Financial Daily from THE HINDU group of publications Monday, Jun 21, 2004 |
||
|
|
||
|
Home Page
-
Medical Institutions & Hospitals Industry & Economy - Health Singapore zeroes in on India to sell quality healthcare P.T. Jyothi Datta
Singapore , June 20 YELLOW postcards pinned up at the entrance of Tan Tock Seng Hospital speak silently of SARS, a recent challenge faced by Singapore's healthcare institutions. But for the city-state's public and private hospitals, getting a grip on the Severe Acute Respiratory Syndrome is just one more star on its collar, proving to the world its ability to deliver critical and quality healthcare. With a healthcare delivery system ranked sixth by the World Health Organisation (WHO), Singapore has stepped on the accelerator to aggressively market itself as a healthcare destination in the region, including India. Its top-rung hospitals have India circled in red, as a destination to market its healthcare services. And this, even as India itself hard-sells "medical tourism" where patients are attracted to travel to India for quality healthcare services at reasonable costs. More than two lakh international patients travel to Singapore every year, say representatives of SingaporeMedicine, a multi-agency government initiative aimed at making Singapore a medical hub for global patients. Neighbouring Indonesia and Malaysia account for a lion's share of these numbers, but patients from India are on the rise, they observe. "There is enough room for both Singapore and India, and the two countries can complement each other's medical specialities," points out Ms Jeannie Lim Suet Ying, Assistant Director, SingaporeMedicine. "Besides, Singapore is looking to wean away the outbound Indian patient who goes to the US or the UK for medical treatment," she adds. "Medical costs in Singapore are about 40 per cent less than in the US and 60 per cent less than in the UK," says Mr Debanjan Sen of Tan Tock Seng, the public hospital designated to handle the volumes of patients during the SARS crisis. According to officials, Indian patients are sizeable enough to go out and generate more interest in the Indian market. Another "public hospital" with designs on India is the National University Hospital (NUH). "We already have about 180 in-patients and another 2,649 outpatients from India in 2002. We should be going into India, with marketing offices, later this year," says NUH's Mr Kamaljeet Singh Gill. Singapore's private healthcare providers are no different. The Parkway Group Healthcare already has a presence in India through one of its three group-hospital Gleneagles, which has a joint-venture project, Apollo Gleneagles, in Kolkata. Similarly, RafflesMedicalGroup (RMG) has plans to expand into India and the region through marketing initiatives and alliances, says RMG's Mr Saw Chit Aung. It is in discussion with tour operators Jet Air to design packages for medical tourists. "Hospitals in Singapore have been inward looking till now. But we are increasingly looking to bring in international patients since we can offer them quality services," sums up Dr Fidah Alsagoff, with Singapore General Hospital, the country's public sector flagship hospital. Singapore aims to bring in one million foreign patients by 2012, adding S$3 billion to the government kitty.
More Stories on : Medical Institutions & Hospitals | Health
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|