The Panama Clinic

What The Panama Clinic does

The Panama Clinic is a private, multi-specialty hospital located in Panama City, Panama, operating within the Pacific Center mixed-use complex (which also includes a boutique mall, a Marriott Residence Inn hotel, medical offices, and a heliport). Founded as a legacy project by businessman Theodoro Konstantino, the hospital serves local Panamanian patients, international medical tourists, insured patients across nine major national and international insurance networks, and corporate clients through executive health programs. Its 610+ internationally trained medical specialists cover the full clinical spectrum through a hospital-plus-institute model, with dedicated centers for robotic surgery (da Vinci Xi and the regionally unique Artemis robotic prostate biopsy system), advanced imaging (PET/CT with 128-slice CT, 3 Tesla MRI, digital mammography with tomosynthesis), transplant (including Central America's first bone marrow transplant unit), ophthalmology (Visumax LASIK, phacoemulsification), cardiology, gastroenterology, neurology with 24/7 stroke unit, oncology, maternity/neonatology, and rehabilitation.

The hospital generates revenue through professional services billing: per-procedure and packaged pricing (e.g., B/.1,080 natural birth, B/.1,880 cesarean, published urology surgical packages), insurance reimbursements through direct-billing partnerships with ASSA, BUPA, Blue Cross, MAPFRE, Mercantil, Panamerican Life, Sagicor, SURA, and others, and international patient fees coordinated via a dedicated International Office that provides multilingual translation, payment facilitation, and travel/accommodation support. Its go-to-market is direct-to-consumer across walk-in emergencies, scheduled appointments (phone, WhatsApp, online), insurance pre-authorization, and international patient referrals, supported by a multi-channel digital presence and a high-profile sponsorship of Panama's national football team.

The Panama Clinic holds international TEMOS accreditations (Quality in Medical Care and Excellence in Medical Tourism), Planetree person-centered care certification, Diplomatic Council and stroke-unit certifications, and is recognized by Newsweek/Statista among the world's best hospitals. Recent strategic moves include the 2025 launch of Central America's first bone marrow transplant unit, 2025–2026 pioneering procedures using XCath's EVR and Iris neurovascular robotic systems (including the world's first telerobotic stroke thrombectomy), the 2026 Chondrograft first-in-human clinical trial, and an August 2026 pediatric specialty partnership with Shriners Children's. The hospital is privately held, founder-controlled, and operates without disclosed external funding or M&A activity.

Name

The Panama Clinic

Legal name

The Panama Clinic

Website

https://thepanamaclinic.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

The Panama Clinic is a private, multi-specialty hospital in Panama City serving local patients, insured members of nine major insurers, and international medical tourists through 610+ specialists, advanced robotic surgery (da Vinci Xi, Artemis, XCath), advanced imaging (PET/CT, 3T MRI), and Central America's first bone marrow transplant unit.

Ownership category

akta.pro rank

Product category

Private Hospital Healthcare Services

NAICS

General Medical and Surgical Hospitals (62211)

SIC

Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

International/Medical Tourism Hospital Systems (HLAFAAAN)

akta.pro secondary industry

Multi-Specialty Ambulatory Surgery Centers (ASCs) (HLAFAIAA)

Keywords

• Private hospital services
• Medical specialty centers
• Robotic surgery services
• Diagnostic imaging services
• Medical tourism services

Headquarters

HQ city

Ciudad De Panamá

HQ country

Panama

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Healthcare Services: Comprehensive medical services including emergency care, consultations, diagnostic imaging, laboratory tests, surgical procedures, hospitalization, and rehabilitation. Revenue generated through patient fees, insurance reimbursements, and international patient services.
2. Maternity Services: Natural birth and cesarean delivery packages with hospitalization. Prices range from B/. 1,080 for natural birth to B/. 1,880 for cesarean, including accommodation and basic supplies.
3. Surgical Packages: Pre-defined surgical procedure packages including urology procedures (Artemis prostate biopsies, cystoscopy, vasectomy, lithotripsy), with transparent pricing for specific interventions.
4. Insurance Partnerships: Revenue through partnerships with national and international insurance providers including ASSA, BUPA, Blue Cross, MAPFRE, Mercantil, Panamerican Life, Sagicor, SURA, and others.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

The Panama Clinic is a private, internationally accredited hospital in Panama City that delivers comprehensive medical, surgical, and diagnostic care across all specialties through a network of institutes and centers. Core services include 24/7 emergency care, hospitalization, ICU, robotic surgery (da Vinci Xi and XCath EVR), advanced imaging (PET/CT, 3T MRI, digital mammography), maternity and neonatology, transplantation (kidney, liver, bone marrow), urology, ophthalmology, neurology with stroke unit, gastroenterology, cardiopulmonary care, rehabilitation, and clinical laboratory services. The hospital also operates a dedicated International Office for medical tourism and a Research Center supporting clinical studies.

Product overview

The Panama Clinic is a private hospital in Panama City offering comprehensive medical care across all specialties through a network of specialized centers and integrated services. The hospital operates as a unified hospital-plus-centers model, where core hospital services (emergency, hospitalization, ICU, laboratory, pharmacy) support specialized institutes including the da Vinci Xi Robotic Surgery Institute for urology, gynecology, and colorectal procedures; the Centro de Imágenes Médicas Avanzadas (CIMA) providing PET/CT, 3 Tesla MRI, and advanced diagnostic imaging; the Eye Surgery Institute offering Visumax LASIK and cataract surgery; the Instituto de Urología with Artemis robotic biopsy and shock wave technology; the Gastroenterology Institute with endoscopy and colonoscopy; the Cardiopulmonary Center; Neurology Institute with 24/7 stroke unit; Maternity and Neonatology; the Transplant Unit (including Central America's first bone marrow transplant unit); and the Physical Medicine and Rehabilitation Center. The hospital also provides international patient services through its International Office, supports clinical research via its Research Center, and offers online patient portals for results access. Advanced robotic capabilities include both the da Vinci Xi system and XCath's EVR neurovascular robot for pioneering telerobotic procedures.

Differentiator

Problem solved

Functional benefit

Brands

• CIMA: Centro de Imágenes Médicas Avanzadas (Advanced Medical Imaging Center) - radiology and diagnostic imaging services including PET/CT, MRI 3 Tesla, CT scan, digital X-ray, mammography, and interventional radiology.

Products and services

• da Vinci Xi Robotic Surgery Institute Robotic-assisted minimally invasive surgical service using Intuitive Surgical's da Vinci Xi platform for urology, gynecology, colorectal, and general surgery, offering enhanced precision, 3D high-definition visualization, and reduced recovery times. For adult and pediatric patients requiring surgical intervention.
• Centro de Imágenes Médicas Avanzadas (CIMA) Advanced diagnostic imaging center providing PET/CT, 3 Tesla MRI, digital radiography, CT angiography, digital mammography with tomosynthesis, interventional radiology, and nuclear medicine services. For patients requiring detailed anatomical studies, cancer staging, cardiac evaluation, and image-guided procedures.
• Instituto de Urología Specialized urology institute providing comprehensive urinary system care including robotic prostate surgery, kidney stone treatment, reconstructive surgery, pediatric urology, and urological oncology. For adult and pediatric patients with urological conditions.
• Instituto de Cirugía Ocular Eye surgery institute offering cataract surgery (phacoemulsification), LASIK refractive surgery using Visumax and Femtolasik technologies, corneal cross-linking, glaucoma treatment (cyclophotocoagulation), vitrectomy, and pediatric ophthalmology. For adult and pediatric patients with ophthalmological conditions.
• Instituto de Gastroenterología Digestive system care center providing endoscopy, colonoscopy, liver pathology evaluation, and advanced procedures including ERCP and endoscopic ultrasound. For adult patients with gastrointestinal conditions.
• Centro Cardiopulmonar Integrated cardiopulmonary center combining cardiology and pulmonology services for comprehensive cardiovascular and respiratory assessment, including echocardiograms, stress tests, Holter monitoring, and pulmonary function tests. For adult patients with cardiovascular or respiratory conditions.
• Maternidad y Neonatología Comprehensive maternity service including prenatal care, natural birth and cesarean delivery packages (B/. 1,080 natural birth, B/. 1,880 cesarean), neonatal ICU, lactation support, and neonatal screening tests (auditory, cardiac, metabolic, and genetic). For expectant mothers and newborns.
• Unidad de Trasplante Highly complex transplant unit offering kidney, liver, and bone marrow transplantation, including Central America's first bone marrow transplant unit. For adult and pediatric patients requiring solid organ or bone marrow transplantation.
• Instituto de Neurología Neurology institute providing rapid response for cerebrovascular events including a 24/7 stroke unit, advanced diagnostic imaging, epilepsy and headache clinic, neurodegenerative disease management, and telerobotic thrombectomy capability. For adult and pediatric patients with neurological conditions.
• Emergencias 24/7 Round-the-clock emergency medical services providing immediate evaluation, triage, and access to a network of over 610 specialists within the comprehensive hospital facility. For patients requiring urgent or emergency medical care.
• Instituto de Cirugía Ambulatoria Ambulatory surgery institute for scheduled surgical procedures that do not require extended hospitalization, allowing same-day discharge with high-tech equipment in modern operating rooms. For patients eligible for outpatient procedures.
• Centro de Medicina Física y Rehabilitación Physical medicine and rehabilitation center offering advanced post-surgical recovery programs, comprehensive physical and occupational therapy, and a therapeutic gym with certified physiatrists and therapists. For patients requiring post-surgical or therapeutic rehabilitation.
• Hospitalización Inpatient care services with comfortable private rooms featuring medical and specialized nursing care within the hospital's modern infrastructure. For admitted patients requiring overnight or extended hospital stays.
• Laboratorio Clínico y Banco de Sangre Clinical laboratory and blood bank services providing specialized diagnostic studies with fast and accurate results, including home laboratory services. For patients, physicians, and hospitals needing diagnostic testing.
• Chequeo Ejecutivo (Executive Health Checkup) Personalized preventive health programs designed for early detection and comprehensive health assessment, offered as customizable executive health packages. For executives, professionals, and corporate wellness clients.
• Cuidados Intensivos (ICU) Intensive care unit with advanced 24/7 monitoring capabilities for critical patients requiring multidisciplinary care and continuous medical supervision. For critically ill adult and pediatric patients.
• Oficina Internacional International patient services including personalized medical coordination, multilingual translation, payment facilitation, travel and accommodation assistance, international insurance acceptance, and post-treatment follow-up. For international patients and medical tourists.

Quantifiable outcome

• First bone marrow transplant unit in Central America
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Shriners Children'scoreStrategic or Co-development Partner · 14 August 2026Partnership to provide new specialty care opportunities to children in Panama. The collaboration aims to expand access to specialized pediatric care that may not be available locally.
• PhilipscoreTechnology or IntegrationMedical technology partnership for advanced diagnostic and treatment equipment integration.
• General ElectriccoreTechnology or IntegrationMedical imaging technology partnership for radiology and advanced imaging services.
• DrägercoreTechnology or IntegrationMedical equipment partnership for patient monitoring and critical care technology.
• Panamcham (American Chamber of Commerce)minorGTM or Marketing PartnerBusiness networking and marketing partnership through American Chamber of Commerce in Panama.
• Cámara de Comercio de PanamáminorGTM or Marketing PartnerBusiness and commerce chamber partnership for networking and commercial relations.
• Universidad de PanamácoreStrategic or Co-development PartnerNational academic partnership for clinical research collaboration and scientific publications.
• CEVAXINcoreStrategic or Co-development PartnerNational research alliance for vaccination and immunization program collaboration.
• Panamanian Football Federation (FEPUFUT)coreGTM or Marketing PartnerOfficial hospital partnership with Panama's national football team (La Selección) for health and sports medicine services.
• ASSA, BUPA, Blue Cross, MAPFRE, Mercantil, Panamerican Life, Sagicor, SURA, and other insurerscoreChannel Partner/ Reseller/ DistributorInsurance partnerships for direct billing and coverage services. Accepts national and international insurance for quality healthcare access.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Anadolu Medical Center: Istanbul-based multi-specialty hospital affiliated with Johns Hopkins Medicine and a leading medical-tourism hub serving the Americas, Europe, and the Middle East. Closest international comparator for medical-tourism-driven revenue at a single-site advanced hospital.
• Bumrungrad International Hospital: Bangkok-based flagship international medical-tourism hospital, multi-specialty, with international accreditation and a deeply developed International Patient Office. Functionally the global archetype that Panama Clinic is regionalizing within Latin America.
• Bangkok Hospital Group: Thailand's largest private hospital network and a global leader in international patient services. Comparable in targeting medical tourists seeking advanced specialties at competitive pricing; relevant comp on scale, brand, and accreditation strategy.
• KPJ Healthcare Berhad: Malaysia's largest private healthcare network with a dedicated focus on medical tourism (Sisterly Care, IKHLAS). Comparable in operating a multi-specialty, internationally accredited private hospital platform aimed at cross-border patients.
• Mount Elizabeth Hospital: Premier private multi-specialty hospital in Singapore serving a large share of regional and international patients, including from Latin America. Comparable on premium positioning, complex case mix, and international accreditation footprint.
• Pacifica Salud (Hospital Punta Pacífica): Pacifica Salud operates a flagship multi-specialty hospital in Panama City (Hospital Punta Pacífica) and is the most direct local competitor to Panama Clinic, offering a similar mix of advanced specialties, internationally trained physicians, and international insurance access. Both compete for the same insured, corporate, and medical-tourism patient pools inside the same metro.
• Centro Médico Paitilla: Established multi-specialty private hospital in Panama City offering emergency, surgical, maternity, and diagnostic services across a comparable range of specialties. Direct local competitor for insured and self-pay patients in the same catchment area.

Broad incumbents

• Hospital Israelita Albert Einstein: Brazil's leading private hospital and one of Latin America's most internationally recognized healthcare systems, operating across hospital, outpatient, diagnostics, and research. Larger and more diversified than Panama Clinic, but competing for premium patient and research partnerships across the region.

Regional players

• Hospital Metropolitano: Latin American private hospital group with a comparable multi-specialty, international-patient focus. Provides a relevant regional benchmark for cross-border patient acquisition and specialty services.
• Hospital CIMA (Costa Rica): Advanced multi-specialty hospital in San José, Costa Rica, that has historically attracted significant medical tourism from the U.S. and the region. Highly comparable in scale, scope, and medical-tourism orientation across Central America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ThePanamaClinic
• Facebookfacebook.com/thepanamaclinic
• LinkedInlinkedin.com/company/the-panam%C3%A1-clinic/mycompany
• Instagraminstagram.com/thepanamaclinic
• Xx.com/thepanamaclinic

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Panama Clinic