Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith...

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Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director

Transcript of Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith...

Page 1: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Health Tourism

Golden Goose or Lame Duck?

Keith Pollard, Managing Director

Page 2: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Golden goose?

• “One million medical tourists flocking to India”

• “Bumrungrad attracts more than 400,000 foreign patients each year”

• “Philippines is set to cash in on the $3-trillion global medical tourism market”

Page 3: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

There’s gold in them there hills!

• “50 million Americans with no

health insurance”

• “6 million Americans seeking

care abroad”

• “35% growth in medical

tourism each year”

• “23 million Americans will

travel overseas for treatment

by 2017”

Page 4: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

The medical tourism gold rush

UK

USAGermany

Come to.......

South Africa

Jordan

IsraelGuatemala

Costa Rica

Lithuania

S Korea

Mauritius

ThailandIndia

Hungary

Spain

Brazil

Poland

Turkey

Page 5: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

The reality

Source: International Passenger Survey

Page 6: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

UK patients going abroad

Source: Treatment Abroad

Medical Tourism Survey 2012

Page 7: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

UK patients going abroad

Source: Treatment Abroad

Medical Tourism Survey 2012

Page 8: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Is the NHS the “Golden Goose”

NHS operations and

waiting time:

December 2011

Page 9: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Lame ducks

Lame ducks (and

people!).......

• Don’t like travelling

• Want healthcare on

their doorstep

Page 10: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Where are the golden geese?

Page 11: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

The other side of the picture

Page 12: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Golden geese

Cleveland Clinic, USA

Cromwell Hospital,

London

Klinikum Stuttgart

Page 13: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Lame ducks....Dubai

70 per cent of UAE residents

would seek medical treatment

overseas

Page 14: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Lame ducks.... Las Vegas

“Where do you go for great

health care in Las Vegas?”

“The airport…...”

Page 15: Health Tourism Golden Goose or Lame Duck?€¦ · Health Tourism Golden Goose or Lame Duck? Keith Pollard, Managing Director. ... • “Philippines is set to cash in on the $3-trillion

Barriers to overcome

Patient awareness

The fear factor

Joined up healthcare

Protectionism

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EU Directive