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Satori World Medical’s Innovative Healthcare Savings Patent


By: 
Date: March 9 2012

San Diego, CA – March 9, 2012Satori World Medical, a leading medical travel company, is pleased to announce that U.S. Patent Application No. 12/172,941 titled, “Satori Integrated Health & Financial Benefits System and Method” received its Notice of Allowance from the U.S. Patent & Trademark Office on March 1, 2012. The patent covers various implementations of systems and processes known as the Health & Shared Wealth Program, which calculates the savings generated, as well as the sharing of the savings when a patient selects the Satori Global Network™ versus a U.S. based hospital and physician for a surgical procedure.
 
Satori’s Health & Shared Wealth Program supports organizations by lowering their cost structure for health benefits while at the same time providing their employees with a new, highly-valued benefit option at no cost to the plan sponsor or employees. The Program also allows the employer to share the financial benefit of global healthcare. Due to this patent allowance, Satori World Medical is the only global healthcare network that can offer sharing of savings which includes a 100% medical benefit to patients that choose to have surgery from the Satori Global Network™.
 
“While high quality of care and patient service is a driving factor to receive medical treatment internationally, it cannot be ignored that the financial savings generated can be a benefit  for both the patient and his/her health insurer or self-insured employer. This patent, unprecedented in the medical travel industry, qualifies and quantifies that financial savings potential, further differentiating Satori in the medical travel industry”said Steven Lash, President and CEO, Satori World Medical.
 
Satori’s patented model provides several methods of sharing savings. Of most significance, the program waives all co-pays, deductibles and/or co-insurance—making the selection of the Satori Global Network™ a 100% medical benefit for the patient. In addition, the program allows several methods where the savings that is generated can be shared on a cash basis between the patient and the plan sponsor.
 
Patent prosecution was performed by the law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
 
About Satori World Medical:
Satori World Medical provides access to its global network of board-certified doctors and international centers of excellence through a high-quality integrated program, which is easily added to any health plan, reducing the costs of surgical procedures by an average of 40-80 percent when compared to the same procedures performed in the U.S. Its program is 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.
 
Satori World Medical has done extensive due diligence on hospitals and physicians to find the best the world has to offer. Its network features hospitals that meet or exceed U.S. standards of care, are accredited and monitored regularly by Satori on the quality of care delivered.
 
For more information about Satori World Medical, call +1 (619) 704-2000 or visit at http://www.satoriworldmedical.com



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