Saturday, November 20, 2010

Brain Drain on US Health Care

I received this in the mail last night. The email may be phishing but even so may foreshadow events to come. More and more Americans are choosing overseas hospitals for major surgical solutions rather than risking bankruptcy here in the US. This is not an overstatement. Between the lines in this schema lies a promise of a brain drain with US doctors and nurses migrating to Europe or where ever for salaried positions in a more relaxed and scientific atmosphere --- without so much of a threat of being sued.
None of the present health-care proposed solutions takes into account the complete paradigm change in our understanding of disease --- developing in the genetics and bio-medical laboratories. The translation of this new information to clinical medicine requires mass population screening in order to equate the genetic tags with disease. We now know much but there is far more to learn. Europe is way ahead of us in these screening projects with multi-national databases. We lag far behind in these screening efforts.
CERN, in Switzerland attracts many US physicists. European medicine may soon do the same for US doctors and nurses -- especially if the patients follow. Ah -- globalization.

FW: Global Heath Care Network -- Opportunity From: Robert Davis MD - MedRe Partners [mail to:rdavis@transactors.com]
Sent: Sunday, October 18, 2009 6:32 PM
To: clancy@hughesair.com
Subject: Global Heath Care Network -- Opportunity
:
The company is looking for between $5MM and $10MM.
We have an exciting opportunity with a employer-sponsored, consumer-choice global healthcarenetwork. The network provides individuals, employers, and payers with world-class health care. The company provides the world's first global health care network specifically designed to deliver high quality health care services, share the tremendous cost savings with plan sponsors and their employees and coordinate all medical and travel services for individuals who need care. Typically the costs for a major surgical procedure will be 40-80% less than that of the US, with the same or better quality doctors, and no deductible to the patient. The company's program offers a 100% medical benefit.Patients are not going to have any financial difficulties as a result of requiring an expensive surgical procedure.
The company has assembled a network of Joint Commission International (JCI) accreditedInternational Hospitals with departments designed to cater to U.S. patients, staffed by U.S./U.K. or equivalently trained and board certified physicians and nursing staff that are English speaking. The network hospitals are "the best of the best." The company has implemented a U.S. payer style contracts with all their international providers. They have contractually obligated all of our providers to participate in ongoing quality audits, monitoring, credentialing and quarterly reporting. Their contracts recognize the US payers' regulatory obligations. Their agreements have industry leading pay-for-performance provisions as well as the requirement that all health care personnel that touch our patients speak English. Among their many contract innovations, the pricing of the surgical procedure is bundled (all inclusive - hospital, physician, ancillaries) and negotiated as a fixed price case rate. They in turn provide a single bill to the payer , which is in US Dollars and is for the total expense including their fixed price case rate, all travel and hotel costs, their mark-up for overhead and profit, and a Personal Accident Insurance Policy for each patient.
The company has recruited a management team with over 120 years of leadership experience in health care services. Additionally, the company has established a leading group of advisers for our various Boards with over 275 years of successful health services entrepreneurship, medical management, patient care, benefits, health plan leadership, government and public policy leadership.
Please call me on my mobile at: 702-416-8678 or send me an e-mail at: rdavismd@medrepartners.com
Robert Davis MD, Managing Partner
MedRe Partners
rdavismd@medrepartners.com
www.medrepartners.com
702-436-3435 (office)
DISCLAIMER: Sender is not a United States Securities Dealer nor Broker nor US Investment Adviser. Sender is a Consultant and in some instances a Private Investor. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents you, as the Recipients, hereby acknowledges this warning and disclaimer. If acknowledgment is not accepted, Recipients must return the document copies, in their original receipt condition, to Sender via postal services immediately.

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