Tinplate Revives A Sick Hospital

When The Tinplate Co of India slipped into losses in 1996-97, the company initially hoped the bad times were an aberration and would pass.

After a couple of years, when things went from bad to worse, the company quite naturally adopted a comprehensive restructuring programme, one of the obvious components of which was elimination of all non-core heads of expenditure.

The attention naturally fell on the Tinplate Hospital, a facility with 200 beds that has today charted an amazing turnaround.

It happened because the company management under new managing director B L Raina and the hospital team were not willing to give up their hospital so easily.

 

They came up with a turnaround plan that envisaged upgrading the hospital, throwing it open to other companies and converting it into a profit centre.