Global Health Voyager, Inc. Executes Memorandum of Understanding to Purchase PlanetHospital’s Assets, One of the Largest US...
September 22 2011 - 8:05AM
Business Wire
Global Health Voyager, Inc. (GHV) (OTCBB: GLHV), a full-service,
web-based, medical tourism facilitator today announced that it
entered into a memorandum of understanding on September 1, 2011
with PlanetHospital (PH), the largest medical travel facilitator in
the United States, 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 deal is expected to close on or before October
1, 2011.
“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,” says Ali Moussavi, GHV president and
CEO. “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.”
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, adds, “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.”
About Global Health Voyager
Global Health Voyager, Inc. (OTCBB: GLHV) is a U.S.-based
full-service medical tourism facilitator. It offers access to a
worldwide network of highly accredited facilities and providers to
patients seeking healthcare, surgical, dental, and wellness
procedures. The Company is a one-stop medical tourism resource,
providing consumers, employers, payers and other intermediaries the
ability to choose and access information about a wide array of
destinations, hospitals, procedures and services from one
convenient location. Through established relationships with
international providers, the Company has already done the
groundwork to verify the accreditation and experience of the
provider organizations it offers. Visit
www.globalhealthvoyager.com.
Forward-Looking Statements
Certain statements in this news release may constitute
“forward-looking” statements within the meaning of section 21E of
the Securities Exchange Act of 1934. Such forward-looking
statements involve risks, uncertainties and other factors, which
may cause the actual results, performance, or achievement expressed
or implied by such forward-looking statements to differ.