The medical community in the Philippines has its eye on making the country another Asian medical tourism destination. There are plenty of good doctors and a plethora of trained nurses in the country. But they are continually leaving for greener pastures in the west. If successful in developing the Philippines as a destination for foreigners […]

Perhaps you recall an earlier post about robotic surgery taking off in which the company named Intuitive Surgical (stock symbol ISRG) was mentioned. Did you buy the stock? Take a look at their chart.

Their stock price has tripled in the last year, most of that coming in the last six months. I wish I had […]

An interesting bit of history of the medical tourism industry by Alfred Anderson
The present phenomenon called “Medical Tourism” was conceptualized more than a thousand years back when the Greek pilgrims traveled to the sanctuary of healing god Asklepios at Epidauria to seek medical treatments. Over a period of time Epidauria became a destination for medical […]

The InsureBlog has an interesting comment about two factors driving UK residents to flee their National Healthcare System in favor of treatment abroad.
“But for our cousins across The Pond, it’s quite obviously not about price (after all, it’s “free”), but the very real lack of care, both in quantity (waiting lists) and quality (lack of […]

Microsoft announced it will buy Bangkok based Global Care Solutions (GCS), a health care IT solutions company. GCS’s integrated suite of applications for running hospital clinical and administrative operations was developed in collaboration with Bumrungrad International Hospital, a landmark in Asian medical tourism. Bumrungrad has captured quite a bit of attention worldwide for being one […]

Kasikorn Research Centre regularly publishes studies of different industries within Thailand and makes recommendations for business development in those segments. They recently released a study on private hospitals in Thailand. The numbers are interesting.
Thailand has 344 hospitals with 35,086 beds. There are 102 private hospitals with 15,000 beds in Bangkok. That’s 43% of the entire […]