Day- 1
IDR Building, Indian Institute of Science ,
Bangalore
13th June, 2025
Mr. Raghu Dharmaraju
President, ARTPARK (AI & Robotics Technology Park)
Ms. Laxmi Jaganathan
Co-Founder, IIIT-B Innovation Centre
This masterclass is designed for aspiring founders, researchers, and innovators looking to transform cutting-edge healthcare ideas into scalable startups.
Drawing on real-world experience from India’s most advanced research ecosystems, the speakers will explore how to bridge the gap between academic innovation and commercial success in healthcare and healthtech.
Masterclass: The Innovation Engine – From Lab to Launch in Healthcare
Key Highlights:
- How to identify and validate a healthcare startup opportunity
- Building cross-disciplinary teams that blend tech, science, and clinical insight
- Navigating early-stage challenges: funding, regulations, and clinical trials
- Scaling innovations that serve both impact and market
Session -2
Workshop - How to establish and run a successful Healthcare Facility
Session -2
Building and Scaling Your Dream Practice: Financial Strategies for Doctors
Selecting the Right Facility
- Key factors to consider: location, size, and scalability
- Understanding hidden costs: legal, operational, and infrastructural
- Case study: Facility selection gone right (and wrong)
Greenfield vs. Acquisition
- Pros and cons of building a new facility versus acquiring an existing one
- Financial and operational considerations for each approach
- Steps to conduct due diligence before investment
Choosing the Right Partners
- What to look for in a business partner
- Aligning values and vision to ensure long-term collaboration
- Examples of successful partnerships in healthcare
Financial Fundamentals
- Revenue on paper vs. actual revenue: Bridging the gap
- Common missteps in calculating costs for procedures
- Components of hospital cost: CAPEX, OPEX, and ROI
- Annual cost calculation for a sustainable practice
Mastering Cash Flow and Profit Margins
- Cash flow management techniques for stability
- Pricing strategies to balance affordability and profitability
- Identifying and addressing revenue leakages
- Practical example: Cash flow projection for a procedure-based practice
Financial Metrics and KPIs
- Key performance indicators to monitor the financial health of a practice
- Tools and dashboards for effective tracking
- Practical case study: Using KPIs to identify and resolve practice inefficiencies
Building Resilience in Practice
- Planning for the unexpected: Loss of key staff and other challenges
- Developing robust packages for procedures: Cost, demand, and competition
- Role of soft skills in patient retention and team collaboration
IISc Innovation Tour (Guided – By Special Invitation Only)
Tour Start Time: 4:00 PM
Assembly Point: IDR Building
This curated, behind-the-scenes tour of India’s premier research and innovation ecosystem is available by special invitation only. Participants must select one department based on their area of interest and qualifications, enabling a focused, in-depth experience with expert faculty and researchers.
Tour Options
- ARTPARK – AI & Robotics Technology Park: Innovations at the intersection of tech and societal impact
- ARTGarage – Prototyping & Maker Space: Hands-on exploration of rapid development tools
- CeNSE – Centre for Nano Science and Engineering: Advanced materials, sensors, and biomedical applications
- CPDM – Centre for Product Design and Manufacturing: Design thinking in healthcare product innovation
- BEES Lab – Biomedical Engineering and Electronic Systems: Cutting-edge diagnostics and health devices
- Biomaterials & Tissue Engineering Lab – Regenerative medicine and bio-compatible materials research
- Centre for Brain Research (CBR) – Neuroscience innovation and aging-related cognitive health
Kindly indicate your preferred tour department in your RSVP. Tour slots are limited and confirmations will be sent based on relevance and availability.