Medical tourism is the practice of traveling abroad to receive medical care. India has emerged as a popular destination for medical tourism due to its lower costs, world-class facilities and doctors, and English-speaking population. Key procedures offered by India include joint replacements, heart surgery, and cosmetic surgeries at costs that are a fraction of prices in the United States or Europe. Hospitals in India seek international accreditation to assure medical tourists of quality and safety standards.
Medical Tourism : An Emerging Industry Anil Bankar
The document discusses various trends in the tourism industry including medical tourism. It notes that medical tourism has grown significantly in recent decades as countries like India and Thailand have become popular destinations for treatments that are more affordable than in other countries. The document provides details on the history of medical tourism and compares costs for various medical treatments between India and other countries. It also outlines the services provided by medical tourism operators and potential career opportunities in the growing medical tourism industry.
India has a long history as a destination for medical tourism, dating back thousands of years. In modern times, India has emerged as a top destination for medical tourism due to the high quality care provided at a fraction of the cost of treatments in other countries. The Indian government actively promotes the country's medical tourism industry through initiatives like dedicated medical visas and the website IndiaHealthcareTourism.com. Major private hospitals in India provide treatments in cardiology, orthopedics, and oncology to attract medical tourists while also offering traditional Ayurvedic and other alternative medicine options.
Medical tourism is the practice of traveling abroad to receive medical treatment. India has become a preferred destination for medical tourism due to affordable treatment costs and world-class facilities. Key components of medical tourism include treatment of illnesses, cosmetic surgeries, wellness programs, and fertility treatments. Hospitals must be accredited by various international accreditation organizations to participate in medical tourism. The top states in India for medical tourism are Maharashtra, Tamil Nadu, and Delhi. Medical tourism is a growing industry in India worth billions of dollars annually.
This presentation explains medical tourism in India, it's benefits and the factors affecting it. It also looks at the darker side of medical tourism in India and introduces the concept of Medical Value Travel. The concepts are explained with the help of a storyline.
This document provides an overview of medical tourism, with a focus on India. It discusses what medical tourism is, common terms used, a brief history, and India's role. Key points include that medical tourism involves traveling abroad for treatment, India has a long history as a destination for health travelers seeking affordable treatments like Ayurveda, and the country now has many JCI accredited hospitals and is a leading destination for procedures like orthopedics and cardiology due to high quality care at much lower costs than other countries.
This document discusses medical tourism, which involves traveling abroad for medical treatment. It provides an overview of the scope and components of medical tourism, including treatment types, wellness, and reproduction services. India is highlighted as a major destination for medical tourism due to its high-quality care at low costs compared to other countries. Challenges and opportunities for India's medical tourism industry are examined through a SWOT analysis. The roles of the Indian government and private sector in promoting medical tourism are also outlined.
Key points
Definition
Medical Tourism Process
Factors Of Medical Tourism
Abroad For Treatment
Specialties For Medical Tourism
Benefits Of Medical Tourism
Ethical Issues In Medical Tourism
Legal Issues In Medical Tourism
Points To Communicate
Risks Of Medical Tourism
Positive And Negative Impact On Medical Tourism In The UAE
Some Of Dubai Statistic
Articles About Medical Tourism
Result
References
Medical Tourism : An Emerging Industry Anil Bankar
The document discusses various trends in the tourism industry including medical tourism. It notes that medical tourism has grown significantly in recent decades as countries like India and Thailand have become popular destinations for treatments that are more affordable than in other countries. The document provides details on the history of medical tourism and compares costs for various medical treatments between India and other countries. It also outlines the services provided by medical tourism operators and potential career opportunities in the growing medical tourism industry.
India has a long history as a destination for medical tourism, dating back thousands of years. In modern times, India has emerged as a top destination for medical tourism due to the high quality care provided at a fraction of the cost of treatments in other countries. The Indian government actively promotes the country's medical tourism industry through initiatives like dedicated medical visas and the website IndiaHealthcareTourism.com. Major private hospitals in India provide treatments in cardiology, orthopedics, and oncology to attract medical tourists while also offering traditional Ayurvedic and other alternative medicine options.
Medical tourism is the practice of traveling abroad to receive medical treatment. India has become a preferred destination for medical tourism due to affordable treatment costs and world-class facilities. Key components of medical tourism include treatment of illnesses, cosmetic surgeries, wellness programs, and fertility treatments. Hospitals must be accredited by various international accreditation organizations to participate in medical tourism. The top states in India for medical tourism are Maharashtra, Tamil Nadu, and Delhi. Medical tourism is a growing industry in India worth billions of dollars annually.
This presentation explains medical tourism in India, it's benefits and the factors affecting it. It also looks at the darker side of medical tourism in India and introduces the concept of Medical Value Travel. The concepts are explained with the help of a storyline.
This document provides an overview of medical tourism, with a focus on India. It discusses what medical tourism is, common terms used, a brief history, and India's role. Key points include that medical tourism involves traveling abroad for treatment, India has a long history as a destination for health travelers seeking affordable treatments like Ayurveda, and the country now has many JCI accredited hospitals and is a leading destination for procedures like orthopedics and cardiology due to high quality care at much lower costs than other countries.
This document discusses medical tourism, which involves traveling abroad for medical treatment. It provides an overview of the scope and components of medical tourism, including treatment types, wellness, and reproduction services. India is highlighted as a major destination for medical tourism due to its high-quality care at low costs compared to other countries. Challenges and opportunities for India's medical tourism industry are examined through a SWOT analysis. The roles of the Indian government and private sector in promoting medical tourism are also outlined.
Key points
Definition
Medical Tourism Process
Factors Of Medical Tourism
Abroad For Treatment
Specialties For Medical Tourism
Benefits Of Medical Tourism
Ethical Issues In Medical Tourism
Legal Issues In Medical Tourism
Points To Communicate
Risks Of Medical Tourism
Positive And Negative Impact On Medical Tourism In The UAE
Some Of Dubai Statistic
Articles About Medical Tourism
Result
References
Medical tourism is the practice of traveling abroad to receive medical care. India has become a major destination for medical tourism due to the low costs of treatments compared to countries like the US and UK. The Indian medical tourism industry has experienced rapid growth and is expected to become a $2 billion industry by 2015. Key factors driving medical tourists to India include world-class hospitals and care at a fraction of the price in Western countries, with no waiting lists. The Indian government is taking steps to promote the country's medical tourism sector through initiatives like visa reforms and industry guidelines.
This document discusses medical and wellness tourism in India. It provides statistics showing that Thailand, Singapore, Mexico, India, and the US are top destinations for medical tourists, with Thailand receiving the highest percentage of medical tourists as a proportion of total foreign tourists. The document outlines opportunities for India in health tourism such as job creation and revenue generation, and challenges such as the lack of a dedicated government body for accreditation and difficulties obtaining medical visas. It proposes strategies for India to capture health tourism opportunities like setting up a regulatory body and developing industry-specific websites and alliances between hospitals, wellness centers, and facilitators.
Medical tourism involves traveling abroad to obtain medical care. It has grown rapidly as patients seek affordable, high-quality care. The document discusses the history of medical tourism, noting it dates back thousands of years. Key destinations like India are highlighted, with factors discussed like quality, cost savings, and availability of care. India is positioned as an attractive option due to world-class facilities, joint commission international accreditation, and significant cost savings compared to other countries. Risks like infrastructure and potential language barriers are also reviewed.
This document discusses health tourism, including its origins thousands of years ago when people traveled to sites like Epidaurus and Bath for healing. It notes that in the 21st century, low-cost air travel has expanded health tourism globally. India has become a major destination for health tourism due to its high-quality yet affordable medical care and treatments that are often one-tenth the cost of Western countries. The document outlines India's advantages in health tourism and identifies challenges that still need to be addressed to further develop the industry.
This document discusses health tourism and medical tourism. It provides a history of medical tourism dating back thousands of years. It outlines top specialties, reasons for medical tourism, and India's role in the industry. Key destinations in India are highlighted and analyzed using a SWOT framework. In conclusion, the document stresses the importance of government support and coordination to strengthen India's position as a global leader in medical tourism.
Medical tourism combines medical care with travel. It has grown due to factors like privatized healthcare, government support, and technology. Popular procedures include cosmetic surgery, dentistry, eye surgery, orthopedics, and bariatric surgery. The industry involves hospitals, agents, governments, travel/insurance companies, and buyers of healthcare. Medical tourism impacts local economies and can drive healthcare innovation. However, issues like transplant tourism and human trafficking remain challenges.
This document discusses medical tourism, which is when people travel internationally to obtain medical care. Common treatments received include dental, cosmetic, and elective surgeries. Over 50 countries have identified medical tourism as a national industry. Reasons for medical tourism include lower costs, shorter wait times, and the ability to combine treatment with travel. Popular destinations include India, Thailand, Singapore, and Turkey. The document also outlines some of the benefits, risks, and statistics associated with medical tourism.
Scope and future of medical tourism in indiaIndmed Travel
The scope & future of medical tourism in India. What is Medical Tourism? The significance of medical tourism. The scope of India in medical tourism. The main reasons for the growing popularity of medical tourism in India.Conclusions. References.
This document discusses health tourism, which refers to people traveling internationally to obtain healthcare. It provides an overview of health tourism, defining it and listing countries involved like India, Thailand, and Singapore. Popular procedures for health tourists include complicated surgeries, organ transplants, and fertility treatments. India is an attractive destination for its low costs, reputable facilities, and integration with tourism. The document outlines initiatives by the Indian government to promote and regulate health tourism.
The document is a project report submitted by Ankur Puri, a third year student at the Institute of Hotel Management in Gwalior, India. The report thanks various faculty members, friends, colleagues, and family for their support and insights during the project. It then outlines the table of contents which covers topics like medical tourism surgeries, scope in India, favorable locations, government contributions, conclusions, and bibliography. The report appears to focus on analyzing medical tourism in India.
Medical tourism marketing – opportunities and challenges by Dr Prem JagyasiDr Prem Jagyasi
Medical tourism marketing – opportunities and challenges presents latest trends in medical tourism and what are key challanges in marketplace.
Read more about speaker at www.DrPrem.com
This document provides an overview of health tourism in India. It discusses the history and definition of health tourism, as well as the key drivers that have led to its growth as a multibillion dollar industry. It outlines India's advantages as a health tourism destination, including world-class treatment at a lower cost compared to other countries. The document also examines the systems and facilities available in India, including modern medical treatments and traditional practices like Ayurveda. It analyzes the accreditation standards that Indian hospitals must meet and provides statistics on the revenue and patients generated by India's health tourism industry.
Medical tourism can be broadly defined as provision of 'cost effective' private medical care in collaboration with the tourism industry for patients needing surgical and other forms of specialized treatment.
For adventurous travel blog please visit http://wilsontom.blogspot.com/
Medical Tourism has become one of the most sector which contributes to Healthcare Sector. Due to advancement in medical care technologies and services provided by India, the medical sector is booming.
Medical tourism in India is a growing $2 billion industry, with an expected annual growth rate of 30%. India offers reduced costs for treatments compared to other countries, along with the latest medical technologies and internationally accredited hospitals. Common treatments sought include cardiac surgery, orthopedics, cosmetic surgery, and dentistry. Major hospitals include Apollo, Fortis, and AIIMS. The city of Chennai in particular attracts over 150 international patients daily and has become India's center for medical tourism.
India has become an international hub for medical tourism, attracting over 300,000 medical tourists in 2006-2007 seeking affordable, high-quality healthcare. Medical tourism is a multibillion dollar industry for India, with treatments often costing 1/10th the price of Western countries but with comparable success rates. The growth of medical tourism is projected to continue rapidly, with the industry expected to be worth $2.2 billion annually by 2012. India has established world-class hospitals and healthcare infrastructure on par with Western nations, presenting an economic opportunity for medical tourism.
Business plan medical tourism in indiaNitesh Bhele
Medical tourism provides patients opportunities to receive quality healthcare in foreign countries like India at lower costs than in Western countries. The document outlines plans to start a medical tourism company in India called Med Tour Pvt. Ltd. that will arrange affordable cosmetic surgeries, non-elective procedures, and alternative medicine for international patients. It discusses the market size, services offered, strategies, finances, and human resources required to launch and run the business. The company aims to achieve profitability within its first year of operation through gradual growth in client numbers each month.
The document discusses India's growing health tourism industry, including medical tourism and wellness tourism. It outlines the history and factors influencing health tourism's growth in India. The major segments are defined as medical tourism, which focuses on pathology/surgery, and wellness tourism, which emphasizes alternative medicine and improving well-being. India has become a major destination for health tourism due to its traditional healing methods, cost-effectiveness, and modern healthcare facilities. Kerala and Delhi are highlighted as leading states for Ayurveda/wellness and medical services respectively. Challenges and government initiatives to promote health tourism in India are also summarized.
This document discusses health tourism, which is defined as travelling abroad to receive medical treatment. It notes that India is a major destination for health tourism due to the lower costs of procedures compared to other countries, the availability of advanced equipment and medical experts, and specialty treatments not available elsewhere. Popular areas of treatment in India's health tourism industry include dentistry, fertility treatments, cancer care, and cosmetic surgery. Cities like Delhi, Bangalore, Mumbai, and Chennai are preferred locations. The health tourism industry in India is growing rapidly and is expected to become a $7-8 billion industry by 2020.
Introduction to Medical Tourism in IndiaRanganDatta2
Medical tourism involves people traveling to a different country or place to receive medical treatment. It is defined as seeking lower cost care, higher quality care, better access to care, or different care than what is available in the home country. India is a top destination for medical tourism due to its world-class facilities, excellent doctors, and significantly lower costs compared to countries like the US. Treatments in India can be 60-90% cheaper than in Western nations. While India has strengths like affordable costs and quality care, it also faces weaknesses like the need for more government support and uniform regulations to develop its medical tourism industry further.
Medical tourism is the practice of traveling abroad to receive medical care. India has become a major destination for medical tourism due to the low costs of treatments compared to countries like the US and UK. The Indian medical tourism industry has experienced rapid growth and is expected to become a $2 billion industry by 2015. Key factors driving medical tourists to India include world-class hospitals and care at a fraction of the price in Western countries, with no waiting lists. The Indian government is taking steps to promote the country's medical tourism sector through initiatives like visa reforms and industry guidelines.
This document discusses medical and wellness tourism in India. It provides statistics showing that Thailand, Singapore, Mexico, India, and the US are top destinations for medical tourists, with Thailand receiving the highest percentage of medical tourists as a proportion of total foreign tourists. The document outlines opportunities for India in health tourism such as job creation and revenue generation, and challenges such as the lack of a dedicated government body for accreditation and difficulties obtaining medical visas. It proposes strategies for India to capture health tourism opportunities like setting up a regulatory body and developing industry-specific websites and alliances between hospitals, wellness centers, and facilitators.
Medical tourism involves traveling abroad to obtain medical care. It has grown rapidly as patients seek affordable, high-quality care. The document discusses the history of medical tourism, noting it dates back thousands of years. Key destinations like India are highlighted, with factors discussed like quality, cost savings, and availability of care. India is positioned as an attractive option due to world-class facilities, joint commission international accreditation, and significant cost savings compared to other countries. Risks like infrastructure and potential language barriers are also reviewed.
This document discusses health tourism, including its origins thousands of years ago when people traveled to sites like Epidaurus and Bath for healing. It notes that in the 21st century, low-cost air travel has expanded health tourism globally. India has become a major destination for health tourism due to its high-quality yet affordable medical care and treatments that are often one-tenth the cost of Western countries. The document outlines India's advantages in health tourism and identifies challenges that still need to be addressed to further develop the industry.
This document discusses health tourism and medical tourism. It provides a history of medical tourism dating back thousands of years. It outlines top specialties, reasons for medical tourism, and India's role in the industry. Key destinations in India are highlighted and analyzed using a SWOT framework. In conclusion, the document stresses the importance of government support and coordination to strengthen India's position as a global leader in medical tourism.
Medical tourism combines medical care with travel. It has grown due to factors like privatized healthcare, government support, and technology. Popular procedures include cosmetic surgery, dentistry, eye surgery, orthopedics, and bariatric surgery. The industry involves hospitals, agents, governments, travel/insurance companies, and buyers of healthcare. Medical tourism impacts local economies and can drive healthcare innovation. However, issues like transplant tourism and human trafficking remain challenges.
This document discusses medical tourism, which is when people travel internationally to obtain medical care. Common treatments received include dental, cosmetic, and elective surgeries. Over 50 countries have identified medical tourism as a national industry. Reasons for medical tourism include lower costs, shorter wait times, and the ability to combine treatment with travel. Popular destinations include India, Thailand, Singapore, and Turkey. The document also outlines some of the benefits, risks, and statistics associated with medical tourism.
Scope and future of medical tourism in indiaIndmed Travel
The scope & future of medical tourism in India. What is Medical Tourism? The significance of medical tourism. The scope of India in medical tourism. The main reasons for the growing popularity of medical tourism in India.Conclusions. References.
This document discusses health tourism, which refers to people traveling internationally to obtain healthcare. It provides an overview of health tourism, defining it and listing countries involved like India, Thailand, and Singapore. Popular procedures for health tourists include complicated surgeries, organ transplants, and fertility treatments. India is an attractive destination for its low costs, reputable facilities, and integration with tourism. The document outlines initiatives by the Indian government to promote and regulate health tourism.
The document is a project report submitted by Ankur Puri, a third year student at the Institute of Hotel Management in Gwalior, India. The report thanks various faculty members, friends, colleagues, and family for their support and insights during the project. It then outlines the table of contents which covers topics like medical tourism surgeries, scope in India, favorable locations, government contributions, conclusions, and bibliography. The report appears to focus on analyzing medical tourism in India.
Medical tourism marketing – opportunities and challenges by Dr Prem JagyasiDr Prem Jagyasi
Medical tourism marketing – opportunities and challenges presents latest trends in medical tourism and what are key challanges in marketplace.
Read more about speaker at www.DrPrem.com
This document provides an overview of health tourism in India. It discusses the history and definition of health tourism, as well as the key drivers that have led to its growth as a multibillion dollar industry. It outlines India's advantages as a health tourism destination, including world-class treatment at a lower cost compared to other countries. The document also examines the systems and facilities available in India, including modern medical treatments and traditional practices like Ayurveda. It analyzes the accreditation standards that Indian hospitals must meet and provides statistics on the revenue and patients generated by India's health tourism industry.
Medical tourism can be broadly defined as provision of 'cost effective' private medical care in collaboration with the tourism industry for patients needing surgical and other forms of specialized treatment.
For adventurous travel blog please visit http://wilsontom.blogspot.com/
Medical Tourism has become one of the most sector which contributes to Healthcare Sector. Due to advancement in medical care technologies and services provided by India, the medical sector is booming.
Medical tourism in India is a growing $2 billion industry, with an expected annual growth rate of 30%. India offers reduced costs for treatments compared to other countries, along with the latest medical technologies and internationally accredited hospitals. Common treatments sought include cardiac surgery, orthopedics, cosmetic surgery, and dentistry. Major hospitals include Apollo, Fortis, and AIIMS. The city of Chennai in particular attracts over 150 international patients daily and has become India's center for medical tourism.
India has become an international hub for medical tourism, attracting over 300,000 medical tourists in 2006-2007 seeking affordable, high-quality healthcare. Medical tourism is a multibillion dollar industry for India, with treatments often costing 1/10th the price of Western countries but with comparable success rates. The growth of medical tourism is projected to continue rapidly, with the industry expected to be worth $2.2 billion annually by 2012. India has established world-class hospitals and healthcare infrastructure on par with Western nations, presenting an economic opportunity for medical tourism.
Business plan medical tourism in indiaNitesh Bhele
Medical tourism provides patients opportunities to receive quality healthcare in foreign countries like India at lower costs than in Western countries. The document outlines plans to start a medical tourism company in India called Med Tour Pvt. Ltd. that will arrange affordable cosmetic surgeries, non-elective procedures, and alternative medicine for international patients. It discusses the market size, services offered, strategies, finances, and human resources required to launch and run the business. The company aims to achieve profitability within its first year of operation through gradual growth in client numbers each month.
The document discusses India's growing health tourism industry, including medical tourism and wellness tourism. It outlines the history and factors influencing health tourism's growth in India. The major segments are defined as medical tourism, which focuses on pathology/surgery, and wellness tourism, which emphasizes alternative medicine and improving well-being. India has become a major destination for health tourism due to its traditional healing methods, cost-effectiveness, and modern healthcare facilities. Kerala and Delhi are highlighted as leading states for Ayurveda/wellness and medical services respectively. Challenges and government initiatives to promote health tourism in India are also summarized.
This document discusses health tourism, which is defined as travelling abroad to receive medical treatment. It notes that India is a major destination for health tourism due to the lower costs of procedures compared to other countries, the availability of advanced equipment and medical experts, and specialty treatments not available elsewhere. Popular areas of treatment in India's health tourism industry include dentistry, fertility treatments, cancer care, and cosmetic surgery. Cities like Delhi, Bangalore, Mumbai, and Chennai are preferred locations. The health tourism industry in India is growing rapidly and is expected to become a $7-8 billion industry by 2020.
Introduction to Medical Tourism in IndiaRanganDatta2
Medical tourism involves people traveling to a different country or place to receive medical treatment. It is defined as seeking lower cost care, higher quality care, better access to care, or different care than what is available in the home country. India is a top destination for medical tourism due to its world-class facilities, excellent doctors, and significantly lower costs compared to countries like the US. Treatments in India can be 60-90% cheaper than in Western nations. While India has strengths like affordable costs and quality care, it also faces weaknesses like the need for more government support and uniform regulations to develop its medical tourism industry further.
This document discusses the growing trend of medical tourism, where people travel abroad for medical care. It defines medical tourism as traveling to other countries for medical, dental, or surgical procedures, often combined with leisure travel. Popular destinations mentioned include India, Thailand, South Africa, and Costa Rica, which offer high quality care at much lower costs than in the US or Western Europe. The document also discusses factors driving growth in medical tourism such as the aging population and rising healthcare costs in Western countries. It provides examples of specific procedures and their lower costs abroad.
Medical Tourism by Yesu Kumar- PGDHM Healthcare ManagementYesu Kumar
Medical Tourism is an act of travelling from home county to another country seeking of a quality care with an affordable cost.
Medical tourism has a popular mass culture where people travel to overseas countries to obtain health care services and facilities such as medical, dental, surgical, physical, mental care, whilst having the opportunity to visit the tourist spots of that country.
Medical tourism is an economic activity that entails trade in services and represent two sectors- medicine and tourism.
This document summarizes a presentation about medical tourism. It defines medical tourism as traveling abroad for medical treatment and lists popular specialties like cosmetic surgery, dentistry, and cardiovascular procedures. It notes the growth of medical tourism due to high healthcare costs in some countries and more affordable options abroad that are often a fraction of the price. The document outlines advantages like immediate access to care, improved travel/communication, opportunities to travel, and high-quality care at accredited facilities. It stresses the importance of researching providers, records, follow-up care, and legal protections before engaging in medical tourism.
Medical tourism is a growing global industry, with India emerging as a popular destination. The document outlines the history of medical tourism from ancient times when people traveled to hot springs for treatment, to today where patients travel abroad for affordable yet high-quality care. Key points include that medical procedures in India are one-tenth the cost of Western countries, with over 1 million foreign patients visiting India annually for cardiac care, joint replacements, and other treatments. Medical tourism operators help coordinate travel, visas, hospital appointments, and post-operative vacations to combine treatment with leisure and cultural experiences.
The document discusses medical tourism in India from the perspective of hospitals. It notes that while India lags in primary healthcare infrastructure compared to other developing nations, costs for procedures in India are much lower than in countries like the US and UK. For hospitals, there are opportunities to generate profits not just from medical procedures but also through premium accommodation, food, and other ancillary services provided to medical tourists. However, hospitals face challenges in differentiating their services for medical tourists and must focus on marketing, quality, and offering comprehensive packages to succeed in medical tourism.
Investment in Private Provider FacilitiesCBIZ, Inc.
A presentation regarding Private Investment in Provider Facilities, by Stu Anolik, International Tax Practice Leaders with CBIZ MHM LLC.
For more information, visit http://www.cbiz.com
The document discusses strategies for promoting international medical tourism to India, noting that cardiac treatment and orthopedics are the most popular services. It outlines the major sources of international patients, including from SAARC countries, Africa, and the United States. The document also provides an overview of the business model and processes involved in facilitating medical tourism, from initial information gathering to finalizing travel plans.
This document discusses medical tourism, which refers to people traveling to another country to obtain medical treatment. It provides examples of reasons people engage in medical tourism, such as high savings, no wait lists, high quality treatment, and access to latest technology. It also discusses medical tourism in specific Asian countries like Thailand, Malaysia, India, and their advantages as medical tourism destinations.
LIV Hospital, Turkey as 5 star all inclusive medical treatment destination MedWIO
LIV Hospital, presentation in workshop "Still waiting for patient?", Ukraine, Kiev, october 15.
LIV Hospital as 5 star all inclusive medical treatment destination
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Medical Tourism in Turkey: with IVF case study, comparison to USA implementat...Mustafa Said YILDIZ
Medical tourism has become an important mechanism of obtaining medical care services and it is estimated that total value of medical tourism has become more than $100 billion per year. The number of patients travelling internationally will continue to increase with lower effective travel cost, improvements in quality of care in “medical hubs”, and the cost-advantage of obtaining services elsewhere. The flow of patients is not unidirectional; patients flow from developed to developing regions, between developing areas as well as from developing areas to developed economies. A number of factors affect the size and direction of the flow. Turkey is now competing with other regional hubs to develop its medical tourism industry. Since medical tourism focus on services that show little or no decline in value with delayed receipt of services, it is not surprising that dental care, cosmetic surgeries, etc. are being promoted. The purpose of this study is to better understand the factors associated with increased popularity of medical tourism in Turkey.
To better understand the process of development of medical tourism for specific type of medical care, this study examines one specialized intervention, In Vitro Fertilization (IVF), as the case study. In the past few years IVF has become an important medical tourism service for Turkey and analysis of its development can indicate how medical tourism evolves within a “hub” and how it can lead to development of other services for increasing the demand for general medical care by foreign patients. Cost of medical services in Turkey is only about 30% of the costs in Western Europe and the USA but the high demand for IVF services is not due to cost-advantage only; the success rate of IVF is found to be higher in Turkey than in the USA. Therefore, after correcting for the success rate, the cost-advantage per successful case becomes even higher. Over the last few years, quality indicators of Turkish hospitals in major medical tourism cities are also showing significant improvements implying that Turkey is moving towards creating significant comparative advantage in medical tourism.
This research indicates that most medical hubs like Turkey are going through rapid changes in their domestic medical care markets. Turkey has been successful in maintaining significant cost-advantage per unit of service provided compared to the cost in developed countries. Despite relatively low cost of care, the quality indices are showing significant improvements. In this case study we observe that the success rate of IVF has become better in Turkey than in the USA. If this trend of lower-cost but high quality continues, demand for medical tourism is likely to expand at a very rapid rate. In fact, higher level of medical tourism will be welfare improving for all and should be encouraged.
The document discusses outbound medical tourism from Bangladesh. It notes that the top destinations visited by Bangladeshis for medical purposes are India (77%), Thailand (4%), Singapore (13%), and Malaysia (2%). This is due to factors like the deteriorating healthcare system in Bangladesh such as lack of specialized treatment, high costs, and corruption. Countries like India, Singapore, and Thailand are attractive due to their lower costs, state-of-the-art technology, and quality of care. The document provides recommendations to improve Bangladesh's healthcare system to reduce medical tourism outbound trends.
Countries promoting medical_tourism_session_62Anita Sajit
The document summarizes medical tourism in various countries around the world. It discusses key details about the medical tourism industries in Thailand, Malaysia, Singapore, India, Latin America, the UAE, South Korea, Japan, China/Hong Kong, Germany, and other locations. It provides statistics on numbers of medical tourists, popular treatments, government initiatives and supports, hospital accreditations, competitive advantages, and key facilities in each location.
This document discusses medical tourism, including its definition, reasons for its growth, and challenges. It defines medical tourism as traveling abroad to receive medical treatment. Key reasons for its growth are the high cost of healthcare and long wait times in some countries. However, the industry faces many challenges in countries trying to promote it, such as lack of infrastructure, language barriers, lack of regulations and accreditation, difficulty in promotion, and legal issues dealing with different country laws. Overall, the document provides an overview of the medical tourism industry and issues surrounding its development.
India has become a major destination for medical tourism due to the low costs of treatment compared to countries like the US and UK. Medical tourism in India provides first world treatment at third world prices, with the same treatment often one tenth the cost in other countries. India is positioning itself as a leader for complex medical procedures and attracts over 1.5 lakh foreign patients annually, generating $300 million in revenue in 2002. This revenue is expected to grow to $2 billion by 2012. In addition to medical treatment, many tourists visit cultural and religious sites in India. While medical tourism provides economic benefits, it also faces challenges like inadequate infrastructure and ensuring ethical practices.
Overview of the Medical Tourism industry.pdfinsightscare
This article explains the medical tourism industry, it's history, advantages and the disadvantages and why one should opt for a medical treatment abroad
The document discusses the wellness industry in India, focusing on hospitals. It provides statistics on the size of the wellness industry globally and in India. It then summarizes information about two major hospital chains in India - Fortis Healthcare and Apollo Hospitals - including their founding, locations, services offered, revenues, number of hospitals and beds. Charts show the revenue breakdown by sector and department for each hospital. The document also discusses the companies' pricing, promotion, people and processes. It analyzes the strengths, weaknesses, opportunities and threats for the two hospital chains using SWOT analysis.
Local Advanced Lung Cancer: Artificial Intelligence, Synergetics, Complex Sys...Oleg Kshivets
Overall life span (LS) was 1671.7±1721.6 days and cumulative 5YS reached 62.4%, 10 years – 50.4%, 20 years – 44.6%. 94 LCP lived more than 5 years without cancer (LS=2958.6±1723.6 days), 22 – more than 10 years (LS=5571±1841.8 days). 67 LCP died because of LC (LS=471.9±344 days). AT significantly improved 5YS (68% vs. 53.7%) (P=0.028 by log-rank test). Cox modeling displayed that 5YS of LCP significantly depended on: N0-N12, T3-4, blood cell circuit, cell ratio factors (ratio between cancer cells-CC and blood cells subpopulations), LC cell dynamics, recalcification time, heparin tolerance, prothrombin index, protein, AT, procedure type (P=0.000-0.031). Neural networks, genetic algorithm selection and bootstrap simulation revealed relationships between 5YS and N0-12 (rank=1), thrombocytes/CC (rank=2), segmented neutrophils/CC (3), eosinophils/CC (4), erythrocytes/CC (5), healthy cells/CC (6), lymphocytes/CC (7), stick neutrophils/CC (8), leucocytes/CC (9), monocytes/CC (10). Correct prediction of 5YS was 100% by neural networks computing (error=0.000; area under ROC curve=1.0).
Basavarajeeyam is a Sreshta Sangraha grantha (Compiled book ), written by Neelkanta kotturu Basavaraja Virachita. It contains 25 Prakaranas, First 24 Chapters related to Rogas& 25th to Rasadravyas.
Cell Therapy Expansion and Challenges in Autoimmune DiseaseHealth Advances
There is increasing confidence that cell therapies will soon play a role in the treatment of autoimmune disorders, but the extent of this impact remains to be seen. Early readouts on autologous CAR-Ts in lupus are encouraging, but manufacturing and cost limitations are likely to restrict access to highly refractory patients. Allogeneic CAR-Ts have the potential to broaden access to earlier lines of treatment due to their inherent cost benefits, however they will need to demonstrate comparable or improved efficacy to established modalities.
In addition to infrastructure and capacity constraints, CAR-Ts face a very different risk-benefit dynamic in autoimmune compared to oncology, highlighting the need for tolerable therapies with low adverse event risk. CAR-NK and Treg-based therapies are also being developed in certain autoimmune disorders and may demonstrate favorable safety profiles. Several novel non-cell therapies such as bispecific antibodies, nanobodies, and RNAi drugs, may also offer future alternative competitive solutions with variable value propositions.
Widespread adoption of cell therapies will not only require strong efficacy and safety data, but also adapted pricing and access strategies. At oncology-based price points, CAR-Ts are unlikely to achieve broad market access in autoimmune disorders, with eligible patient populations that are potentially orders of magnitude greater than the number of currently addressable cancer patients. Developers have made strides towards reducing cell therapy COGS while improving manufacturing efficiency, but payors will inevitably restrict access until more sustainable pricing is achieved.
Despite these headwinds, industry leaders and investors remain confident that cell therapies are poised to address significant unmet need in patients suffering from autoimmune disorders. However, the extent of this impact on the treatment landscape remains to be seen, as the industry rapidly approaches an inflection point.
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• Pitfalls and pivots needed to use AI effectively in public health
• Evidence-based strategies to address health misinformation effectively
• Building trust with communities online and offline
• Equipping health professionals to address questions, concerns and health misinformation
• Assessing risk and mitigating harm from adverse health narratives in communities, health workforce and health system
2. Frame Work
• Tourism
• Medical Tourism
• Scope of Medical
Tourism
• Components
• Accreditation
• Medical Tourism
Provider
• Indian Scenario
• SWOT analysis
• Role of Government
and Private
• Innovations
3. Introduction
• After Silicon Rush India Considered as a golden spot for
treating patients
• Medical Outsourcing
• Indian National health policy declared that treatment of
foreign patients is legally export.
10. What is medical tourism?
• Medical tourists elect to travel across international borders to
receive some form of medical treatment
• Treatments may span the full range of medical services
• Most common: dental care, cosmetic surgery, elective surgery,
and fertility treatment – OECD, 2010
11. Tourism
• “Tourism” comprises of the activities of persons
traveling to and staying in place outside their usual
environment for leisure, business and other
purposes.
• Tourists are the people who "travel to and stay in
places outside their usual environment for not more
than one consecutive year for leisure, business and
other purposes not related to the exercise of an
activity remunerated from within the place visited“.
-World Tourism Organisation
12. Types of Tourism
• United Nations classified three forms of tourism
in its Recommendations on Tourism Statistics
(1994).
Domestic tourism, involving residents of the
given country travelling only within the
country.
Inbound tourism, involving non-residents
travelling in the given country.
Outbound tourism, involving residents
travelling in another country
13. Medical Tourism
• Medical tourism is a term involving
people who travel to a different place to
receive treatment for a disease, ailment,
or condition, and who are seeking lower
cost of care, higher quality of care, better
access to care, or different care than they
could receive at home.
-Global Spa
Summit 2011
14. Why Medical Tourism?
• Healthcare and Tourism industries are the fastest growing
industries in the world. Medical Tourism is being promoted
as a Fusion product of these industries.
• Various countries like Thailand, Malaysia, India, etc. are
promoting Medical Tourism aggressively.
• Medical tourism has tremendously generated services and
revenues across the globe and numerous possibilities still
remain unexplored.
15. Reasons for Medical Tourism
Cost Effectiveness
Availability of services
Expertise
Absence of waiting lists
16. Scope of Medical Tourism
• Healthcare industry
World's largest industry
Total revenue of approximately US$2.8 Trillion.
• In India
Healthcare industry has emerged as one of the
largest service sectors
Estimated revenue of around US$30 billion
constituting 5% of GDP and offering
employment to around 4 million people
17. Scope of Medical Tourism in India
• Medical tourism market is valued to be worth
over $310 million with foreign patients
coming by 100,000 every year, and the
market is predicted to grow to $2 billion by
2012.
• An estimated 180,000 medical tourists were
treated at Indian facilities in 2004 (up from
10,000 in year 2000), and the number has
been growing at 25-30% annually.
-
CII-McKinsey report 2008
18. Scope of Medical Tourism
• There are various kinds of services that
are provided under medical tourism
Service Delivery – Medical services
Travel Services (Airlines & Hotels)
Shopping & Entertainment for tourists and
their family members
Insurance Coverage towards the risks involved
during the treatment
Websites providing information, booking
facilities and promotions
19. Countries currently offering International Medical
Tourism healthcare services.
• Argentina
• Australia
• Bahrain
• Bangladesh
• Barbados
• Belgium
• Brazil
• India
• Lebanon
• Lithuania
• Malaysia
• Canada
• Cayman Islands
• Chile
• Costa Rica
• Cuba
• Cyprus
• Switzerland
• Taiwan
• Thailand
• Turkey
21. Treatment of Illnesses
Joint replacements
Heart surgery
Cancer treatment,
Neurosurgery,
Transplants(Liver and Bone marrow)
Dental treatment.
22. Enhancement
• ‘Enhancement’ procedures are carried
out mainly for aesthetic purposes(much
of this work is non-disease related unless
disfigurement is caused by disease).
These are:
All cosmetic surgeries
Breast surgeries
Facelifts,
liposuction and cosmetic dental work.
23. Wellness(Spa/Alternate therapies)
• The ‘wellness’ segment of medical and
healthcare tourism promotes healthier
lifestyles. These products can include:
Treatment in spas
Thermal and water treatment
Acupuncture and Aromatherapy
Beauty care, facials, exercise and diet
Herbal healing, homeopathy, massage
Yoga and naturopathy.
24. Reproduction(Fertility)
• Under this component, there are patients
who seek fertility-related treatments such
as in vitro and in vivo fertilization and
other similar procedures.
• At times, potential parents travel for the
purposes of adopting children because
the legislation and supply of babies for
adoption is easier in host countries.
25.
26. Hospital Accreditation
• Accreditation has been defined as "A self-
assessment and external peer assessment
process used by health care organisations to
accurately assess their level of performance in
relation to established standards and to
implement ways to continuously improve“.
• Fundamentally healthcare and hospital
accreditation is about improving how care is
delivered to patients and the quality of the care
they receive.
27. Accreditation Schemes
• Trent Accreditation Scheme (based in UK-
Europe)
• QHA Trent Accreditation, based in the UK
• Joint Commission International, or JCI (based in
USA)
• Australian Council for Healthcare Standards
International, or ACHSI (based in Australia)
28. • Accreditation Canada (formerly the
Canadian Council on Health Services
Accreditation or CCHSA -based in Canada)
• Accreditation of France (La Haute Autorité
de Santé) based in Paris, France.
• NABH(National Accreditation Board for
Hospitals and Health Centres- based in
India)
29. • The Ministry of Health and Family
Welfare has set up a National
Accreditation Board for
Hospitals(NABH), under the
Quality Council of India for
accreditation of hospitals
• Established in year 2006.
• There are 16 JCI accredited and 63
NABH accredited healthcare
providers in India.
30. Outline of NABH Standards• Access, Assessment and Continuity of Care
• Patient Rights and Education
• Care of Patient
• Management of Medication
• Hospital Infection Control
• Continuous Quality Improvement
• Responsibility of Management
• Facility Management and Safety
• Human Resources Management
• Information Management System
31. Medical Tourism Provider
• A Medical Tourism Provider is an organisation or
a company which seeks to bring together a
prospective patient with a service provider,
usually a hospital or a clinic.
• Some such organisations and companies
specialize in certain areas of healthcare, such as
cosmetic surgery, dentistry or transplant surgery,
while others are more generalised in their
approach.
32. Medical tourism provider
• Medical quality standards vary around the world,
and international accreditation is relatively new.
• For these reasons, Medical tourists look to health
tourism providers to provide information about
Quality,
Safety and
Legal issues.
33. Various issues for Medical
Tourists
• Medical issues
Availability of techniques
Pre-travel health issues,
such as antimalarial
therapy and relevant
immunisations
Medico-legal issues
• Non Medical issues
Prices and how to pay
Hotels(checking in)
Language issues
Ethics
34. Various service providers(India)
• http://www.medaccessindia.com/
• http://www.recoverdiscover.com/
• http://www.medicaltourisminindia.net/
• http://www.forerunnershealthcare.com/
• http://www.medicalresortindia.com/
• http://www.medicaltourism-india.in/
• http://www.medicaltourismco.com/
35.
36. NEJM echoes
• The New England Journal of Medicine
detailed an account of a self-employed
carpenter who had an acute mitral-
valve prolapse that required surgery.
• Estimated fees at the nearest hospital
approached $200,000, half of which
needed to be paid in advance.
• After some more digging around, this
patient was able to find a hospital in
Texas that could perform the procedure
for $40,000.
37. • After some more research, the patient decided to
fly to New Delhi, India where he had the procedure
performed for less than $7,000.
• Shortly after returning to North Carolina, the
patient went back to work with a healthy heart.
To India
38. Why India?
• India has several advantages that make it
a natural choice for Medical treatment.
Cost advantage during treatment as well as
medication
Large pool of good doctors, nurses and
paramedics
World-class facilities
High brand value of leading Indian medical
professionals across the globe
Good English speaking population
Vibrant Pharmaceutical industry
40. Major Players
• Following are major players in the Medical Tourism industry.
Escorts
Apollo Hospital
Max Healthcare
Indraprastha Apollo Hospital
Hinduja Hospital
Jaslok Hospital
Fortis
Wockhardt
41.
42. Competition
• Thailand, Singapore, Malaysia, India and
Philippines are the major destinations in
the Asian medical tourism market.
• Thailand is more popular among Western
European medical tourists for cosmetic
surgery.
• Singapore and India specialize in complex
procedures with India having a cost
advantage and Singapore a technology
advantage.
43. Brand India
Medical Treatment in USA
=
A tour to India + Medical Treatment + Savings
“First World Services at Third World
Cost”.
44. Medical Tourism : SWOT
approach
• Business/service firms undertake SWOT
analysis to understand their external and
internal environments.
• Through such an analysis, the Strengths
and Weaknesses existing within the
medical tourism can be matched with the
Opportunities and Threats operating in
the Indian environment so that an
effective strategy can be formulated.
45. Strengths
• A strength is an inherent capacity which
an organization can use to gain strategic
advantage.
Quality and Range of Services
Affordable costs
Vast supply of qualified doctors:
Strong presence in advanced health care
International Reputation of hospitals and Doctors.
Diversity of tourism destinations and experiences
46. Weakness
• A weakness is an inherent limitation or
constraint which creates strategic
disadvantages.
No strong government support/initiative to
promote medical tourism.
Low coordination between the various players
in the industry- airline operators, hotels, and
hospitals.
Lack of uniform pricing policies across
hospitals.
Customer Perception as an unhygienic country
Political problems etc
47. Opportunities
• An opportunity is a favorable condition in
the service industry which enables it to
consolidate and strengthen its position
Increased demand for healthcare services from
countries with aging population (US, UK)
Fast-paced life style increases demand for
wellness tourism and alternative cures.
Shortage of supply in National Health Systems
in countries like UK, Canada.
48. Opportunities
Demand from countries with underdeveloped
healthcare facilities.
Demand for retirement homes for elderly
people especially Japanese.
Personal touch by the doctors in India.
Traffic system is well developed and easy to go
from one country to another country.
Medicines and lab-our cost is low as compared
to developed countries.
49. Threats
• A threat is an unfavorable condition in the
industry’s environment which creates a
risk for, or causes damage to, the industry.
Strong competition from countries like
Thailand, Malaysia and Singapore.
Lack of international accreditation – a major
inhibitor.
Overseas medical care not covered by
insurance providers.
Under – investment in health infrastructure.
50. Threats
Exploitation of tourists by illegal money
changers.
Terrorism
Rise of Resistant strains (NDM-1)
51. Role of Government
• The role of Indian Government for
success in medical tourism is two-fold:
Acting as a Regulator to institute a uniform grading and accreditation
system for hospitals to build consumers’ trust.
Acting as a Facilitator for encouraging private investment in medical
infrastructure and policymaking for improving medical tourism.
52. Government’s Role
Investment facilitator:
• Recognize healthcare as an infrastructure
sector, and extend the benefits under sec
80-IA of the IT Act.
• Should actively promote FDI in healthcare
sector
• Providing low interest rate loans, reducing
import/excise duty for medical equipment
• Facilitating clearances and certification
53. Government’s Role
• Tourism facilitator:
Reduce hassles in visa process(M-Visa)
Follow an Open-Sky policy to increase inflow of flights into India
Create Medical Attachés to Indian embassies that promote health
services to prospective Indian visitors
54. Private Sector Role
1. Increased participation in building
infrastructure
2. Integrate Horizontally
3. Joint Ventures / Alliances
55. Innovation Through MEDICITIES
• Software industry-Establishment of Export Oriented Software
Technology Parks
• Medical tourism industry-Medicities
56. MEDICITY
• MEDICITY-A self-sustained healthcare hub with
Super specialty hospitals of international
standards
Ancillary facilities
Research institutions
Health resort
Rehabilitation centers and residential
apartments.
57. References
• World Tourism Organisation, unwto.org/
• Ministry of Tourism, India, tourism.gov.in/
• Incredible India, www.incredibleindia.org/
• NABH, www.nabh.co/
• CII-McKinsey Report
Editor's Notes
Spa means health through water. In earlier times iron deficiency was cured by water containing iron and this is how it all started. Source -Wikipedia
Flow chart by Reddy et al for Medical Tourism Value Chain(2004)