news about medical tourism and patients travelling to foreign countries for medical treatment

Medical Tourism

news about medical tourism and patients travelling to foreign countries for medical treatment

Saturday, July 29, 2006

Companies To Market Medical Tourism Services to U.S. Employers


Companies To Market Medical Tourism Services to U.S. Employers

Several small companies that arrange "medical tourism" -- in which participants travel abroad to purchase lower-cost health care services -- plan to market services to U.S. employers, USA Today reports. For example, MedRetreat, which arranges medical tourism, next year plans to launch a division to market services to employers. Rajesh Rao -- CEO of IndUShealth, which also arranges medical tourism -- said, "Companies have reached that point of being pinned to the wall faster than we thought." In addition to companies that arrange medical tourism, Health Net offers health plans to individuals and employers in California that allow members to receive most of their health care in Mexico, as well as some care in Southern California; Blue Shield of California offers similar plans, although only to individuals. In Florida, United Group Programs, which offers administrative services to self-insured employers, has begun to promote surgeries at a Thailand hospital, and West Virginia Del. Ray Canterbury (R) earlier this year introduced a bill that would allow state employees to fly first class to hospitals abroad with a family member or friend, recover in a four-star hotel and receive additional sick days and bonuses. According to USA Today, few employers "have signed onto the idea of medical tourism yet, some benefit consultants think the trend will soon take off." Arnold Milstein, chief physician at Mercer Health & Benefits, said, "This is going to spread much more widely." However, Mike Taylor, a principal at Towers Perrin, said, "Employers will be very cautious about this" because of regulatory, safety and liability concerns, adding, "Smaller employers will try it. The big employers will wait" (Appleby/Schmit, USA Today, 7/27)

Friday, July 28, 2006

Opportunities in Indian Healthcare Sector - Market Research Reports


Opportunities in Indian Healthcare Sector - Market Research Reports

RNCOS' "Opportunities in Indian Healthcare Sector", report provides extensive research and objective analysis on the Healthcare Sector in India. This report has been written to help clients in analyzing the opportunities critical to the growth of healthcare market in India. Detailed data and analysis will help the investors to comprehend the changing dynamics of the Healthcare industry.

Key Findings

- With global revenues of an estimated $2.8 trillion, the healthcare industry is the world's

largest ndustry. India's high population makes it an important player in this industry.

According to the

Insurance Regulatory and Development Authority, the Indian healthcare industry has the

potential to show the same exponential growth that the software and Healthcare industries

have shown in the past decade
- In India, 80% of all the healthcare expenditure is borne by the patients. Expenditure borne by

the state is 12%. The expenditure covered by insurance claims is 3%. As a result the price

sensitivity is quite high. The high level healthcare facilities are out of reach of the patients.
- Among the top five therapeutic segments, gastro-intestinal and cardiac are experiencing both

high volume and value growth. Opthologicals, cardiovascular, anti-diabetic and neurological

drugs continue to top the growth list. The anti-infective, neurology, cardiovascular and

anti-diabetic segments have witnessed a high number of new product launches in recent

years.


Key Issues and Facts Analyzed

The research report also addresses the issues and facts that are critical to your success:

- What are the emerging trends in the Healthcare sector in India?
- What are the key regulations and the policy environment in the industry?
- What is the future scenario of the Healthcare market in India?
- Who are the Key players in the Healthcare Market in India?
- What opportunities exist for the Healthcare market?
- What Challenges are faced by the industry?
- How the market is affected by other factors prevailing in the economy?

Key Players Analyzed

This section provides the overview, key facts financial information future plans and business strategies of prominent players in the Indian Healthcare market like Wockhardt Hospitals Ltd, Apollo Hospitals Enterprise Ltd, Fortis Healthcare Ltd, Max India Ltd and SRL Ranbaxy.

Research Methodology

Information Sources
Books, Newspapers, Trade Journals, and White papers, Industry portals, Government Agencies, Trade associations. Monitoring Industry News and developments, Access to more than 3000 paid databases.

Analysis Method
Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.