Thursday, September 22, 2011

Global Health Voyager, Inc. (GLHV) Executes MOU to Purchase Assets of PlanetHospital

On Wednesday, Global Health Voyager, Inc. announced that they entered into a Memorandum of Understanding (MOU) on September 1, 2011 with PlanetHospital (PH) to acquire all the PlanetHospital assets from Healthcare International Network, LLC. Terms of the transaction, a pure asset purchase with no ties to any existing liabilities, were not disclosed. The expectation is that the deal will close on or before October 1, 2011. GHV is a full-service, web-based, medical tourism facilitator. PH is the largest medical travel facilitator in the U.S.

Ali Moussavi, GHV president and CEO, said, “We are extremely pleased to welcome Rudy Rupak, founder and CEO of PlanetHospital, to the GHV management team as the president of the PlanetHospital division. Rudy is internationally recognized as an industry pioneer, enjoys high visibility in the marketplace, and provides a strong voice for the medical tourism community. He will play an important leadership role in advancing our global positioning and driving GHV business objectives.”

Ali Moussavi points to the significant value of combining a public entity with the high-profile PlanetHospital brand, adding, “Founded in 2002, PlanetHospital captured first mover advantage with the introduction of a medical tourism platform that offers Americans options for accessing high quality healthcare treatments outside the United States at significantly lower costs. The Company quickly captured the attention of national and international media, generating wide consumer interest in its programs. Self-insured employers, insurers, third party administrators and other intermediaries also rely upon the PH platform for offering employees a medical travel benefit.”

Rudy Rupak, Founder and CEO of PlanetHospital, commented, “I am delighted that PlanetHospital is finally going to be a listed company. This is not an exit strategy for us, but rather an opportunity to really grow the business aggressively and take it to the next level. Expect great things.”

Headquartered in Beverly Hills, California, GHV is a full-service medical tourism facilitator. The Company offers access to a global network of highly accredited facilities and providers to patients looking for healthcare, surgical, dental, and wellness procedures. GHV is a one-stop medical tourism resource. They provide consumers, employers, payers and other intermediaries the ability to choose and access information about a broad spectrum of destinations, hospitals, procedures and services from one convenient location. The Company, via established relationships with international providers, has already done the groundwork to verify the accreditation and experience of the provider organizations they offer.

For more information visit: www.globalhealthvoyager.com

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