Friday, July 18, 2014

Kallo, Inc. (KALO) Crosses Borders with Footing in Global Medical Tourism Industry

Facing the rising, ominous costs of out-of-pocket medical costs, more and more people are crossing borders to receive both critical and elective procedures. Patients Beyond Borders (PBB), a consumer resource dedicated to covering the worldwide “medical tourism” market, estimates that an astounding 1.2 million Americans will travel outside the U.S. for medical care this year.

The destination for these international healthcare seekers is most often Costa Rica, India, Israel, Malaysia, Mexico, Singapore, South Korea, Taiwan, Thailand, Turkey and the United States, where cost-savings can average up to 80% on a variety of procedures from cosmetic surgery to cancer treatment.

Medical tourism is still growing its roots, though PBB calculates that the market size is already budding at $38.5 billion-$55 billion based on 11 million patients spending an average of $3,000-$5,000 per visit, including medical, transport and accommodation costs.

Medical facilities around the world are reaping the fruits, as are companies wise to the range of opportunities birthed by international medical travel. With offices in the United States and Canada, Kallo is one such company.

Kallo has established a portfolio of technology (four of which are copyrighted) and services that address common healthcare and business issues faced by the world’s ministries of health, hospitals, physicians and other healthcare organizations.

The company’s CygnaMed™ bi-directional software solution caters specifically to the medical tourism market, providing a platform for ministries of tourism and ministries of health to promote medial tourism in their respective country. For the medical tourist, CygnaMed brings peace of mind. The software is designated for standardizing clinical processes and treatment protocols, addressing patient concerns and ensuring continuity of care regardless of location.

As international medical travel continues to grow, Kallo has demonstrated its ability to recognize, react and capitalize on global healthcare trends.

For more information visit www.kalloinc.ca

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