Lanka Hospitals honoured at CIMA awards

Lanka Hospitals was adjudged first runner-up at the CIMA Business Case Awards 2013, for their case study on 'A Thriving Business Model in the State sector - the Lanka Hospitals Story.'

Chief Financial Officer, Chaaminda Kumarasiri, Management Accountant Ms. Dinupa Peiris and Management Accountant Ms. Gayani Kahandawala were among the team that spearheaded the case study for Lanka Hospitals.

The CIMA Business Case Awards is a competition that recognises organisational success and turnarounds, while identifying what drove such outcomes. This year corporates were invited to compete in the business arena, submitting business cases on 'ground breaking' initiatives which have built and sustained success, while beating competition.

Applicants were required to identify and narrate a specific real-life occurrence in their own organisation, presenting the case and findings and indicating the learning to the wider community.

CEO, Lanka Hospitals, Lakith Peiris praised the diligence and commitment of the team that worked on the case study while highlighting the important role played by all staff in maintaining the highest standards.

"This is a fantastic achievement by Lanka Hospitals in securing the runner up position at this flagship event from over 30 applicants. It is truly an honour for our business model to be recognised at such a prestigious forum and we are proud to have been involved in the resurgence of Lanka Hospitals."

CFO, Lanka Hospitals who was also the team leader for the Business Case Study, Chaaminda Kumarasiri said, "One of the interesting things I noted at Lanka Hospitals as a finance professional was the outstanding financial performance along with a strong zero debt balance sheet."

"When we got together to look at options for the Business Case we realised it's not any element in isolation that has contributed to the success and we observed there are many unique features in the Lanka Hospitals' Business Model. We decided to unfold these unique features to any organisation that seeks business excellence to review and adopt accordingly," he said.