Medical tourism is still small
Wall Street Journal (subscription required), May 6, 2008
Although there remains potential for huge growth in the industry, the number of people traveling the globe for medical treatment likely is far lower than commonly assumed, according to a study by consulting firm McKinsey & Co. Just 60,000 to 85,000 patients a year travel to another country expressly for inpatient hospital care each year, according to the study. In addition, most aren't seeking low-cost care in the developing world, but many of the medical tourists instead seek the latest treatments available in the United States and other industrialized countries.
- Senators Hear How Two-Midnight Rule Harms Patients, Hospitals
- 3 Management Lessons from a Supermarket Debacle
- Handshaking Spreads Germs. Get Over It.
- Healthcare Costs Start With What We Eat
- Hospitals Likely to Outsource ICD-10 at Launch
- IOM Identifies GME Problems, Calls for Finance Changes
- CMS Confirms ICD-10 Deadline
- Anatomy of 3 Health System Rebranding Efforts
- Premium Subsidy Fight Creating Uncertainty for Hospitals, Health Plans
- Medicare Advantage Carriers See 'No Choice' But to Accept Cuts