WeDoctor and Fullerton Health Enter Strategic Partnership to Create Leading Health Management Platform in Asia Pacific

• Partnership to fully integrate online and offline
  healthcare services in the region by combining the complementary strengths of
  the two partners
• Platform will provide WeDoctor users with access to
  Fullerton Health’s extensive network of healthcare providers across Asia
  Pacific
• Collaboration to setup and run primary care and specialist
  outpatient clinics in China

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HONG KONG, CHINA - Media OutReach - 26
September 2018 – Fullerton
Healthcare Corporation Limited (“Fullerton Health”), a leading
vertically integrated healthcare platform in the Asia Pacific region, and We Doctor Holdings Limited
(“WeDoctor”), China’s leading 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 and harness the synergies generated by combining the complementary strengths
of the two partners.

 

Leveraging
Fullerton Health’s healthcare management expertise and extensive network of
healthcare facilities and providers across Asia Pacific, together with
WeDoctor’s innovative healthcare technology solutions, 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. Furthermore, powered by
WeDoctor’s innovative healthcare technology solutions, Fullerton Health will
broaden its patients’ access to expert medical care with doctors fully
accessible to provide and support online consultations across the eight markets
which Fullerton Health serves.

 

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. The corporate healthcare services market is a strategic priority for
both Fullerton Health and WeDoctor, and the partnership will be able to combine
Fullerton Health’s extensive knowledge and corporate customer base from its
international operations across Asia Pacific and WeDoctor’s innovative smart
clinic solution to jointly provide efficient and accessible healthcare services
for corporate clients and their employees.

 

Jeff Chen, Chief Strategy Officer of WeDoctor, said, “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.”

 

David Sin, Co-Founder, Group President and Executive Deputy Chairman of
Fullerton Health, stated, “We
are excited to be entering into a strategic alliance with WeDoctor. With the
further deepening of healthcare reform in China, the new HMO platform we are
building with WeDoctor fully supports the drive to provide greater access to
quality healthcare for people throughout China. 
Fullerton Health’s far-reaching network and first-rate medical
professionals across Asia Pacific are well-equipped to support online
consultations and provide expert treatment to WeDoctor users. Earlier this
year, we announced that we were targeting to open over 100 clinics in China
over the next few years and this partnership further supports our strategy of
strengthening our footprint in the Chinese market. This is a truly unique
opportunity to build the world’s first O2O fully integrated healthcare
platform.”

 

Dr Michael Tan, Co-Founder and Group CEO of Fullerton Health,
commented, “Fullerton Health is dedicated to continuing to evolve our services
for the digital age, and our collaboration with WeDoctor is in perfect
alignment with this vision. The application of technology to analyze big data
has long been a core attribute of Fullerton Health, enabling us to improve
services and care for patients across Asia. It has also been a fundamental
driver of our expansion across Asia Pacific, allowing us to unlock efficiencies
to make healthcare affordable, accessible and sustainable for our patients and
corporate clients. The digital capabilities and local market knowledge of
WeDoctor make it the ideal partner for us in China as we continue to drive our
expansion in the market. We are excited to harness the synergies of our two businesses
to improve our efficiencies and ultimately provide better care for people
across Asia Pacific.”

 

About WeDoctor

We Doctor Holdings Limited
(“WeDoctor”) is China’s leading technology-enabled healthcare solutions
platform, providing seamless online and offline healthcare services as well as
integration of general practitioner and specialist doctors. Founded by Jerry Liao
and his team in 2010, WeDoctor operates four main business segments, namely,
WeDoctor Healthcare, WeDoctor Cloud, WeDoctor Insurance, and WeDoctor Pharma.

 

WeDoctor brings together
government, hospitals, doctors, pharmaceutical companies and financial
institutions to create an innovative and holistic healthcare provision and
funding ecosystem. On the WeDoctor platform, there are over 2,700 hospitals,
240,000 leading doctors, 18,000 pharmacies and 160 million registered users.

 

Since the establishment of
China’s largest appointment registration platform — Guahao.com, WeDoctor has
continued to transform the healthcare system through technology with the
creation of the nation’s first Internet hospital – Wuzhen Internet Hospital. It
also launched the industry’s first domestic smart health terminal, and has made
significant progress in the field of smart healthcare with the creation of
AI-enabled diagnosis systems for both Western and Chinese medicine.

 

About Fullerton Health 

Fullerton Health is a leading
vertically integrated healthcare platform in the Asia Pacific region. Founded
in Singapore in 2011, today they serve clients through over 500 healthcare
facilities and a large global network of healthcare providers across eight markets
in Asia. Fullerton Health’s value proposition is the integration of healthcare
service offerings with customized management and advisory capabilities, in line
with its mission to transform Asian healthcare and make it affordable and
accessible for the patients. 

 

For more information on Fullerton
Health, please visit http://www.fullertonhealth.com/.