Category Archives: Medical Tourism/Health Tourism

Croatia’s health tourism potential unquestionable

CroatiaCT16mar2013

Croatia’s health tourism potential is not questionable and it has a series of comparative advantages like its preserved natural resources, available professionals and competitive prices. However, to enhance this branch of tourism it is vital to reconstruct the existing capacities or build new ones, promote health-tourism services and specialised destinations and to continue educating personnel, a conference on health tourism organised by the Croatian Chamber of Commerce (HGK) and a hospitality and tourism professional journal was told on Thursday.

Neda Telisman Kosuta of the Tourism Institute said that our health tourism potential is unquestionable but that it was exposed to huge competition from neighbouring countries like Austria, Slovenia and Hungary as forerunners in this field.

She pointed out that health tourism could contribute to extending the season as it was a product that could be sold throughout the year, and central Croatia and the northern Adriatic region of Kvarner were ideal for branding in this field.

Director of the Tourism Sector of the HGK Leila Kresic Juric said that Croatia possessed exceptional but insufficient health resort resources. She noted the example of Slovenia with its 15 thermal springs which makes EUR 200 million revenue from 3 million bed nights whereas Croatia only makes EUR 600,000 in health tourism from its total tourism revenue of around EUR 7 billion.

However, Kresic Juric underscored that most of our health resorts required significant investments which will be available through EU funds. (Hina)

source: http://www.dalje.com / English edition / Home> Croatia> Current Events / March 14th, 2013

Medical tourism key to KPJ healthcare’s growth

Kuala Lumpur :

In the face of rising competition in the healthcare business, the lucrative medical tourism industry, could be key to the sustainable long-term growth of KPJ Healthcare Bhd, says RHB Research.

The research unit of RHB Capital said KPJ Healthcare had set an internal target of growing its medical tourism business to a targeted revenue contribution of 25 per cent by 2020.

“In order to grow the medical tourism business further, KPJ Healthcare intends to focus on transforming three of its existing hospitals into reference centers for oncology treatment.

“These hospitals would be upgraded to include new facilities in oncology and radiotherapy treatment, while an additional nuclear medicine facility would be introduced at the KPJ Johor Specialist hospital in this quarter,” it said in a research note today.

Meanwhile, it said the construction of a new flagship 390-bed hospital in Bandar Dato’ Onn is slated to begin in early-2014, in order to meet the targeted opening by end-2014.

Upon completion, it said the hospital will house six Centres of Excellences in the field of oncology, women and child, cosmetics and reconstruction, orthopedic, cardiology and geriatrics.

“Services would be priced competitively to tap into the more price-sensitive foreign community from Singapore,” it added.

Moving forward, RHB Research expects KPJ Healthcare to deliver a stronger performance this year, boosted by additional beds arising from the scheduled opening of two new hospitals, as well as the new Sabah Medical Centre.

The research unit said KPJ had reaffirmed expansion plans to open at least two new hospitals every year to maintain its dominance in the local healthcare sector.

RHB has maintained a “buy” call on the stock with an unchanged fair value of RM6.45.
Story first published on: March 08, 2013 15:39 (MYT)

source: http://www.english.astroawani.com / Home> Business / Bernama / March 08th, 2013

Gallery

ITB Berlin 2013: Nigeria partners Medical Tourism Association

This gallery contains 2 photos.

TO stem the tide of increasing number of Nigerian seeking medical treatment abroad and capital flight, the Nigerian Tourism Development Corporation (NTDC) is to enter into partnership with the Medical Tourism Association (MTA), The MTA, an American-based non-profit organisation, has expressed … Continue reading →

Thailand: Medical hub for Nepalis

NepalCT13mar2013

Bangkok :

The number of Nepali medical tourists visiting Thailand has increased in recent days. The first class hospitals, high class medical technology, top-class physicians and significantly lower treatment costs have attracted many Nepali medical tourists.

Thailand has also developed itself as the most important and popular medical hub in Asia and worldwide. Thai medical services are renowned worldwide, resulting in a rapid growth in related industries such as spa, Thai massage, Thai herbs, serviced apartments and health tourism.

Some of the renowned people who took advantage of the Thailand medical facilities are former queen Komal, Sita Dahal (wife of Pushpa Kamal Dahal —president of CPN-Maoist) among others. It is also a well-known fact that when former late prime minister Girija Prasad Koirala needed medical care in 2006, he chose to travel to Bangkok’s Bumrungrad Hospital for treatment. At present, former crown prince Paras is also undergoing treatment at Samitivej Hospital.

Western accreditation is also a vital component for confidence in undergoing foreign medical treatments and Bangkok’s Bumrungrad and Samitivej hospitals were among Southeast Asia’s first recipients of the United States’ prestigious Joint Commission International (JCI) certification.

According to the Tourism Authority of Thailand (TAT), 25,728 Nepalis have visited the country in the year 2011. The Thai Embassy Nepal said that they do not have record regarding the medical patients but a significant number visit for medical treatment.

Bumrungrad International Hospital is the main medical tourism hospital in Thailand and one of the biggest in the world. The hospital is state-of-the-art, equipped with top-of-the-line technology and has well-trained staff. Annually, Bumrungrad serves more than 420,000 international patients from over 190 countries.

Kenneth Mays, Hospital Market Director at Bumrungrad Hospital, said that the hospital records around 2,000 Nepali patients annually especially for treating cardiovascular disease, cancer, digestive cancer, neurology and plastic surgery among others.

The cost of medical treatments in Thailand is significantly lower compared to identical treatment in the West and other developed parts of the world. So, many medical tourists from developing countries can also afford it, said the market director.

Bumrungrad is the first Asian hospital accredited by the US-based Joint Commission International in 2002, and 15 hospitals are now accredited in Thailand.

“Thailand’s high standards and healthcare expertise make it a world leader in medical tourism,” said Mays. He said Thailand’s medical professionals are highly qualified. The physicians, surgeons and nurses have been trained to the highest levels, while many specialists have been conducting research and gaining experience at the world’s best medical institutes.

According to TAT, 1.4 million international patients have received medical treatment in Thailand and the number is increasing annually. Statistics show that medical tourism has been a growing segment of Thailand’s tourism and health-care sectors in the past years.

Medical tourism in Thailand is growing at a yearly rate of 16 per cent, while in financial terms the foreign medical services sector is expected to make a whopping 100 billion baht by 2015. Currently, medical tourism makes up 0.4 per cent of the GDP, while tourism overall accounts for six to seven per cent, the third most important economic driver in Thailand.

TAT began promoting medical tourism in 2004, has a detailed medical tourism website that highlights many of the most popular treatments available, including dental work, dermatology and cosmetic surgery, as well as listing reputed hospitals, making it easy for potential visitors to decide on a procedure.

source: http://www.thehimalayantimes.com / Home> Top Stories / by Laxmi Maharjan / March 11th, 2013

Medical Tourism, A New Way of Vacationing

CT11mar2013

(Photo : Flickr/ Vox Efx) Tourists are turning their vacations into medical trips, seeking cheaper treatment options in other countries.

Going sightseeing and hitting the local tourist attractions may not be the only things on a tourist’s list in today’s world. Research shows that more and more European tourists are seeking medical care during their vacation stays at other countries. This new trend, coined medical tourism started when the number of people seeking out cheaper medical treatments outside of their own countries increased. Since travelling to another country just for treatment might not be worth it since travel costs will add up, people are turning their trips into an outing.

According to Professor Helmut Wachowiak from the International University of Applied Sciences at Ban Honnef, Germany, the global market for medical tourism has grown to $40-$60 billion. He believes that the number will continue to rise about 20 percent a year.

“The medical tourism market is still very much passing by traditional tourism, though it is increasingly recognized as an opportunity for the travel industry,” he stated.

Tourism agencies used the enticing idea of cheaper medical operations in marketing for more tourists, and it has been highly successful. Furthermore, these agencies realize that people not only seek cheaper medical care, they also want faster care and even medical treatments that may not be offered in their own countries due to laws or technologies. Based from this information, the agencies use the Internet to spread awareness of medical deals in nearby nations. Medical companies also refer patients to international clinics and medical centers. For example, the Medical Tourist Company based in Britain recommends roughly 100 patients per year to hospitals in India. Some of the treatments most highly referred involved cardiac surgery, knee and hip surgeries, dental work, and in-vitro fertilization.

Aside from these convincing factors, many immigrants also like to return to their home country for medical services, which does add more value to the medical tourism market.

“People will want to take the opportunity to seek treatment in places where it might be cheaper and where they have relatives who might be able to look after them. I’m seeing that especially with the younger people from eastern Europe,” Professor of Ophthalmology at the University of Oxford, Robert MacLaren said.

Currently, one of the largest medical tourism countries is Germany, which recorded roughly 77,000 foreign patients totaling 930 million euros in 2010. Helios, a hospital operator assists potential patients with visas, hotels, and tour spots. With this growing trend, it is clear that patients seem to like the idea of medical tourism, but it is always important to remember to focus on the quality of care and not on other factors, like money and tourism.

source: http://www.counselheal.com / Counsel & Heal / by Cheri Cheng / March 07th, 2013