Question

Health care seems to be in the news constantly-from the cost of health care to the quality of delivering health care. The United States prides itself on having the best health care, but it is also the most expensive health care provider in the developed world. The United States spends roughly $10,000 per person annually on health care, while Switzerland, as the second highest-spending country, allocates just over $6,000 annually. Interestingly, health care has always been viewed as an industry that is local to the country in which people live You might even think that health care is one of the industries least vulnerable to dislocation from globalization. Like many service businesses, surely health care is delivered where it is purchased. If an American goes to a hospital for an MRI scan, a local radiologist is likely to read the scan, right? If the MRI scan shows that surgery is required, surely the surgery will be done at a local hospital in the United States? Until recently, this was true, but we are now witnessing globalization in this traditionally most local of industries. This globalization of health care-"medical tourism"-has resulted in more than 8 million patients from across the world seeking treatment in a foreign country each year, spending upward of $40 billion

Answer 1

1.The main benefits to the American medical provider are

• It can be interpreted at any time of the day ,even in night time because of the global time between America and India
• The shortage of radiologist will not affect the patient care in any way during their absence
• Cost effective to patient
• The reports can be received in minutes (less than 30 minutes)
• The workload ofvtge American radiologist are greatly reduced
• A subspeciality radiologist can provide the more accurate and detailed interpretation of the scan
• The recruitment of night time radiologist will not be necessary

The cost of an MRI is very low when compared to US health care ,where for an MRI it costs $150 in US and $88 dollar in India.The fee of an Indian radiologist is comparatively lesser than a US radiologist in their currency.Even though teleradiologist has taken a step forward to treat multiple patients from multiple areas.