Research and Markets has introduced a new report, "Global Medical Tourism," focusing on this trend that is expected to have an increasing impact on the healthcare landscape in industrialized and developing countries around the world. The report will look at the international locales that are experiencing a dramatic increase in medical tourism, with particular emphasis on Asia, Eastern Europe, and Latin America.
GE Healthcare has announced three initiatives to deliver healthcare information technology through collaborations with leading medical institutions. The medical institutions involved include Aspetar Hospital, Qatar Foundation, Intermountain Healthcare, Mayo Clinic Rochester, Montefiore Medical Center and the University of California San Francisco Medical Center.
The International Conference on Information Technology: New Generations is scheduled for April 27-29 in Las Vegas. The conference is an annual event focusing on state of the art technologies pertaining to digital information and communications. The conference features keynote speakers, the best student award, poster award, service award and a technical open panel, and workshops/exhibits from industry, government and academia, according to the conference's Web site.
Mark Vachon, president and CEO of GE Healthcare Global Diagnostic Imaging business, has announced that its diagnostic unit will reduce costs and cut jobs. Vachon said he expects sales of big-ticket imaging equipment to be down "in the mid-single digits" percentage points in the United States in 2009, compared to last year. While he declined to provide the reduction size or a time frame, Vachon said that there is "no question that, given this market, we're going to get much tighter on costs."
The Defense Department has started testing an application that allows soldiers, veterans, and their families to manage their personal health records online using programs provided by Google and Microsoft. The department's Military Health System launched the feature, called MiCare, at the Madigan Army Medical Center in Tacoma, WA. Patients there can use either the patient-controlled health records application developed by Google, called Google Health, or Microsoft's health records application, Microsoft HealthVault, MHS representatives said.
President-elect Barack Obama has announced health information technology will be included in an economic recovery plan that is now being worked out with members of Congress. In a radio address, Obama said modernizing U.S. hospitals would be part of a major effort to finance an upgrade of the broadband infrastructure of the United States, which he said has fallen to 15th in the world in its rate of adoption. "We must ensure that our hospitals are connected to each other through the internet," Obama said, an effort he said that "won't just save jobs, it will save lives."
The premise behind personalized medicine seems astonishing and yet simple at the same time: Each of us receives medical treatment tailored to our unique genetic makeup. By using molecular analysis to better manage a patient's disease or predisposition to disease, physicians are able to choose the approach best suited to the patient's genetic profile. The benefits of genetic and molecular medicine are so many, says outgoing Health and Human Services Secretary Michael Leavitt, that personalized healthcare should be an "explicit goal of President-elect Barack Obama's healthcare reform plan."
In the second report from his Initiative on Personalized Health Care, Leavitt says that personalized medicine could be one of the key measures to reduce waste and overuse of prescription drugs and health resources. "We have developed powerful pharmaceuticals, yet most drugs prescribed in the United States today are effective in fewer than 60% of treated patients," he writes, noting that the "trial-and-error" approach remains the most common process for diagnosing and treating patients.
Leavitt also stresses the need for links between information technology and personalized medicine. "The base of interoperable health information technology is critical and remains far from complete. It is not merely a matter of electronic health records, but equally the capacity to exchange information securely," he writes.
Integrated IT systems are absolutely required for successful personalized medicine, says Edward Abrahams, executive director of the Personalized Medicine Coalition. "There has been considerable progress made toward eliminating our current system of trial and error and one-size-fits-all method of practicing medicine. What needs to happen now to facilitate this vision of personalized medicine is to have the infrastructure in place to support this kind of information."
A critical component of that infrastructure will be interoperable electronic health records, says Abrahams. "IT has been slow to develop in the healthcare sector. Right now systems usually are not even connected among providers and labs of one institution, much less different institutions. That has to change for personalized medicine to become routine," he says.
Getting that infrastructure in place has been the goal of Leavitt's initiative since it was launched in 2006. Specifically, the initiative has been preparing electronic health records to accommodate genetic test information. This year, standards were created for exchanging genetic test results and embedding them in EHRs. Those standards are scheduled to be finalized in 2009, clearing the way for those elements to become a standard feature of EHRs.
However, even with those new standards in place, Leavitt says this is the "work of a generation" and that it will likely take as much as 10 years before personalized medicine becomes a standard part of the diagnostic process.
Abrahams agrees, saying that not only will take more work on getting the EHR network in place, but it's going to take more cooperation and communication between government agencies. "Right now they really don't communicate very well, and they have different agendas. The federal government is not coordinated around removing the barriers to personalized medicine," he says.
It's easy to recognize the benefits of being able to diagnose and begin treating a disease before symptoms even appear. But to focus today on personalized medicine ignores more immediate IT needs. With EHR adoption rates still minute, our time and resources would be better spent making that technology available and affordable for all providers, and then focus how best to integrate the patient's genetic information within the EHR.
Kathryn Mackenzie is technology editor of HealthLeaders magazine. She can be reached at kmackenzie@healthleadersmedia.com.
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Sangita Reddy, executive director, Apollo Hospitals Group, talks about Apollo's expansion and ability to provide care to local and international patients.
The whole premise behind promoting medical travel to U.S. consumers and employers is founded on the potential for significant cost savings. Sure, quality, convenience, and service are all factors, but if consumers didn't stand to realize huge cost savings, few would consider it, and reporters, like me, wouldn't cover it.
Yesterday, I facilitated a wide-ranging discussion on the medical travel experience at the Health Care Globalization Summit here in Arlington, VA. One of the difficult issues for those in the medical travel industry is how to get across the real cost savings that they provide.
"For American patients, the vast majority travel outside of the U.S. for one reason and one reason only, and that is to save money," says Michael Horowitz, MD, MBA, president of Medical Insights International.
The problem, when comparing charges for procedures in the U.S. with those provided by global destination hospitals, is that U.S. hospitals typically accept far less than they charge.
The reality is that even providers in the U.S. don't understand what their services truly cost the consumer, so this creates a confounding challenge for global destination hospitals. They could rightly compare charges with U.S. counterparts, but that's somewhat disingenuous considering that no one really pays full price for healthcare in the U.S.
U.S. providers are willing accept lower payment compared to their charges from Medicare, Medicaid, and private payers, and Horowitz points out that U.S. providers will even set conditions to accept lower than charged payment for self-paying patients. He says this price is likely lower than the quoted charge but higher than that paid by third-party payers.
It might not be possible for the global provider or a medical travel facilitator to come up with the real price that a self-paying patient would pay here in the U.S., but Horowitz cautioned against some of the broad cost comparisons he has seen online. The challenge for the medical travel provider is coming up with some realistic estimate and then trying to explain it to the consumer in a way that is honest and shows the potential for cost savings.
Minnesota-based Park Nicollet Health Services and North Memorial Health Care have announced they will cut more than 600 jobs, citing falling business and rising bad debt as more patients lose their health benefits in the bad economy. By the end of the week, St. Louis Park-based Park Nicollet will cut 233 employees, or almost 3% of its workforce, while North Memorial Health Care in Robbinsdale is eliminating 380 jobs, or 7% of its employees. The announcements came two months after market leaders Allina Hospitals and Clinics and Fairview Health Services announced hundreds of layoffs.