Neusoft Xikang Health Technology

Neusoft Xikang Health Technology, which now operates as Xikang Cloud Hospital Holdings Inc., was established in 2011 by its parent company, Neusoft Corporation, a multinational IT solutions firm founded by Dr. Liu Jiren in 1991. Dr. Liu, the first person in China to receive a Ph.D. in computer applications, has led Neusoft's expansion into various technology sectors, including healthcare. Neusoft Xikang was created to focus specifically on the intersection of health management and internet technology.

The company is recognized for creating China's first city-specific cloud hospital platform, which connects local governments, medical institutions, patients, and insurance companies. This model aims to enable equitable access to medical resources and improve the efficiency of healthcare services. The business operates through four main segments: Cloud Hospital Platform Services, Internet Medical Services, Health Management Services, and Smart Healthcare Products. Revenue is generated from service fees for platform construction and from providing a suite of digital health offerings. These include online consultations, remote medical services, smart family doctor programs, and internet home care.

Since its inception, Neusoft Xikang has expanded its network significantly. By March 2023, it operated 29 city-specific cloud hospital platforms, connecting over 35,600 medical institutions and was noted as the largest cloud hospital network in China by city coverage. The company has attracted significant investment, including a US$170 million funding round in 2014 from investors like Hony Capital and Goldman Sachs. On September 28, 2023, Neusoft Xikang was officially listed on the Hong Kong Stock Exchange, marking it as the first stock in the "Internet + Healthcare" sector on the exchange. The company continues to invest in R&D, focusing on technologies like the Internet of Things, big data, and AI to enhance its platform's capabilities.

Keywords: digital healthcare, cloud hospital platform, telemedicine, health management services, smart healthcare products, internet medical services, remote medical services, home care services, medical IT solutions, chronic disease management, healthcare data integration, healthcare SaaS, online consultation, medical IoT, healthcare big data, family doctor services, digital health ecosystem, hospital information systems, mobile healthcare