The Modern Medical Entrepreneur Academy

Orthopedic implants in the United States represent a $20 billion per year industry. Seventy-five percent of the orthopedic implant industry consists of devices that are expired or soon to be expired IP (intellectual property). Typically, when a device has expired IP, manufacturers or their competitors begin to sell it as a value proposition. The reason we allow a company to have patent protection is to reward them for their innovation for a period of time. The orthopedic industry has been successful in never allowing their implants to behave in a normal market pattern. They always have been able to charge full price without letting normal market efficiencies take effect.   The industry points out that they have to pay for R&D and regulatory approvals for their products and so higher prices are necessary to support these ever-increasing expenses. Pharma companies spend about 20 percent of revenues on R&D. Hip and knee companies spend 6 percent. Every drug that...

Mumbai people have diversified culture, multi lingual dialects, generosity in nature & are famous for their hospitality. Mumbai is not only famous as a tourist location but also as corporate destination for IT and Healthcare . Mumbai is a major point of reference for the best healthcare for cardiac problems . The city has the finest health care centres with super speciality services and efficient medical professionals in the field of cardiac care. Both public and private healthcare providers in Mumbai are well equipped with sophisticated medical facilities. Medical tourism in India has also specifically upgraded its terms with more number of people across the cities in India and abroad visiting Mumbai for excellent cardiac care. Moreover patients from abroad choose Mumbai, India for recovering their aliments to heart as MCI provides customized packages of medical tourism for healthcare patients.  Cardiac healthcare is a major issue that involves Open Heart Surgery ,...

Men, women and children fell ill to fever, nausea, pain and bleeding. Death was ubiquitous; each fatality marked by a ringing church bell. The knells soon became deafening. It was 1793 and yellow fever had arrived in Philadelphia. By the time it disappeared that autumn, an estimated 10 percent of the approximately 55,000 city inhabitants were dead. Yellow fever , so named because it causes jaundice, is transmitted by mosquitoes and is common in tropical climates. Scientists believe the disease originated in Africa and was brought to South America through the slave trade. It made its way north to Philadelphia’s port with boats of refugees fleeing political turmoil in the Caribbean. There was also a high concentration of mosquitoes in the summer of 1793, providing ideal conditions for the disease to spread. Armed guards lined the roads leading out of the city, making sure fleeing residents had some place to go. If they did not, they were forced to return to their homes. Th...

A yellow vaccine works by presenting a foreign antigen to the immune system in order to evoke an immune response. You should talk to your family doctor at least two months in advance of your travel to refer you to a suitable travel clinic for proper vaccination. Ideally, you should have a yellow fever vaccine administered at least 10 days before your travel to the country of various  hospitals like orthopedic hospitals If you have any allergy to any medication. It is important to tell about the type of allergy and the related agents in medications. If you are pregnant or planning on becoming pregnant. If you are breast-feeding. If you have had organ transplantation or serious illnesses like cancer or cardiac issues. If you have a weak immune system or serious illness with a fever. Besides being equipped with proper vaccination, as a traveler, you should equip yourself with enough of mosquito repellents to protect from the mosquito bites. Yellow fever can be deadly. It is a kind o...

As we enter our sixth decade of total hip replacement and our fifth decade of total knee replacement, the orthopedic community can take pride in the substantial improvements that have been made in these operations which produce validated improvements in patients’ lives. The incidence of two of the most feared complications of  joint replacement  infection and thromboembolic disease, has been substantially reduced. In addition, the incidence of instability in total hip replacement has decreased significantly, and the length of hospital stays has decreased remarkably for hip and knee replacement. Despite these improvements, there is a real interest by patients for “less invasive, faster recovery” surgery modifications. If one looks at the development of urologic, bariatric and colorectal surgery, all have reduced the use of open surgical procedures in favor of less invasive — and in many cases, more accurate — scope-assisted procedures. In our own...

Before you have a major joint replacement surgery , here are five things you need to know. 1. They don't last forever While artificial joints are more durable than they used to be, the typical patient who gets one today will need another in about 20 years, says Dr. William Maloney, chair of orthopedic surgery at Stanford University School of Medicine. 17 Print Most private insurers and Medicare cover the procedure, but even so, out-of-pocket costs can easily hit $3,000 -- much more if you go out of network. To put off your date with the scalpel, ask your doctor about physical therapy, anti-inflammatory drug treatment, and cortisone shots, which may buy a couple more years for someone with arthritis. And switch to low-impact activities such as swimming rather than jogging, which can lengthen any joint's life span. 2. Expertise is paramount Studies show that patients of surgeons who do lots of hip and knee replacements tend to have f...

By Kelly April, Tribune reporter August 2, 2011 When the Cook County Bureau of Health Services discontinued non-emergency joint replacements more than two years ago, it left many poor people disabled, in pain, unable to work and with few options for surgery. But Operation Walk Chicago , a not-for-profit organization run by two local doctors, is trying to meet that need by offering free joint replacements. Whether it will be enough is the question. April Randle, 47, is excited to ride her bike again. The West Garfield Park woman is one of eight people who received new joints in March through the nonprofit group, in partnership with Norwegian American Hospital in Humboldt Park . After years of suffering from a disabling hip condition that rendered her stationary and forced her to leave her job, Randle is free of hip pain. She is eager to get moving and return to work. Arthritis is the leading cause of disability in the United States, according to the Centers for...

For the past 10 years, Indian cardiac surgeon Devi Shetty has been working relentlessly to drive down the cost of quality cardiac care in India and to make it accessible to the masses. At his Narayana Hrudayalaya chain of cardiac care hospitals, Shetty offers heart surgeries at a fraction of what it costs across the world. The cost savings have been achieved through what he terms “process innovation. ” Shetty is now looking to take this service model outside India with a 300-bed hospital in the Cayman Islands. Over time, the facility is expected to expand to a 2,000-bed multi-specialty hospital. Talking recently to economic daily, Business Standard , Shetty said: “The Cayman Islands is an hour’s flight from the U.S. We intend to offer cost-effective treatment for the citizens of the U.S. and also for those who are under-insured. We will also cater to the local population.” Shetty is now looking at creating a presence in Malaysia. With spirali...

The tool kit developed by 3M provides practical solutions to achieve and sustain infection-free care. It is targeted at all levels of hospital staff. The collaboration with JCI provides a way to increase patient safety by promoting compliance to Standards & Recommended Practices. The educational program focuses on leadership role to prevent infections in the operating theatre which would also cover phases of preoperative, intraoperative, postoperative, management of surgical items to prevent infections, maintenance of Safe Operating Theatre Environment and sustain changes in Surgical Infection Prevention Practices. “The new Education Tool kit reinforces 3M’s long term commitment to spread awareness and education about infection and its control. The growing consciousness towards quality and hygiene is prompting the medical industry to learn about best practices in healthcare-associated infections and we believe that we are well placed to serve these needs,...

Shoulder replacement surgery is an option for treatment of severe arthritis of the shoulder joint Arthritis is a condition that affects the cartilage of the joints. As the cartilage lining wears away, the protective lining between the bones is lost--when this happens, painful bone-on-bone arthritis develops. Severe shoulder arthritis is quite painful, and can cause restriction of motion. While this may be tolerated with some medications and lifestyle adjustments, there may come a time when surgical treatment is necessary. What are the symptoms of severe arthritis of the shoulder? Common symptoms of shoulder arthritis include: Pain with activities Limited range of motion Stiffness of the shoulder Swelling of the joint Tenderness around the joint A feeling of grinding or catching within the joint What treatments are available for shoulder arthritis? There are much more simple treatments for shoulder arthritis that should be tried before considering shoulder replacement surgery. Because...

Yellow fever is a viral disease transmitted by mosquitoes in parts of Africa and South America. Vaccination is safe and effective and is a legal requirement for people travelling through infected areas. Avoiding mosquito bites is also recommended to reduce the risk of catching yellow fever or other mosquito-borne diseases.   The symptoms of yellow fever The first symptoms of yellow fever appear three to six days after exposure to the virus. They include: Fever Nausea Vomiting Flushed face Constipation Stomach ache Headache Muscle pain Restlessness and irritability.   Mild cases of yellow fever end with the above symptoms. In severe cases, there may be a remission from these symptoms for several hours or days. The fever then returns and the patient develops the classic symptoms of jaundice (yellow eyes and skin) and black, ‘coffee-ground’ vomit. This can be followed by coma and death within days.   Requirements and ris...

Yellow fever is a viral disease transmitted by mosquitoes in parts of Africa and South America. Vaccination is safe and effective and is a legal requirement for people travelling through infected areas. Avoiding mosquito bites is also recommended to reduce the risk of catching yellow fever or other mosquito-borne diseases.   The symptoms of yellow fever The first symptoms of yellow fever appear three to six days after exposure to the virus. They include: Fever Nausea Vomiting Flushed face Constipation Stomach ache Headache Muscle pain Restlessness and irritability.   Mild cases of yellow fever end with the above symptoms. In severe cases, there may be a remission from these symptoms for several hours or days. The fever then returns and the patient develops the classic symptoms of jaundice (yellow eyes and skin) and black, ‘coffee-ground’ vomit. This can be followed by coma and death within days.   Requirements and ris...

The hand and wrist have multiple small joints that work together to produce motion. This gives the fine motion needed to thread a needle or tie a shoelace. When the joints are affected by arthritis, activities of daily living can be difficult. Arthritis can occur in multiple areas of the hand and wrist. It can have multiple causes. It is estimated that one out of every five people living in the United States has at least one joint with signs or symptoms of arthritis. About half of arthritis sufferers are under age 50. Arthritis is the leading cause of disability in the United States. It typically occurs from either disease or trauma. The exact number of people with arthritis in the hand and wrist is not known. Cause Cartilage works as nature's "shock absorber." It provides a smooth gliding surface for the joint in the  joint replacement hospitals . All arthritic joints lose cartilage. When the cartilage becomes worn or damaged, or is lost due to disease ...

The hand and wrist have multiple small joints that work together to produce motion. This gives the fine motion needed to thread a needle or tie a shoelace. When the joints are affected by arthritis, activities of daily living can be difficult. Arthritis can occur in multiple areas of the hand and wrist. It can have multiple causes. It is estimated that one out of every five people living in the United States has at least one joint with signs or symptoms of arthritis. About half of arthritis sufferers are under age 50. Arthritis is the leading cause of disability in the United States. It typically occurs from either disease or trauma. The exact number of people with arthritis in the hand and wrist is not known. Cause Cartilage works as nature's "shock absorber." It provides a smooth gliding surface for the joint in the  joint replacement hospitals . All arthritic joints lose cartilage. When the cartilage becomes worn or damaged, or is lost due to disease ...

Bruce Darden, MD, Spine Surgeon at OrthoCarolina, Charlotte, N.C. I think the types of agreements you will see going forward will be those where everything the physician does with their time is well documented. These relationships are becoming more structured and I think, personally, any physician with any potential for financial gain from the company should not participate in the studies of the company's products. If there is any chance you're going to gain financially based on the outcome of a study, you should excuse yourself from participating, which will be the cleanest thing going forward. There are examples that the FDA has brought up where physicians might not have had a direct conflict, but their relationships with the companies still didn't look good. I don't think at this point we do enough with our patients to talk about the potential conflicts. None of the physicians at our practice profit from the implants we use, but I think going forward th...

For those who wish to get around the endless waiting lists and prohibitively high costs of health and wellness care in their country have a number of options available for quality wellness programs and healthcare in India blended with sightseeing, holidaymaking and concept vacation packages courtesy of an expanding and foreign-market oriented Indian tourism industry. International patients usually make use of a package deal that incorporates flights, transfers, hotels, treatment and a recuperative period. Innovatively packaged and strategically put together, these packages can accommodate most patients and coupled with other facilities including serviced apartment bookings, special dietary concerns addressed through arrangements for an individual cook or chef as well as a tailor made holiday strategy organized by travel and tourism agents enables medical tourism to use healthcare f in India to regain good health and wellness, discover India and in addition return home w...

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