LOS ANGELES, CALIFORNIA--(Marketwire - July 29, 2010) - Medical Tourism is a multibillion dollar industry with millions of patients traveling each year to different countries or regions for medical care. One of the most overlooked aspects of medical tourism is domestic medical tourism, often referred to as regional medical tourism, where patients do not leave their country but travel to another region within their country, and inbound medical tourism where foreign patients travel to the US for healthcare. US Hospitals and healthcare providers will discuss both inbound and domestic medical tourism at this year's 3rd Annual World Medical Tourism and Global Healthcare Congress, September 22-24th, 2010 in Los Angeles, https://www.medicaltourismcongress.com.
"Geography should not be a barrier in terms of getting the best medical care," said Michael McMillan, Executive Director of Market & Network Services at Cleveland Clinic. "It is the idea of getting it right the first time. By ensuring the patient gets the best outcome, it results in more efficient and cost-effective care. Employers are increasingly seeking value-driven models of healthcare delivery, and Cleveland Clinic specializes in providing high-value healthcare."
Domestic Medical Tourism is starting to grow in the United States much like it has done throughout Eastern and Western Europe as American and EU patients start understanding the healthcare that is offered outside of their home town or city. American domestic medical, sometimes referred to as domestic medical travel, is where medical tourists are starting to travel to other cities and states across America either to receive higher quality of healthcare or healthcare at more affordable prices. Domestic Medical Tourism presents a huge opportunity for US hospitals and for surgeons who specialize in specialized procedures such as orthopedics, heart procedures, eye surgery and other specialized procedures.
"More employers and insurance companies are providing incentives such as waiving deductibles, coinsurance and travel expenses of the insured if they will travel to another region or city for medical care. Lowe's and the Cleveland Clinic's domestic medical tourism program for heart procedures is a perfect indication of the trend of employers offering this type of benefit. The savings are significant and can be as high as twenty to fifty percent," Said Renee-Marie Stephano, President of the Medical Tourism Association and Editor of Medical Tourism Magazine.