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www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 1 GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019

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Page 1: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 1

GLOBALIZED HEALTHCAREMEDICAL TOURISM: GOING BEYOND LOCAL

Pramod GoelCEO & Founder

GLOBAL MEDICAL TOURISM

2019

Page 2: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 2

Continuous

INNOVATIONis key to

success in

Healthcare

Globalization… Innovation… Competition

Page 3: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 3

Medical Tourism History

Ancient Times

EuropeThermal Waters, Ayurveda,

Wellness Resorts

1900s - 2000

Western WorldTechnology, Innovations

2000 - Now

Asia, Eastern Europe,

Latin AmericaCost, Availability

Page 4: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 4

PlacidWay Global PresenceGlobal Medical Tourism Trends

people travel GLOBALLY for medical reasons

Page 5: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 5

Medical Travel REASONS

Source: PlacidWay Global Consumer Survey

Price1Technology2Second Opinion3Unavailability4Quality5Facilities6

Page 6: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 6

Medical Procedures DEMAND

Source: PlacidWay Global Consumer Survey

Cancer

Page 7: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 7

Solution:

Case Study: Dental Tourism

Why?

✓ 120 Million Americanwithout dental insurance

✓ Those with insurance high out of pocket cost

Where?✓ Latin America✓ Across the border and

touristic destination

Consumer Concerns:✓ Quality✓ Credentials✓ Hygiene✓ Safety

Benefit?

✓ Cost ReductionEx: 4 Implants cost around $15,000

in US vs $6,000 in Latin America

Risk Mitigation:✓ Research✓ Detailed Analysis

DentalTourism

Page 8: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 8

Solution:

Case Study: Stem Cell Tourism

Why?

✓ No hope diseases, chronic diseases✓ New Technology availability

✓ Limited local options

Where?✓ Worldwide: Americas, Europe, Asia

Consumer Concerns:✓ Quality✓ Credentials✓ Hygiene✓ Safety

TourismStem Cell

Applications:✓ Neurological✓ Autoimmune✓ Orthopedics/Spine✓ Anti-aging/ Rejuvenation

Risk Mitigation:✓ Research✓ Detailed Analysis

Page 9: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 9

Case Study: Why

CostTrendPerceptionSpecialization

BeautyTourism

Benefit?

✓ Cost ReductionEx: Breast Augmentation $7500 in

US vs $3800 in Mexico

Risk Mitigation:✓ Research✓ Detailed Analysis

Where?✓ Latin America✓ Across the border and

touristic destination

Consumer Concerns:✓ Quality✓ Credentials✓ Hygiene✓ Safety

Page 10: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 10

Solution:

Case Study: Cuba

Why?

✓ Cost ✓ Availability

Where?

✓ CUBA

Consumer Concerns:

✓ Travel Restrictions ✓ Credentials✓ Hygiene✓ Safety

Applications

Risk Mitigation:✓ Research✓ Detailed Analysis

Cuba HealthTourism

✓ Lung Cancer✓ Diabetic Foot✓ Addiction

Page 11: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 11

Case Study: Why

CostAvailabilityTrendTechnology

WhereLatin AmericaEastern Europe

FertilityTourism

Consumer Concerns:

✓ Immigrations ✓ Credentials✓ Hygiene✓ Safety

Risk Mitigation:✓ Research✓ Detailed Analysis

Benefit?

✓ Cost ReductionEx: IVF Cost in US $15,000 vs $5,700

in Mexico

Page 12: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 12

Case Study: Wellness Tourism

Why?

✓ Preventive Medicine✓ Holistic Approach✓ Trend

Where?

✓ Worldwide: Americas, Europe, Asia

Consumer Concerns:✓ Culture✓ Travel✓ Hygiene✓ Safety

Applications✓ Healing Waters

✓ Ayurveda✓ Chinese Traditional Medicine

Risk Mitigation:✓ Research✓ Detailed Analysis

Solution:

WellnessTourism

Page 13: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 13

Global Medical Tourism INFLUENCERS

ECONOMICSREDUCE COST

CULTUREADAPTATION

SPECIALIZATIONCOMPETITION

DESTINATIONREPUTATION

SOCIAL MEDIAINFLUENCER

TECHNOLOGYINNOVATIONS

TAN

GIB

LEEM

OTI

ON

AL

Page 14: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 14

PlacidWay’s Global Healthcare Vision

Local is limited… Global is limitless

Creating world’s largest healthcare network Find hidden global healthcare solutions

and make them mainstream

Give consumers most diversified healthcare choices…

From traditional medicine to latest technological innovations to alternative medicine

Propel global innovation through collaboration

across supply chainIntegrate patients, providers, and suppliers in a borderless system

Page 15: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 15

Global Destinations

Page 16: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 16

Comprehensive Treatments

Page 17: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 1717

Deep Knowledge Base

Page 18: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 18

Medical Tourism Program

Medical Tourism

Destinations

Knowledge

Service

Tourism

Medical Centers

Int’l Standards

Customers

Destinations

Self-Confidence

Experience

Global

Cost

Customized

Explore

Health

Page 19: GLOBALIZED HEALTHCARE - Microsoft · GLOBALIZED HEALTHCARE MEDICAL TOURISM: GOING BEYOND LOCAL Pramod Goel CEO & Founder GLOBAL MEDICAL TOURISM 2019. ... Medical Tourism Destinations

www.placidway.com | PlacidWay: Integrating Medical Travel Value Chain| © 2018 PlacidWay, LLC 19

Pramod Goel

PlacidWay+1.303.317.3607

[email protected]

WWW.PLACIDWAY.COM