Yian Healthcare Files IPO Prospectus Highlighting Its 24/7 Video Doctor Platform and Comprehensive Health Management Solutions

According to Huajing Industry Research Institute, China's health management market experienced rapid growth in 2023, reaching a staggering scale of RMB 1.8107 trillion.

The market, valued at trillions of yuan, has attracted a rush of investment firms and enterprises. Although the capital market has gradually returned to rationality following the financing boom of 2021, with a slowdown in funding activities, competition in the health management sector has become increasingly fierce, turning it into a “red ocean” market. Amid this intense rivalry, severe service homogenization and the inability to meet demands for personalized services have become the focal points of criticism against many companies.

In this context, some enterprises have begun to enhance the convenience and efficiency of medical services through digital intelligence, attempting to address many challenges inherent in traditional healthcare models via technological innovation, thereby providing patients with a faster and more comprehensive medical service experience. Beijing Ean Medical Technology Co., Ltd. (hereinafter referred to as “Ean Medical”) is one such company.

Founded in 2014, Ean Medical is a “medical-grade” health management service provider. The Group comprises multiple business segments, including a physician group, an internet hospital, health management, and wellness and elderly care services. Leveraging expert teams from top-ten specialty departments nationwide, Ean Medical utilizes its internet hospital system, digital health management platform, and intelligent AI as foundational infrastructure. Through an integrated online-to-offline (O2O) service model, the company is committed to providing governments, enterprises, elderly care institutions, and insurance companies with comprehensive medical services and digital health management solutions across all scenarios.

Furthermore, Ean Medical continuously explores innovation in the healthcare services sector and has launched its flagship product, the “Video Doctor” service. This service is designed to rapidly connect users with high-quality medical and health management services, serving as a key “user access point” within its diversified business matrix.

Recently, VCBeat held a dialogue with Mr. Ding Yuqi, founder of Ean Medical. In this interview, Mr. Ding reviewed the growth journey of Ean Medical and highlighted its flagship product, “Video Doctor.”

Ean Medical’s “Video Doctor” provides users with 24/7 online access to general practitioners from Tier-3 Grade-A hospitals. With a single click, users can quickly connect with doctors for real-time consultation and medical advice.

Furthermore, through remote consultations, Ean Medical’s “Video Doctor” service can also address two major issues:

These are the core functions of Ean Medical’s “Video Doctor.” Its high-quality services are underpinned by Ean Medical’s robust medical resources.

According to Ding Yuqi, Ean Medical has always prioritized the accumulation and optimization of physician resources as a core focus of its corporate development. To this end, the company not only established the Ean Physician Group, rapidly integrating authoritative resources from the top 10 disciplines ranked by Fudan University, and signing contracts with more than 5,000 renowned industry experts, but also leveraged its extensive medical resource network to form a team of over 100 video-based general practitioners. These physicians are affiliated with Grade A tertiary hospitals in Beijing and possess more than ten years of rich clinical experience, aiming to provide patients with comprehensive and professional medical services.

For complex or challenging cases, patients can instantly connect with specialists online, enabling seamless integration of remote multidisciplinary team (MDT) consultations and in-person specialist appointments. This initiative undoubtedly optimizes the allocation of medical resources, providing patients with a more convenient, efficient, and professional healthcare experience.

However, high-quality medical services should not be limited to face-to-face consultations but should extend to every aspect of patient care, particularly in terms of medication access.

Therefore, while continuously optimizing its “Video Doctor” service, Beijing Ean Medical Technology Co., Ltd. is also actively extending its service chain by launching a cloud pharmacy business. The company is committed to providing customers with one-stop, comprehensive health management services and building an end-to-end health management platform for patients that covers the entire journey from consultation to diagnosis and treatment.

From launching the “Video Doctor” service, to aggregating top-tier physician resources, and further expanding into a convenient and efficient online pharmacy business... Ean Medical has taken one solid step after another in building a comprehensive healthcare service system.

However, in Ding Yuqi’s view, the boundaries of healthcare services extend far beyond this. True health management should be a comprehensive, continuous, and personalized process that spans every stage of life, aiming to prevent disease, manage chronic conditions, promote health, and improve quality of life.

In response, Beijing Ean Medical Technology Co., Ltd. is not only continuously improving its existing services but also expanding its focus into the health management services sector.

In today’s society, chronic diseases have become the leading threat to human health. According to 2023 data from the National Center for Disease Control and Prevention, more than 80% of all deaths in China are closely associated with chronic diseases. This alarming figure not only reflects a decline in the well-being of individuals and families but also poses a significant test to societal healthcare resources.

Therefore, Ean Medical’s health management services target chronic disease management, focusing on specific populations with the “Five Highs” (high blood pressure, high blood sugar, high blood lipids, high uric acid, and high body weight) as well as adolescents undergoing growth and development, dedicated to providing them with personalized health solutions.

Beijing Ean Medical Technology Co., Ltd. believes that by accurately identifying potential health risks, scientifically assessing individual health status, and implementing continuous and effective interventions, it can extend patients’ survival, enabling them to enjoy not only longer lives but also a higher quality of life, thereby truly alleviating the physical and psychological burdens imposed by disease.

Meanwhile, Ding Yuqi emphasized: “The social impact of Ean Medical’s chronic disease management services is equally significant. By effectively controlling disease progression and reducing the incidence of complications, these services not only lower national health insurance expenditures on chronic disease treatment but also optimize the allocation of medical resources, thereby promoting the sustainable development of the entire healthcare system.”

At present, Beijing Ean Medical Technology Co., Ltd. adopts an S2B2C business model, leveraging comprehensive health services as its core driver to empower diverse B-side partners (such as medical institutions, insurance companies, and enterprises), thereby efficiently reaching and serving a broad base of C-side consumers.

By adopting the S2B2C model, Beijing Ean Medical Technology Co., Ltd. not only ensures high quality and efficiency of products and services through integration and optimization of supply chain resources, but also empowers its B-side partners to enhance their service capabilities and market competitiveness, thereby better serving a broad patient population.

This business model reflects Ean Medical’s insight into and understanding of market trends, while also demonstrating its determination to drive the transformation and upgrading of the healthcare industry. With the continued advancement of the S2B2C model, Ean Medical is poised to further expand its market boundaries and deepen the scope of its services, delivering higher-quality, more convenient, and efficient healthcare experiences to a broader patient population.

As social issues such as population aging and the growing burden of chronic diseases become increasingly prominent, the healthcare market is ushering in unprecedented development opportunities. Amid this wave of growth, Beijing Ean Medical Technology Co., Ltd. will leverage its extensive experience and advantageous resources accumulated in health management and chronic disease management to proactively position itself for the future market.

To further enhance service efficiency and expand market boundaries, Beijing Ean Medical Technology Co., Ltd. is also in the process of building a standardized service platform that empowers the healthcare industry. This platform focuses on a SaaS ecosystem anchored by internet hospitals, leveraging Ean Medical’s years of accumulated service resources and system modules to empower enterprises and institutions in the healthcare sector. This initiative aims to facilitate efficient sharing of industry resources, deepen business collaborations, and drive the entire healthcare industry toward a more open, collaborative, and standardized era of digital intelligence.

“We believe that through continuous technological innovation, model optimization, and service upgrades, Ean Medical will be able to bring greater benefits to more patients. At the same time, we sincerely invite B-side service providers and enterprises to join hands with us in exploring and innovating service models. By sharing resources, integrating technologies, and expanding markets, we aim to create a win-win situation and contribute more significantly to the healthy development of society,” summarized Ding Yuqi.