Yasen Technology and Tongfang Health Forge Strategic Partnership to Build a Fully Integrated Smart Healthcare Ecosystem

China’s healthcare sector is rapidly advancing alongside national economic growth and heightened public health awareness. However, due to its large population and uneven economic development, comprehensively improving the nation’s healthcare standards still faces numerous challenges. These include rising public expectations for the value of the healthcare system, increasingly severe shortages of medical resources, growing demand for greater choice in healthcare services, as well as global issues related to healthcare quality and patient management.

With the development of the internet, big data, and artificial intelligence technologies, building smart hospitals, adopting advanced digital medical technologies, expanding medical capabilities, enhancing service capacities, and supporting cost reduction and efficiency improvement in hospitals are becoming a general trend. In April 2018, the General Office of the State Council issued the “Opinions of the General Office of the State Council on Promoting the Development of ‘Internet + Medical Health’” (hereinafter referred to as the “Opinions”), which outlined plans for improving medical services over the following three years. The “Opinions” emphasize both consolidating effective measures and innovating medical service models, putting forward many highly anticipated requirements and objectives. Centered on patients, it promotes multidisciplinary diagnosis and treatment models, leverages “Internet +” as a means to support the development of artificial intelligence applications, medical education, new settlement systems, and data interoperability, thereby facilitating the construction of smart hospitals and comprehensively advancing the development of medical and health services.

Amid this major trend, Beijing Yasen Technology Development Co., Ltd. (“Yasen Tech”) and Tongfang Big Health Industry Co., Ltd. (“Tongfang Big Health”) have signed a strategic cooperation agreement to leverage their complementary strengths across the general industrial chain, deepen and broaden their collaboration, and establish a new model for the smart healthcare industry. This includes promoting the deployment of Yasen’s AI-driven medical products and services in hospitals under Tsinghua Tongfang Co., Ltd., thereby enhancing these hospitals’ diagnostic, therapeutic, and service capabilities; advancing the integration of AI R&D and big data technologies with the healthcare sector; developing new business models; connecting upstream and downstream players in the healthcare ecosystem; and achieving synergistic development.

Meanwhile, VCBeat (WeChat ID: vcbeat) has learned that Yasen Technology has also signed a strategic cooperation agreement with Nanjing Tongren Hospital, a subsidiary of Tsinghua Tongfang Co., Ltd. The two parties will implement the application of products such as AI-based medical diagnosis, internet healthcare services, smart imaging, and patient management at Nanjing Tongren Hospital, and accelerate the replication of these solutions across other relevant medical institutions in all scenarios. By empowering the entire business process spanning pre-diagnosis, during-diagnosis, and post-diagnosis stages, they will create a closed-loop digital healthcare solution. This collaboration aims to optimize hospital resource allocation, enhance the hospital’s capacity to receive patients, significantly improve the efficiency of medical resource utilization, alleviate physicians’ workload, and simultaneously increase response speed and service quality. Ultimately, it will provide patients with a comprehensive, professional, and personalized healthcare experience, bolster the hospital’s reputation, strengthen patient loyalty, and deliver more precise and efficient diagnostic and treatment services.

Yasen Technology is a leading provider of smart healthcare technologies in China, with business operations spanning AI-assisted medical diagnosis, cloud-based radiology film systems, intelligent follow-up and patient management systems, and big data platforms, delivering comprehensive smart healthcare solutions to medical institutions.

Tongfang Great Health was established in 2017 as a wholly-owned subsidiary of Tongfang Co., Ltd. (“Tongfang Co.”), an A-share listed company, with a registered capital of RMB 1 billion. As the core pillar enterprise of Tongfang Co.’s great health industry segment, the Company effectively integrates the Group’s existing great health businesses internally and actively engages in various cooperative investment activities externally. Leveraging the advantages of Tongfang Co. and Tsinghua University, it focuses on developing key sectors including medical services, elderly care, medical devices, and biopharmaceuticals, striving to build a comprehensive great health platform covering the entire industry chain.

Nanjing Tongren Hospital is a large, modern, tertiary general joint-stock hospital in Nanjing, with a total building area of 121,000 square meters and a planned capacity of 1,200 beds. It currently serves as a teaching hospital of Nanjing Medical University and an affiliated hospital of the Medical School of Southeast University. Rooted in Beijing Tongren Hospital, Nanjing Tongren Hospital inherits its technical expertise and tradition. Guided by the standards for tertiary general hospitals, it has developed into a comprehensive medical institution with balanced development across internal medicine, surgery, obstetrics and gynecology, and pediatrics, led by its specialized strengths in otolaryngology–head and neck surgery and ophthalmology.