
UBCare
Leading provider of EMR solutions for South Korea.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
* | KRW208.8b Valuation: KRW396.2b | Acquisition | |
Total Funding | 000k |
UBCare is a digital healthcare solutions company and the leading provider of Electronic Medical Record (EMR) solutions in South Korea, holding the largest market share. The company was founded in December 1994 as 'Medidas', an in-house venture of Medison, after launching the first Korean EMR system, 'Ysarang', in 1993. It was listed on the KOSDAQ in July 1997.
The company's core business revolves around its 'Ysarang' EMR platform, which serves over 17,700 hospitals and clinics and 8,000 pharmacies across a nationwide network. UBCare's business is structured into several divisions: EMR solutions, pharmaceutical and medical supply distribution, and data/marketing solutions. Revenue is generated through the EMR platform, value-added services, online shopping malls for medical supplies, and providing data analytics and marketing solutions to pharmaceutical companies.
Serving a wide range of clients from small clinics to hospitals and pharmacies, UBCare provides integrated management solutions, mobile patient management, and systems for electronic prescriptions and automated inspection requests. Through its subsidiaries, such as Cretem and Hectonproject, the company has expanded into pharmaceutical automation systems and senior care platforms. In 2020, GC Healthcare (formerly Green Cross Healthcare) acquired a majority stake in UBCare, aiming to accelerate its digital healthcare business and create a comprehensive medical data platform that connects medical providers with patients.
Keywords: Electronic Medical Record, EMR, healthcare IT, digital healthcare, pharmacy management systems, medical data, pharmaceutical distribution, Ysarang, medical software, South Korea, clinic management, healthcare solutions, pharmaceutical marketing, health data analytics, patient management, medical billing, prescription data, GC Care, Medidas, Cretem.