International Accreditation Standards and the Benefits to Hospitals Attracting Medical Tourists

There are several studies showing international hospital accreditation does have some impact on clinical standards and even bed occupancy rates. However, little is known about the attracting more medical tourists to hospitals that received this distinction. It was expected, prior study, participating in might increase operational expenses greater amounts of patients would also boost patient volumes profitability. research found investment led insignificant changes (pre-accreditation versus post-accreditation) operating profit margins (OPM), net (NPM), debt-to-equity (D/E) ratio. This suggests has financial aspects hospital's operations. appears be a signaling strategy than recipe for growth. there may other tangible benefits (e.g., better medical/clinical outcomes).