More Health releases MORE ECO plan
Time Published:2016-07-15Source:Author:
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On 22 June 2016, Sanpower Group’s mobile health management platform company More Health held a conference to officially launch its “MORE ECO” Broad Health industrial chain ecosystem strategy. The conference was attended by Bu Jiangyong, Vice President of Sanpower Group, Cui Chunlan, Assistant President of Sanpower Group and Executive Vice President of Sanpower Management Academy, Chen Gang, President of Funtalk Telecommunications, Zhu Wei, Executive Vice President of Funtalk Telecommunications, Kong Fei, CEO of More, Xu Yuhua, President of 21st Century Hospital, Zhang Jianmin, Director of the Health Insurance Division of Sunshine Insurance, Liz Dickinson, founder of smart hardware firm MIO Global, and nearly 300 industry partners and media guests.
More Health is an industry leading mobile health management platform, dedicated to providing an entry point to health management using mobile data for people of all ages. By connecting to a number of global smart hardware devices, the platform enables users to monitor their and their family’s health data, provides personalised health risk assessments and health solutions and allows access to premium third party health and senior-care services for users with health risks.
CEO of More Health Kong Fei said, “The More Eco plan is not an upgrade of the app, but an open internet health ecosystem chain offering mutual benefit to partners.” Across the whole ecosystem chain, More Health will develop an internet health chain in synergy with the strategic resources in Sanpower’s broad consumption, broad health, broad finance groupings and with industries such as smart wearable devices, insurance, physical examinations and medical services. The ecosystem chain built by the More Eco plan will be able to eliminate to the greatest extent communication costs and data barriers between industries and make partners in different fields each other’s customers, sharing data and resources and truly creating value and mutual benefit in the internet-enabled healthcare sector.
At the conference, More Health also released a brand new algorithm called the “health behaviour index” (or the “M value” for short). More will manage users’ health behaviours using this M value. It is the first health management platform in China having a dedicated team to extract a core algorithm related to healthcare management and to regulate healthy behaviour using a numerical value. A number of patent applications are being submitted relating to the M value.
There are many manufacturers who want to create an ecosystem platform in the field of internet-enabled healthcare, but it is very difficult to create a comprehensive healthcare service based on big data by adopting a closed model. More Health chose to develop a platform that uses a core algorithm and retail channels as a starting point in coordinating data and services in an open model, which is beneficial for the expansion of the healthy development of the whole ecosystem chain.
Besides its platform strategy, More Health is also discovering new projects with investment value with Broad Health Fund of Sanpower Group and partners who have joined the More Eco programme. The effective combination of platform and capital can make the More Health ecosystem chain develop faster and more robustly.
At the conference, Bu Jiangyong, Vice President of Sanpower Group made a detailed introduction of Sanpower’s international map, its unique ecosystem integrating industry and capital, and the “Broad Health, Broad Consumption and Broad Finance” strategy, which is driven by two engines of industry and capital and supported by the forward-looking vision of “defining future with future”. Bu Jiangyong said that Sanpower’s broad health strategy was based on a core logic of “the living having hope, the sick having access to medical care and the elderly being taken care of” with the strategic planning of a series of business such as umbilical cord blood storage, precise medicine, hospitals, elderly services, telemedicine and health management. More Health is a strategic choice for the mobile device part of the broad health map for Sanpower. It will constantly contribute new data and create new space in the synergy between industries
Zhu Wei, Executive Vice President of Funtalk Telecommunications, said that as the largest shareholder of More Health, Funtalk Telecommunications will continue to give great support in terms of resources to More Health. “In the future, the national commercial entities of Funtalk and Sanpower and their 100 million plus customer visits and tens of millions of users each year will bring a steam stream of qualified customers to More Health. In addition, More’s health services, big data collection, analysis and data conversion will help brick-and-mortar stores better attract and serve customers.”
The More Eco plan is launched in the era of broad healthcare and broad health. An open ecosystem model will be a huge innovation in the evolution of the healthcare industry. With this move, a brand new health management ecosystem is very likely to open up.