Home HuanYiTong Files IPO Prospectus: Bridging the Communication Gap Between Doctors and Patients

HuanYiTong Files IPO Prospectus: Bridging the Communication Gap Between Doctors and Patients

Jun 17, 2015 18:06 CST Updated 18:06
I. Entrepreneurial Project: HuanYiTong

II. Entrepreneurial Positioning:The First Platform Dedicated to Resolving Doctor-Patient Communication Barriers Arising from the High Level of Medical Professionalism

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III. Founders: Yang Hao, Pan Geng, Jin Xin

IV. Entrepreneurship Q&A:

1. What was the original intention behind starting the business?
Answer: Information asymmetry, stemming from the highly specialized nature of medical knowledge, is a significant contributor to strained doctor-patient relationships. (The vast majority of doctor-patient conflicts are not caused by medical malpractice or errors; rather, they primarily result from poor communication, a lack of objective understanding of medicine, and psychological imbalance arising from unmet unrealistic patient expectations.)


----Bi Hongsheng, Deputy to the National People's Congress and Director of the Eye Hospital Affiliated to Shandong University)




  • Doctor:


1. Lack of communication skills
2. Uneven Quality of Medical Services
3. Work intensity and pressure lead to a lack of willingness to communicate
4. The Special, Complex, and Abstract Nature of Medical Knowledge.

  • Patient:


1. Significant disparity in knowledge levels and information asymmetry.
2. Anxiety, fear, and resistance toward surgical treatment.
3. Lack of proper understanding of diagnostic and treatment risks.
4. Excessively high expectations for diagnosis and treatment.

2. What is the revenue model?
A: In light of the difficulties tertiary hospitals face in making heavy-asset purchases and upfront investments, a model based on hardware leasing and annual service fees charged by disease type and cycle is adopted to generate sustainable revenue.

Based on standard disease categories and surgical procedures, clients have requirements for personalized adjustments; hospitals may also charge customization fees for such tailored content related to admission processes.