A proposed health care centre aims to push Iceland as the prime medical tourism destination for cosmetic surgery in 2010.
The planned venture by Kadeco, in conjunction with Iceland Healthcare, is set to commence in the second quarter of 2010 at the Asbru Enterprise Park, Keflavik. The healthcare centre, specialising in joint replacements and fat-removal, will house around 35 hospital beds, three operating theatres and all together have the capability of treating up to 4,000 patients per year.
The Asbru Enterprise Park was chosen as the ideal location for the proposed healthcare centre due the area’s close proximity to Keflavik Airport, Iceland’s international airport. As well as this, the area already has a strong know-how when it comes to services for foreign visitors.
“The project is definitely one of the most exciting innovative ventures in Iceland at the present time. It will constitute an important aspect of the build-up and development at Asbru. The cluster of health-related services at Asbru will be strengthened through the operations of the hospital, and this will attract even more diverse companies involved in medicine, treatment, health-promotion, research, education and the production of various health-related products, to name a few,” stated Kjartan Thor Eiriksson, Managing Director of Kadeco.
This medical tourism venture is set be a precious source of income for Iceland and the Icelandic people, as up to 300 new jobs are expected to be made throughout the project.
For more information on medical tourism in Iceland and health care advancements visit www.asbru.is/english/
really cool! I visited Island many times and i think it is really one of the cool places to hang out. Having medical health center will add to it and overall the patients should also feel good and get good relief there considering the beauty of the place.
Interesting information. Can’t say that I would travel to Iceland for cosmetic or any other surgery, but sounds in relation to other countries, it has a good location. Would be interested in learning more about how it works out.
Not very long back, Iceland, a small European island country had become the butt of all jokes. As a result of the global economic crisis, its economy was in deep, deep trouble. And just like its other counterparts in Europe and US, the country’s banking system was on the verge of becoming dysfunctional.
Thus, the need of the hour for Iceland was to have a Government sponsored bailout. But it did something that was radically different. It did not follow the popular strategy of US and other European countries. Instead, it took the brave decision of letting its banks fail. Yes, that’s correct. It did what the US and Europe even does not dare think currently.
Of course, the economy of Iceland had to pay a heavy price for it in the short term. Its currency fell by some 80% and inflation soared to 20% levels. What’s more, its GDP also fell by 15% peak to trough. But things are vastly different now. After seven quarters of negative growth, things are looking much better. The balance sheet is in much better shape and the trade balance has actually turned into a surplus.
A huge, huge lesson for US and European countries we believe. It is certainly not the end of the world if a country lets is insolvent banks fail. Bail outs incur enormous costs and transfer the burden of the private sector to the Government and ultimately to the tax payer. It also does not purge sick and insolvent banks out of the system. To top it all, it creates a moral hazard. So far, Ben Bernanke and Co were hiding under the garb that letting insolvent banks fail means putting the entire system at risk. But the Iceland example has proved them completely wrong. It is time they abandon their foolish theories we believe.
Published on http://www.equitymaster.com/5MinWrapup/detail.asp?date=12/17/2010&story=2&title=The-trillion-dollar-lesson-from-a-tiny-country in India. Kudos to the government for not following disrupt and stupid american practices
I think Iceland would make a great medical tourism destination – close to both the USA and the UK, it is ideally located to offer healthcare internationally.
Having a destination close to Europe for medical tourism, means more competition for countries like Poland, Hungary, Spain etc.
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This is a positive undertaking closer to home at the most reasonable cost with advance facilities and well trained professionals.
I know if I were going overseas I would certainly choose Iceland over a lot of these other countries that offer inexpensive alternatives for plastic surgery.
Iceland’s entry in to medical tourism is a boon to those patients in Europe and North America as Iceland gives them a health care choice closer to home.
Dha Kur
http://www.TourNCare.com
Online Medical Tourist Community
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