I. Startup Project:To Build the Largest and Most Authoritative Integrated Cross-Border Healthcare Service Platform in China (and Globally)
II. Entrepreneurs:
Liberal Arts
CEO, 1982. Project oversight, integration of internal and external resources, comprehensive management; 5 years of experience in overseas medical tourism projects; multiple successful entrepreneurial ventures.
Lei Min
Co-founder; CEO of Rongkang Beauty Group since 1980; Responsible for integrating domestic and overseas medical resources; 12 years of experience in overseas medical tourism projects; Successfully operated multiple medical and aesthetic brands and projects.
Sun Jinling
Co-founder. In 1979, responsible for integrating overseas medical resources; Executive Director of Shanghai Qingmei Chuanqi Investment Management Co., Ltd.; In 2013, appointed as China Business Development Representative by the Government of Montana, Switzerland;
III. Entrepreneurship Q&A:
1. What was the original intention behind starting the business?
According to the definition by the World Tourism Organization, Medical Tourism is a tourism service centered on disease treatment, medical care, rehabilitation, and convalescence. In simple terms, it is traveling for health, achieving wellness through travel.
Global medical tourism primarily serves two groups of patients. On one hand, patients from countries with high healthcare costs, such as those in Europe and the United States, travel to Mexico, Brazil, Singapore, Taiwan, Malaysia, Thailand, and other destinations to seek affordable yet technically reliable medical services;
Another group consists of affluent individuals from developing countries and regions, such as China, Russia, and the Middle East, who travel to nations with more advanced healthcare systems—including those in Europe and the United States, Japan, South Korea, and Australia—to seek superior medical services.
In China, disparities in physician competence, state funding, medical technology, physician income, and healthcare oversight mechanisms, coupled with the scarcity and uneven distribution of medical resources and variations in health insurance coverage, have created substantial demand among Chinese consumers for overseas medical tourism. This is the primary reason behind the emergence of VCBeat.
2. What is the profit model?
Phase I: A large-scale enterprise establishing comprehensive health management services through platform advantages
Private Physician Health Management Services
Comprehensive services for consultation, treatment, and health management solutions addressing all domestic medical needs.
High-end customized medical products, such as: German hepatocyte therapy, Swiss anti-aging treatments, U.S. specialized cancer care, cardiovascular and cerebrovascular disease management, and health checkups, etc.
Medical tourism support service system, such as: visas, hotels, air tickets, translation, reception, recuperation, etc.
Collaborate with real estate and fund sectors to establish elderly care, wellness, and convalescence centers
Phase II: Profit Model of the Global Healthcare Network Platform
Advertising revenue from online platform promotions by domestic and international medical institutions or individuals
Advertising revenue from promotions targeting industries surrounding international medical travel (tourism, translation, airfare, hotels, and insurance)
Collaboration with high-quality overseas hospitals and treatment programs to help develop the domestic market and identify service providers
Introduction of Renowned Overseas Medical Institutions and Advanced Therapeutic Technologies to Create an Integrated Domestic Medical and Health Service Park
Acquire, develop, and package medical tourism products for self-operation or sale to third-party service providers.
Advertising Revenue of Third-Party Medical Service Providers on Online Platforms
Revenue from Overseas Medical Consultation Services (Including Remote Video Consultations and Translation)