HONG KONG and SHANGHAI, Oct. 2, 2018 /PRNewswire/ -- The Fourth China Smart City International Expo 2018 (hereinafter "CSCE 2018") was officially open in Shenzhen Convention & Exhibition Center recently. As the integrated servicing exhibition of the highest standard and largest scale in smart city sector of China, CSCE 2018 not only gathers the government officials and representatives from institutions both domestically and internationally to discuss about the smart city development, but also attracting well-known corporates such as Ping An Group to participate in to demonstrate the outstanding solution of smart city.
As China's leading one-stop healthcare ecosystem platform, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", the "Company", stock code: 1833.HK) participates in CSCE 2018 and brings along its achievements in smart healthcare including "Modern Physician Hua Tuo", "One-minute Clinics" and "AI-assisted Medical Consultation Capability". Ping An Good Doctor demonstrates its integrated "Smart Healthcare" solution based on medical big data, AI, internet and technology under the theme of "promote healthy living empowered by technology", and thus supports the development of smart city.
PAGD's Three New Intelligent Solutions in Smart Healthcare
At Ping An Good Doctor's smart device experience zone, "Modern Physician Hua Tuo" and its smart wristband can identify the human's pulse, which attracted a lot of attentions and experiencers. Users only need to lay down their hand into the wristband and the test would be activated. After the test is finished, the results of the pulse and the graphical statistics would be automatically sent to the user's mobile phone and the online doctor from Ping An Good Doctor, to support the consultation by traditional Chinese medicine (TCM) doctors. According to pulse-taking data, "Modern Physician Hua Tuo" is able to simulate the preliminary consultation by mankind, the traditional Chinese medicine doctors. It could collect the cause and history of illness based on the Four Diagnostic Methods in the traditional Chinese medicine, which are "Observation, Listen to breathing, Ask about symptoms and Pulse-taking". The smart system will then transfer the integrated data analysis results to the doctor's workspace with the hypothesis, and lastly recommend the prescription of Chinese medicine with the physique of the patient taken into consideration. "Modern Physician Hua Tuo" would effectively improve the consultation experience of the patients.
Apart from this, Ping An Good Doctor also demonstrates other achievements in smart healthcare including the smart medicine cabinets of "One-minute Clinics" and "AI- assisted Medical Consultation Capability", as well as the smart Bluetooth earphone products that could protect hearing at the scene. The Company applies medical big data and AI technology to scenarios including health centers, pharmacies, families and offices, so as to provide the service of "cure + medicine + healthcare management" to the common people.
Besides, "One-minute Clinics" combine smart medicine cabinets and Ping An Good Doctor's AI-assisted Medical Consultation Capability, as well as connecting the full- time medical professional team and big data with AI in the backstage. Patients only need to stay in the small clinic and have a voice call with the doctor via the cloud service, they could have a preliminary consultation through symptoms description and check by equipment. This significantly reduces the time for the consultation of common illnesses. After the consultation, patients could also purchase the medicine from the smart medicine cabinets nearby if needed. It truly achieves the one-stop consultation progress of "AI Preliminary Consultation, Online Consultation and Purchase of Medicine".
By using intelligent speech, semantics analysis and big data technology, Ping An Good Doctor's AI-assisted medical system has accepted more than 300 million online medical and health consultation, which will be well and safely applied to online medical consultation and thus increase the efficiency of doctors' consultations by more than 5 times, greatly improving the efficiency and accuracy of online consultation.
"Smart Healthcare", the essential step to smart city
As an important part of the smart city public service at CSCE, "smart healthcare" section has attracted a lot of attention. Especially in the context of the increasingly mature application of new technologies such as AI in the field of healthcare, the topics of how to use innovative technology to improve the patients' experience and the service efficiency of medical institutions are being frequently discussed by the guests.
According to the related statistics, the daily outpatient service demand in China is about 70 million person-times, while the number of doctors and practicing assistant doctors is only 2.82 million, bringing overloaded situation to hospitals. To amplify and the service quality and efficiency, it is feasible to increase information sharing between communities and fully adopt the hospital medical resources by virtualized customer service system based on the smart medical service model and internet technology.
Currently, with the world's leading AI healthcare technology, Ping An Good Doctor integrates the resources of the internal medical team of more than a thousand professionals, the external doctors and offline network, and established a closed loop healthcare ecosystem of online consultations and online drug purchase, as well as online consultations and offline follow-up medical treatment. Ping An Good Doctor provide users with services including the 24/7 auxiliary diagnosis around the clock, rehabilitation guidance, medication advice, providing electronic prescription, as well as medicine delivery, thus enabling users to enjoy one-stop comprehensive quality family doctor services.
With the continuous upgrade of technology and service, Ping An Good Doctor is able to improve medical services standard in small and medium-sized cities and rural areas, also reduce the hospitals' workload in large cities, as well as alleviating the problem of "difficult access to quality medical services" in China's megacities. The fast- developing "Smart Healthcare" is gradually moving towards people's lives and will improve the life quality as the result.
About Ping An Good Doctor (1833.HK)
Ping An Good Doctor is the leading one-stop healthcare ecosystem platform in China. By combining "mobile health + AI technology", the Company strives to provide every family with a family doctor, every person with an e-health profile and everyone with a healthcare management plan. Ping An Good Doctor has established a comprehensive, one-stop healthcare ecosystem covering family doctor services, consumer healthcare services, a health mall as well as health management and wellness interaction.
As of the end of June 2018, there were 228 million registered users and the Company's MAU reached 48.6 million. Ping An Good Doctor is today the largest mobile medical application in China in terms of user scale. Ping An Good Doctor employs more than a thousand medical personnel (Assistant Supervisor Level or above from Class III Grade A Hospitals) in its in-house medical team and contracts with 4,650 renowned external doctors. This in-house medical team, empowered by our proprietary AI technology, provides users with 24 x 7 online consultation services. In our offline partnership network, Ping An Good Doctor collaborates with approximately 3,100 hospitals (including more than 1,200 Class III Grade A hospitals) to provide services such as hospital referral, appointment and inpatient arrangements. Ping An Good Doctor also partners with more than 2,000 healthcare institutions, including physical examination centers, dental clinics, cosmetic surgery institutions and more than 10,000 pharmacy outlets, to provide relevant health and wellness services to our users. By integrating our AI-empowered medical team, external doctors and offline network, Ping An Good Doctor has established a closed-loop healthcare ecosystem which enables our users to enjoy online consultations and online drug purchases, as well as online consultations and offline follow-up treatment, thereby providing convenient, high-quality and efficient family doctor services.
In April 2015, the App "Ping An Good Doctor" was officially launched. In May 2016, the Company completed an A round financing and raised US$500 million. In December 2017, the Company completed the pre-IPO financing from Softbank Vision Fund, during which it raised US$400 million.
On 4 May 2018, Ping An Good Doctor became the No.1 listed internet health-tech company in the world when it joined the Hong Kong Stock Exchange, stock code 01833.HK. Our IPO cornerstone investors include Blackrock, Capital Group, GIC, Canada Pension Plan Investment Board, Khazanah Nasional Berhad, Swiss Re and CP Group.
