Health tourism – an innovation for the Caymans’ economy
The provision of healthcare is a key innovation to diversify the Cayman Islands’ economy. Health City Cayman Islands is a 140-bed hospital which opened on Grand Cayman in February 2014. Specialising in cardiology, cardiac surgery and orthopedics, it is able to offer services at 30 to 40 percent of the going market rate in the United States, according to Manu Ramachandar, Health City’s Business Development Manager.
This first advanced medical facility and tertiary care hospital in the Cayman Islands provides healthcare to adults and pediatric patients who largely reside in the Caribbean, Latin American, United States, and Canada.
In 2016, Health City opened a Canadian satellite office in Hamilton Ontario staffed by local Canadian healthcare professionals who are working with medical practitioners to move their patients off long waiting lists and refer them to Health City Cayman Islands for non-emergency procedures.