ITIC Americas: An Introduction to the Colombian Health System

Beginning with an introduction to ANDI, Carlos Eduardo Jurado Moncayo, Executive Director – Health Chamber, National Business Association of Colombia (ANDI), explained that the chamber represents 183 members who represent 31% of the health sector in Colombia – representing the private sector only.

It has more than 30 members, including hospitals, clinics, laboratories and home care facilities. The aim is to promote the growth of hospitals and clinics in international scenarios and ensure the financial viability of the sector through public-private partnership to promote specialized medical services to the international community.

Next, Carlos discussed Colombia’s main health indicators, including the government’s universal health insurance coverage in its various forms – whether subsidized or not. With more than 58,000 beds, the country has recently seen an increase in the number of intensive care beds due to the pandemic.

The competitive advantages of the Colombian health sector include recent national investments in technology and infrastructure, doctors with international qualifications and high quality standards.

The performance of the country’s medical tourism sector is boosted by a variety of popular treatment services, including curative and preventive medicine, cosmetic treatments, inspired wellness and more. In addition, the development of the sector has been supported by the continuous advances in electronic medical services such as telemedicine and a close alliance between Colombian hospitals and those in other countries. It is currently the first in Latin America and ranks 10th in the medical tourism index, according to the Medical Tourism Association. There are 26 Colombian clinics and hospitals among the 61 best in Latin America in 2021, five of which are accredited by Joint Commission International.

Competitive advantages of the Colombian health sector include recent national investments in technology and infrastructure, doctors with international qualifications who have studied and worked in different countries, and high quality standards. All of these have been supported and developed by an increasing amount of foreign direct investment in the country’s healthcare sector, with international companies like United Healthcare, QuironSalud and Khiron Life Science Corp in Canada opening the first clinic for the treatment of cannabis diseases in Colombia.

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