Home LinkedCare Secures Tens of Millions in Series B+ Funding Led by Meituan-Dianping

LinkedCare Secures Tens of Millions in Series B+ Funding Led by Meituan-Dianping

Sep 28, 2018 11:30 CST Updated 11:30
Meituan

E-commerce Platform Service Provider

VCBeat (WeChat ID: vcbeat) has learned that on September 28, Shanghai LinkCare Information Technology Co., Ltd. (“LinkCare”), a leading enabler of consumer healthcare institutions in China, announced the completion of its tens-of-millions-yuan Series B+ financing round, with Meituan Dianping as the investor.

 

Founded in July 2015, LinkCare is dedicated to empowering the healthcare industry chain through innovative technology. By connecting hospitals, clinics, physicians, patients, medical devices, data, insurance providers, supply chains, internet platforms, and third-party services, it delivers SaaS plus transactional services to the dental, medical aesthetics, and general practice sectors. Committed to building the most trusted enablement platform for consumer healthcare institutions, LinkCare has secured investments from Matrix Partners China, DXY, Fosun Group, and Meituan Dianping.

 

Currently, Linker e-Kanya has provided intelligent management systems and supply chain services to over 12,000 mid-to-high-end dental institutions, including Taikang Bybo Dental Medical Group, Happy Dental Medical Group, Beijing Ruicheng Stomatological Hospital, Beijing Huajing Dentistry, Hangzhou Bofan Stomatological Hospital, Henan Saisi Stomatological Hospital, De Zhen Hui Dental Chain, Bainianmao Dental, Suzhou Yaboshi Dental Chain, and Xi’an Little White Rabbit Dental Chain. The institutions on its platform deliver oral healthcare and treatment services to nearly 50 million people across China. Meanwhile, Linker YueRong Medical Aesthetics Cloud provides intelligent medical aesthetic management systems to hundreds of medical aesthetic institutions, such as Baihui Medical, Ba Da Chu Plastic Surgery Southwest Center, Meilifang, Beauty Farm, Phyderm, Star Harmony Medical Aesthetics, and Zhi Mei Yan He. The company has begun expanding into the Taiwan market and is poised to enter the Hong Kong market.


图片1_meitu_1.jpg


Wu Zhijia, founder of LinkedCare, stated that LinkedCare focuses on consumer healthcare sectors such as dentistry and medical aesthetics, providing next-generation intelligent SaaS management systems to these institutions. By connecting upstream and downstream partners, LinkedCare empowers institutions to improve operational efficiency in management, gain supply chain cost advantages in transactions, and build brands and acquire customers in marketing. It also offers value-added services, including supply chain finance, clinic renovation, and maintenance services, while enhancing physicians’ skills through curated training programs. Adhering to the core principles of medical quality and safety, LinkedCare’s products are built on the concepts of networkization, online integration, and intelligence, delivering value to consumer healthcare institutions by increasing revenue, reducing costs, mitigating risks, and improving efficiency.


Open Source:Provide SCRM, open platform, and clinic hotspot WeChat Mini Programs to offer medical institutions intelligent marketing and social e-commerce tools, helping them enhance their brand, achieve new customer acquisition, retention, and activation;


Hedging:Passed the international JCI accreditation, provided Clinical Decision Support System (CDSS) tools, established standardized processes, reduced errors, and improved healthcare quality;


Throttling:e-Kanya Enterprise Procurement provides dental institutions with a one-stop consumables supply chain service, directly connecting manufacturers with dental practices to shorten the supply chain, reduce transaction costs, and enhance industry efficiency. Additionally, by integrating intelligent inventory management with its B2B marketplace, it improves institutions’ supply chain and capital turnover efficiency while lowering operational costs.


Synergistic Enhancement:eKanya and Yuerong Medical Aesthetics Cloud support group-level chain management and mobile office operations. They feature structured electronic medical records (EMR) and CRM functionalities, with integration capabilities for public health insurance, commercial insurance, and mobile payments. The platforms support multi-site practice, patient referrals and transfers, and telemedicine models, while incorporating AI technologies such as voice input and facial recognition. By leveraging process optimization, data utilization, and intelligent technologies, they significantly enhance operational efficiency within healthcare institutions.


In the era of mobile internet, brand promotion and marketing have shown trends toward digitalization and socialization. Currently, e-Kanya and Yuerong Medical Aesthetics Cloud have integrated with the Meituan-Dianping app platform, facilitating smoother communication between consumer healthcare institutions and their clients. This integration helps establish deeper connections between institutional brands and customers, perfecting the closed loop of brand marketing, service, transactions, and sharing. LinkDoc looks forward to collaborating with Meituan-Dianping to create greater value for the consumer healthcare industry.


图片2_meitu_2.jpg 

Zhang Chuan, Senior Vice President of Meituan Dianping, stated that with the rise of consumption upgrades and the “beauty economy,” China’s consumer healthcare market has experienced rapid growth. As a leading SaaS and supply chain provider in the dental and medical aesthetics industries, Linkcare has established its industry influence and commercial network through three years of rapid expansion. It will help more traditional merchants accelerate their digital transformation, and we are optimistic about this major trend.

 

With the corporate vision of becoming the most trusted healthcare internet platform, LinkCare empowers the healthcare industry chain through innovative technology and is committed to helping customers succeed. Following this round of financing, LinkCare will increase its investments in the following areas to further support customer success:


First,Product Upgrade, increase investment in product research and development to provide more forward-looking networked, online, and intelligent products;

Second,Service Upgrade, enhancing the capabilities of the dental supply chain platform to help customers save money, effort, and worry;

Third,Artificial Intelligence (AI), the company will increase its investment in voice input, facial recognition, image processing, and smart hardware to help clients build intelligent clinics;

Fourth,Internationalization, YueRong Medical Aesthetics Cloud and e-Kanya will be prepared to expand into the international market.


Related Reading:

Partnering with 10,000 Dental Clinics: Lingjian e-Kanya Finds New Strategies in Intelligent Marketing and Flexible Supply Chain