Medical Tourism Business Plan

Medical Tourism Business Plan-1
Patients will want to deal with someone who is reliable, knowledgeable and supportive.While it is a valid idea for a business, a medical tourism facilitator has to make a substantial investment in time and money before signing up patients.

Patients will want to deal with someone who is reliable, knowledgeable and supportive.While it is a valid idea for a business, a medical tourism facilitator has to make a substantial investment in time and money before signing up patients.While you have to offer substantial savings to draw in customers, the demonstrated quality of the medical services you are offering are important as well.

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You should spend significant time researching the qualifications of various hospitals, and may even want to travel to them yourself in order to verify the credentials of the medical facility and staff.

Select hospitals that you would be comfortable at for your own triple bypass, and develop relationships with their financial and admissions offices.

You typically arrange for individualized care and may have the patient escorted, if he desires.

You are in charge of the logistics of getting the patient to the foreign hospital and back, as well as arranging for follow-up care, if it's required. The success of your business depends in part on how seamless your arrangements are in relieving the patient of the need to worry about how the process works.

Your planning should also let you know whether you need to obtain funding to cover the cost of offices or insurance until your business is profitable.

Get feedback on your business plan from seasoned entrepreneurs or travel agents, or the volunteer counselors at the Service Corps of Retired Executives.Increasingly, that includes both domestic and overseas travel, as significant savings can be found within U. borders as well as in countries like Thailand, India and Costa Rica.If you have a penchant for travel and a great approach to customer service, you may consider starting a medical tourism company. Determine how many customers you can feasibly handle while giving top-quality service to each of them, and what prices you’ll need to charge in order to cover your costs and make a profit.But the business model question is totally different, and the answer to it is very tricky. But perfectly good everywhere else, where the hospitals are interested in medical tourists.2. The company decides what the treatment costs, patient pays the company, the company settles the bill with the hospital. I will give you a list of ways money is made by facilitators (I assume that is what you are asking), and will gladly elaborate should there be a need. The difference is the actual revenue from the case. Because foreign facilities deliver services at reduced rates, you can afford to spend money on a high level of patient support and service, offer substantial savings and still ensure profitability.Bert Markgraf is a freelance writer with a strong science and engineering background.He started writing technical papers while working as an engineer in the 1980s.More recently, after starting his own business in IT, he helped organize an online community for which he wrote and edited articles as managing editor, business and economics.Americans who face high costs for plastic surgery, dental care or medical procedures not covered -- or covered enough -- by their health insurance may be interested in high quality care available at a fraction of the price in foreign countries.They need a facilitator who will present them with the various options for their problem and, once they have made their choice, arrange for the travel, documentation and medical treatment.

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