Healthcare Tourism

‘They Have a Credit Card or They’re Paying Cash’

Medical tourism is a cutthroat business. According to US-based Patients Beyond Borders, some 14 million patients worldwide visited overseas hospitals and clinics in 2016. The commercial intensity has much to do with the cash infusion at stake. So there is little surprise that Tucson—home to medical science-oriented University of Arizona—wants to get into the game. There is, however, a twist in its strategy. Local authorities are targeting free-spending Mexicans. The approach is a testimony to booming wealth south of the border. GDP per capita stands at about $19,000 in Mexico, nesting the country between Turkey and Thailand in a global ranking. The southern Arizona city may see early wins in siphoning off the estimated 16,000 medical tourists who visit Houston every year. Further gains will come from an underdeveloped Mexican market for US-based services. Tucson should offer Washington a lesson in the texture of cross-border relations.

Our Vantage Point: Medical tourism is one example of new-found ways to build emerging-market exposure. Investors can benefit directly through health-care companies, or indirectly through hospitality businesses.

Learn more at Tucson News Now

© 2017 Cranganore Inc. All rights reserved.
Unauthorized use and/or duplication of any material on this site without written permission is prohibited.

Image: Tucson is traditionally best known for desert landscapes. Credit: Loftisg at Can Stock Photo Inc.

Required Notification: The website sponsor is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Featured Selection

Outpatients
The Astonishing New World of Medical Tourism
Sasha Issenberg

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem.

Button

By using the button to purchase this book on amazon.com, you help to keep our content free for all. There is no direct cost to you. We appreciate the anonymous signal of encouragement.

Compliance Matters

Advertising Notice

The website sponsor is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Take-Away Wisdom

We offer insight on a selection of recently-published books that are relevant to the hospitality sector.

Departure Board