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Tue Dec 02, 2008

Vol. XV, No. 23
 Coronel starts stint at Columbia U
 Iron fence instead of reforms
 Kern is New Chair, Vows refocus of NaFFAA goals
 FRONTPAGE : Vol. XV, No. 23
 



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Articles/Stories: RP medical tourism earns $200-million

MANILA-The Philippines earned an estimated $200 million during the first year of the Medical Tourism Program, with cosmetic surgery topping the most-sought treatment from patients who come from different parts of the world, according to the Business Mirror newspaper.

Health Undersecretary Jade del Mundo, head of the Medical Tourism Program, said aside from cosmetic surgery, other top grossers were eye and dental services.

An estimated 200,000 patients from around the world, including overseas Filipino workers (OFWs), came to the Philippines this year for treatment and vacation, said del Mundo at a press briefing to announce the first Medical Tourism Congress that will be held starting November 20 at the Philippine International Convention Center.

 The program seeks to offer the Philippines as a destination for healthcare and tourism where patients can go for rest and recreation while recuperating.

 Del Mundo noted that patients have been coming to the country for health services because of the low price of treatment compared to what is being offered by other countries.

He cited as an example the price of dental ceramic denture which is worth $1,000 in the country compared with $8,000 in the United States.

The Belo Medical Group is said to have topped everyone accredited by medical tourism, posting earnings of $300,000 from January to August.

Del Mundo noted that the government sees between $300 million to $400 million of profits through medical tourism for 2007.

At the moment, the Philippines rank fifth in medical tourism among Asian countries such as Thailand, India, Malaysia and Singapore in that order.

He said the Philippines wishes to beat all these countries by accrediting more quality hospitals and healthcare facilities and banking on the Filipinos’ “unique” way of taking care of patients.

 The global healthcare market is valued at $3 trillion per year, according to the Department of Health.

Also, some private hospitals have already applied for international accreditation through the Joint Commission International (JCI) to seek foreign recognition. The St. Luke’s Medical Center is the only Philippine-based hospital that is accredited by the JCI, said del Mundo.

Hospitals accredited by the JCI are exempted from taxes for four years and will be charged an equivalent of 5 percent of their gross income from the fifth year onwards.

Del Mundo said JCI members get the distinction of being “world-class” healthcare providers. Among those who are seeking JCI accreditation are the Medical City, Capitol Medical Center, Asian Hospital and Makati Medical Center.

A state-of-the-art facility and qualified doctors who are trained abroad are some of the qualities a hospital must have to gain a JCI “gold seal.” A one-time JCI membership  fee costs P7 million, said the health official.

 
Articles/Stories: RP medical tourism earns $200-million
 
Posted on Monday, November 20 @ 17:01:07 CST by KaTato
 

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Most read story about Vol. XVI, No. 01:
Immigrants top source of US army recruits - By Margaret D. Stock




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