That's one view, another would be
http://www.economist.com/node/18833589http://www.economist.com/node/13496367The gist is that Indian healthcare providers have a whole free enterprise zone where rich world countries have old institutions. But they have a very poor client base, so to capitalise they have had to innovate. They don't have a huge amount of funding to build and equip their new hospitals, but they have the advantage that they aren't tied to decrepit old buildings. This means they have a real competitive market that rewards good business models (unlike the inevitably fraudulent internal market plans we get up to over here).
Likewise, they didn't have to deal with any equivalent of the American insurance lobby, nor a medical profession with the political clout of the BMA. Nor do they have to deal with patients who want every hospital large or small to do everything from A&E to pre-natal cardiothoracic surgery. Or MPs who demand that each other's hospitals lose such capacity, but never permit that for their own.
The successful outfits have profited by allocating capital much more efficiently than any rich world medical system. That's the key thing to get. It's not about exchange rates, nor even really how much doctors are paid. Efficient capital allocation is how the Japanese eclipsed our car industry, and we stayed eclipsed as their pay rose to match ours. Recent inefficiency of same is how their electronics industry has gone down the crapper.
http://www.theregister.co.uk/2013/08/21 ... ics_firms/ The NHS could free up a lot of resources for the treatment of both acute and chronic conditions if it adopted more efficient ways of handling routine stuff. Whether that happens in public or private facilities, in this country or on another continent, is not very important. While it seems intuitively more desirable for us to invest in closing crappy old facilities and building the new ones for the task right here, if vested interests won't permit it, then sending NHS patients abroad is probably the best move.