December 8, 2023 • 56 mins
Rise of Healthcare Sharing Economy with Iggy Falco | CloudMedSpa
How GLP-1 drugs revolutionize healthcare business models?
FreshThoughtFriday: Towards the end Iggy shares an idea for an AirBnB model for vet rehab practitioners.
Connect with Iggy
Linkedin: https://www.linkedin.com/in/iggyfanlo/
Website: https://cloudmedspas.com/
Email: sales@cloudmedspas.com
Text: 415.613.2640
Connect with Joe Lemon
Recovery Lab Show YouTube: https://recoverylabshow.com/ Linkedin: https://www.linkedin.com/in/joealexlemon/
IG: https://www.instagram.com/joealexlemon/
In this podcast episode, Iggy Fanlo, founder of Club Med Spa, discusses the transformative potential of GLP-1 drugs in healthcare and their impact on various industries. He shares how his company works to make these drugs more accessible and affordable.
Fanlo also explores the changing trends in personal aesthetics and the role of technology in self-perception. He discusses the business model of renting spaces to healthcare providers, drawing parallels with the hair care industry.
🎧 Ready to explore the intersection of healthcare and business innovation? Please tune in to the latest episode of our podcast, where we chat with Iggy Fano, founder of Club Med Spa. We're discussing how GLP-1 drugs can transform the healthcare landscape.
Don't miss out on this thought-provoking discussion!
Quote Iggy Fanlo, 00:24:23, "Let the marketplace decide, and maybe it doesn't matter that they're DaVinci with a needle. Maybe what's important is they're good enough with a needle and have great bedside manner and make their patient feel good about themselves."
Timestamp
The potential of GLP-1 drugs (00:00:00) Iggy Fano discusses how GLP-1 drugs can dramatically improve healthcare by reducing obesity and addressing other health issues.
The business model of Club Med Spa (00:00:33) Iggy Fano explains the Club Med Spa model, which allows healthcare providers and entrepreneurs in health-adjacent fields to monetize their space and generate additional revenue.
The impact of GLP-1 drugs on psychology and healthcare (00:04:05) Iggy Fano discusses how GLP-1 drugs can positively impact people's psychology by addressing neurological problems related to obesity, addiction, and other health issues.
Walmart's Insight from Data Analysis (00:08:45) Walmart's correlation between GLP-1 drugs and decreased shopping habits leads to decreased sales.
Impact on Airlines' Fuel Consumption (00:09:32) Airlines estimate saving half a billion dollars on fuel in 10 years due to passengers' weight loss from GLP-1 drugs. Rising Demand for GLP-1 Drugs and Alternative Options (00:10:43)
The potential of a new business model in medical aesthetics (00:20:20) Explanation of how the same business model used in hair care and personal training can be applied to the medical aesthetics industry, offering benefits such as reduced HR problems and better pricing through scale.
The advantages of a firm (00:26:05) Discussion on the advantages of a firm or organization in terms of reducing transaction costs.
Accelerating the platform launch (00:27:52) Conversation about the decision to accelerate the launch of the software platform after receiving interest from potential franchisees.
Requirements to be a part of the franchise (00:31:00) Explanation of the requirements to be a part of the franchise, including the need for malpractice insurance and a medical director in some states.
The opportunities for healthcare providers (00:35:43) Discussion on the potential for healthcare providers to make good money and the opportunities presented by unused space in clinics.
The potential of renting out space in healthcare (00:36:38) Exploration of the potential for commercial real estate owners to rent out space in healthcare facilities and the low utilization rates required for profitability.
Creating a brand and monetizing it (00:42:49) Discussion on the possibility of creating a brand in the healthcare industry, partnering with established practitioners, and potentially monetizing that brand in the future.
Organic Growth through Word of Mouth (00:45:38)
How GLP-1 drugs revolutionize healthcare business models?
FreshThoughtFriday: Towards the end Iggy shares an idea for an AirBnB model for vet rehab practitioners.
Connect with Iggy
Linkedin: https://www.linkedin.com/in/iggyfanlo/
Website: https://cloudmedspas.com/
Email: sales@cloudmedspas.com
Text: 415.613.2640
Connect with Joe Lemon
Recovery Lab Show YouTube: https://recoverylabshow.com/ Linkedin: https://www.linkedin.com/in/joealexlemon/
IG: https://www.instagram.com/joealexlemon/
In this podcast episode, Iggy Fanlo, founder of Club Med Spa, discusses the transformative potential of GLP-1 drugs in healthcare and their impact on various industries. He shares how his company works to make these drugs more accessible and affordable.
Fanlo also explores the changing trends in personal aesthetics and the role of technology in self-perception. He discusses the business model of renting spaces to healthcare providers, drawing parallels with the hair care industry.
🎧 Ready to explore the intersection of healthcare and business innovation? Please tune in to the latest episode of our podcast, where we chat with Iggy Fano, founder of Club Med Spa. We're discussing how GLP-1 drugs can transform the healthcare landscape.
Don't miss out on this thought-provoking discussion!
Quote Iggy Fanlo, 00:24:23, "Let the marketplace decide, and maybe it doesn't matter that they're DaVinci with a needle. Maybe what's important is they're good enough with a needle and have great bedside manner and make their patient feel good about themselves."
Timestamp
The potential of GLP-1 drugs (00:00:00) Iggy Fano discusses how GLP-1 drugs can dramatically improve healthcare by reducing obesity and addressing other health issues.
The business model of Club Med Spa (00:00:33) Iggy Fano explains the Club Med Spa model, which allows healthcare providers and entrepreneurs in health-adjacent fields to monetize their space and generate additional revenue.
The impact of GLP-1 drugs on psychology and healthcare (00:04:05) Iggy Fano discusses how GLP-1 drugs can positively impact people's psychology by addressing neurological problems related to obesity, addiction, and other health issues.
Walmart's Insight from Data Analysis (00:08:45) Walmart's correlation between GLP-1 drugs and decreased shopping habits leads to decreased sales.
Impact on Airlines' Fuel Consumption (00:09:32) Airlines estimate saving half a billion dollars on fuel in 10 years due to passengers' weight loss from GLP-1 drugs. Rising Demand for GLP-1 Drugs and Alternative Options (00:10:43)
The potential of a new business model in medical aesthetics (00:20:20) Explanation of how the same business model used in hair care and personal training can be applied to the medical aesthetics industry, offering benefits such as reduced HR problems and better pricing through scale.
The advantages of a firm (00:26:05) Discussion on the advantages of a firm or organization in terms of reducing transaction costs.
Accelerating the platform launch (00:27:52) Conversation about the decision to accelerate the launch of the software platform after receiving interest from potential franchisees.
Requirements to be a part of the franchise (00:31:00) Explanation of the requirements to be a part of the franchise, including the need for malpractice insurance and a medical director in some states.
The opportunities for healthcare providers (00:35:43) Discussion on the potential for healthcare providers to make good money and the opportunities presented by unused space in clinics.
The potential of renting out space in healthcare (00:36:38) Exploration of the potential for commercial real estate owners to rent out space in healthcare facilities and the low utilization rates required for profitability.
Creating a brand and monetizing it (00:42:49) Discussion on the possibility of creating a brand in the healthcare industry, partnering with established practitioners, and potentially monetizing that brand in the future.
Organic Growth through Word of Mouth (00:45:38)
Mark as Played
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