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Have you ever heard of Medical Tourism? Many countries are putting a lot of money into this industry in order to draw people to travel to their country for care. Turkey and India are putting so much money into this concept they have discounts on Airlines for Medical Tourism and concierge businesses right in their airports to assist Medical Tourists. Medical tourism is not just about people traveling to other countries, they travel within the US as well.
Here is an interesting website that will give you an overview of the countries and types of health care people will seek out Medical Tourism.
Learn More:
https://www.patientsbeyondborders.com/medical-tourism-statistics-facts
What do you think of this new industry as a Health Care Delivery system? What type of competitive environment would a US health care provider have to consider when entering this market?
Swayne, L. E., Duncan, W. J., &Ginter, P. M. (2013). Strategic management of health care organizations (7th ed.). Hoboken, NJ: Wiley.
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