111, Inc. signs strategic cooperation agreement with Jilin Baiyi Doctor Group

This agreement aims to create and deliver new models for Internet medical services
09:50 pm
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Chinese digital health company 111, Inc. ("111" or the "Company") inked a deal with physician group Jilin Baiyi Doctor Group Management ("Baiyi Doctor Group"), which operates in China's Jilin province, in order to incorporate the former's doctor-patient communication and healthcare management platform to the ladder's organization. As part of the partnership Jilin Baiyi Doctor Group Management will be able to use 111's digital platform to provide SMART-enabled healthcare services and doctor-patient management in Northeast China.

WHY IT MATTERS

The companies boast that this deal will "close the loop" of medical services and communication, and also highlight that the Chinese government encouraged doctors to offer multi-channel services, including virtual healthcare services. 

"Further incorporating digital technology in the healthcare sector allows doctors to provide healthcare services more efficiently, while also enabling patients to access quality healthcare at a time and place that is most convenient for them. With 111's omni-channel drug commercialization platform, cloud-based service solutions, and integrated SMART supply chain, we will be able to significantly widen our service area and reach many more patients," Dr. Huang Haiyan, Founder and CEO of Baiyi Doctor Group, said in a statement. 

THE LARGER TREND

Late last year, 111 had announced an additional round of new capital injection to support the company in its business expansion. With its industry leading SMART supply chain infrastructure, the company will furnish support and professional services through its omni-channel platform to enable Baiyi Doctor Group to provide patients with an internet-based solution for diagnosis and treatment, as well as patient management service. 

ON THE RECORD

Dr. Yu Gang, Co-Founder and Executive Chairman of 111, said: "Our commitment to serving patients is the driving force behind all of our service offerings. As a leading digital healthcare platform company, our goal is to leverage our technology and network to digitally connect patients with the products and services that they need. We are pleased to enter into this strategic partnership with Baiyi Doctor Group. Our platform will empower its doctors to better serve their patients, an important objective of our Business to Doctor to Customer strategy.”

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