Medical Tourism and Globalization call for a celebration

Harvard Business School does a case study on Apollo Group and rise of medical tourism. India lobbies with Britain to move EU to amend some of the ‘archaic’ healthcare outsourcing laws. India plans to recognize foreign medical degrees and US gives recognition to undergraduate medical courses in India for an initial period of two years.

- Chillibreeze Business Research Team

The Rise of Medical tourism

A recent Harvard Business School case study "Apollo Hospitals—First-World Health Care at Emerging-Market Prices" explores how Dr. Prathap C. Reddy, a cardiologist, opened India's first for-profit hospital in Chennai in 1983, which has now expanded into a network of more than 30 hospitals, treating Indian and foreign patients.

Tarun Khanna, a Harvard Business School professor specializing in global strategy, coauthored the case with Professor Felix Oberholzer-Gee and Carin-Isabel Knoop, Executive Director of the HBS Global Research Group.
The HBS Working Knowldege interview with Tarun Khanna is available: http://hbswk.hbs.edu/item/5814.html

December 17, 2007
Source: Harvard Business School Working Knowledge

Top 20 in Delhi-NCR

The top 20 private healthcare groups in the national capital region are:
Fortis Healthcare Limited
Max Healthcare
Sir Gangaram Hospital
Indraprastha Apollo Hospital
Metro Group Of Hospitals
Indian Spinal Injuries Centre
Rockland Hospital
Moolchand Medcity
Batra Hospital and Medical Research Centre
National Heart Institute
Dharamshila Hospital & Research Centre
Paras Hospitals
Kailash Group of Hospitals
Delhi Heart and Lung Institute
Artemis Health Institute
Pushpawati Singhania Research Institute
GM Modi Hospital
VIMHANS
Rajeev Gandhi Cancer Institute
RG Stone Urological Research Institute

December 2007
Source: Indian Express

Look out for our Medical Tourism Handbook on services and service providers in India.

- Chillibreeze Business Research Team

UK woman gets extreme makeover in Punjab hospital, A new trend in medical tourism in India

A 56 year old British woman recently underwent cosmetic surgery at the Fortis Hospital in Mohali.

She underwent two surgeries within a fortnight. She was operated upon for Abdominoplasty (Tummy Tuck) with belly button reshaping and Thigh Lift procedure on both sides and face lift and neck lift procedure.

The surgeries cost her Rs 3.6 lakhs as compared to UK costs of about Rs 14 lakhs.The travel arrangements were made by Surgery Worldwide-Sahara Global

December 16, 2007
Source: Punjabnewsline.com

Centre plans to recognize foreign medical degrees

The government has proposed to recognize medical degrees from countries like the UK, the US, Canada, Australia and New Zealand to enable return of Indian doctors settled abroad.

Health Ministry officials believe the move will benefit Indian doctors due t booming health tourism.

December 15, 2007
Source: Indian Express

Britain to move EU over India's medical outsourcing call

Britain has agreed to take up with its European partners India's strong and persistent objections to a rule that discourages healthcare outsourcing to India

Current European Union regulations limit referrals to hospitals within three hours of flying time - in other words, a doctor referring a European patient to a hospital for subsidized treatment has to make sure that it is located within three hours of flying time. Any destination beyond three hours means the patient will have to pay for the treatment.

Indian Commerce and Industry Minister Kamal Nath has urged the EU to amend the law.

December 14, 2007
Source: Indo Asian News Service

India's medical education now at par with US

The United States has said that India's recognition system for under-graduate medical courses is at par with theirs. National Committee on Accreditation in the US, the apex body responsible for foreign accreditation, has granted parity to the recognition system in India for the courses for two years.

The parity does not give automatic passage to the US or any other country. The parity status was given on six parameters -- curriculum, teaching, method of evaluation, extension, research and impact of education processes.
At present, there is no accreditation system in India. The Medical Council of India has only laid down certain procedure for recognition of the courses.

December 13, 2007
Source: PTI

Punjab to rope private fund in healthcare sector

Punjab government intends to open the doors further for private investment in healthcare by allowing private sector to set up super specialty centers at existing civil hospitals at Mohali and Bathinda.

Meanwhile, 12 leading healthcare companies including Fortis, MM Institute and Apollo Group have participated in pre-qualification bid for the Punjab Institute of Medical Sciences, Jalandhar

December 12, 2007
Source: Indian Express

Medical Tourism: The lucrative prescription for India

India’s medical tourism is witnessing a boom. A few years ago, the medical traveler was usually from the SAARC nations but now increasing number of patients are traveling from Europe and countries like US for high quality and affordable healthcare.

The government has realized the potential of medical tourism and has recently announced an investment of Rs 6.5 billion for the industry. Insurance companies are evaluating tie ups with Indian corporate hospitals.

December 10, 2007
Source: Travel Biz Monitor