WMTC Boao, China Summary
July 11th, 2016 – PALM BEACH GARDENS, Fla. — Hailed as a resounding success by attendees, the Medical Tourism Association® recently concluded the World Medical Tourism and Global Healthcare Congress Boao, China held June 28-30th in Boao, Hainan province, China. Co-organized by the MTA in partnership with the Hainan government and Beijing Great-Idea Business Resources Company Ltd., the conference brought together over 600 top-tier attendees from China and around the world for three days of intense networking and educational sessions.
International attendees included representatives from the Cleveland Clinic, Johns Hopkins, Deloitte, the Croatian Chamber of Economy, and the government of Hungary, while China’s government and private sectors included the vice governor of Hainan, the China Ministry of Health, the China Healthcare Association, Luneng Group Commerce and Tourism Management Co., and First Investment Group, among many other distinguished delegates.
The purpose of WMTC-Boao, China was twofold:
1. To connect international hospitals with large facilitation companies sending 60,000 plus patients out of china each year.
The outbound medical tourism market in China is growing at rapid pace, with an increasing number of wealthy Chinese patients seeking medical care and wellness services at top international hospitals and clinics. International hospitals at the conference had the opportunity to meet with top Chinese facilitators including Beijing Saint Lucia Consulting, Shanghai Medical Tourism Products & Promotion Platform, and Medebound, among many others.
2. Bring together healthcare industry executives from over 30 countries in order for them to achieve long term partnerships and affiliations with Chinese investors, healthcare groups and multi-billion dollar companies who are seeking to raise healthcare quality in China.
In 2009, the Chinese government implemented a $124 billion healthcare reform plan with the goal of providing affordable healthcare for the entire population by 2020. With the introduction of new healthcare reform policies, the government is encouraging private investment capital to build new hospitals and other care facilities, including 100% foreign owned hospitals. The government and private sector are also building and investing in some of the biggest healthcare projects in the world and looking to the west, and particularly the U.S. and Europe, to help them develop their healthcare infrastructure, improve healthcare quality and provide expertise in operations management and branding.
Jonathan Edelheit, CEO of the Medical Tourism Association stated, “It is critical, now more than ever, to invest in the key areas that can accelerate the development of health care in China. Healthcare reform and increased healthcare spending have created a unique window of opportunity for savvy business leaders to enter this market and seize the benefits of first-mover advantage. Our association has taken on the role of intermediary; identifying opportunities, facilitating relationships, helping to secure agreements, and ultimately providing guidance throughout the process to ensure successful partnerships.”
Both speakers and attendees were eager to share their views on the success of the event “The recent 2016 World Medical Tourism Conference held in Boao, China was informative and worthwhile. This was a great opportunity to build relationships with Chinese Developers and to meet other participants from the United States and other countries that are potential Healthcare and Hospitality clients. Traveling with the Medical Tourism Association establishes JHS Architecture’s credibility to do business globally within the Healthcare and Hospitality Industry. This conference broadened our worldwide connections.” Randy Sides, Chairman of JHS Architects explained.
The Medical Tourism Association® is the global nonprofit trade association for the medical tourism and healthcare industry working with hospitals, governments and buyers of healthcare in over a 100 countries, providing education, connectivity and solutions and promoting the highest quality healthcare to patients in a global environment.