Singapore-based DocDoc, a digital community of physicians and hospitals supporting sufferers to seek out high quality medical care in Asia, at the moment introduced a partnership with Kaitaiming Expertise (KTM) to increase its attain into China. KTM is an insurance coverage danger management firm based in Could 2015 in Beijing, China and focuses on combining insurance coverage experience with data know-how, massive information and AI.
The collaboration will see DocDoc providing its physician discovery companies to the policyholders of China’s high insurance coverage corporations on KTM’s platform.
DocDoc, which calls itself the world’s first affected person intelligence firm, would be the unique provider of physician discovery companies to KTM and its associates for medical doctors in Southeast Asia, Hong Kong, and South Korea. Below the settlement, KTM, which operates the world’s main insurance coverage danger management platform for insurers will combine DocDoc’s physician discovery service into their insurance coverage agent software. The applying empowers brokers to increase their buyer base in addition to enhance engagement with current clients.
Policyholders of KTM’s insurance coverage companions additionally will acquire entry to a medically educated concierge crew which leverages DocDoc’s AI-powered physician discovery platform, HOPE (Heuristic for Final result, Value and Expertise), to match policyholders to the appropriate medical doctors. In response to DocDoc, HOPE processes data collected by the corporate on every physician’s observe patterns at a process and situation degree of granularity and makes use of predictive analytics to discover a finest match between a physician’s experience and the policyholder’s distinctive wants.
THE LARGER TREND
Final August, DocDoc raised $13M in its newest institutional capital spherical led by Adamas Finance Asia Restricted (ADAM), a London-listed funding firm, alongside main regional household places of work, a fund managed by a world funding agency specializing in monetary companies and the Cyberport Macro Fund, MobiHealthNews reported.
ON THE RECORD
“China is the world’s most fun insurance coverage market. KTM is China’s main insurance coverage know-how firm with an distinctive monitor document of serving the nation’s largest insurance coverage corporations. DocDoc’s AI-powered physician discovery service is ideally suited to serve China’s huge unmet want for shoppers on the lookout for prime quality inexpensive care. This partnership has the potential to affect your complete ecosystem. We’re delighted to be partnering with KTM to be its unique physician discovery service supplier in Asia and to enhancing the supply of look after policyholders all through China,” mentioned Cole Sirucek, Chief Govt Officer and Co-Founding father of DocDoc.
Wang Hui, Founder and Chairman of Kaitaiming, commented: “COVID-19 has highlighted to us the significance of getting the appropriate help system in place so policyholders can discover the appropriate care wherever they’re, and every time they want it. With its healthcare community spanning over 23,000 medical doctors throughout Asia and a singular strategy to figuring out the appropriate look after every policyholder, DocDoc stood out because the associate of option to us for physician discovery companies.”