debt very costly.  Even financial investors like VC/PE firms are increasing backing asset light models that use resources more efficiently and deliver better bang for the buck. An asset light model will inevitably lead better asset utilisation leading to better Returns on Capital Employed (ROCE).

The list of advantages could go on.  It is not to suggest there are little or no risks associated with a collaborative approach.  Every strategy has its inherent accompanying risks but then entrepreneurship is all about managing risks to obtain better and sustainable results.  In a world where the gurus have prescribed co-creation of value with the customers and co-opetition is not sacrilege,collaboration is not something that is really new, it was probably one the earliest forms of commercial enterprise –  barters!

 

Article contributed by :

R Venkatakrishnan

Director

Value Added Corporate Services P Ltd

rvk@valueadded.in

Some Thoughts as we enter in to the New Financial Year

April 1, 2014 by · Leave a Comment
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Author: R.Venkatakrishnan, Director – Value Added Corporate Services P Ltd

As we draw closure of yet another financial year, for most Indian businesses, it time to quickly take stock of the year that has just gone by.  The year has been quite torrid for torrid for most part and many would like to quickly put bitter memories behind.  Irrespective of what happened, it would be a good idea of putting some thoughts in place to ensure that we have some game plan for the ensuing year.  It may also be something like the proverbial New Year resolutions that we pass, except that in the case of business the results end up staring at our face!  I have a couple of thoughts on the same.

To begin with I personally feel that the worst is behind us.  Like all hard core accountants, that comes with a couple of caveats! To start with I would imagine that the Indian recovery would to a large extent be a function of a decisive mandate in the ensuing polls!  While economic decisions in the recent past have been positive, albeit a little too late, a fractured verdict could bring back problems of lack of decisive policy making and accountability.

Interest rates that have remained unreasonably high over the last couple of years could potentially show signs of easing in the next couple of quarters, at least based on present trends on inflation.  However, a bad monsoon could be game spoiler.  The quantitative easing in US may not be make a very big impact considering that the some deft handling by RBI has ensured that the foreign exchange reserves have gone back to the USD 300 billion mark.  The other positive being that the short term external borrowing, that is debts due during 2014, has come down to 21% of the total debt – Down from 23%.

Those are couple of other issues on the economic front!  On the regulatory side, the New Companies Act 2013 has become fully operational with the Government notifying many more sections.  The new act brings about a lot more changes to the corporate regulatory framework.  Some of the changes are stringent and would warrant close monitoring to ensure compliance.  The implementation of GST may not happen in a tearing hurry and would take some more time, which would be unfortunate but businesses have to accept ground reality.

On the business front the period of slowdown or recession, whichever way you would want to look at it, has created some new perspectives to the way people have looked at business.   One thing that has become certain is uncertainty/volatility in the business environment.  The changes have been driven by regulatory requirements / customer changes / competitor activity /technology or a combination of many or all of these. Speed has also become a new normal as customers have realized that it would be possible to demand at shorter delivery cycles. In normal circumstances it may not have been possible but business houses were operating under sub-optimal conditions even irrational delivery demands have been accepted.  The need to collaborate or network with every stakeholder has become the order of the day.  If need be organizations have not shied away from even collaborating with competition!

On investment strategy for the New Year – it would all depend on the risk appetite!  Even from a debt perspective I would look at a combination of Fixed Maturity Plans and good dose of gilt securities.  When interest rates come down gilt securities are bound to go up and will return good returns.  With the economy probably bottoming out, taking contrarian view and investing with a long term view will deliver good returns.  For a short term punter a straddle, i.e., buying both put and call options, may be good insurance.  One of them is bound to be a very strong winner!

Would be happy to hear views and see how some of these thoughts perform in the year to come.

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