hospitals, Bengaluru, vaccine, Flipkart, price cap, covaxin, private hospitals, Fortis hospital, Amazon India, vaccination, reported

Several delivery and e-commerce startups that undertook mass vaccination drives for their employees or delivery executives in partnership with private hospitals are unclear on how the latest cap on service charge for vaccination will impact their future camps.

Earlier this week, the government announced that private hospitals can levy a maximum of 150 as a service charge over the fixed price of the jabs. According to industry executives, this could impact the ability of private hospitals to allocate their resources liberally for these camps. Over the last one month, several startups, besides the ecommerce ones, have organised vaccination camps at their offices for their staff.

Sources told ET that these firms are now expecting some degree of slowdown in arranging vaccination camps following the recent changes in the policy. They are already in touch with private hospitals over the issue of the new price cap for jabs. “Supply is ultimately with them (hospitals). If they are restrained, it is bound to have an impact. We are still assessing how to get the second doses on time with frequent changes in vaccine policy,” a senior industry executive said.

“There was a financial incentive to earmark a significant portion of the vaccine supply for such vaccination drives with corporates and housing societies. Now that the financial incentives are gone, there is no reason for hospitals to step out of their premises,” said a senior executive at a unicorn, where most employees have got their first jab.

This was echoed by another large startup in Bengaluru. “There were 5-6 camps over the last one month but we haven’t heard of new ones since the change in policy. It will slow down from what it looks like,” this person said.

Most industry executives that ET spoke with said they are in consultation with their hospital partners. Typically, one company will partner with multiple hospitals for both Covishield and Covaxin. “We asked our partners and they themselves are not sure what it means yet,” one of the people cited above said.

Hospitals typically allocate 4-6 people even for a small-scale vaccination camp in private offices in Bengaluru. This would be higher for ecommerce companies like Amazon India and Flipkart. Then, there are costs like ambulance, transport as well as expenses relating to doctors being on duty at these camps.

Companies were organizing these camps on their premises as they didn’t mind paying a mutually-agreed premium to hospitals. Typically, a Memorandum of Understanding (MoU) is signed between the company and hospitals for these camps. Existing MoUs for vaccination camps for June with the private hospitals will continue as planned. However, several startups told ET that the new policy disincentives private hospitals to engage with companies once the cap kicks in.

ET reported on June 9, quoting Fortis Hospital and others, that hospitals were of the view that the cap would disincentivise them from setting up camps to vaccinate a large number of people. “Unfortunately, the cap of service charge at Rs 150 will not cover the additional costs incurred for such offsite vaccination camps which involve substantial costs like ambulance, transport, extra staff and doctor, plus TDS involved in many cases,” Fortis Hospital had said.


Japan travel news, japan travel guides, japan holiday destinations and japan reviews

LATEST NEWS

NEWS RELATED

Amazon India vendor Cloudtail faces Rs 56 crore tax demand: Report

Bengaluru: Cloudtail India, one of the largest sellers on Amazon India, is facing a tax demand of over Rs 56 crore, The Guardian reported on Monday. Cloudtail is a joint venture of Infosys’ co-founder NR Narayana Murthy’s Catamaran Ventures and Amazon India. The British newspaper was able to ascertain Cloudtail‘s…

Read more: Amazon India vendor Cloudtail faces Rs 56 crore tax demand: Report

Amazon India, Flipkart to face antitrust probe after high court dismisses plea

The Karnataka high court has dismissed a petition by Amazon India and Flipkart that sought to quash an investigation by the Competition Commission of India, the country’s antitrust regulator, into their business practices. Justice PS Dinesh Kumar dismissed the petition on Friday, clearing the way for CCI to restart its…

Read more: Amazon India, Flipkart to face antitrust probe after high court dismisses plea

LGBTQ+ couples turn influencers for normalising expression of love online

A growing number of couples from the LGBTQ+ community are turning influencers on social media for normalising expressing love for their significant other, amassing thousands of followers on platforms such as Twitter and Instagram and attracting the attention of brands seeking collaboration. Gay couple Pritam and Manish, who did not…

Read more: LGBTQ+ couples turn influencers for normalising expression of love online

Flipkart, Amazon may ditch their annual pre-Diwali mega sales events

Flipkart and Amazon may give their annual pre-Diwali mega sales events a miss this year if there’s another surge in Covid-19 infections in the country around that time, according to people familiar with the matter. Both ecommerce giants are working on plan B, which could be low-key sales events christened…

Read more: Flipkart, Amazon may ditch their annual pre-Diwali mega sales events

India: Lockdown in 2nd wave challenging, says Amazon’s Amit Agarwal

Amazon India chief Amit Agarwal. Photo: Aniruddha Chowdhury/Mint Amazon plans to empower businesses using technology, lower cost of operations, and build infrastructure and logistics to enable fast and free delivery, India head Amit Agarwal said, as the e-commerce company completes eight years in India. Unlike last year when e-commerce firms…

Read more: India: Lockdown in 2nd wave challenging, says Amazon’s Amit Agarwal

Customers coming back to shop across categories: Amazon India head

Customers are back on the Amazon India platform, country head Amit Agarwal told ET, and they are shopping for all the products that they were purchasing before the second Covid-19 wave. The e-commerce giant is seeing increased traffic, across categories, over the last week as various cities and states relaxed…

Read more: Customers coming back to shop across categories: Amazon India head

Biocon's Shaw backs Ignite Science Foundation

Biocon chief Kiran Mazumdar Shaw on Tuesday said she has backed Ignite Life Science Foundation (Ignite LSF), a Bengaluru based non-profit scientific research institute that Nobel Laureate Venki Ramakrishnan launched last year. Shaw has committed an initial fund of Rs 5 crore which will go for a pool of funding…

Read more: Biocon's Shaw backs Ignite Science Foundation

Samsung Galaxy Z Fold 2 gets a price cut of Rs 10,000 in India

South Korean tech giant Samsung has reduced the price of its most recent foldable smartphone — Samsung Galaxy Z Fold 2 — in India. The handset was launched in September last year first in the US and within two weeks of that in India.Samsung Galaxy Z Fold 2 new pricePost…

Read more: Samsung Galaxy Z Fold 2 gets a price cut of Rs 10,000 in India

Ahead of Apple's developer conference, Facebook says it won't charge creators until 2023

Bengaluru as TecHalli: Moily says he coined Silicon Valley of India

Anand Mahindra, Nandan Nilekani anoint Bengaluru TecHalli

Amazon sent a legal notice by the SGPC for selling Sacred Sikh Text on the store

Over 100 new global captive units expected in India in 2021

Ecommerce back on track as states lift curbs on non-essential sales

HDFC Bank deploys Mobile ATM in Bengaluru

Karnataka allows e-commerce firms to ship all goods

OTHER NEWS