Managing competition in globalization of healthcare dr prem jagyasi

Award Winning Global Leader & Speaker | CEO - Dr Prem & Associates | Founder - Dr Prem Web Magazine Network | DrPrem.com
Oct. 26, 2010
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
Managing competition in globalization of healthcare   dr prem jagyasi
1 of 11

More Related Content

Viewers also liked

Dental Tourism by Dr Prem | DrPrem.comDental Tourism by Dr Prem | DrPrem.com
Dental Tourism by Dr Prem | DrPrem.comDr Prem Jagyasi
Developing Lean Culture by Dr Prem | DrPrem.comDeveloping Lean Culture by Dr Prem | DrPrem.com
Developing Lean Culture by Dr Prem | DrPrem.comDr Prem Jagyasi
Developing Wellness Business by Dr Prem - An Award winning speaker and leaderDeveloping Wellness Business by Dr Prem - An Award winning speaker and leader
Developing Wellness Business by Dr Prem - An Award winning speaker and leaderDr Prem Jagyasi
Lean Leadership by Dr Prem Jagyasi | carving path for lean culture, ultimate ...Lean Leadership by Dr Prem Jagyasi | carving path for lean culture, ultimate ...
Lean Leadership by Dr Prem Jagyasi | carving path for lean culture, ultimate ...Dr Prem Jagyasi
Hungary is the right place for investment and cooperation in the fields of he...Hungary is the right place for investment and cooperation in the fields of he...
Hungary is the right place for investment and cooperation in the fields of he...Tristan Azbej, PhD
Crises in tourismCrises in tourism
Crises in tourismNewsfront PR Agency

Recently uploaded

Family firm heterogeneity and patenting. Revising the role of size and ageFamily firm heterogeneity and patenting. Revising the role of size and age
Family firm heterogeneity and patenting. Revising the role of size and ageUniversity of Calabria
Lecture 9.pdfLecture 9.pdf
Lecture 9.pdfGale Pooley
Security Analysis and Portfolio Management Security Analysis and Portfolio Management
Security Analysis and Portfolio Management Manipal University Jaipur
Lecture 8.pdfLecture 8.pdf
Lecture 8.pdfGale Pooley
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
Economic DisasterEconomic Disaster
Economic DisasterKishore D

Recently uploaded(20)

Managing competition in globalization of healthcare dr prem jagyasi

Editor's Notes

  1. Good Morning / Afternoon Ladies & Gentleman. I am going to talk about Globalization of Healthcare. Many health leaders & professionals from this part of the world are not aware about the globalization of healthcare, but it is new buzz word for several countries specially, Asian countries. The Medical Tourism is the direct result of Globalization of Healthcare. Medical tourism has offered several benefits to patients including high quality & personalized care medical services at very low price. We call First world treatment at third world price. It is estimated that Medical tourism industry is worth up to 60 billion dollar, and is growing with rapid speed. But, Why I am talking about Medical Tourism here. It is very important for me to explain the reason. I serve as Chief Strategic Officer for a non-profit organization based in USA called Medical Tourism Association. I am deeply involved with this industry have traveled to many countries. At MTA we set standards & Benchmark for Medical Tourism Industry. Recently we evaluated that competition in medical tourism operates on wrong level so thought to share my views with you.
  2. Major part of my presentation will be focused on Medical Tourism. I will define different terms. Then I will discuss about key drivers of this emerging Industry. Last few slides of my presentation will throw light on Dark side of Medical Tourism. Also, watch out for my concer How organizations & Healthcare Authorities can develop win-win healthcare objectives.
  3. Medical travel is not new word, many years ago greed patient traveled to place called epidura, then roman & Britain patient traveled for water & spa treatment. The first recorded instance of Medical travel was when Florence (Mother of Nursing Services) started referring patients from Switzerland to turkey. Then Cuba started forma medical travel promotion, followed by Argentina, Mexico brazil….etc. But in the last decade, developing Asian countries started attracting developed world, inviting them for benefits of low cost medical services combining with the joy of tourism attraction. This why a term called Medical Tourism was coined. In my opinion the current medical tourism work as one way street at MTA we are trying to develop two street which will lead this industry to Global Healthcare Industry.
  4. Now I would like to discuss about What are the key factors
  5. After traveling several countries, I have evaluated that GCC is also target market in medical tourism industry. We are also trying to build world class infrastructure, benchmarking, accreditation, compulsory insurance policies, top-notch facilities. But are we seriously looking at affordability & accessibility. According to Mckinsey, tare going to rise from 12billion dollar to 60billion dollar in just next few years. Health diseases are going to increase by 240%. The healthcare expenses in GCC. If we do not work on Affordability & Accessibility, let me assure you Asian countries are just knocking our door for patients. And we will remain as target market in this industry.
  6. Anyway, lets go back to my topic. Every industry has lifecycle. Life cycle models are not just for the life sciences. All Industries experience a similar cycle of life. Just as a person is born, grows, matures, and eventually experiences decline and ultimately death, so too do industries. Medical tourism industry has already passed early stage. As Medical tourism industry is currently at merging stage, there is significant escalation in consumers & producers. Fast followers will enter market, this is where the competition is going to start. Providers would like to identify target market s and exploit them. We need to build strong healthcare system before the industry reach mature stage.