This week’s article in Modern Healthcare talks about the emerging phenomenon of medical tourism (also known as medical travel and medical outsourcing). As with most articles, the conversation focused on the huge cost savings for folks who choose to travel abroad for medical treatment.
For example, a recent McKinsey report found that an aortic valve replacement that costs $100,000 at a U.S. hospital would run about $12,000 at an equally qualified and credentialed hospital in Asia. Wow! But how do you know if you can trust these hospitals from a quality of care perspective?
I’m a big fan of choosing hospitals that can demonstrate their quality of care. So, in addition to making sure that the hospital is accredited by the Joint Commission International (JCI) and International Standards Organization (ISO), look for the hospital that openly and transparently reports its clinical outcomes.
For example, take a look at National University Hospital. It’s a good start, though not comparative and somewhat complicated for the uninformed reader. Do your research by comparing those outcomes to your American counterparts. And if the clinical indicators are not posted on the Web site – ask!
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