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Current Problems – facing Developed Economies |
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- Aging Population….. Inverted Pyramid age structure
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- Rising cost of basic medical services
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- More complex and expensive medical treatments
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- Strain on public and private resources for medical care
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- Constraints on government budgets to fund public health care
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- Affordability of private and corporate medical insurance
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- Constraints on availability of trained medical practitioners like doctors, nurses, medical technicians, etc.
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- Waiting lists and delays for critical medical services
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- Inefficient health care processes and use of enabling information technology
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Opportunity and Potential Solution:o-MSO to India |
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- Availability of world-class health care facilities
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- Availability of world class medical and health care professionals many of them with training and experience in USA, Canada, UK and Europe
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- Cost of services including travel costs are 20% to 40% of costs in USA, Canada and
Europe
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- Indian government is promoting India as a “Global Health Destination”… with tax advantage/shelters for export business.
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- World-class Medical Universities and Teaching Hospitals turning out an estimated over 30,000 new doctors and nurses each year
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- Americans, Canadians and Europeans are already accustomed to being treated by expatriate Indian doctors in their countries
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- English speaking doctors and businesses in India
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- Replicate India’s success in IT services outsourcing, BPO and pharmaceuticals in the Health Care sector
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