Almond Clinic Unveils China's First WeWork-Style Multi-Practice Medical Studio, Files for IPO

[VCBeat News] Almond Doctor’s first offline multi-site practice studio for physicians (Almond Clinic) has completed renovation and will officially open on July 17. The inaugural clinic is located in Shenyang.

It is understood that the first Xingren Clinic covers an area of over 600 square meters, with ten consultation rooms, two treatment rooms, and other functional areas. The electric examination tables do not require bed sheets, as they are automatically refreshed with paper, and disposable sterile scalpels are used. All premises, decoration, facilities, equipment, and staff at the Xingren Clinic are provided by Xingren; physicians need only register for multi-site practice. Patients can book appointments online in advance and receive care at the Xingren Clinic.

Xingren Doctor Shenyang Clinic Reception

Offline clinics are a key component of Almond Doctor’s business model. The opening of its Shenyang outpatient clinic marks Almond Doctor’s formal transition from operating solely as an online platform to pursuing integrated development that incorporates physical healthcare operations.

Xingren has created a comfortable offline environment for physicians to practice at multiple locations, thereby closing the loop on the online-to-offline (O2O) business model in mobile healthcare. This enables doctors not only to serve their patients online but also to provide clinical services offline. It is reported that as of June 2016, Xingren Doctor had accumulated 401,208 verified physicians with real-name authentication.

Martin, Founder and CEO of Xingren Doctor, first proposed the concept of multi-site practice studios for physicians and a “WeWork” model for doctors back in 2015, predicting that competitors would soon emulate Xingren’s pioneering approach within the following year. Martin stated, “Even if others copy us, I am not concerned, because offline operations are far less replicable than online ones. While online platforms can be propped up by fabricated data, truly implementing multi-site practice studios is no simple feat. Xingren’s strong moat lies in its long-accumulated base of genuine users and its offline consultant team covering 34 cities. Xingren will continue to lead industry development through innovation, steadfastly committed to saving China’s healthcare system by empowering physicians.”

Consultation Rooms for Various Specialties at Xingren Doctor Shenyang Clinic