111, Inc. (“111” or the “Company”), a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, and Jilin Baiyi Doctor Group Management Co., Ltd. (“Baiyi Doctor Group”), owner of the largest doctor group in China’s Jilin province, have entered into a strategic partnership where the companies will leverage the unique capabilities of 111’s digital platform to provide SMART-enabled healthcare services and doctor-patient management in Northeast China.
WHY IT MATTERS
HIMSS20 Digital
Following the Chinese government’s encouragement of doctors to offer multi-channel services, including virtual healthcare services, this strategic partnership between 111 and Baiyi Doctor Group will leverage technology to improve patient care, optimize the use of medical resources, and improve patient experience and outcomes through a holistic approach that “closes the loop” on needed medical services.
THE LARGER TREND
Late last year, 111 had announced an additional round of new capital injection to support the company in its business expansion. With its industry leading SMART supply chain infrastructure, the company will furnish support and professional services through its omni-channel platform to enable Baiyi Doctor Group to provide patients with an internet-based solution for diagnosis and treatment, as well as patient management service.
ON THE RECORD
Dr. YU Gang, Co-Founder and Executive Chairman of 111, commented, “Our commitment to serving patients is the driving force behind all of our service offerings. As a leading digital healthcare platform company, our goal is to leverage our technology and network to digitally connect patients with the products and services that they need. We are pleased to enter into this strategic partnership with Baiyi Doctor Group. Our platform will empower its doctors to better serve their patients, an important objective of our Business to Doctor to Customer strategy.”
Dr. HUANG Haiyan, Founder and CEO of Baiyi Doctor Group, commented, “Further incorporating digital technology in the healthcare sector allows doctors to provide healthcare services more efficiently, while also enabling patients to access quality healthcare at a time and place that is most convenient for them. With 111’s omni-channel drug commercialization platform, cloud-based service solutions, and integrated SMART supply chain, we will be able to significantly widen our service area and reach many more patients.”