Consumers For Health Care Choices: Tony Miller, Pioneer in Benefit Design

Tony Miller co-founded Lemhi Ventures in 2006 to build the capital base and value added approach of forming and helping companies continue to advance the marketization of the healthcare industry. Additionally, Mr. Miller is part of the leadership team at Carol Corporation, a Lemhi Ventures Portfolio company. Mr. Miller serves on the Boards of VisionShare, and Carol Corporation. Prior to founding Lemhi Ventures, Mr. Miller was a co-founder and CEO of Definity Health, a national market leader in consumer-driven health benefit programs, which was sold to UnitedHealth Group in 2004.

Medical Tourism – Curtis Schroeder, CEO Bumrungrad International

Ruben Toral sits down with Curtis Schroeder, CEO Bumrungrad International, a Bangkok Thailand hospital that has been around for 28 years and was one of the early movers in medical tourism.

Bumrungrad treats about 450,000 medical tourists per year from 190 countries and is in the process of expanding. It currently has 73 clinics in 7 countries.

Bumrungrad International was the first Joint Commission International Accredited Hospital in the world. The JCI accreditation created a beachhead in Asia for medical quality. The fact that a Thai hospital was the first to receive the JCI accreditation came as a surprise to many within the global health care and hospital communities.

The JCI accreditation helped establish a sense of credibility for foreigners to travel to Asia, and Thailand specifically, for medical care. Foreign tourists, Insurers, Embassy employees, and Self-employed employers rely on third party validation rather than a flashy brochure or web site to make decisions. So the JCI has played an important role in the growth of medical tourism.

This interview was filmed at the Consumer Health World Conference in Washington DC. Click here to watch all interviews from the Conference. Click here to purchase conference multimedia.

Overview of Medical Tourism

In this Medical Tourism session, titled The Globalization of Healthcare-How International Networks Can Ease the US Burden, the panelists explore the perception of medical tourism in the US and the future of medical tourism in the context of a national and global health care crisis.

Medical Tourism is like a Toyota Corolla – a new approach to health care, an innovative product with mass market appeal, valued for high quality affordable pricing, and delivered through a global seamless network. That is the promise of medical tourism, a quality service that everyone can access globally at an affordable price.

But what is the reality? The 1975 Toyota Corolla was perceived as a low end automobile when it entered the US market. But this was the spearhead for Toyota into the US market and the beginning of a dramatic change in the US automotive industry. Today, in overseas healthcare, there is a foreign product trying to penetrate the US market, riding on the back of a crisis. Today the crisis is a health care crisis. In 1975 the crisis was the oil shock of the early 1970s. Medical Tourism, like the early Corolla, appeals to a fringe segment of the US population and is perceived as cheap, rather than good, with a limited sales and service network. This is version 1.0 of medical tourism – interesting but fragmented, signaling change but not adopted by the mass market.

Is medical tourism version 1.0 of a new health care model? Where is medical tourism going & what are the forces driving it?

Experts provide insight into the mega-trends behind medical tourism & how this consumer-driven initiative is creating a new, global platform for the delivery of lower cost healthcare

Moderator
Ruben Toral, CEO, MedNet Asia

Ceani Guevara, Engagement Manager, McKinsey & Company
Paul Mango, Director, McKinsey & Company

This video is from Consumer Health World.

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The Digital Health Revolution – Organized Wisdom

In this episode we are joined by Unity Stoakes, cofounder of OrganizedWisdom.com. Stoakes’ company recently relauched as a “human powered” health-focused search engine. Interestingly, rather than taking aim at search giants Yahoo! and Google, Stoakes has focused on partnering with these companies in a bid to make them more useful and relevant to people looking for health-related information online. Stoakes discusses why OrganizedWisdom changed course and the impact of online search on patients.

The Digital Health Revolution is a biweekly WebTV show featuring the people who are using and making the digital technologies that are reshaping health around the world. Join host Fard Johnmar every two weeks to explore the people and technologies reshaping healthcare.

ScribeMedia is a convergent media company that helps organizations in health care, media, technology, and cleantech develop and execute new media strategies. ScribeMedia develops Web-based software applications such as social media platforms, live video webcasting tools, e-learning applications, and contest web sites. ScribeMedia produces media such as concerts, conferences, documentaries, TV and WebTV shows. ScribeMedia helps customers reach their target audience in new and engaging ways.

To view all episodes, please visit the Digital Health Revolution home page.