Medical tourism has a huge potential many Goan doctors majority dentist have out shop along the coastal side of Goa. I know many who has shut shops in the cities and moved to the coastal areas. This is a wise move on investment part. The recent article on Insurance companies making a provision for medical tourism has created a lot of interest for tourist. They can combine relaxation with treatment, " Peter Kelly" a long time tourist from England said he will definitely speak to his insurance company about this program which will save the money he spend on his treatment in Goa.
We as public can participate in this move also. We know insurance companies will tie up with big hospitals chains like Apollo, Fortis to name some. Apollo Hospital has a market cap of roughly Rs2300.0cr and Fortis around Rs.1500cr. It will be a good investment if we start accumulating the stocks of these companies so that we too do not miss the bus of Medical Tourism in Goa.
Fortis has plans to expand to 40 hospitals by 2012, plans to by Wockardt Hospital, and has lined up the resources for this. Medical Tourism is a long-term story and the currents prices of these stocks are very appealing. Medical Tourism stocks are necessary for any longtime investors
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