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Chinese middle class big business for overseas healthcare providers

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 Insights

18-Jan-17 Like more traditional tourists, outbound Chinese patients are a lucrative opportunity. Many Chinese medical tourists aren’t fazed by high prices. The average cost of treatment in the US is four times the cost in China. In 2015, Chinese medical tourists spent USD9.7 bn on treatment and travel, according to Global Growth Markets. Hundreds of intermediary companies are springing up across China to capitalise. [image: Visual China]

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Ctrip invests in test-tube baby service provider IVF USA

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23-Nov-16 Ctrip announced it has invested in IVF USA, a US-based IVF company. IVF USA has partnered with seven eminent reproductive health centers in the United States. The company has aided nearly 1,000 Chinese families in conceiving. Ctrip said that it has a good chance of venturing into medical tourism as it has 250 mn registered users. [image: IVF USA / China Travel News]

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Hospital for Special Surgery launches global initiative

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07-Nov-16 The New York based specialty orthopedic center, Hospital for Special Surgery, has begun to offer services to medical facilities around the world. The hospital is focusing on opportunities in Asia, the Persian Gulf and Latin America, said Laura Robbins, SVP of Global & Academic Affairs. “We were getting a lot of inquiries from healthcare systems and hospitals around the world." [image: Hospital for Special Surgery]

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30 key findings from medical tourism benchmarking research

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03-Nov-16 Benchmarking facilitates unique national medical tourism concepts. 30 benchmarks include: 2. Cooperation among official authorities is a must; 7. Most destinations offer transparent pricing; 16. Many medical tourism physicians have US or UK qualifications; 21. Countries such as India and Thailand offer long-stay medical tourism visas; 27. Strong ties with health insurance companies influence the flow of international patients. [image: Mercury Advisory Group]

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