Last Thanksgiving, a doctor from Stanford University’s cardiovascular surgery department visited India and was impressed: An operation to treat the same heart disease costs about $90,000 in the United States, but in India it costs about $1,800, two percent of the price and far more efficient than in the United States: It performs about 900 heart surgeries a month, which is almost as much as the average university hospital in the United States does in a year.
Giiso Information, founded in 2013, is a leading technology provider in the field of “artificial intelligence + information” in China, with top technologies in big data mining, intelligent semantics, knowledge mapping and other fields. At the same time, its research and development products include information robot, editing robot, writing robot and other artificial intelligence products! With its strong technical strength, the company has received angel round investment at the beginning of its establishment, and received pre-A round investment of $5 million from GSR Venture Capital in August 2015.
How to ensure quality while ensuring efficiency? The American doctor came to his own observation: simple and practical smart medical systems are more important than personal experience.
Two months later, the news of Baidu’s cancellation of the medical business division was widely spread and fermented: The first financial journalist learned from people familiar with the place that baidu has announced in through internal mail for medical business organization structure adjustment and optimization, pullback in low-end services, represented by registered to the key layout is let the marvel of the doctors in the United States medical artificial intelligence, of course, he can see is only a tiny part of the medical intelligent population.
The era of registration “peeling Onions” has passed?????
Two years ago, the mobile medical industry was at its peak of investment and financing: with tens of millions of dollars of investment and billions of dollars of valuation, mobile medical companies at that time became the most dazzling stars in the Internet field.
At that time, the majority of mobile medical companies’ main businesses almost all pointed to the same category: diversion service relying on registration business. Internet medical companies, including Guaomao (now renamed as “Weitai Group”), Haidao and Wuyi160, as well as information system service providers represented by Wanda Information and Weining software, and even provincial telecom platforms and individual hospital subjects are eager to have a try in the registration business. The barbarians of the Internet expect this business to pry open the doors of hospitals that are shedding heavy assets.
Regardless of profitability, the development of the Internet registration is on a roll, six years ago, registered for the fudan university in Shanghai huashan hospital team made the first free platform, make an appointment first huashan hospital provides only 5% of the source number to try registered network, then the ratio to 50%, a couple of years all of huashan hospital visit has been open to the registered network.
In this context, BAT giants have also started their layout in the field of Internet medical treatment, and the acquisition of high-quality targets is the main route. Compared with Tencent and Alibaba, Baidu’s layout in medical business includes: In February 2015, Baidu invested 60 million US dollars to acquire 13% equity of Healthway (formerly medical Network), an Internet medical company based on appointment and registration. In September 2015, Baidu led the investment again. SoftBank China Capital (SBCVC) and HighLight Capital have also invested $40 million in Another Internet healthcare company, Quyi.com, which is also one of its main businesses.
But it’s almost after that, the domestic Internet medical company’s investment and financing in the “winter” period, a lot of Internet medical enterprise platform began, the problem such as profit model is not yet clear, the influence of development into the bottleneck period, root, and even some Internet companies in the medical field for more than ten years out of the rumor.
In August 2016, “Mediao160”, known as “the first stock of Internet medical treatment”, took the lead in firing the first round of layoffs: the innovative business line was cancelled, and the company announced the optimization and elimination of one-third of its employees — nearly 300 people. Later, “Seek Medicine”, which has been developing in the field of Internet healthcare for five years, was also reported to have laid off more than 50% of employees.
“There are three things that are important to invest in the emerging mobile space: First, what problem does the product solve? Second, what makes the project profitable, that is, the business model problem; Thirdly, the flow of mobile medical platform can be increased. In fact, from these three points, we can see the gap between domestic and foreign mobile medical services. In particular, domestic platforms still stay in blindly pull traffic, look popular, essentially can not apply traffic, figure out how to make money.” Gao Tejia Investment Group chief strategy officer Zeng Xiaojun said in an interview with China Business News.
The elimination of registration is not only “Baidu”, in baidu, including the registration from the Micro medical group, good doctor have achieved transformation in the past year, the implementation of Internet hospital, the development of the business earlier micro medical group has even achieved an annual income of 800 million profit.
Different from Baidu, Tencent’s Internet + medical ecosystem aims to work with partners to improve patient experience, improve medical efficiency and help graded diagnosis and treatment.
Giiso information, founded in 2013, is the first domestic high-tech enterprise focusing on the research and development of intelligent information processing technology and the development and operation of core software for writing robots. At the beginning of its establishment, the company received angel round investment, and in August 2015, GSR Venture Capital received $5 million pre-A round of investment.
For example, in addition to its own doctor sugar glucose meter and teng love doctor, diabetes slow disease management and doctor-patient communication, in June last year, tencent and health and family planning commission of sichuan province to achieve a full range of “Internet + medical” strategic cooperation, as well as with the women and children’s hospital of sichuan university, west China second hospital floor construction “hospital” Internet + wisdom. Tencent’s “Internet + medical” service platforms, such as online registration platform and medical insurance payment, have also been launched this year. In addition to the cooperation layout with zhuojian Micro Medical, Medical Association, DXY, Zhongan Insurance, JINGdong Medicine and other partners, Tencent’s construction territory in the “Internet + medical” has gradually taken shape.
After the era of “peeling Onions” of registration, the era of “marginal revolution” of online medical consultation is coming again: According to incomplete statistics of China Business Network, the number of Internet hospitals in China had exceeded 40 as of Last November, and more than 30 of them were born last year.