New partnership to integrate healthcare services in Asia
WeDoctor, a China-based technology-enabled healthcare solutions platform, and Fullerton Health, an integrated healthcare platform in the Asia Pacific region, have entered a strategic partnership to fully integrate online and offline healthcare services in Asia.
The companies have signed a Memorandum of Understanding to jointly develop a new technology-enabled health management organisation (HMO) platform for Asia, which seeks to fully integrate online and offline healthcare services in the region, combining the complementary strengths of the two partners.
The new HMO platform will provide WeDoctor’s approximately 160 million registered users in China with access to Fullerton Health’s extensive network of over 500 healthcare facilities and over 8,000 network healthcare providers. In addition, using WeDoctor’s healthcare technology solutions, Fullerton Health will broaden its patients’ access to expert medical care.
“We embrace the strategic cooperation with Fullerton Health with excitement. In line with WeDoctor’s international growth strategy, the alliance with Fullerton Health will extend our reach and facilitate our development in Asia. The collaboration will also give WeDoctor immediate access to Fullerton Health’s substantial patient base, further deepening WeDoctor’s reach beyond China,” said Jeff Chen, Chief Strategy Officer of WeDoctor. “The new HMO platform, maximising the opportunities arising from China’s rapidly growing outbound medical tourism that is estimated to total US$10 billion annually, will give ease to our users in having direct and instant access to a comprehensive network of world-class doctors and healthcare providers via Fullerton Health’s footprint in Asia. We look forward to a fruitful partnership with Fullerton Health to establish a comprehensive HMO platform across Asia Pacific.”