Contributions
In 2001, Shetty founded Narayana Hrudayalaya (NH), a multi-specialty hospital in Bommasandra on the outskirts of Bangalore City (Karnataka State) in South India. Apart from cardiac surgery, NH also has cardiology, neurosurgery, pediatric surgery, haematology and transplant services, and nephrology among various others. The heart hospital is the largest in the world with 1000 beds performing over 30 major heart surgeries a day. The land on which the health city was built, was previously a marshland which was reclaimed for this purpose. The Health City intends to cater to about 15,000 outpatients every day. The Narayana Hrudayalaya Health City in Bengaluru is an academic institution in the process of becoming a university. Dr. Shetty also founded Rabindranath Tagore International Institute of Cardiac Sciences (RTIICS) in Kolkata. Shetty has also signed a MOU with the Karnataka Government during the Global Investor's meet to build a 1000 crore 5,000 bed super speciality hospital near the Bangalore International Airport.
He has performed over 15,000 heart operations.
He was a part of the seven-member panel of Board of Governors which replaced the MCI and served for a period of one year before it was further reconstituted.
His hospitals have reduced costs by taking advantage of the economies of scale, this allows them to complete heart surgeries for a tenth of the cost in the United States. The wall street journal has given him the title of Henry Ford of heart surgery. In 2013 six new hospitals will be opened on the Narayana Hrudayalaya model, across the country which will provide high quality treatment at low cost. In the next seven years, there are plans to expand to 30,000 beds with hospitals in India, Africa and other countries in Asia.
Dr. Shetty and his family have a 75 percent stake in Narayana Hrudayalaya which he plans to preserve so that he does not have to comprise on the freedom or decision making power in his mission to help the underprivileged and to bring down the cost of healthcare in the country.
He is choosen as a indian of the year in the public sector by CNN-IBN for the year 2012
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