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(People Also Like To Read: <\/strong><\/em>Bangladeshi Patient Gets Peyronie\u2019s disease treatment in India<\/a>)<\/strong><\/em><\/p>\r\n <\/p>\r\n <\/p>\r\n \u201cWhile their share to overall revenues may be less, yields from medical travelers are very high,\u201d an executive of a large hospital chain said. \u201cThe average revenue per occupied bed (ARPOB) from medical travelers<\/a> is 50% higher than the patient on a CGHS (central government health scheme), and 20%-30% higher than average insurance patient\u2026 And hospitals will get upfront payments from these patients, helping their cash flows,\u201d said the person who requested not to be identified.<\/p>\r\n \u00a0<\/p>\r\n This in nutshell explains that medical tourism<\/a> can be boosted par the potential as there are good schemes and policies which are also backing it.<\/p>\r\n <\/p>\r\n <\/p>\r\n <\/p>\r\n <\/p>\r\n The good news for one of our associate hospitals Max Super specialty is that there has been a good and staggering 68% of revenue jump that can be credited to the influx of international patients.<\/p>\r\n \u00a0<\/p>\r\n Max Healthcare<\/a> said its revenue from international medical tourism stood at \u20b977 crores during the third quarter of the current fiscal, up 68% from the September quarter. Max said the revenue represented two-thirds of the pre-Covid run rate. Foreign medical travelers used to contribute about 10% of total revenues of major hospital chains in the country in pre-Covid times, industry insiders said.<\/p>\r\n \u00a0<\/p>\r\n Executives in the medical travel industry said it may take a quarter or two for medical tourism to reach pre-Covid levels partly because there continue to be international travel-related restrictions.<\/p>\r\n <\/p>\r\n (Also Read: <\/strong><\/em>Best Clubfoot Treatment Doctors And Hospital in India<\/a>)<\/strong><\/em><\/p>\r\n <\/p>\r\n <\/p>\r\n <\/p>\r\n India, though, has not restricted medical visas, which grants for 60 days from the first date of entry in the country.<\/p>\r\n \u201cWe hope things should reach pre-Covid levels by the first quarter of FY23,\u201d said Mihir Vora, founder of Magnus Medi, a Mumbai-based medical value travel company that does marketing overseas, and assists patients in choosing the hospital, appointments, arranges visas, tickets, and accommodation.<\/p>\r\n \u00a0<\/p>\r\n \u201cMedical travel saw a recovery in the third quarter of FY22, with brief disruption in January caused by Omicron wave, but now things are getting back to normal,\u201d he said.<\/p>\r\n Pandemic is not the only challenge for the industry, though. About 20% of medical tourists coming to India used to be from Afghanistan. Now, hardly any Afghani is coming for treatment due to uncertain political and economic conditions.<\/p>\r\n Apollo Hospitals, a leading hospital chain with more focus in the South, said revenues from medical tourism remained muted in Q3FY22. \u201cThe medical value of travel has seen an uplift in this quarter versus last quarter\u2026going forward we will get that benefit as well,\u201d the company said in the recent earnings call.<\/p>\r\n <\/p>\r\nWhat do the numbers say?<\/h2>\r\n
Max Hospital & Apollo Emerge As Gainers<\/h1>\r\n
![\"Indian](\"https:\/\/english-blog.s3.amazonaws.com\/uploads\/2022\/02\/picture.png\" "\\"Indian")
<\/p>\r\nIndia Always A Look After Destination<\/h2>\r\n
![\"Indian](\"https:\/\/english-blog.s3.amazonaws.com\/uploads\/2021\/01\/Vaccines-Out-India-Becomes-Safer-For-Global-Treatments.jpg\" "\\"Indian")
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GoMedii is glad to have associated with such reputed hospitals as Max Super Speciality Hospital & Apollo Hospitals. This gives hope that the world is getting back to normal. It is important to get through the conditions and revive this industry. We are glad about our association with Max Super Speciality Hospital!<\/p>\r\n