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.
World medical tourism and global health conference providing low cost child h...Gordon Otieno Odundo
7th World Medical Tourism and Global Healthcare Congress presentation to the 3rd Annual Medical Director Summit held on Sept. 21st during the Annual Congress. The Congress took place September 20th -24th 2014 at the Gaylord National Resort & Convention Center in the Washington, DC area. The esteemed presenters were CEOs and Healthcare Leaders from around the world who recognize the value of the event as the largest medical tourism event in the world where people come together for prearranged business to business meetings to maximize their ROI. The Summit gathered Chief Medial Officers and Medical Directors from top hospitals and insurance companies from around the world to collaborate and network regarding the challenges in providing quality healthcare and insurance to local and international patients, and allowed discussion with peers in other countries and learn best practices to strategically improve our organization’s planning. The presentation centered on Delivering High Quality, Low Cost Care at Scale through Primary Care : A case Study from Gertrude's Childrens' Hospital, Nairobi Kenya.Gertrude's Children's Hospital, Nairobi Kenya is the longest established paediatric hospital in East and Central Africa. The hospital is reaching out into peripheral clinics to offer child health services, vaccination and primary care. Seven day working, a shared record and IT for scheduling ensures that waiting times are very low and that continuity of care is maintained. In a competitive market forming an early relationship with children and their families is important and a well organised clinic, in a convenient location and staffed with skilled and well qualified professionals is an important part of this strategy. The model is very successful and won a Millennium Development Goal Award and is being copied by other providers in the country.
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.
World medical tourism and global health conference providing low cost child h...Gordon Otieno Odundo
7th World Medical Tourism and Global Healthcare Congress presentation to the 3rd Annual Medical Director Summit held on Sept. 21st during the Annual Congress. The Congress took place September 20th -24th 2014 at the Gaylord National Resort & Convention Center in the Washington, DC area. The esteemed presenters were CEOs and Healthcare Leaders from around the world who recognize the value of the event as the largest medical tourism event in the world where people come together for prearranged business to business meetings to maximize their ROI. The Summit gathered Chief Medial Officers and Medical Directors from top hospitals and insurance companies from around the world to collaborate and network regarding the challenges in providing quality healthcare and insurance to local and international patients, and allowed discussion with peers in other countries and learn best practices to strategically improve our organization’s planning. The presentation centered on Delivering High Quality, Low Cost Care at Scale through Primary Care : A case Study from Gertrude's Childrens' Hospital, Nairobi Kenya.Gertrude's Children's Hospital, Nairobi Kenya is the longest established paediatric hospital in East and Central Africa. The hospital is reaching out into peripheral clinics to offer child health services, vaccination and primary care. Seven day working, a shared record and IT for scheduling ensures that waiting times are very low and that continuity of care is maintained. In a competitive market forming an early relationship with children and their families is important and a well organised clinic, in a convenient location and staffed with skilled and well qualified professionals is an important part of this strategy. The model is very successful and won a Millennium Development Goal Award and is being copied by other providers in the country.
This breadth and dept ot tocus as wen ci,1 panies allow us tGrazynaBroyles24
This breadth and dept ot tocus as wen ci
,1 panies allow us to include cases that can be used as a complement to the opening and
closing cases of each chapter by teachers who prefer a case -oriented and practically
focused teaching method. The integrative cases also allow for a holistic and strategic
take on the content across chapter topics for those teachers who prefer to delve into a
more comprehensive set of issues in international business.
ii
ir
ct.
Lb'.
To understand the positioning of each end -of-the -book case, we have included a ma-
trix that outlines which chapters are the most heavily covered in the case ("primary
chapters"), which chapters have supplementary coverage in the case ("secondary
chapters"), and which textbook "parts" are covered by a case (i.e., Introduction and
Overview: National Differences: The Global Trade and Investment Environment; The
Global Monetary System; The Strategy and Structure of International Business: and
International Business Functions).
The end -of-the -book cases have been composed to be similar in length to the opening
and closing cases (700 to 1,500 words). For the International Business course -whether
it be at the undergraduate or graduate level -cases at the 700- to 1,500 -word length
have been shown to resonate with both students and teachers. These cases motivate
students to learn the material in a chapter and provide an application -rich connection to
relevant practice, while alsO comprehensively covering important topics. Each case has
a particular focus-as highlighted in the matrix-but we have also written each case to
be possibly used in a deeper discussion around the company, country, and/or issue
highlighted for those teachers who prefer to dig deeper in a case scenario.
Global Medical Tourism
Health care seems to be in the news constantly-from the
cost of health care to the quality of delhering health care.
The United States prides itself on having the best health
care, but it is also the most expensive health care provider
in the developed world. The United States spends roughly
$10,000 per person annually on health care, while
Switzerland, as the second highest-spending country, al-
locates just over $6,000 annually. Interestingly, health
care has always been viewed as an industry that is local to
the country in which people live.
You might even think that health care is one of the in-
dustries least vulnerable to dislocation from globalization.
Like many service businesses, surely health care is deliv-
ered where it is purchased. If an American goes to a hospi-
tal for an MRI scan, a local radiologist is likely to read the
scan, right? If the MRI scan shows that surgery is required,
surely the surgery will be done at a local hospital in the
United States? Until recently, this was true, but we are
now witnessing globalization in this traditionally most
local of industries. This globalization of health care-
"medical tourism"-has resulted in more than 8 million
patients f ...
Top 10 Medical Tourism Destinations in the World.pptxMedFitAway
With rising healthcare costs in the world and the rise of health tourism destinations that offer quality and affordable healthcare perked up by a beautiful travel experience, people are scampering to book appointments with healthcare providers far away from home. Yearly, millions of patients travel from countries lacking healthcare infrastructure or less advanced in a particular area of medical care to countries that provide highly-specialized medical care.
This has birthed a robust global medical tourism market that was worth over $37 billion in 2019. Patients book flight trips to countries for various medical procedures ranging from cosmetic surgery, dental work, to orthopedic procedures at affordable rates. For the health tourism destinations and healthcare providers, the competition is fierce, requiring an interplay of factors to drive medical travel and improve their brand in the medical tourism market.
According to the Medical Tourism Index, whichassesses the attractiveness of countries for medical travel, a country’s economy and public image, healthcare costs, and quality of care are the major factors that drive medical tourism growth in a destination.
Using these metrics, here are the top 10 medical tourism destinations in the world.
A Case Study on Medical Tourism in Hyderabad City by Dr.Mahboob Ali Khan Phd ...Healthcare consultant
Medical centers all over the world have acquired accreditation from well known international organizations such as JCI, JCAHO and ISO to express their dedication to excellence. Another advantage of medical tourism is the immediate access to health care services. For those who have come from countries with public health care systems, medical tourism offers them the chance to be placed on the priority list. When dealing with matters of health, waiting is not always an option.
This breadth and dept ot tocus as wen ci,1 panies allow us tGrazynaBroyles24
This breadth and dept ot tocus as wen ci
,1 panies allow us to include cases that can be used as a complement to the opening and
closing cases of each chapter by teachers who prefer a case -oriented and practically
focused teaching method. The integrative cases also allow for a holistic and strategic
take on the content across chapter topics for those teachers who prefer to delve into a
more comprehensive set of issues in international business.
ii
ir
ct.
Lb'.
To understand the positioning of each end -of-the -book case, we have included a ma-
trix that outlines which chapters are the most heavily covered in the case ("primary
chapters"), which chapters have supplementary coverage in the case ("secondary
chapters"), and which textbook "parts" are covered by a case (i.e., Introduction and
Overview: National Differences: The Global Trade and Investment Environment; The
Global Monetary System; The Strategy and Structure of International Business: and
International Business Functions).
The end -of-the -book cases have been composed to be similar in length to the opening
and closing cases (700 to 1,500 words). For the International Business course -whether
it be at the undergraduate or graduate level -cases at the 700- to 1,500 -word length
have been shown to resonate with both students and teachers. These cases motivate
students to learn the material in a chapter and provide an application -rich connection to
relevant practice, while alsO comprehensively covering important topics. Each case has
a particular focus-as highlighted in the matrix-but we have also written each case to
be possibly used in a deeper discussion around the company, country, and/or issue
highlighted for those teachers who prefer to dig deeper in a case scenario.
Global Medical Tourism
Health care seems to be in the news constantly-from the
cost of health care to the quality of delhering health care.
The United States prides itself on having the best health
care, but it is also the most expensive health care provider
in the developed world. The United States spends roughly
$10,000 per person annually on health care, while
Switzerland, as the second highest-spending country, al-
locates just over $6,000 annually. Interestingly, health
care has always been viewed as an industry that is local to
the country in which people live.
You might even think that health care is one of the in-
dustries least vulnerable to dislocation from globalization.
Like many service businesses, surely health care is deliv-
ered where it is purchased. If an American goes to a hospi-
tal for an MRI scan, a local radiologist is likely to read the
scan, right? If the MRI scan shows that surgery is required,
surely the surgery will be done at a local hospital in the
United States? Until recently, this was true, but we are
now witnessing globalization in this traditionally most
local of industries. This globalization of health care-
"medical tourism"-has resulted in more than 8 million
patients f ...
Top 10 Medical Tourism Destinations in the World.pptxMedFitAway
With rising healthcare costs in the world and the rise of health tourism destinations that offer quality and affordable healthcare perked up by a beautiful travel experience, people are scampering to book appointments with healthcare providers far away from home. Yearly, millions of patients travel from countries lacking healthcare infrastructure or less advanced in a particular area of medical care to countries that provide highly-specialized medical care.
This has birthed a robust global medical tourism market that was worth over $37 billion in 2019. Patients book flight trips to countries for various medical procedures ranging from cosmetic surgery, dental work, to orthopedic procedures at affordable rates. For the health tourism destinations and healthcare providers, the competition is fierce, requiring an interplay of factors to drive medical travel and improve their brand in the medical tourism market.
According to the Medical Tourism Index, whichassesses the attractiveness of countries for medical travel, a country’s economy and public image, healthcare costs, and quality of care are the major factors that drive medical tourism growth in a destination.
Using these metrics, here are the top 10 medical tourism destinations in the world.
A Case Study on Medical Tourism in Hyderabad City by Dr.Mahboob Ali Khan Phd ...Healthcare consultant
Medical centers all over the world have acquired accreditation from well known international organizations such as JCI, JCAHO and ISO to express their dedication to excellence. Another advantage of medical tourism is the immediate access to health care services. For those who have come from countries with public health care systems, medical tourism offers them the chance to be placed on the priority list. When dealing with matters of health, waiting is not always an option.
1. The cheapest facelifts in the world
Secret Surgery's group tour to Poland included some surgical procedures. If you're considering
surgery and a vacation this year, you may want to combine the two.
Medical tourism is booming, thanks to the massive savings that can be had if you're willing to trust
in foreign doctors.
In India, angioplasties go for around US$11,000, one-ninth the going rate in the United States.
The facelift that rings in at around US$12,000 in the United Kingdom can be had for US$1,800 in
Brazil.
These are the benefits medical tourists are increasingly discovering, a result of the growing
awareness that no one country has a monopoly on health care and that cheap doesn't necessarily
mean poor quality.
"Medical tourism has grown significantly in the last 10 to 15 years, especially in the developing
world," says Harvard law professor Glenn Cohen, author of "Patients with Passports: Medical
Tourism, Law, and Ethics" and "The Globalization of Health Care."
"The revenues generated by this trade are staggering."
According to the World Travel Tourism Council (WTTC), medical tourism contributed 9 percent of
global GDP (more than US$6 trillion) and accounted for 255 million jobs in 2011.
Now, even small countries such as Mauritius and Jamaica want to get involved.
After JAMPRO, Jamaica's investment and promotion agency, concluded that the average medical
tourist spends US$5,000, double the amount of a vacationing tourist, a commission was established
to investigate the building of offshore medical facilities and recruitment of U.S. doctors for month-
long stints.
For the medical consumer, the benefits are clear.
Cost savings of up to 90 percent. Fast service. And, for some, a rare opportunity to receive
experimental medical care that might not be available in their own country.
When life kicks, kick back
Medical tourism contributed 9 percent of global GDP (more than US$6 trillion) in 2011. Amy
Scher, 33, couldn't find anyone in the United States to conduct the stem cell treatment she needed
to treat her Lyme's disease, which caused nerve and muscle damage, brain lesions and near-
constant pain.
Despite the advice of her American doctor ("He thought it would kill me") and her own reservations
("The game of tug of war with myself began the moment I hung up the phone with the doctor in
India"), she took three trips to New Delhi between 2007 and 2010 to receive a controversial and
2. experimental embryonic stem cell therapy program.
Today, she says she's completely healed of all effects of the autoimmune illness and works as an
energy therapist in San Francisco.
"Western medicine failed me," she says in, "This is How I Save My Life: A True Story of Embryonic
Stem Cells, Indian Adventures, and Ultimate Self-Healing," an "Eat Pray Love"-style memoir that
debuted in January.
"I agreed to be a guinea pig, because it offered the most potential for regeneration. It was my best
shot at saving my life," says Scher.
She also fell in love with New Delhi.
"It offered exactly what my life needed. It offered hope," she says.
And in the process, she saved US$60,000.
A stem cell treatment program at Northwestern Memorial in Chicago can cost US$90,000.
Because it required immunosuppressant drugs, "physicians told me I'd not likely survive the drugs
even in the unlikely chance I were approved."
In India the program cost Scher US$30,000 and "it included room and board."
"Other countries are astounded at our medical costs," she says. "Brain scans that are US$250 in
India are US$1,500 in the states.
"Lab work, easily US$50-plus in the states, cost only US$5-10 there. And don't get me started on
affordable medication. I brought a whole suitcase back."
But it's not just the cost, she says.
The service is efficient and the labs and pharmacies often delivered results and medication to her
hospital room for free.
Queues, what queues?
Angela Chouaib: "I wanted to help others feel as good as I do." Perhaps the most appealing perk is
the lack of waiting lists.
In Britain and Canada, hip replacement waiting lists stretch to a year, while at Bangalore's Apollo
Hospitals, patients can land in the operating room the morning after getting off a plane.
In 2010, Brit Angela Chouaib, 36, had gastric bypass surgery. She lost 140 pounds and was put on a
three-year wait list for the surgery to tidy up the excess skin.
She decided to take the matter into her own hands.
She researched alternatives for the surgery that was going to cost nearly US$32,000 in the United
Kingdom and found a doctor in Poland who could do it for less than US$8,000.
3. "I was trapped in a deflated fat suit and didn't want to put my life on hold for another three
years," Chouaib says.
The surgery was a success.
"I felt like a new woman," she says.
Chouaib started setting up similar trips for friends of friends because, "I wanted to help others feel
as good as I do."
After nine months and 50 success stories, Chouaib quit her job in London and in November 2010
started Secret Surgery LTD, organizing overseas cosmetic surgery, mostly to Poland.
In December 2012, she sent 30 women to Wroclaw, a girlfriends' getaway that had some surgical
procedures thrown in.
The women, between the ages of 19 and 60, enjoyed lavish dinners, escorted tours to a Christmas
market, personal shopping with an image stylist and late-night chats that they'd started months
earlier on Facebook.
Scottish mom Marie Ferguson took her two daughters for "a Christmas treat" after having a mini-
facelift and liposuction in April.
"Being a medical tourist has enough to focus on without worrying how to get from A to B," Chouaib
says. "I arrange flights, transfers, luxury accommodations, surgery stay, procedure and the little
things (grocery delivery and massage)."
Would you like a hotel room with that mastectomy?
Brazil is the world's top medical tourism destination, with 4,500 licensed cosmetic surgeons.
Medical tourism is lucrative and sophisticated enough to support booking websites offering trips,
pointers and rating systems.
The number of companies acting as medical travel agents is ballooning, marketing the idea that
recuperation happens quicker in sunny climes. These include Med Retreat and International Medical
Travel Journal.
By combining a little RR with a rhinoplasty, so goes the thinking, you kill two goals with one trip.
To some, it might sound risky, but according to Nathan Cortez, associate professor at Southern
Methodist University Law School, who researches medical tourism, "Hospitals that market to foreign
patients go out of their way to make materials available in English and to employ English-speaking
doctors and nurses.
"I encourage people to do their homework, understand whatever waivers or contracts they are asked
to sign by foreign doctors and hospitals and visit credible hospitals, preferably those accredited by
Joint Commission International (JCI) or another international hospital accreditation body."
By the end of 2012, more than 350 international hospitals had been awarded JCI accreditation, most
of which, along with their respective countries, are aggressively courting international patients.
4. Medical tourism around the world
Brazil
Brazil is top dog when it comes to cosmetic surgery, with more than 4,500 licensed cosmetic
surgeons, the highest per capita in the world.
Newsstands in Rio and Sao Paulo sell magazines such as "Plastica Beauty" next to "Marie Claire";
and Dr. Ivo Pitanguy, a popular plastic surgeon, is often honored at Carnival with samba dancers
praising his "scalpel guided by heaven."
Prices in Brazil are two-thirds the typical prices in the United States.
Alexander Edmonds, assistant professor of anthropology at the University of Amsterdam and author
of "Pretty Modern: Beauty, Sex and Plastic Surgery in Brazil," tells the story of a domestic servant
who, after reading up on prosthetic materials at an Internet cafe, paid US$900 for a mid-cost model
of breast implant. The same procedure averaged US$3,694 in the United States in 2011.
Thailand
Between 2010 and 2014, Thailand is expected to rake in US$8 billion in medical tourism dollars.
Bangkok's Bumrungrad International Hospital, a gleaming 22-floor facility with more than 554 beds
and 30 specialty centers, sees more than a million patients per year, 40 percent of which come from
190 foreign countries.
There's a Starbuck's off the lobby and a four-star hotel and shopping mall on the campus.
www.bumrungrad.com
Singapore
At last count, this island state of 5 million had 13 JCI-accredited hospitals, many of which are
affiliated with well-known institutions.
Singapore Medicine, a government-industry partnership since 2003, promotes members to
international tourists and requires compulsory posting of all costs associated with health care.
Singapore spends less than 4 percent of its GDP on health care. By 2019, health care in the United
States is expected to consume 20 percent of GDP.
www.singaporemedicine.com
India
"Ahithi devo bhavha," a Hindu phrase that means "the guest is God," is the guiding principle of
health care in India.
It's also the only Sanskrit patients are likely to encounter here -- English is the language of choice
throughout the country's extensive hospital system.
5. Surgery in India is often one-tenth the going rate in the United States.
A heart-valve replacement that runs around US$200,000 in the States goes for US$10,000-14,000 at
Apollo Indraprastha in New Delhi.
Lasik Eye Surgery costing US$4,000 in the U.S. is available at Apollo Hospitals, Hyderabad for
US$300.
www.apollohospitals.com
Costa Rica
In Costa Rica, dental care can cost as much as 70 percent less than in the United States. More than
40,000 medical tourists visited Costa Rica in 2011, a third for dental care.
The country that's a short trip from the United States also offers orthopedics, cardiology, spine,
cosmetic and bariatric surgery.
www.promedcostarica.com
More resources
For more information on medical tourism, check out HealthCare Tourism International, a nonprofit
that tracks global healthcare and provides a database of services by country,
(www.healthcaretrip.org) or Patients Beyond Borders, which works with international Ministries of
Health and Ministries of Tourism to connect patients with providers.
www.patientsbeyondborders.com
http://travel.cnn.com/cheapest-facelifts-world-786941