Medical Tourism Index

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description

he Medical Tourism Index (MTI) is a global metric and a new type of country-based performance measure of the attractiveness of a country as a medical tourist destination

Transcript of Medical Tourism Index

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Medical Tourism Index (MTI)

Renee‐Marie Stephano, JD.President MTA 

Marc Fetscherin, Ph.D.Associate Professor of Marketing & Cornell Distinguished Faculty

Rollins College, USA

In collaborationwithInternational Healthcare Research Center

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Agenda

– Background

– MTI

– Results

– Q&A

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• Travelling overseas not new• Few years ago, only few hospitals and country “branding’ themselves• Today, global industry estimated around $100bn• Despite the size and growth of the medical tourism industry and 

increasing number of hospitals and places promoting/branding as a medical tourism destination….

• …lack of data, unavailability of valid and reliable measurement

Background

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• Multi‐year development• Multi‐stakeholder involvement• Multi‐dimensional construct• Followed a rigorous 8‐steps theoretical, methodological, and 

statistical index construction procedure1. Specify the domain of the construct2. Generate a sample of items3. Collect initial data4. Purify the measure and assess reliability and validity5. Collect new data6. Assess reliability7. Assess construct validity8. Predictive validity 

Approach

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MTI Highlights

4 empirical studies2 years

5,000 respondents to developRanking based on U.S. Representative Sample

34 measurement items

1 MTI

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MTI based on 34 measurement items

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Sample Measurement ItemsCorruptionEconomy

Cultural similarityWeather conditions

Popularity of tourist destinationHealthcare costsTravel costs

Doctor’s trainingHealthcare quality indicators

Quality of treatmentMedical EquipmentReputation hospital

AccreditationCertification of doctors/staff

Word of mouth

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Country SelectionFocus Group | Global Survey n=421 

30 countries, 60% of the world

origin

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Agenda

– Background

– MTI

– Results

– Q&A

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Easy to Use and Explore

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Easy to Use and Explore

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country

country

Country Profile

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Explore More with Data Tool

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Access More with “Members Only”

Access Data for 8 sub‐indexAccess Ranking for all countries

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3Download MTI 2014 report

Explore Data by consumer segment

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“Members Only”

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“Members Only”

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Agenda

– Background

– MTI

– Results

– Q&A

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Overall MTI ‐Most Attractive Countries

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Country Environment

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Destination Attractiveness

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Medical Tourism Costs

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Facilities and Services

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www.MedicalTourismIndex.com

Medical Tourism Index Website

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Agenda

– Background

– MTI

– Results

– Q&A

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thank you