The Global Health Care Trend: Innovations in Lowering Health Care Costs
The healthcare industry has entered a time of dramatic transformation, fueled not only by the aging population, but also by the availability of new medical and information technologies and medical services. As healthcare costs for premiums, deductibles, and co-insurances continue to rise and the financial burden continues to shift from the employer to the employee, there is now more than ever, a need to provide access to low cost, high quality alternatives that embrace a consumer-directed model. Medical travel, whereby patients travel outside the U.S. to receive medical care at a fraction of the cost, can provide an additional choice of providers, and engage and reward consumerism within the scope of the existing medical benefit plan. With high quality healthcare available outside the U.S. and thousands of dollars in out-of-pocket expenses that employees who need surgeries can save, medical travel is becoming an attractive option for many U.S. employers.
Steven Lash
Steven Lash is the Founder, President & CEO of Satori World Medical, the leading global healthcare company that provides employers, health plans, plan sponsors and employees the opportunity to access world class quality healthcare at a fraction of the cost. Steve developed the Business Plan in the summer of 2007 and raised several million dollars of angel funding and opened an office in San Diego in April 2008. From inception through December 2008 he hired an outstanding management team, performed multi day on site due diligence of the hospital and physician network, executed agreements, filed a patent on the company’s business model, developed the policies, processes and methodologies to provide a one stop shop, all inclusive service offering to plan sponsors. The Company started sending patients internationally for care in January 2009.