Photo - Mount Sinai medical tourism india
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Mount Sinai medical tourism india

Medical tourism

India
Market: Medicine
Stage of the project: Prototype or product is ready

Date of last change: 27.12.2017
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Idea

We are creating a platform which will help all patients to find right doctor and right treatment without wasting time and money . This project will increase medical tourism of Indian by 20% in next 3 yrs and improves Indian health standards

Current Status

I am working on this project for last 16 months with 50 other doctors who are part of this project . We completed our website. all promotional work and field work is planned , already 50 doctors are part of this project and once the project is implemented 600-900 doctors will be part of this revolution.
My project is ready for implementation.

Market

Total medical tourism market was 8 billion $ in 2016 and global medical tourism market was 10000 billion $ in 2016.
In 2016 total patient came to India for treatment are around 200000 .

Problem or Opportunity

I am a full time working doctor and I need a team of 8-10 individuals from different professions like blog writer, field worker, call centre etc.. except medical because we have a team of doctors who knows patient care and treatment
I need a team to implement this project or money to hire people.

Solution (product or service)

This project is symbiosis, we will save 2000-5000 $ for each patient who is planning treatment in India and we also make money for treating doctor and hospitals
We also help our hospitals to improve health standards and patient care through our guidelines

Competitors

In India this business is handled by translators or interpreters who knows native language but they don't have any idea related to medicine and patient care
We are creating a global platform for medical tourism with online presence and starting this project from India

Advantages or differentiators

We are team of doctors who understand the patient need and only we can differentiate between better and best doctors of India.
We also provide new treatment modalities and prompt research to increase our health standards and treatment outcomes.

Finance

I am investing my own money from my job and took 8000$ from my dad for my website

Business model

As a doctor I can't present my idea on paper but I can explain everything related to market , how this project work , profit, investment and outcome.

Money will be spent on

We need Money to hire a team to implement this project and 30% money will be used for promotion , we are not looking for paid advertisements, we are creating our own global Heath and research group.
This project will permoted as an awareness.
5 % of money will be spent on office and other basic needs

Offer for investor

I m offering 20% equity in my company , I am also ready to do royalty deal but this will decrease the equity

Risks

It's a service based company it won't need much money to start and each patient will give us good amount of money so it's self sustainable businesses but need little push initially

Incubation/Acceleration programs accomplishment

This project is completely ready to implement except need a team to do so
Website is completed

Won the competition and other awards

Just completed my website like 3 months back and waiting to represent my project
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation