Internet healthcare for patients

Telemedicine

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Internet healthcare for patients
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Scale-up investment in internet solutions that could provide patients with the following services: online diagnosis and treatment, scheduling appointments with doctors, providing medical advice and chronic disease management, as well as pharmaceutical e-commerce.

Profits can be generated through: basic service to users using basic functions and value-added premium services to users with a higher willingness to pay; precision marketing for commercial medical insurance companies.

Expected Impact

Improve access to healthcare and reduce pressure on healthcare facilities, minimize the risk for patients and healthcare workers during viral outbreaks

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
Vision Fund I invested USD 400 M in Ping An Health Cloud in 2017. Leishi Ruifeng invested USD 540 M RMB in Heren Health in 2010. Jinshi Haorui invested USD 300 M RMB in Heren Health in 2010. Kunling Capital invested USD 520 M RMB in Miaoshou in Apr 2018.
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Reduced Inequalities (SDG 10) Sustainable Cities and Communities (SDG 11)
Sector Sources
  • 1) Ministry of Foreign Affairs,2019 https://www.fmprc.gov.cn/mfa_eng/topics_665678/2030kcxfzyc/P020190924780823323749.pdf 2) UNDP.2019 https://www.cn.undp.org/content/china/en/home/library/human_development/national-human-development-report-special-edition.html 3)UN Women. (2020). Policy Brief: The Impact of Covid-19 on Women and Girls. UN Women.
IOA Sources
  • "21) International Journal for Equity in Health,2017 https://equityhealthj.biomedcentral.com/articles/10.1186/s12939-017-0543-9" 22) Analysys, 2020, "Annual analysis of Internet healthcare in China 2020" (《中国互联网医疗年度分析2020》) , analysys.cn/article/detail/20019817 23) the Ministry of Health, "Administrative measures for Internet health care information service" (《互联网医疗保健信息服务管理办法》), http://www.gov.cn/flfg/2009-06/23/content_1347818.htm 24) State Council, "Opinions on promoting the development of Internet healthcare" (《关于促进“互联网+医疗健康”发展的意见》), http://www.gov.cn/zhengce/content/2018-04/28/content_5286645.htm 25) (National Healthcare Security Administration, 2019,"Guidance on improving the Internet healthcare service price and medical insurance payment" (《关于完善“互联网+医疗服务价格和医保支付政策的指导意见”》) , http://www.nhsa.gov.cn/art/2019/8/30/art_37_1707.html 26) National Health Commission, 2020, "Notice on Internet consultation service in epidemic prevention and control" (《关于在疫情防控中做好互联网诊疗咨询服务工作的通知》), http://www.nhc.gov.cn/yzygj/s7653p/202002/ec5e345814e744398c2adef17b657fb8.shtml 27) State Department, 2020, "Implementation Opinions on further optimizing business environment and better serving market entities" (《关于进一步优化营商环境更好服务市场主体的实施意见》) , http://www.gov.cn/zhengce/content/2020-07/21/content_5528615.htm 28) Sohu, 2018, https://www.sohu.com/a/285146956_120044667 "29) South China Morning Post, 2019 https://www.scmp.com/economy/china-economy/article/3013976/chinas-fragmented-health-care-system-under-increasing"