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How GHS works

Professor Muhammad Yunus, Chairman of Grameen Healthcare Services Ltd.(GHS) and expounder of the Social Business concept reiterated that,These hospitals will be the unique examples of social business enterprises. The main objective of these hospitals will be to provide services to people without incurring losses. Unlike traditional businesses, which are driven with the motive of profit-maximization, these hospitals will be operated as no-loss business enterprises for maximizing benefits to people. Investors here will not claim any dividends, and the profits will be used for expansion of the hospitals and further development of healthcare program.

GHS is a Social Business initiative of Prof. Muhammad Yunus. Activities of GHS is matching with the principal of SB as follows-

Seven principals of Social Business

Principal of SB is matching with activities of GHS

Business objective will be to overcome poverty, or one or more problems (such as education, health, technology access, and environment) which threaten people and society; not profit maximization

GHS is working in health sector which is a threaten issue of people especially for online casino cribbage the low income group.

Financial and economic sustainability

 

1st eye hospital has  reached in break even point after 12 month of operation and the 2nd one is within 10 months.

Investors get back their investment amount only. No dividend is given beyond investment money

The investors of GHS are Grameen Byabosa Bikash (GBB); Grameen Kalyan (GK); Grameen Shakti (GS) and Grameen Telecom (GT) and they will only take back the investment, not the profit of the business.

When investment amount is paid back, company profit stays with the company for expansion and improvement

The profit will go for improvement and expansion of health care programs.

Environmentally conscious

GHS hospitals is following proper waste management system, having own insinuator and green field with proper gardening and plantation.

Workforce gets market wage with better working conditions

Work force are getting market salary and better working conditions.

…do it with joy

We are working here with joy. Please stay with us and enjoy work for a day.

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