Case summary:
The case deals with the rise of medical tourism over the past 20 years. Medical service providers and patients began to use lower-cost alternatives, as the cost has been increased and there is a shortage of specialists in Country U. Due to the technology advancement in the medical field, the medical reports of the patients from Country U can be analyzed by the physicians in Country I.
Due to the process of outsourcing, patients can schedule their operations in foreign countries, where the expense is low. According to the case, medical tourism is not limited to Country U and patients from other countries with a developing economy can engage in medical tourism.
To determine: The benefits to medical service providers of Country A for outsourcing a well-defined task.
Introduction:
Explanation of Solution
Determine the benefits to medical service providers of Country A for outsourcing a well-defined task:
Due to the technology advancement in the medical field, the MRI reports of the patients from Country U can be analyzed by the radiologists in Country I. Due to the increased medical cost, people prefer to get service from the countries where the cost is low. Even the prices of MRI scans could be completed in Country U, as the interpreting does not require patient involvement.
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Chapter IC Solutions
INTERNATIONAL BUSINESS LL+CONNECT >BI<
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