Poor country, top doctors
Yahoo! - 03/18/2016
Although barriers such as “regulations, fee-for-service incentives, pharmaceutical lobbies, trade unions, medical malpractice lawsuits, and investments in extensive hospital infrastructure” exist, write Vijay Govindarajan, a professor at the Tuck School of Business at Dartmouth, and Ravi Ramamurti, director of the Center for Emerging Markets at Northeastern University, in Harvard Business Review, hospitals in the U.S. should still be able to adopt elements of NH’s model.
Until that happens, NH’s only overseas facility, Health City Cayman Islands, which is JCI accredited and offers surgeries at 40 percent of the cost at U.S. hospitals, places NH’s model on display for a Western audience. An hour from Miami, the hospital is beginning to draw notice, says Dr. Binoy Chattuparambil, senior cardiac surgeon there: “We have seen a surge of patients from the U.S and the Caribbean” since fall 2015.