1) The document summarizes a presentation on medical tourism in Korea given at the KIMA Conference in 2016.
2) It outlines Korea's policy of globalizing its healthcare industry to develop a new economic growth area and attract medical tourists.
3) Success factors included the government's strong support through legal/institutional frameworks and marketing, as well as hospitals' competitiveness from oversupply and cultural influences like Hallyu (Korean wave).
4) However, problems were identified as the lack of a long-term vision, inefficient projects and marketing, discontinuity from personnel changes, and potential commercialization issues from profit-seeking in medical tourism.
3. The Republic of Korea is the 12th largest economy in the world.
The main industries: semiconductor, electronics, steelmaking, shipbuilding,
and automotive.
The export oriented economy
The Korean government looks for new growth engine.
BackgroundBackground
4. 5th in Bloomberg’s Most Efficient Health Care Ranking(2015)
Healthcare information technology (expanded to global market)
Competitive services (e.g., Aesthetic medicine, Oriental medicine)
Increasing importance of healthcare industry in the economy
(potential for creating more jobs)
Background
5. Government’s needs to
develop new growth engine
Policy for
globalizing
healthcare
Competitive
medical
technology
& services
Background
6. 1) To explain the policy for globalizing healthcare in Korea
2) To analyze the success factors for the current achievement
3) To analyze the problems we encountered during execution of policy
4) To suggest the future strategy
Objective
12. 79
91
111
125
141
2011 2012 2013 2014 2015
52
33
9 8 8
31
KHIDI Report(2015)
Outbound trend
Figure 2. Overseas expansion of medical
institution by year
Figure 3. Overseas expansion of medical
institution by region
16. Systematic government support & commitment
Government
Activities
Legal &
institutional
bases
Human
resource
development
Global
networking
Market
information
base
Figure 4. Government activities
21. Lack of long-term vision & strategy
· Many projects on boosting medical tourism industry
- Focus on the short-term
achievement
- Focus on the quantitative
aspects of performance
(e.g., number of foreign
patients, earnings)
- Failure to develop wellness
tourism resources
Problems
22.
23. Nations
Reported
numbers of
foreign patients
Foreign
residents
Wellness tourists Medical tourists
Thailand
(2012)
2,530,000
(number of visits)
41.4% α 1,482,580-α
(number of visits)
Malaysia
(2013)
881,000 46.9% 444,024
US
(2017)
560,000 560,000
Germany
(2014)
250,000 250,000
Turkey
(2012)
380,000 250,000 130,000
Table 2. Number of medical tourists
25. Discontinuity
· Personnel change at all levels(government, institutes, hospitals)
- Few experts
- Weak international
network
- Insufficient information
on global market
Problems
26. Privatization
· Profit seeking from treatment of foreign patients
Commercialization:
- No regulation on fee
structure
- High commission of some
MT facilitators
- Aggressive marketing
Malpractice
Problem
28. Resetting long-term goal
1) Practical goal setting
2) Reconfiguring goal (qualitative as well as quantitative aspects)
- Qualitative indicator(e.g., safety, transparency)
3) Pursuing “health tourism”
- Medical tourism + Wellness tourism
29. Nation
Health Tourism
Medical tourism Wellness tourism
Thailand
Medical
Service
Massage
India Yoga
Hungary Spa
South Africa Safari
Argentina Tango
New Goal
30. Resetting marketing
1) Developing message related to core value
2) Developing message related to extra value
3) Developing unique and attractive “destination brand”
- Key word
- visual cue
4) Developing effective marketing channel for target nations
5) Developing viral marketing strategy
32. OutcomeExpertise
Cost Infra-
Structure
Customer Service Quality
Globalization of Healthcare
Number of Foreign Patients
Tourism
Resources
Accessi
bility
Healthcare
System Safety
Governmental
Support
(Jin, 2015)
Core value
33. Focusing on infrastructure
1) Human resource development
- Global experts in hospital
(e.g., KOHI, Seminar for knowledge sharing)
- Global experts in Government
2) Information System
- Global expert system(for delivering information on global healthcare market)
3) Global network
- Forum (e.g., Korea-China Healthcare Forum)
34. Thank you
Ki Nam Jin
Dept of Health Administration
Yonsei University
Korea