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3 Reasons Why Medical Tourism Is the Future of Healthcare
Posted by skymedicus STAFF on 7/26/2017 12:20 PM | Last Modified: September 26, 2017
Across the country, an estimated 750,000 Americans take advantage of medical tourism each year (source: Centers for Disease Control and Prevention). What’s more, these massive numbers are on the rise. Forbes contributor Russ Allan Prince reports that in 2015 medical tourism generated between $60 and $75 billion, and he suggests that number could double in the next five years.
Clearly, medical tourism is a big part of the current healthcare landscape, and it’s on pace to define the future, too. Below, we highlight the 3 key reasons why:
1. Dramatic Cost Savings
Medical costs in the U.S. continue climbing at an alarming pace – with CNBC.com reporting that by 2024 the government will spend $1 of every $5 in revenue on healthcare, which will invariably translate into much higher out-of-pocket costs for patients. However, the costs of medical treatment abroad are surprisingly and in some cases staggeringly affordable – so much so, that U.S. hospitals are being warned about losing patients to overseas competitors. As noted by David Ellis on the American Hospital Association’s Hospitals & Health Network blog:
"Given that the cost of care in countries outside the United States is increasingly more affordable and accessible than it is here, and that the quality and technology gap has all but closed (at least with respect to prominent providers in India, Taiwan, Turkey, Brazil, Singapore and other countries that have made medical tourism a national priority), U.S. hospitals may lose not only international patients, but also their “home” patients."
2. High Standards of Care
The perception that care outside of the U.S. is automatically inferior is simply a myth. Quality standards vary in all countries – including the U.S. And any belief to the contrary disappears in light of the cold hard fact that, as reported by the Washington Post, preventable medical errors are the third leading cause of death in the country behind only heart disease and cancer.
The truth is that healthcare quality and patient care standards in many facilities abroad are equal to, or in many cases superior to those in top-rated U.S. hospitals, clinics and other healthcare facilities. In fact, many surgeons and doctors abroad trained in the U.S., and some affiliated with U.S.-based medical associations.
3. It’s Easier than You Think!
Many people are eager to take advantage of medical tourism – so they can save thousands of dollars, avoid waiting lists, and enjoy a free “mini-holiday” – but are reluctant to move ahead because they’re not sure of where to start. After all, there are a number of details, including how you’ll get around, where you’ll stay, how you’ll pay your bill and in what currency, and so on.
The good news is that at SkyMedicus, we specialize in making your medical tourism experience simple, stress-free and successful. We take care of all of the logistics, and support you with 24/7 concierge care in case you need our help, simply have a question, or want to make a change to your plans – such as extending your stay because you’re having such a good time!
To learn more, contact us today. Your consultation with us is free, and we NEVER charge you anything unless and until you choose to book your medical tourism trip with us.
For more information about medical tourism and factors you should consider to ensure a successful and safe experience, download our FREE eBook:
Topics: Medical Tourism