Home Pediatric Chain Wellem Secures $30 Million Series B Funding Led by HighTone Capital

Pediatric Chain Wellem Secures $30 Million Series B Funding Led by HighTone Capital

Sep 12, 2017 16:56 CST Updated 16:56

74f4e79bly4fjgsq2q50vj20m80aq3z7_meitu_1.jpg


VCBeat (WeChat: vcbeat) has learned that the high-end pediatric chain provider WellChild Pediatrics (“WellChild”) recently announced the completion of a $30 million Series B financing round led by GTJA Capital. This marks WellChild’s second fundraising round following its Series A investment from U.S.-based Resonance Capital in 2016. China Renaissance served as the exclusive financial advisor to WellChild Pediatrics in this transaction.


In 2014, Weier Nuo Pediatrics was established in Shanghai. As a typical American-style medical institution, it integrates Chinese and Western child-rearing approaches into its pediatric healthcare model. Leveraging years of international clinical experience, it has introduced the concept of American private healthcare to China.Adhering to evidence-based medicine and advocating a preventive healthcare philosophy that avoids overtreatment.


Evidence-based medicine differs from traditional medicine, which is primarily based on empirical medicine—that is, diagnosing and treating patients according to non-experimental clinical experience, clinical data, and an understanding of the fundamental knowledge of diseases.Evidence-based medicine emphasizes that any medical decision should be based on the best available scientific research evidence.


Weier Nuo primarily provides high-quality disease diagnosis, personalized treatment, and healthcare services for children aged 0–18. Currently operating in Shanghai, Shenzhen, Hangzhou, and other cities, it offers general pediatric outpatient services, specialized clinics for allergic diseases, endocrinology, pediatric optometry and vision care, pediatric dentistry, American-style pediatric wellness, as well as a Center for Child Growth and Development.


The reporter learned that Weier Nuo's nationwide planned construction ofThe number of pediatric clinics has reached 11., the future development strategy will center on Shanghai and Shenzhen, radiating to the Yangtze River Delta and Pearl River Delta regions, and expanding to cities such as Chongqing and Chengdu. The goal is to expand the number of outpatient clinics to 30 within three to five years.


The greatest value of private pediatric clinics lies in providing preventive healthcare services and facilitating tiered referrals for critical illnesses and complex, refractory conditions. WeierNuo has partnered with several major hospitals to establish green referral channels, thereby helping patients access medical care more effectively.


In fact, given the insufficient resources at public pediatric hospitals,Developing Private Pediatric Medical Institutions Will Effectively Supplement Children’s Healthcare ServicesOn May 18, 2016, the National Health and Family Planning Commission issued the “Guiding Opinions on Strengthening the Reform and Development of Pediatric Healthcare Services,” which calls for guiding and encouraging social forces to establish children’s hospitals and pediatric clinics, thereby fostering a diversified healthcare delivery landscape to meet the diverse needs of pediatric medical and health services.


At a time when pediatric resources are scarce, the ability to attract top-tier physicians and cultivate internal talent has been a key driver of Weier Nuo’s rapid growth. Dr. Wu Hanji, a renowned expert in family medicine from the University of Hong Kong-Shenzhen Hospital, has assumed the role of Medical Director at Shenzhen Weier Nuo, while Dr. Bassil Kublaoui, who has been repeatedly named among America’s Best Doctors by U.S. News & World Report, serves as a medical advisor. The Weier Nuo team is highly proactive, excelling in expansion and resource integration—a distinctive approach that sets it apart from typical healthcare institution managers.


As overtreatment and overmedication are discouraged,The clinic's profitability relies primarily on consultation fees.. Although it is not yet integrated with the traditional public health insurance system, Weienuo has established partnerships with 16 domestic and international commercial insurers, including Ping An Insurance of China, Fosun, Cigna & CMB, and ICBC-AXA Life Insurance.


This September, Weier'nuo Pediatrics introduced a new "one-stop" medical and healthcare service concept, encompassing six key dimensions: child health care, pediatric disease management, psychology, intelligence, nutrition, and behavioral development. Meanwhile, it advocates the integration of medicine and education, linking doctors, parents, and children to better address all aspects of infant health, representing the future trend in pediatric healthcare.


1. Integration of Medicine and Education


WeierNuo is more than just a pediatric outpatient clinic; its educational philosophy helps parents better understand the importance of children's health. Through courses covering daily life guidance, child psychology, and growth and development, we enable parents to gain a comprehensive understanding of all aspects of pediatric health, thereby facilitating primary prevention and early intervention to eliminate health risks at their source.


Weirnuo prioritizes doctor-patient interaction, strives to maintain strong relationships with the families it serves, and emphasizes the family physician model.

Compared to the current pediatric care system in China, Weier Nuo Pediatrics places greater emphasis on “education.” It advocates a service model that integrates medical care with education, as educating parents on how to assess their child’s health status, determine the appropriate timing for seeking medical attention, and perform daily care is more important than merely treating illnesses when they occur.


2. Pediatric Diseases

 

Weier Nuo advocates a general pediatrics approach, providing comprehensive pediatric diagnostic and treatment services, and is dedicated to the diagnosis, treatment, and prevention of common childhood diseases. In addition to standard departments, Weier Nuo features specialized clinics, including Dental Clinic, Allergic Diseases Specialty Clinic, Endocrinology Specialty Clinic, Pediatric Rehabilitation Department, Optometry Clinic, Green Traditional Chinese Medicine Clinic, and Child Growth and Development Center.

 

To build a healthcare system tailored to Chinese people, Weienor’s medical team consists of senior pediatricians from renowned pediatric hospitals and Grade 3A hospitals in both the United States and China, enabling American-style private healthcare to be adapted to local conditions and better suit domestic families. Furthermore, to address common illnesses more rapidly,Independently Developed Online Membership System and WeChat Consultation System, connecting doctors and families in real time via the internet.


3. Child Healthcare

 

In American-style pediatric care, Weieno places significant emphasis on infants' growth and development. At Weieno, the dedicated well-child care physician and the pediatric illness specialist are one and the same, fostering an integrated approach to well-child care and pediatric disease management. In the public perception, American-style pediatric care typically encompasses only four components: comprehensive physical examinations, growth and development assessments, parenting guidance, and vaccination counseling. However, WeienoInclude the ASQ Child Behavior and Development Assessment as well., and better monitor the baby's healthy growth.

 

4. Psychology

 

Weier Nuo systematically unlocks babies’ potential in a step-by-step manner, based on the physiological characteristics of each stage of infant development and grounded in evidence-based medical science. Meanwhile, it helps parents gain a comprehensive understanding of their child’s physiological and psychological developmental milestones at each stage, providing 360-degree holistic care and professional services to fully alleviate parental anxiety and strengthen the parent-child bond.

 

5. Intelligence

 

To fully capitalize on the critical periods of infant development, Wellbaby Pediatrics has established Weizhi e-Academy. As the first one-stop service center for infants and toddlers in Shanghai under the Wellbaby Medical Group, it formulates individualized growth plans based on the baby’s age in months and provides comprehensive, one-stop family physician services. These services include a series of programs such as early potential development, parent-child interactive training, and guidance on feeding and complementary food introduction.

 

6. Nutrition

 

Nutritional needs are paramount for a baby’s healthy growth. Each baby is unique, with individual nutritional requirements that necessitate tailored feeding approaches. Weier Nuo Pediatrics will guide parents on breastfeeding, introducing complementary foods, addressing feeding challenges, ensuring food safety and making appropriate choices, and encouraging self-feeding, all aligned with the nutritional needs of each stage of their child’s development. This comprehensive support lays a solid foundation for the baby’s holistic development.

 

7. Behavioral Development

 

Weier Nuo specializes in cultivating attention and emotional regulation in preschool children, and addressing attention, learning, and emotional-behavioral issues, as well as parent-child conflicts, in school-aged children and adolescents. Through individual psychological counseling, family therapy, on-site guided attention training sessions, play therapy, cognitive behavioral therapy, and sensory integration training, we enhance children’s attention and emotional management capabilities while improving parent-child relationships.

 

Regarding this round of financing, Liu Xiaoxiao, founder of Weienno, stated, “We do not focus on sales; instead, we devote greater efforts to product development, service excellence, and brand building. Our aim is to deliver products and services of the highest quality, thereby generating positive word-of-mouth and establishing a strong brand effect.”


She stated that Weirnuo has already assembled an excellent medical team to provide comprehensive one-stop healthcare services for children, with members primarily recruited from the United States, China’s four leading pediatric hospitals, and Grade 3A hospitals.Meanwhile, through an innovative system combining professional managers with physician partners, providing us with the internal drive to maintain rapid growth.


Discussing the investment in Weienno, Sun Jialin, Partner at GTJA Capital, stated: “Weienno is positioned as a premium American-style pediatric care provider. After years of accumulation, it has established a mature pediatric medical service system and a standardized clinic operation framework, and is poised to enter a phase of rapid growth in the future. GTJA Capital focuses primarily on investments in the healthcare sector, with significant strategic presence in maternal and child health services. Following the completion of this round of financing, GTJA Capital will fully leverage its industry resources to provide strong support for Weienno’s development.”


Following this round of financing, Weienno will accelerate its expansion and strategic layout, further solidifying its leading position in the high-end pediatric chain sector.