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Top Cardiologist urges action for Medical Tourism.

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A top cardiologist in The Bahamas said the Government must play a leadership role in developing cutting-edge medical tourism, or let a multi-million dollar industry slip away from The Bahamas.

Dr. Conville Brown, a lead cardiologist, who performed Bahamas's first stem cell operation in the latter quarter of 2012, said, if The Bahamas is going to become a hub for medical tourism, individuals must step up and make it a priority before other justifications capitalize on these opportunities.

Brown was reported to have said: "I am prepared to say that it is quite a lucrative and productive market, but it depends how we position ourselves." He added: "The Government needs to determine where it wants to stand. They can exclude and impede, or incentivize and promote. The Bahamas will either thrive or flounder. And so far, I don't think we are thriving."

Okanos Heart Institute, for example, is awaiting final approvals and investing $5 million into a clinic in Grand Bahama. The clinic has taken up the second and third floor of a commercial building and hired well-known physicians from the U.S. to perform treatments.

Indian Cardiologist Dr. Devi Shetty, develop of the Shetty Hospital project in the Cayman Islands, broke ground in August 2012 allowing for site preparation works. This was 16-months after signing an agreement with the Cayman Islands Government to set up a medical tourism hospital in Grand Cayman.

In November they presented their mixed-use planning application for the first phase of a proposed medical tourism facility to Cayman Islands Planning Department officials. Full site work will begin once the planning application has been approved.

The first phase of the project is being erected on 50 acres of land. The area is part of a total 200 acres the developers purchased in 2011 to build a proposed 2000-bed hospital and supporting facilities to be built during the next 15-years which will include assisted-living homes, a biotech research centre and a medical education facility.

The first phase of the project is the creation of a 140—bed tertiary care hospital to be operational in early 2014.

In April 2012, Dr. Shetty partnered with of the United States' largest non-profit healthcare companies, Ascension Health Alliance, to build and manage the proposed hospital. Ascension would provide facilities planning, supply chain management, and biomedical engineering services, while Dr. Shetty's group will run the hospital.

How far is Sint Maarten with its medical tourism plans? Within the past 30 months, interests have been shown by two parties, however plans with one particular investor have moved to an advanced stage. We are now in a New Year and 30-months later, and we should move forward with this development that would further diversify our one-pillar tourism economy and create opportunities for the country.

As Cardiologist Brown said, don't let a multi-million dollar industry slip away from the country.

Roddy Heyliger

Last Updated ( Monday, 14 January 2013 02:56 )  
Comments (5)
  • # very nice
    avatar

    With the Bahamas so much ahead of St.Maarten, and 50 acres of land to dedicate to this project, what chance does
    St.Maarten have?

    I think if we need to push this, Roddy, you need to outline the plans, so everyone can get moving.

  • diogenis
    avatar

    The cardiologist warns to not let it slip away from the Bahamas. No word that St.Maarten is a good location. What it does show is the area needed to develop a significant facility: 200 acres. Just opening another doctor’s office somewhere on SXM doesn’t do it.

    If in the past 30 months (2 1/5 yrs) interest was shown for SXM and nothing concrete has happened, that should make one wonder, what is missing? Unfavorable location compared to other island nations? Missing incentives?

    Capital is no problem: there is enough of it “on the markets”. But if a feasibility study shows that other locations in the Caribbean are more favorable, then nothing will happen on SXM. Everything has to be viewed from an investor’s perspective. They are careful and serious how and where they invest. After all it is their money and their decision.

    SXM must offer incentives first and the forecast and predictions for financial success for the investor must be present. A thing that investors may make think twice is the possible influence of workers unions on SXM !!!

    La Belle Creole was bought 2 ½ years ago for an estimated $ 40 mio. Nothing has happened since. Apparently the investor was tangled in all kind of restrictions. How much money can one make on financial markets per year with $ 40 mio? Multiply that with 2 ½ and you’ll find what has been lost so far.

    So asking for major medical facilities or for 5 star hotels is one. But what can an investor realistically expect on SXM? That is what counts. SXM needs to offer the proper incentives for attractive investment.

  • Medical tourism
    avatar

    Well this article explains clearly why St. Maarten should not get themselves involved in medical tourism. Don't forget that the Bahamas is US territory too. A doctor from the Bahams would not know enough about St. Maarten nor what should be priority on this island to make statements like this. Nice but there is no profit for the regular man out of this medical tourism no matter how the polictions package it.

  • Well, well
    avatar

    Bahamas is NOT a US territory, they are a member of the British Commonwealth. But that has little to do with the matter at hand. Medical Tourism...when our hospital is it tatters and near collapse? This is simply a joke, or a smokescreen for someone else to profit from our lack of capability and imagination. I for one, would resent that outsiders come to our island and receive better care than we give ourselves. The only ones here that will benfit are those who set up the deal, or are rich enough to pay the retail price of the medical care...and they, given the choice, will go somewhere else as well.

  • whoopty
    avatar

    Wathey's at it again i see.

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