Category Archives: Reports,Features, Statistics

What medical tourism could mean for Pensacola

StethCT04mar2015

People already come to Pensacola for our sugar-white beaches and our rich cultural history.

Might we also be able to lure them here with our health care?

Proposed legislation that would earmark millions of dollars to market Florida as a “medical tourism” destination is getting strong support from local health care providers.

Earlier this week, companion bills were filed in both the House and Senate that would set aside $3.5 million a year to promote the Sunshine State’s hospitals as a “destination for quality health care services.”

The legislation would expand an existing grants program set up in 2014 by the Legislature under Visit Florida — the state’s lead tourism agency — to promote medical tourism.

If signed into law, the legislation would allocate funds annually to Enterprise Florida, the state’s lead economic development agency, which would decide how and where to spend the marketing dollars.

The Florida Legislature’s 60-day regular 2015 session begins March 3.

Under both bills the marketing effort would focus on highlighting nationally, and perhaps internationally, the expertise of Florida health-care providers, while promoting medical-related conferences or business opportunities in Florida.

“We do support these bills and are thankful that state leaders are proposing legislation… that would provide greater access for patients from outside our community,” said Baptist spokesman Brett Aldridge.

The Andrews Institute for Orthopaedics and Sport Medicine in Gulf Breeze is but one high-profile medical facility in the Pensacola area that could benefit from such a campaign. It draws athletes and others based on the reputation of Dr. James Andrews, its founder.

Sacred Heart CEO Susan Davis said Pensacola area health care providers already are a destination for people from across Northwest Florida and South Alabama.

But a broader marketing campaign promoting the Pensacola area would be welcomed, she said.

“This community is fortunate to have excellent hospitals and physicians, many of whom offer specialized medical expertise and surgical skills that rival anything in the country,” Davis said.

“The hospitals in the State of Florida provide exceptional care. In addition, they are major employers that tend to be economic engines in their communities,” she said. “That certainly is true in Pensacola.”

Aldridge said he believes local lawmakers — including Sens. Don Gaetz and Greg Evers, and State Reps. Doug Broxson, Clay Ingram, Mike Hill and Matt Gaetz — will support the proposed legislation.

“We are confident our local delegation will see the mutual benefit to our community and their constituents with this proposal,” he said. “Our local delegation previously illustrated their confidence in these types of programs through their support of the Eagle Fund. ”

The Eagle Fund is a state grants program for health care providers that is designed to help wounded veterans.

The News Service of Florida contributed to this report.

source: http://www.pensacolatoday.com / Pensacola Today / Home> News> Medical Tourism / by Carlton Proctor / February 26th, 2015

KSA, Zambia begin talks today

The Zambia-Saudi Joint Permanent Commission (JPC) will commence its forthcoming talks with a five-day meeting beginning on Sunday to explore ways and means to increase collaboration in various fields between the two countries.
“The meeting is very important. Both the Zambian and Saudi delegates want a win-win situation in the wake of the JPC meeting,” Zambian Ambassador Ibrahim Mumba said in an exclusive interview on Thursday.

Zambia stands to benefit from Saudi assistance and the Kingdom could potentially benefit from Zambia’s 14.5 million people as a new market for its products, such as petrochemicals and other investments.

Mumba said, “We drew up a Zambian plan to be presented during the meeting. It covers cooperation on health, tourism, investment, science and technology and tourism, among other aspects.”

As far as energy is concerned, Zambia benefits from the low prices in the world market, he said. “This is very important for development. It has a chain effect. With the low cost of energy comes cheaper investment prices for us, as well as cheaper labor costs.” On health, Mumba said Zambia wanted to establish more medical facilities and clinics throughout the country.

“The government wants to reach out to the furthest areas and deliver health care to our people. In this regard, we need assistance from the Kingdom and this could be made possible through the JPC,” he said.

Regarding youth development, he said Zambia has a development program but this “need(s) assistance, especially in terms of assisting your people to begin business ventures that could propel them and their communities economically. We have a ministry that takes care of youth development but we need further financial assistance for them in order to harness their full potential.”

On the tourism front, Zambia needs help to properly market its wide and varied tourism resources to attract both local and foreign visitors.

“What we need is a mechanism to promote tourism both ways in both countries, and in this way we’re looking forward to the positive outcome that could come from theJPC meeting,” Mumba said.

He suggested that one way to do this would be for Saudi Airlines to have a stopover in Lusaka on its way to South Africa from Jeddah, and vice versa.
“In this case, it would be easier for Zambians to visit Saudi Arabia for its tourist attractions as well as for those coming both for Haj and umrah and Haj,” he said. He noted that at present, visitors from the Kingdom go first to Dubai or Addis Ababa in Ethiopia, before taking their flight to Lusaka.

“The JPC committee is very important indeed. There’s much at stake and we’re looking forward to a favorable outcome,” Mumba concluded. The 24-member Zambian delegation to the JPC inaugural session will be headed by George K. Zulu, Foreign Affairs permanent secretary. Other members include members of the trade, energy, and economics departments.

source: http://www.arabnews.com / Arab News / Home / by Rodolfo C. Estimo Jr. , Riyadh / Sunday – March 01st, 2015

The Future of Thailand’s Healthcare Industry in Tier two Cities

The Future of Thailand’s Healthcare Industry in Tier two Cities

Solidiance has just recently published a new white paper titled “Future of Thailand’s Healthcare Industry in Tier 2 Cities”, highlighting key findings like Thailand’s aging society, medical tourism and AEC, driving healthcare investment in the future.

Here are the key highlights of Solidiance findings :

  1. Thailand will be an aged society by 2020 (30% of total population by 2050), to be driving the demand for healthcare services with treatment & chronic diseases as primary focus.
  2. Thailand is aimed to be a Medical Hub, and Bangkok no longer equates to the sole Thai healthcare market.
  3. Tier Two cities in Thailand (e.g. Hat Yai, Udon Thani, Nakhon Ratchasima, etc) have become more urbanized (along with rise of household income) and grown more accustomed to better living standards.
  4. Medical tourism is expected to be one of the main drivers for private hospital investment in the future.
  5. AEC 2015 to further boost urbanization, and healthcare demands accordingly.

Please find the summary below for your quick reference, and download the full version through the link at the bottom of this article.

Thailand is one of the Southeast Asian countries with the most advanced economic development and healthcare infrastructure. Bangkok no longer equates to the sole Thai healthcare market. Tier Two cities in Thailand like Hat Yai, Udon Thani, Nakhon Ratchasima, Chiang Mai, Khon Kaen, are increasingly expanding with the growth of private and public sectors

As these cities have been urbanized, their population has grown more affluent and accustomed to better living standards.

Healthcare services are among the many services that those in these cities with better income and education are now willing to pay for.

Given the rapid change of this market, it is crucial for healthcare companies to better understand healthcare business opportunities in the tier two Thailand cities.

Thailand healthcare overview

Healthcare expenditure in Thailand is still very low in comparison to Organization for Economic Cooperation and Development (OECD) countries and China; but slightly higher than its peers in AEC.

The government has been increasing their healthcare spending to strengthen the universal coverage scheme for the past 10 years.

Total government budget for the scheme increased from THB 51 billion in 2002 (USD 1.6 bn), THB 91 billion in 2007 (USD 2.9 bn) and up to THB 106 billion in 2009 (USD 3.4 bn).

While Thailand is among other AEC nations whose numbers of hospital beds stand is lower than global median, the country’s number of hospital beds is significantly higher than AEC median.

Despite having relatively advanced economies in comparison to other AEC nations, Thailand’s number of doctors per 10,000 population is below average, hampering the growth of its healthcare industry.

The complete version of this white paper further outlines the drivers and challenges in the healthcare sector in Thailand’s Tier 2 Cities along with the future opportunities within the industry.

download the full version

About Solidiance
We are a leading Asia-centric B2B growth strategy advisory firm with full fledged presence in China – India – Indonesia – Malaysia – Myanmar – Philippines – Singapore – Thailand – UAE – Vietnam. Our core forte is to help multinational corporations to accelerate their growth in the healthcare sector in Asia.

www.solidiance.com

source: http://www.thailand-businessnews.com / Thailand Business News / Home> Health> Business, Money & Finance / Monday – February 16th, 2015

What S’pore can do to attract Chinese tourists

At the China International Tourism Mart held in November in Shanghai, I saw the hunger among many countries competing for Chinese visitors. The global landscape has changed.

In 1990, Singapore, Thailand and Malaysia became the pioneer batch of nations granted the Approved Destination Status. Today, at least 116 have been granted this status, vying for a share of China’s outbound tourism.

Singapore received 1.72 million Chinese tourists last year, faring worse than our close rivals (“For first time in 6 years, number of visitors drops”; Feb 12). For example, South Korea received only 470,000 Chinese tourists in 2004 but six million last year, thanks to its coordinated strategies such as visa facilitation, medical tourism and K-pop branding.

With the increasing competition the Republic faces, the entire tourism industry should come together under the Singapore Tourism Board’s leadership to identify a strategic positioning of Singapore tourism.

Firstly, the Chinese are now free to travel widely. Only through distinctive brand positioning and unique destination appeal can Singapore sustain interest among Chinese tourists. Are we as uniquely Singapore as before in the eyes of tourists?

Secondly, since Singapore pioneered visa facilitation, giving Chinese tourists easier entry via innovative schemes, not much progress has been made in the past decade, while many others are catching up fast with visa waiver or visa on arrival.

Even the United States and Japan have announced plans to relax visa requirements for Chinese visitors.

With China’s outbound numbers soaring from 29 million in 2004 to 109 million last year, with a record S$223 billion spent overseas, Singapore should review visa facilitation to boost arrivals. To reciprocate Singaporeans’ 15-day visa-free travel to China would be a nice gesture in time for the 25th anniversary of diplomatic ties with China.

Thirdly, Chinese tourists are more discerning and demanding. Generic attractions such as aquariums are aplenty in China and elsewhere.

Singapore, which is facing structural challenges in tourism offerings, must regain its capability to develop innovative concepts such as the world’s first Night Safari and Formula One night race.

Strong government support and larger ownership are needed to view the industry as an important economic pillar, to deal with issues in long-term planning, manpower and funding.

Last year, China announced the ambitious US$40 billion (S$54 billion) Silk Road framework, including the development of a Maritime Silk Road covering South-east Asia and West Asia.

As an important sea hub, Singapore can lead in conceptualising regional tourism with ideas such as a visa-free zone and regional cruises, leveraging this theme with China’s backing.

Finally, a stronger currency and higher cost of living weaken Singapore’s competitiveness against rivals offering a quality experience. We must develop experiential and trusted tourism to counter the cost disadvantage.

There are still many discerning tourists willing to spend on a unique experience with peace of mind.

source: http://www.todayonline.com / ToDay / Home> Voices / by Edmund Chua Eng Heng / February 16th, 2015

Korean gov’t to enhance foreign patient protection

medicalsafetyCT26feb2015

South Korea’s Ministry of Health and Welfare recently announced measures to crack down on illegal brokers and to enhance medical safety for foreigners seeking cosmetic plastic surgery in the country.

The Ministry said in a report in its website that the measures were drafted after a discussion of relevant ministries at the ‘Committee on Medical Export Promotion and Medical Tourist Attraction’ in response to rising concerns about foreign patient protection.

Since 2009 when Korea began to attract medical tourists in earnest, the number of medical tourists visiting Korea grew at an annual rate of 36.9 percent, and in particular, the number of foreigners seeking plastic and cosmetic surgery has increased significantly (at 53.5 percent per annum).

“Anyone who intends to solicit foreign patients need to be registered with the Ministry of Health and Welfare in pursuant to Article 27.2 of the Medical Act,” the report said.

The ‘Measures to Regulate Cosmetic and Plastic Surgery Market Targeting Medical Tourists,’ announced on 12 February, aim to ensure Korean cosmetic and plastic surgery industry remain trustworthy.

The program will have three components: stronger crack down on illegal brokers while promoting authorized medical intermediaries; building a medical information system easily accessible by patients seeking information on medical fee and clinic information; and stronger foreign patient protection and enhanced dispute resolution mechanism.

“The government will enhance the confidence and transparency of plastic surgery market to attract as much as 500 thousand foreign patients by 2017,” it said.

Moreover, the Ministry said it will do its best to ensure that the bill on ‘International Medical Project Support Act’ pending at the National Assembly be passed as early as possible as the Act needs to be legislated to provide the legal framework for the implementation of the measures.

source: http://www.enterpriseinnovation.net / Enterprise Innovation / Home> Finance Innovation> Verticals> Health / by Healthcare Innovation Editor / February 25th, 2015