WeDoctor and Fullerton Health to Create HMO platform

Fullerton Healthcare, a leading vertically integrated healthcare platform in the Asia Pacific region, and WeDoctor, China’s technology-enabled healthcare solutions platform, signed a Memorandum of Understanding to jointly develop a new technology-enabled Health Management Organization platform (“HMO platform”) for Asia, aiming to fully integrate online and offline healthcare services in the region.

 

The new HMO platform will provide WeDoctor’s ~160m registered users in China with access to Fullerton Health’s extensive network of over 500 healthcare facilities and over 8k network healthcare providers. Fullerton Health will broaden its patients’ access to expert medical care by providing telemedicine support – via WeDoctor’s tech – across the eight markets which Fullerton Health serves. And, in China, the collaboration will also set up and operate primary care and specialist outpatient healthcare facilities, as well as further develop the corporate healthcare services market through the establishment of onsite medical centers for business across China.

 

“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. The new HMO platform, maximizing 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.” – Chief Strategy Officer of WeDoctor, Jeff Chen.