SOURCE: Satori World Medical

Satori World Medical

June 18, 2009 14:47 ET

Satori World Medical Signs Agreement With Cross-Border Health Plan SIMNSA to Provide U.S. Workforce With High-Quality Health Care in Mexico

SAN DIEGO, CA--(Marketwire - June 18, 2009) - Satori World Medical, a global health care company in the emerging medical tourism industry, announced that it signed a Letter of Agreement (LOA) with Sistemas Medicos Nacionales, S.A. de C.V. (SIMNSA), a comprehensive health care service plan that provides quality and affordable health care options for the growing, cross-border U.S. workforce.

The agreement calls for the companies to collaborate on marketing opportunities with the intent to participate in each other's networks and products. SIMNSA is the first Health Plan to collaborate with Satori World Medical since the company's launch of its innovative payor-supported, employer-sponsored and consumer-choice global health care network in January 2009.

SIMNSA is one of the leading Health Maintenance Organization (HMO) programs in Northern Mexico and in 2000 became the first and, to date, the only Mexican HMO licensed by the California Department of Managed Care as a health care service plan.

Satori World Medical intends to add the SIMNSA network in Mexico as a provider of care for employees of its contracted plan sponsors. SIMNSA will pursue the Mexico network component of the Satori Global Network™ for services required outside the SIMNSA service area.

"Satori World Medical's collaboration with SIMNSA is a testament to both our organizations' core commitments to provide quality, affordable, accessible, and practical health care solutions to U.S. employers and the growing, cross-border workforce in Mexico," said Steven Lash, President & CEO of Satori World Medical. "Together, we offer higher quality and more affordable health care choices that allow U.S. employers to dramatically reduce their employee medical expenses in order to remain competitive and profitable in today's challenging economy."

With its comprehensive health care network extending to the border cities of Tecate, Mexicali and Tijuana, SIMNSA offers members access to more than 200 highly trained and certified physicians across the U.S.-Mexico Border. Its cross-border health care program is built on four key principles, all of which directly align with Satori World Medical's core values:

--  Superior quality health care for all individuals
--  Greater consumer choice over an individual's own health care services
    and expenses
--  Improved health care affordabilty for both employers and their
    workforce
--  Cultural sensitivity that meets the special needs of every
    employer/employee relationship
    

"SIMNSA is pleased to work in collaboration with Satori World Medical," said Frank Carrillo, SIMNSA's President & CEO. "Satori's focus on quality health care and access is consistent with our own philosophy. We are very excited about adding our high-quality Mexico hospitals and physicians to its network. Our agreement will allow individuals from all over the U.S. to access our border program's outstanding hospitals and physician teams."

Satori World Medical, through its international network of highly trained and specialized doctors and Joint Commission International (JCI)-accredited hospitals, provides a comprehensive and integrated medical benefit program that reduces the cost of selected surgical procedures by an average of 40-80 percent. This 100 percent medical benefit can be added to any benefit plan design at no monthly or recurring cost to the employer or health plan.

About Satori World Medical

Satori World Medical is the world's first global health care network and service company 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. For more information about Satori World Medical, please call +1 (619) 704-2000 or visit the company's Web site at http://www.satoriworldmedical.com.

About Sistemas Medicos Nacionales, S.A. de C.V. (SIMNSA)

Sistemas Medicos Nacionales, S.A. de C.V. (SIMNSA) is a comprehensive health care service plan that was developed to provide quality health care for the growing U.S. workforce that prefers to receive health care coverage in Mexico. SIMNSA is one of the leading Health Maintenance Organization (HMO) programs in Northern Mexico and was the first Mexican HMO to be licensed as a health care service plan by the State of California. SIMNSA's network extends through the border cities of Tecate, Mexicali and Tijuana. For more information, please visit SIMNSA's Web site at http://www.simnsa.com.

Contact Information

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