SCHOOL COURSE NAME: PRINCIPLE OF INTERNATIONAL BUSINESS

 

SCHOOL OF BUSINESS

 

                                                   
WHERE WERE WE TEN YEARS AGO

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NAME  :                                 DUNCAN OCHIENG

COURSE NAME:                 
PRINCIPLE OF INTERNATIONAL BUSINESS

PROFESSOR NAME:   

DUE DATE :                           
 8Th January 2018

 

 

 

 

BY

 

                                                       
DUNCAN OCHIENG’

 

 

 

Where were we ten
years back

If you could ask
the majority ten years back about the fate of the future medical status
globally in a decade to come, they could be surprised and show wondering facial
gestures of unpredictable situation. Nobody knew what the field of physiology
had in store for the whole world even to the most remote areas of the world.
This was due to the then situations that affected the whole world like wars and
illiteracy. People now find it easier to receive and deliver medical procedures
ranging from no only domestically but even internationally as well and this we
appreciate the efforts of nations for the advanced technology. For example
contacting relatives and friends is just buttons away even if it is visual.

Receiving the
same quality of treatment globally at an affordable price is just is
unthinkable. A decade ago it was very difficult and indeed so hard for people
to receive treatment globally that is equal but today it’s no longer an issue.
What trends have facilitated this process? Receiving medical treatment abroad a
decade ago was rare. However, this whole tradition has completely changed  over the last few years. Many citizens
currently travelled to the United States to get quick treatment and even to the
Europe and China. This was due to the advanced technology that the countries
had on medical centers. Nowadays it is vice versa. Citizens of the developed
countries even come to the less developed countries to seek for medical
attention. And this is brought about by the cost advantage and the technology
that is equal globally.

Cost advantage

Cost of the
medical services is the most factors that drive the medical globalization. In
most of the developed countries, you find that the cost of resources, goods and
services are far much greater as compared to the less developed countries. This
is even in the field of medical services. Due to the less cost in the less
developed countries, citizens in the much developed countries prefer their
medical services to be offered in the less developed or developing countries in
order to meet the cost. Some of these people even come to the less developed
countries to see the kind of medical services they offer. When they visit the
less developed countries, they even receive better medication that is
considered “first class” or even luxurious.

Technological
advancement

Today, people
have witnessed many outstanding developments in technology e.g. in the
infrastructure. This has greatly improved even the medical field. These
infrastructural developments include the telecommunication and transportation
services. In the communication side, the social medias and internet allows
easier and faster communication for the medical services to be provided in
time. A physician can just scan and send information to another country that is
interpreted and treatment done by another physician in another country, hence
no need for a doctor to recommend a patient to undergo surgery in another
country. The transportation is also easier, fast and affordable which makes
medical services much simpler as compared to the past.

Conclusion

These
developments have resulted into positivity as follows: exchange of patients and
doctors globally and even equal care for patients globally. These medical
services improvements have affected the American economy to some extent. By
opting for cheap medical services in less developed countries, many citizens of
America save a lot of money for themselves.

 

 

 

References

Impacts of medical offshore medical
movements on American economy. Retrieved from;

          Forgione DA, Smith PC. Medical tourism and its impact on the US health care
system. J         Health
Care Finance 2007; 34: 27-35 pmid: 18972983.

 

How the imports of  medical services benefits individuals
globally. Retrieved from;

 

Warner D, Jahnke LR. US-Mexico. Mode 2: imports and exports
of health services. In: Report to the
Organization for Economic Cooperation and Development. Austin:
University of Texas at Austin; 2010.

 

 Health Tourism. Retrieved from;

 Carrera P,
Bridges J. Globalization and healthcare: understanding health and medical
tourism. Expert Review of
Pharmacoeconomics and Outcomes Research 2006; 6.

 Mirrer-Singer PM. Medical malpractice overseas: the legal uncertainty
surrounding medical              tourism.
Law Contemp Probl 2007; 70:
211-32.

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