China's First Tertiary Hospital Nurse Group Files IPO Prospectus, Driving High-Quality Medical Resource Decentralization
On May 12, on the eve of International Nurses Day, the 2016 China Nurse Group Conference and the press conference for the establishment of the “Grade A Tertiary Hospital Nurse Group Research Institute,” jointly organized by First Video Group’s “Yihu Daojia” in collaboration with VCBeat, 39 Health Network, China Nurse Network, Phoenix Health, and other institutions, was officially held at the National Convention Center in Beijing.
In December 2015, under the guidance of the Information Center of the National Working Commission on Aging, “Huyi Daojia” joined forces with more than 1,000 registered nurses on its proprietary platform to establish the Sanjia Nurse Group—the largest nurse collective in China based on mobile internet and the first of its kind—providing professional in-home nursing services to patients in nearby areas. It is reported that the Sanjia Nurse Group Research Institute is the first non-profit organization in China dedicated to the nursing industry, as well as the first research institute of its kind under a Sanjia Nurse Group.
Following the establishment of the Top-Tier Hospital Nursing Group Research Institute, efforts will center on two key themes: “establishing standardized processes for the nursing industry” and “enhancing nurses’ professional knowledge and skills.” The institute aims to bridge the gap between high-quality nursing resources in first-tier cities such as Beijing, Shanghai, and Guangzhou and the demand for nursing services in county-level areas, thereby facilitating the implementation of tiered diagnosis and treatment, expanding channels for multi-site practice among nursing professionals, and promoting the downward allocation of high-quality medical and nursing resources.
A representative from the home healthcare platform “Yihu Daojia” stated that the Sanjia Nurse Group has implemented a stringent access mechanism. First, all nurses providing services on the platform must hold valid practicing credentials. Second, these nurses are only permitted to offer in-home nursing services—such as injections, intravenous infusions, nasogastric feeding, and dressing changes—after passing a thorough review process.
For services provided by nurses during home visits, the Sanjia Nurse Group also establishes clear service conditions and scope limitations. For instance, for home-based injection and infusion services, patients must provide documentation authorizing such services outside of a hospital setting and sign an "Informed Consent Form" in advance before nurses can administer injections or infusions at the patient's home.
In addition, Yihu Daojia has partnered with PICC, Asia’s largest insurer, to jointly launch a comprehensive accident insurance plan that provides free coverage for both nurses and patients throughout the care process, thereby alleviating concerns for both parties.
Leaders from the National Office on Aging and the National Health and Family Planning Commission attended the event and extended their congratulations on the establishment of the Researcher Group for Grade 3A Hospitals.
It is reported that “Huyi Daojia” is a mobile health information platform developed by Qianyi Health, a subsidiary of First Video Group (00082.HK). With the mission of building a global medical and health information service platform, it leverages the advantages of mobile internet technology to establish an information service platform connecting doctors, nurses, and patients. In January 2016, Huyi Daojia became the first pilot entity in China for internet-based medical and elderly care services, undertaking the social responsibility of providing home nursing services and promoting the implementation of integrated medical and elderly care, thereby leading the healthy development of the industry.
In addition, the Top 30 “China’s Best Nurses” were announced at the press conference, and an awards ceremony was held. Leaders from the National Working Commission on Aging, the National Health and Family Planning Commission, and the Chinese Nursing Association attended the event.