Low Costs Lure Foreigners to India for Medical Care; Escorts, Apollo, & Fortis Lead Vanguard
By Sanjay Sharma, Section Gurgaon News Posted on Thu Apr 07, 2005 at 06:53:20 PM EST
Europeans and Americans, looking for world-class treatments at prices a fourth or fifth of what they would be at home, are traveling to India, Thailand, Singapore and other places. "Health is an emotional issue; it's not like buying a toy or a shirt made abroad," said a health care analyst, Gautam Kumra, who is based in New Delhi. "Nevertheless, you cannot deny the power of economics."
One doctor in India held up as first rate is Dr. Naresh Trehan, a cardiac surgeon based in New Delhi and the executive director of Escorts Heart Institute and Research Center. In the Gurgaon suburbs of New Delhi, Dr. Trehan is building a $250 million multispecialty hospital modeled after the Cleveland Clinic in Ohio, USA. "We're gearing up, and the doors of Indian hospitals are wide open to the Western world," Dr. Trehan said. In the same neighborhood will be Fortis Healthcare's Medicity, a 43-acre hospital complex for foreign patients, which will have special immigration and travel counters and interpreters, with the idea of branding itself the Johns Hopkins Hospital of the East.
Dr. Trehan, 58, who studied cardiac surgery at the New York University School of Medicine and worked there for a decade, returned to India in 1988 to open his own cardiac hospital in New Delhi. The hospital now conducts 4,000 heart surgeries a year with 0.8 percent mortality rates and 0.3 percent infection rates, on par with the best of the world's hospitals.
Modern hospitals, skilled doctors and advanced treatments are helping foreigners overcome some of their qualms about getting medical treatments in India.
- About 150,000 foreigners visited India for medical treatments in the year ending in March 2004, the Confederation of Indian Industry, said.
- That number was projected to rise by 15 percent each year for the next several years.
(Click on "Full Story" for more.)
 |
In the last four years, the Apollo Hospital chain, which has 18 hospitals throughout Asia, has treated 43,000 foreigners, mainly from nations in southern Asia and the Persian Gulf. Last year, 7 percent of its 5 billion rupees ($114.9 million) in revenue came from medical services provided to foreigners. Still, some hospitals in India are discovering that affordable costs and foreign-trained doctors may not be enough to make India a global health care destination. The country's dilapidated airports, garbage-strewn streets and overcrowded slums can put off even the hardiest foreigners.
For some foreigners, like George Marshall, a 73-year-old violin restorer from Yorkshire, England, India's hospitals also offer speedier treatments.
- Last year, Mr. Marshall said that he started having trouble finishing a round of golf. An angiogram showed two blocked arteries in his heart. After an Internet search and a chance meeting with a businessman who had gone to India for surgery, Mr. Marshall traveled to the Wockhardt Hospital in Bangalore in southern India last winter. His surgeon, Vivek Jawali, had trained at Great Ormond Street Hospital in London. The men chatted about British politics and Dr. Jawali gave Mr. Marshall his cellphone number and said that he was available 24 hours. A surprised Mr. Marshall said that in the British health system, "you are just a number, but here you are a person." Travel expenses included, the surgery cost him £4,500 ($8,400).
For instance, radiologists working for Wipro, a software and information technology company based in Bangalore, analyze X-rays and scans from United States hospitals for a fraction of the cost. A diagnostics firm, SRL Ranbaxy, based in New Delhi, tests blood serum and tissue samples from British hospitals. Health specialists say that sending patients to India for treatment is not as unthinkable as it was 20 years ago.
From Star News Online - April 07, 2005
Low Costs Lure Foreigners to India for Medical Care
|
 |
 |
Login
Membership has its privileges. Choose a username and provide a working email - that's all it takes to join. Click below to make a new account.
Make a new account
Who's Online? (36)
. Unregistered Visitors (36)
Note: You may cloak yourself from appearing here in your Display Preferences.
Front Page
Sunday March 14th
. Haryana To Invest Over Rs.1,200 Crore In Industrial Land (0 comments)
. Unauthorized Construction Market Fall By Demolition Squad (0 comments)
. India's Real Estate Boom Is on Shaky Ground (0 comments)
. Beverly Park I Apartments Struggle To Get The Title of The Land (0 comments)
. Circle Rates May Rise By 20% Of Property In Noida (0 comments)
. Affordability Extended: Noida Extension Is All Set To Become Delhi NCR's Next Budget Housing Hub (0 comments)
. Attention Property Owners/Tax Payers! MCD Offers Special Amnesty Cum Tax Settlement Scheme (0 comments)
Saturday March 13th
. The 8-lane Noida-Gt. Noida E' way Promises To Give Two Potential Locations A Realty Boost (0 comments)
. "Great Time to Buy" (Famous Last Words) As Real Estate Brokers Always Say (1 comments)
. Role Reversal: Ghaziabad Police Lets People Take Charge: Residents Get To Play `Police-Police' (5 comments)
. Limited Mining: Haryana Submits Aravalli Rehab Plan Before SC (0 comments)
. Property Prices Prepare To Dole Out More For Homes (0 comments)
. Verify Your Servant, Or Pay Rs 5,000 Fine (0 comments)
Friday March 12th
. Grand Plan: Integrate All Transport In Delhi, NCR (0 comments)
. At Last: Help For E'Way Pedestrians, 5 New Underpasses Planned (0 comments)
. Delhi Best City To Live In (0 comments)
Thursday March 11th
. Haryana sees Record 70% Investment In Development (0 comments)
. Haryana Proposes To Set Up Migrants Resource Centre (0 comments)
. Haryana To Announce Its New Industrial Policy by April (0 comments)
. Municipal Corporation of Gurgaon Issues Public Notice Regarding Assessment of House Tax in Gurgaon (0 comments)
. Now, Shop Till You Drop In Gurgaon (0 comments)
. Greater Noida- Noida Expressway In Toll Mode (0 comments)
. Is Emaar MGF Palm Hills Sector 77 Residential Project a Good Investment? (14 comments)
. Insurance For Parents Of Special Children Soon (0 comments)
. Consumer Fora Can Handle Arbitrations (0 comments)
. New Law Against Touts In Pipeline (0 comments)
. Government Scraps 12 Special Economic Zones (0 comments)
. Base Rate To Bring In Transparency In Loan Pricing: RBI (0 comments)
Wednesday March 10th
. Haryana Set To Join Hands With Private Firms To Develop NCR (0 comments)
. Facelift Of Faridabad's Biggest Nullah Planned (0 comments)
. IT Exports From Haryana Touch Rs 21,000 cr , Report Projects 12 pc Growth In Current Fiscal (0 comments)
. Supertech To Invest Rs 4,000 cr in 15 Projects; Plans IPO (0 comments)
. Realty Major BPTP Plans Rs 1,500 cr IPO In Early FY11 (0 comments)
. Delhi's 3-D Map Ready, Govt Depts To Begin Use From April 1 (0 comments)
. Staff Hired For Udyog Vihar To Address Security, Parking Woes (0 comments)
. IPO-Bound Realtors Sitting On Fence Despite Sebi Nod (0 comments)
. Overseas Realty Funds Struggle, Shut Shop Or Put Plans On Hold (0 comments)
. Real Estate Fund Flow Under Watch (0 comments)
Tuesday March 9th
. DLF May Miss Residential Sales Goal (0 comments)
. New Draft Policy On Affordable Housing In Rural Areas (0 comments)
. DLF Says Price Hikes Are Inevitable (0 comments)
. Realtors To Assess Impact Of Service Tax On Housing Complexes (0 comments)
. Gulshan Homz Betting Strategically On Affordable Homes (0 comments)
Sunday March 7th
. Honda Picks R'sthan Over Haryana For Second Unit (2 comments)
. First No-Frills Airport To Come Up Near Jaipur (0 comments)
Saturday March 6th
. We Bring Good News - Expect Jobs & Hikes (0 comments)
. Residential Rentals Exempt From Service Tax (0 comments)
. Look Beyond Gurgaon, Industry Told (1 comments)
. RBI Panel Proposes Collateral-Free Loans (0 comments)
. Stress Relief :Banks Can Lend Below Base Rate, System To Come Into Effect From July 1 (0 comments)
Older Stories...
|
|