Jon Weiner envisions a day when he can quickly build a new hospital utilizing American best practices and state-of-the-art technology anywhere in the world. While our experts were excited by Weiner’s healthcare concept they were mixed on his ability to ultimately pull it off.
Weiner co-founded the New York-based startup OR International LLC (www.orintl.com) with the goal of exporting a higher-quality American brand of healthcare throughout the world, with a primary focus on improving patient treatment (see original story here). In just six years ORI has opened specialty hospitals in the UK, Africa and Cyprus.
“Our first hospital in the UK has the highest patient satisfaction rates of any hospital in England,” said Weiner, whose company operates five specialty hospitals in the UK, one in Cyprus as a partnership with the American Heart Institute and last January opened the doors on a new $100-million facility in Botswana, Africa.
“Given how we are operated we can basically become much more profitable than local providers because in fact we’re significantly more efficient.”
Global healthcare spending in 2009 reached $4.7 trillion, according to the World Health Organization, and the market for specialty hospitals in the U.S. alone last year was about $33 billion, according to an IBISWorld annual report.