Top 10 Hospitals In The World
1. Best in the world – Johns Hopkins Hospital, Baltimore, U.S
The Johns Hopkins Hospital in Baltimore has rightfully earned the number one position in this top 10 as it is widely regarded as being the ‘best hospital in the world’. For the last 20 years it has been number one in the U.S News and World Report hospital ranking, striving to provide the best services in patient care, teaching and research.
It is one of the leading hospitals for medical advances; it was the first hospital in the world to perform the first male-female sex reassignment surgery and it was here that the Nobel-prize winning discovery of restriction enzymes was made which was the birth of the genetic engineering industry.
According to its ranking, the Johns Hopkins Hospital is in the top five for 15 out of 16 specialities and ranked number one for the practices of gynaecology, neurology and neurosurgery, urology, and rheumatology.
2. Largest hospital – Chris Hani Baragwanath Hospital, Johannesburg, South Africa
The 172 buildings of the Chris Hani Baragwanath Hospital cover a ground area of 173 acres and provide 2,964 patient beds, making it the largest hospital in the world. The hospital serves 3.5 million people in the Soweto area of SA, provides 50 percent of hospital services in Southern Gauteng and employs 5,000 members of staff.
3. Medical advances – Stanford Hospitals and Clinics, U.S
The Stanford Hospitals and Clinics are one of the leading hospital groups for medical advances and pioneering treatments. They performed the first successful heart-lung transplant in the world and the first successful adult heart transplant in America. The hospital is known across the globe for incorporating medical breakthroughs into the care of its patients.
4. Children’s hospital – Great Ormond Street Hospital, London, UK
Founded in 1852, Great Ormond Street Hospital was the first hospital in the English-speaking world to provide services specifically for children. It is now one of the world’s leading children’s hospitals, becoming internationally famous after receiving the copyright to J.M Barrie’s play Peter Pan on the understanding that the amount of royalties earned is never disclosed.
5. Cancer care and treatment – University of Texas MD Anderson Cancer Center, Houston, U.S
This hospital has been named as the top hospital for cancer care in the U.S News and World Report seven out of the past nine years. It quickly transfers the groundbreaking scientific knowledge discovered in its laboratory to its clinical care practices. In 2010 the hospital invested more than US$547 million in cancer research.
6. Medical training – Harvard Medical School, Boston, U.S
Arguably one of the best medical schools in the world, Harvard Med is famed for its levels of research and primary care which are greatly enhanced by its annual budget of US$600 million. Its mission is to ‘create and nurture a diverse community of the best people committed to leadership in alleviating human suffering caused by disease’.
7. Environmentally friendly – Karolinska Hospital, Stockholm, Sweden
In one of the biggest construction projects in Europe, renovations at the 70-year-old Karolinska Hospital are costing €1.8 billion. Opening in 2016, the promised product is ‘the world’s most environmentally friendly university hospital’, using half the electricity of the existing hospital which will be sourced from wind turbines and solar panels.
8. Rehabilitation – The Priory, UK
Famed mostly for its A-List clients, The Priory is Europe’s leading provider of rehab facilities. With over 60 outlets across the UK, is offers first-class treatment for addiction, mental health conditions and psychological and psychiatric services. Upon leaving The Priory, 96 percent of patients said they were ‘very satisfied’ or ‘satisfied’ with the treatment they received.
9. Medical tourism - Bumrungrad International Hospital, Bangkok, Thailand
A world famous destination for medical tourism, the Bumrungrad International Hospital treats more than 400,000 medical tourism patients every year. Patients can receive internationally acclaimed medical procedures in a luxurious setting that rivals a five-star hotel. Bumrungrad even has an in-house travel agency to organise Visa extensions and interpreters to serve the needs of international patients.
10. Most luxurious hospital – Cedars-Sinai Medical Center, Los Angeles, U.S
This hospital is a favourite with celebrities. The eighth floor boasts 32 ‘Super Deluxe Suites’ with views of the Hollywood Hills and cost US$912 each. Patients can admire original paintings by Picasso and have food prepared by a gourmet chef. There are four luxurious OB suites which are reserved by celebrity mums as soon as they conceive.
- Johns Hopkins Hospital picture: Maxwell Boam
- Stanford Hospital picture: Courtesy of Stanford Hospital and Clinics
Top 10 healthcare innovations for 2019
We take a look at some of the top 10 healthcare innovations which are transforming the sector
The telehealth market is booming. Consumers are leading increasingly busy lifestyles, with up to 60% favouring digitally-led services. Providing clinical care at a distance, increasing accessibility and eradicating potential delays has given patients greater control, boosting patient satisfaction and overall engagement. Such is its exponential growth, The Centers for Medicare and Medicaid Services in the US has recently released its proposed Physician Fee Schedule and Qualified Payment Programme updates for 2019, where telehealth services has been heavily featured, in order to deliver ‘different access points’ for patients.
9. Mobile technology
Consumers have become accustomed to accessing their data through the use of various digital tools, where the use of mobile and tablet health apps has tripled from 13% in 2014 to 48% today. Catering to this growing market, British based start-up Babylon Health is making waves on a global scale. Partnering with the National Health Service (NHS) and private health provider, Bupa, it has also cemented its presence across the flourishing Chinese market, with a membership base exceeding 1.4mn citizens across Europe, Asia and Africa. By partnering with global juggernaut Tencent, Babylon’s artificial intelligence system has enabled both parties to interact directly with users, identify specific illnesses, deliver health status assessments, and triage necessary actions. The mobile app is available to over a billion users and linked to more than 38,000 medical facilities in China alone.
8. Artificial intelligence
Artificial intelligence (AI) applications, such as predictive analytics for patient monitoring has provided significant financial savings. Applications that target hospitals and medical institutions include patient monitoring and transcribing notes for electronic health records (EHRs). The European Union is set to invest $24bn into artificial intelligence (AI) by 2020 in a bid to catch up with Asia and the US, who have invested heavily in AI and cloud services. This year, Google revealed its plans to harness AI and machine learning across a multitude of consumer technologies, particularly in healthcare. “If AI can shape healthcare, it has to work through the regulations of healthcare. In fact, I see that as one of the biggest areas where the benefits will play out for the next 10-20 years,” Google CEO Sundar Pichai has previously stated.
Blockchain is estimated to reach over $5.61bn by the end of 2025, even though it remains dependent on the ability to record and store information conveniently, economically and securely amongst different applications and systems. Providing transparency and eliminating third-party intermediaries, processes are streamlined, reducing healthcare costs exponentially. Unlocking the ability for providers to deliver a value-based healthcare system and enhance patient engagement, blockchain could save the industry up to $100-$150bn per year by 2025 in data breach-related costs, IT costs, operations costs, support function costs and personnel costs, according to BIS Research. Partnering with pharmaceutical giant GlaxoSmithKline (GSK), Ethereum blockchain-based supply chain platform, Viant sought to accelerate the pace of blockchain-based supply chain systems. Accenture and supply chain giant DHL have also developed a blockchain-based serialisation prototype which tracks pharmaceuticals from the point of origin to the consumer.
6. Health wearables
With the rise of lifestyle diseases, such as diabetes, more consumers are turning to health wearables that monitor glucose, heart rate, physical activity and sleep to gain a greater understanding of their health conditions. Following on from the release of the first Bluetooth headset back in 2000, the growing interest in wearables has seen monitoring our health and data become standardised. This data can be analysed by sophisticated algorithms to drive long-term diagnosis and support. Partnering with Google, health wearables company Fitbit is exploring the development of consumer and enterprise health solutions. Its acquisition of HIPAA-compliant health platform, Twine Health has seen the business enhance its clinical services by bringing on board a coaching platform, empowering people to seek better health outcomes.
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5. Electronic health records tools
From 2018-2022, the electronic health records (EHR) market is expected to grow at a compound average rate of 6% per year Providers and organisations continue to house fragmented technologies which create barriers towards collaboration and data sharing opportunities. This is further exacerbated if a patient straddles both public and private healthcare. Technology giant Apple has integrated patients’ medical records into its Health App as part of its iOS 11.3 beta. The data is encrypted and protected with the user’s iPhone passcode. Partnering with hospital providers and clinics, patients are now able to view their medical records from multiple providers within one platform. Johns Hopkins Medicine, Cedars-Sinai, Penn Medicine, UC San Diego Health and even the Cleveland Clinic have implemented this technology.
4. Healthcare transportation
Non-emergency health transportation remains a key issue worldwide, preventing patients from getting to or from a doctor’s appointment. 25% of lower-income patients have missed or rescheduled appointments due to lack of transportation, costing US health systems up to $150bn each year. Transportation companies such as Lyft and Uber have therefore entered the market by partnering with state governments to reduce these costs and deliver personalised patient care.
3. 3D Printing
Healthcare providers are set to represent the second largest industry sector in 3D manufacturing. The Food & Drug Administration’s decision to release its first comprehensive framework advising manufacturers of 3D medical products highlights its growing impact where more than 100,000 knee replacement surgeries are completed each year using 3D-printed, patient-matched surgical guides, for example. Through this process, surfaces and structures can be optimised for strength, weight and material use. Consultation between surgeons and patients has also been bolstered, where patients can better understand the complexity of his or her specific needs.
As consumers get more involved in the management of their health, consumer genetics and research companies have grown in popularity and scale. People want to further understand their genetic makeup, leading personal genomics and biotech company 23andMe to become one of the largest consumer-based organisations worldwide. Interestingly, this year, the company has entered a four-year collaboration with GSK to develop new treatments, but using human genetics as the basis for discovery.
Not only looking to develop treatments by analysing human genetics, pharmaceutical companies are looking to even remove hereditary genes which pass diseases down generations. In 2017, human embryos were successfully ‘edited’ through gene editing tool, CRISPR (Clustered, Regularly Interspaced, Short Palindromic Repeats), eradicating hypertrophic cardiomyopathy within 42 embryos.
1. Vertical integrations
As healthcare providers aim to provide greater transparency, promote collaboration and lower escalating patient costs, 2018 has been the year for a significant number of vertical integrations. CVS Health’s $68mn takeover of health insurer Aetna is a case in point. By influencing more of the supply chain, it will gain significant negotiating power to reduce costs for payers and patients, develop personalised solutions and improve overall outcomes. It will also promote the eradication of delays in process by removing any third parties within traditional business models. Other notable integrations are Optum’s acquisition of the DaVita Medical Group, Humana and Kindred Healthcare and Cigna and Express Scripts.
Reports have indicated that not only has the number of healthcare deals more than doubled in the last five years, the size of deals has also grown as a result of repeat investor interest, highlighting that this trend is here to stay.