Ping An Healthcare and Technology Company Limited acquired Ping An Smart Healthcare for $96.864 million. The companies are based in Shanghai.
Ping An Healthcare and Technology Company Limited is a part of Ping An’s managed care services system and also the flagship platform of Ping An’s healthcare ecosystem. It has established a business model based on managed care, family doctor membership and O2O (offline-to-online) healthcare services.
Scientia Smart Health Technologies Limited and Ping An Yingxiang (Jiaxing) Software Company Limited, collectively referred to as Ping An Smart Healthcare, are business segments of Ping An Smart City. The two segments have empowered more than 55,000 medical institutions in more than 180 cities and assisted more than 1.4 million doctors.
According to the LevinPro HC database, this was the 38th Managed Care transaction of the year. This compares with 48 Managed Care deals recorded in 2021.