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Editor's Picks
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Venture capitalists see potential in Chinese healthcare reforms
Last week, China's cabinet offered details on the initial phase of the country's vast healthcare revamp, which includes a construction surge that by 2011 will give every village a medical clinic and every county at least one hospital. China has earmarked more than $120 billion for the reform plans, and now venture capitalists worldwide are anticipating the opportunities in life science fields that this funding will make possible. With 7,400 clinics and 2,000 hospitals in the works, companies that provide resources such as medical equipment and service technology are poised to benefit, according to this article in VentureBeat. In addition, IBM representatives said that China will probably spend upward of $1.5 billion on software needed to keep track of medical records and run operations at all of these facilities. [Read More]
India offers buy-one-get-one-free service for medical tourists
The Indian tourism ministry is finalizing a plan in which a tourist visiting the country for a particular medical treatment will be offered an additional treatment at no cost for a smaller procedure. The plan is part of a strategy implemented by the government to increase foreign tourist arrivals during the global slowdown, a senior official in the tourism ministry said. The ministry is in advanced discussion with all major hospital chains to offer the complementary treatment. "Now, foreign medical tourists would be offered one additional treatment for free—almost all major hospitals have expressed their interest in partnering with us," Tourism Secretary Sujit Banerjee told the Economic Times. [Read More]
South Korea promotes medical tourism in Kuwait
In another country's move to promote medical travel amid the global recession, several representatives from the South Korean government and healthcare industry visited Kuwait to promote the sector. Baeho Kim, regional director of the South Korean Tourism Organization, headed a team of medical tourism delegates from three well-known South Korean hospitals that met with several Kuwaiti officials who introduced their newest Medical Tourism facilities. South Korean Ambassador Moon Young Han said that his country is highly advanced in terms of technology and that its excellent doctors are aided by the best medical equipment available. In addition, Han touted South Korea's "extremely affordable price of our medical services compared to European countries and even the United States." [Read More]
UK's National Health Service hospitals treating patients in temporary buildings
Millions of National Health Service patients in the U.K. are still being treated in "substandard" conditions in temporary buildings outside hospitals, according to a health spokesman for the Conservative political party, which obtained the figures under the Freedom of Information Act. Many new UK hospital buildings are built using a private finance initiative, but funding is diminishing due to the credit crunch, according to The Daily Mail. The NHS also faces a £310 million bill for urgent, high-risk repairs to existing hospital buildings. In response to the findings, a spokesman for the Department of Health said: "Temporary buildings are subject to the same requirements as permanent buildings in relation to safety and quality and cleanliness." [Read More]
TLT Call For Entries
As we celebrate the fifth year of the Top Leadership Teams in Healthcare program, we are once again looking for the next story of great leadership. Last year, we opened up the competition to include a "Global Hospitals" category, with Bangkok Hospital Medical Center in Thailand named the winner. If you think your organization has an outstanding teamwork story to share, submit your entry to HealthLeaders Media today. The deadline for submissions is April 30.
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Global Health Headlines
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Japan drafts $154.4 billion stimulus
New York Times - April 14, 2009
CMS Names 14 Communities for Hospital Readmissions Project
HealthLeaders Media - April 13, 2009
Facing hard times, Shriners may close six hospitals
Associated Press - April 10, 2009
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From HealthLeaders Magazine |
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Jump . . . or Get Pushed
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The tough decisions you don't want to make now—but may have to. [Read More] |
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Service Lines Management |
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Redefining Cardio
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The cardiovascular service line remains a dependable revenue generator for many hospitals across the country. But a shifting market full of new options for patients means organizations must find ways to differentiate themselves to keep it that way. [Read More] |
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