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Editor's Picks
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Don't believe the hype
McKinsey & Co. is here at the Globalization Summit today to talk about the results of a report on global medical travel. This Wall Street Journal story previews some of the findings. Most noteworthy, in the Journal's opinion, is that each year only 60,000 to 85,000 patients travel to another country expressly for inpatient hospital care. The study contrasts with reports by individual countries that appear to exaggerate the number of medical travelers. The report found that medical travelers seeking lower-cost care for medically necessary procedures accounted for about 9% of the total, and elective procedures accounted for about 4%. [Read More]
Under the knife in Bangalore
Global healthcare travel might not be as widespread as we thought, according to McKinsey & Co., but that's not stopping the major U.S. magazines from hyping it. In fact, this week U.S. News & World Report provides the latest overview of the medical travel industry. The story highlights an American who saved about 80% on the cost of surgery to his hips and knees by traveling to Wockhardt Hospital in Bangalore. Be sure to watch the short embedded video to get a sense of the patient's perspective. [Read More]
South Korea aims to become Asia's new medical travel hub
South Korea has lagged behind others in the medical travel industry. But with renewed government commitment, the country is attempting to enter the ranks of Singapore, Thailand, and India. South Korea hospitals have set the mark to get 100,000 foreign patients annually by 2012. [Read More] |
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Global Health Headlines
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Ten million children worldwide die from lack of healthcare
AP/Yahoo News, May 6, 2008
Hospital workers' strike in Chile delays surgeries
Orlando Sentinel, April 30, 2008
Australian doctor proposes paying $47,000 for a kidney
AP/Yahoo News, May 5, 2008
British court rules drug data must be shared
Wall Street Journal (subscription required), May 2, 2008 |
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Sponsored Headlines From IBM
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Healthcare 2015: Win-win or lose-lose?: The current paths of many healthcare systems around the world will become unsustainable by 2015. Healthcare systems that fail to transform will likely require immediate and major forced restructuring. There is a more positive scenario that will require new levels of accountability, tough decisions and hard work.
Healthcare 2015 and U.S. health plans: New roles, new competencies: The U.S. healthcare system is on an unsustainable path. Health plan providers must help shape and lead the healthcare transformation or risk being marginalized.
In the interest of the patient: This paper explores how by collaborating and sharing data, the pharmaceutical and healthcare industries can realize the full value of the information they collect--and improve patient treatments.
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From HealthLeaders Magazine |
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Faith in the Hospital
| In a shifting healthcare world, faith-based systems face a new set of challenges in their quest to stay true to their mission. [Read More] |
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Audio Feature
An Embarrassment of Riches?: Aniruddha Malpani, MD, an IVF specialist in Bombay, says India's booming healthcare industry might become too much like the United States'. [Listen Now] |
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