As a medical tourism facilitator, there are many things out of your control, but even though they’re out of your control, they can affect your business and also increase your exposure. Some of these factors include third-party errors, clients exposure to infectious diseases, poor healthcare services, as well as surgical mistakes. As a responsible business owner, you want to ensure you have solid medical travel agreements in place to protect your clients, your business, and yourself.
The Importance of Medical Travel Agreements
Medical travel agreements are beneficial to all parties because everyone can look at this document and see who’s responsible for what. They outline the rights, duties, and expectations of everyone involved in the medical tourism process. These agreements also serve as a guiding document if issues occur, and can limit your overall liability as a medical tourism facilitator.
Which Parties Should Have a Written Agreement?
The three primary parties in the medical tourism process are the health tourism facilitator, the medical tourists, and the overseas healthcare providers. All parties should have written agreements. Now, if you’re considering hiring a lawyer to draft these agreements, it’s crucial to ensure they’re familiar with the global healthcare industry.
Hiring a Lawyer to Compose Medical Tourism Agreements
Hiring a lawyer, especially one familiar with the medical tourism industry, can be beneficial, but also potentially costly. If they’re inexperienced in the field, you may be paying for their learning curve. An option to avoid these extra costs is purchasing pre-made agreements, having your lawyer review them, and customizing them for your company.
Why Pre-Made Contracts?
Pre-made contracts safeguard your company through the medical tourism facilitation process, and they eliminate potential errors. These contracts are already composed and have editable fields that can be customized to your company’s preferences. They save you money so you don’t have to spend hundreds of dollars per hour on a lawyer, and many companies are having success with these agreements.
The Role of Different Agreements in Medical Tourism
Different types of agreements, like patient applications, pre-screening and medical history forms, patient waiver contracts, facilitator and hospital contracts, and patient and facilitator agreements play significant roles in the process. Each agreement has its own specific purpose and helps clear your business of potential liability, helping you manage risks and responsibilities efficiently.
Avoiding Litigation in the Medical Tourism Industry
While contracts are essential in protecting your interests, it’s also crucial to think about how to avoid litigation. Avoiding oral agreements, being proactive by outlining possible risks and how they’ll be handled, and having a dispute resolution in place can help you avoid costly lawsuits. Moreover, being selective with clients can also save you from unnecessary headaches.
Having worked in the medical travel industry for over a decade, I’ve seen a variety of scenarios related to contracts and risk management. One crucial piece of advice is not to let a bad contract ruin your business. If you don’t have a legal background or experience in writing business contracts, it’s best not to use your business as an experiment. Having strong medical tourism contracts can help you navigate tight situations and protect your business interests.
Reach your full potential in medical tourism with MTB
At MTB, we are dedicated to supporting professionals and organizations in the medical tourism industry as they strive for success. As a leading provider of certification, contracts, marketing, and support, we offer comprehensive programs, expert guidance, and valuable resources that are designed to help our members achieve their goals and reach their full potential in the global healthcare market. With a focus on excellence and innovation, we help our members stay ahead of the competition and navigate the complex and dynamic world of medical tourism.
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