YiduCloud and Chongqing Medical University Establish China's First Medical Data Research Institute as YiduCloud Files for IPO

Collaboration between medical big data companies and hospitals to unlock the value of clinical data has become a key development path for the medical big data industry.

How can the authenticity, continuity, and validity of clinical data be ensured? How can customer heterogeneity and customization needs be addressed? How should medical big data companies establish their business models? These questions determine whether the value of these enterprises can be truly created and realized.

To address these issues, the key lies in the depth and breadth of collaboration between enterprises and hospitals.

Guests at this inaugural meeting include:

The newly established research institute will conduct research on standards, security, technology, and applications in the field of medical big data. It will undertake various scientific research projects from national, enterprise, and public institutions to jointly build a medical industry transformation center. By jointly carrying out in-depth cooperation and innovative research based on the four-in-one integration of medicine, education, research, and industry, it aims to truly promote the development of medical big data technology and applications in China.

In addition to cultivating talent for the medical data science industry, the Institute will also promote the disciplinary development of Chongqing Medical University and foster interdisciplinary integration.

Regarding the company’s development over the past two years, Sun Zhe stated, “At this stage, Yidu Cloud has established collaborations with more than 70 of the top 150 hospitals in China and has formed the DPAP Alliance.”

According to him, currently,The alliance already comprises over 10,000 physicians, covers more than 3,000 disease types, involves 110+ research projects, and maintains over seven specialized disease databases.。

Technologically, Yidu Cloud’s platforms for clinical research and hospital management are all built on a hybrid cloud infrastructure. In addition to providing SaaS application-layer services, Yidu Cloud deploys a private cloud for each hospital, thereby formingCloud Service System Spanning the Three Major Layers of IaaS, PaaS, and SaaS。

Regarding the authenticity, continuity, and validity of clinical data, Sun Zhe stated: “The authenticity and validity of data from Yidu Cloud’s collaborations with hospitals are predicated on the hospitals having completed their basic informatization infrastructure.”

Yidu Cloud collaborates with Grade A tertiary hospitals, where the number of in-hospital information systems typically exceeds 150. In such scenarios, electronic medical record (EMR) data collected by these systems, such as blood pressure readings and medical images, are relatively objective. Therefore, the validity and authenticity of this type of data can be ensured to a certain extent.

Regarding data continuity, Yidu Cloud differentiates between real-time and non-real-time application platforms, thereby helping hospitals reduce costs and improve system operational efficiency.

For research platforms within hospitals, Yidu Cloud’s system updates are relatively infrequent, occurring once every few days. However, for certain hospital operations that demand high real-time performance, such as hospital management services, managers need to understand daily operational status. Therefore, Yidu Cloud tailors its solutions to these specific scenarios by implementing real-time synchronization to achieve dynamic updates.

Overall,Since each system within a hospital connects to different resources, business requirements determine the level of real-time performance required.。

Yidu Cloud has partnered with more than 70 hospitals.

Regarding the variations among different hospitals, Sun Zhe stated, “Medical data research primarily includes retrospective studies, prospective studies, and meta-analyses. Although hospitals may focus on different aspects of diseases, the tools and pathways for platform-based scientific research are fundamentally consistent.”

For instance, while some people prefer sandwiches and others favor hamburgers, both essentially require vegetables and bread. Yidu Cloud provides foundational services akin to these “vegetables and bread,” thereby ensuring that the data platforms and products used by all hospitals adhere to a unified standard.

Peng Tao, Chief Data Scientist at Yidu Cloud, stated: “There are indeed certain differences in the needs of each hospital. For example, the approaches to data processing vary across hospitals. Furthermore, organizational models often differ from one hospital to another.”

In such cases, even the same product can have significant variations in its configuration. If a team with limited technical capabilities treats each variation as an independent project for implementation, the outcome will inevitably be failure, whether viewed from the perspective of time or financial costs.

Therefore,Yidu Cloud’s products will invariably focus on the most critical needs of hospitals, maximizing the elimination of differentiated demands across healthcare institutions.。

Yidu Cloud was founded in 2013. Its founder, Sun Zhe, comes from an investment background. During the early years of Yidu Cloud’s development, Sun Zhe invested in multiple startups. He holds unique perspectives on the investment logic for early-stage enterprises:

I have previously invested in companies within the healthcare IT and pharmaceutical sectors. Consequently, I have a clearer understanding of their pain points and what they truly need in the big data era.

Investment serves as an effective strategy for Yidu Cloud to identify teams with diverse strengths and specialized expertise. This model facilitates the establishment of a long-term, trust-based interest mechanism among enterprises, fostering tighter integration and enhanced synergy.

For hospitals, Yidu Cloud’s internal shared resources and its teams with specialized expertise can help them obtain more comprehensive services.

Companies invested in by Yidu Cloud are mainly focused on three areas:

1. Medical research. For instance, teams that excel in study protocol design, or those with strong capabilities at the research system level.

Second, a team specializing in medical management; third, a team proficient in optimizing diagnosis and treatment.

The healthcare industry is a vast sector, and it is impossible for Yidu Cloud alone to provide all the services.Therefore, the investment approach can make Yidu Cloud's products and services more comprehensive.。

Regarding the business models of medical big data companies, Sun Zhe stated, “I personally have a strong aversion to companies that illegally buy and sell hospital or patient data.”

Yidu Cloud collaborates with hospitals to jointly establish medical big data platforms. On these platforms, Yidu Cloud integrates a wide range of application services, including those provided by companies in which Yidu Cloud has invested.

The medical big data platform is a free service, but its research-oriented and management-oriented services can meet the personalized needs of individual hospitals.These services, offered to a select few, are fee-based. This constitutes the business model between Yidu Cloud and hospitals.

It is akin to Yidu Cloud building a highway that everyone can use. Yidu Cloud does not charge for road construction or tolls.

Yidu Cloud will build restaurants, service stations, and other facilities along this route. By continuously enriching the functionalities and services offered along this path, it aims to deliver greater value to its customers.