Singapore-based telehealth startup Doctor Anywhere today signed a Strategic Cooperation Agreement with Bao Minh Insurance, one of the largest insurance groups in Vietnam, to bring online healthcare services to Bao Minh's customers throughout Vietnam.
The agreement will bring a suite of online and offline healthcare services, including doctor video-consultation and medication delivery, online health and wellness shopping marketplace, home-based healthcare services, and more, all on one single platform to the people in Vietnam. This is the first significant regional expansion that is announced by Doctor Anywhere, with a few other major partnerships in discussion.
Under this partnership, more than 7million Bao Minh customers will have access to Doctor Anywhere's suite of digital healthcare solutions.
THE LARGER TREND
In March this year, Doctor Anywhere partnered with Indonesia-headquartered ride hailing company Gojek to offer offline and online medical consultations to its drivers in Singapore. Under the partnership, Gojek driver-partners will also be eligible for discounts of up to 40% for various services provided by wellness partners on Doctor Anywhere’s marketplace, Mobihealth News reported.
One of the players in the health tech space in Vietnam is Jio Health who raised $5M in series A funding led by VC fund Monk Hill’s Ventures in April. Jio Health operates an online healthcare app (available on iOS and Android platforms) and a physical facility in Saigon. The startup provides on-demand access to healthcare services such as primary care, chronic disease management, pediatrics and ancillary care services.
ON THE RECORD
“We are thrilled to establish our footprint in Vietnam, one of the fastest growing developing economies in Asia. Since our launch in Q2 2019, we have established our presence in the business hubs of Ho Chi Minh City and Hanoi, with plans to roll out more clinics and pharmacies in key cities in the upcoming months. With this landmark agreement with Bao Minh, we will be able to strengthen our commitment to deliver convenient healthcare solutions tailored to the needs of the Vietnamese people, and become the model for case study in other Asian healthcare markets,” said Mr Lim Wai Mun, Founder and CEO of Doctor Anywhere in a statement.
Mr Le Van Thành, General Director and board member of Bao Minh, said: “Bao Minh is thrilled to be the pioneer in the Vietnam market to offer digital healthcare solutions as part of our insurance programs. We are always on the lookout for innovative ways to improve our service quality. This collaboration with Doctor Anywhere will allow us to be well-positioned to meet the demands of the digital age in Vietnam.”