Can US Hospitals Compete Internationally? Maybe.
Yours truly in an interview with Medical Travel Today:
Right now there are about 50 major U.S. hospitals actively marketing in Latin America to recruit patients. They’re already competing in an international marketplace and many are doing it with a package price structure. They are doing the things they need to do to compete effectively on quality and price in a global market.
This is really interesting.
So US hospitals can be transparent — so long as there is money in it for them.
I understand they are also giving package price quotes to Canadians.
BTW, your perspective on the international market for care is distinctly different than that of most other people.
I believe the next step in medical tourism is in-country medical travel. We all cannot go to India for care, but we can go to selected hospitals across the country. Once the threat of steering patients to a competing hospital becomes a reality, more domestic hospitals will begin to compete for patient based on price.