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Ping An Launches Home-Based Elderlycare Service to Pursue “Finance + Elderlycare” Business Strategy

HONG KONG and SHANGHAI, March 11, 2022 /PRNewswire/ — Ping An Insurance (Group) Organization of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318 SSE:601318) introduced that subsidiary Ping An Lifetime has introduced an elderly home treatment company. Creating on the strength of Ping An’s healthcare ecosystem and superior-top quality aged treatment assets, the provider brings with each other coverage safety for clients with a qualified “one particular-stop” elderly treatment provider for an easier and additional cost-effective living experience.

In recent years, Ping An has been committed to the strategic improve of integrated finance and healthcare companies. It has produced “finance + elderlycare” and “finance + healthcare” company ecosystems, and released ground breaking items and providers, which includes insurance plan with healthcare management, insurance with significant-end elderlycare, and coverage with dwelling-based mostly elderlycare, to meet the growing need for healthcare and elderlycare. The launch of house-dependent elderlycare service generates a ‘closed loop’ in an ground breaking “insurance coverage + company” products ecosystem. This is a small business model that brings with each other health care administration, superior-close elderlycare and household-centered elderlycare.

Capitalizing on the energy of Ping An’s health care ecosystem, the elderly care service addresses main ache details of aged treatment at property. It delivers prospects with a devoted concierge, 10 services scenarios and a solitary supervision method. The customer-centric just one-halt aged care provider aims to assure that aged consumers are relaxed and their households are put at relieve.

The close to-the-clock on the internet elderlycare concierge assistance is supported by a wise danger process that connects health and fitness checking equipment with the concierge system. When the system detects anomalies, it concerns an early warning, so that the dedicated butler services can answer rapidly and notify emergency solutions and family health professionals, as required. The program can check 7 main critical signs, including blood sugar, blood force, coronary heart charge, breathing charge and blood oxygen degree. It can monitor 13 behavioral pitfalls, like accidental falls, snooze excellent, and day by day training, to make certain timely detection and rescue when wanted. The technique can also check 9 significant environmental challenges at the user’s property in real time, these kinds of as air quality, fuel leakage and too much smoke concentration.

Ping An’s home-primarily based elderlycare service relies on Ping An Fantastic Doctor’s possess healthcare workforce of about 2,000 medical practitioners, which are offered to present 24-hour distant clinical prognosis and remedy for buyers. For individuals with offline healthcare demands, Ping An can offer rapidly observe or health care escort companies to tertiary hospitals, furnishing the elderly with health-related advantage.

The checking procedure, supported by the clinical industry experts staff and the concierge platform, give end users with a in depth properly-becoming assessment, across 10 proportions, these types of as overall health, food plan and day by day existence. The evaluation final results are evaluated by industry experts to personalize a 1-cease bespoke extensive care prepare.

Leveraging its considerable expertise in insurance plan and health care sectors, Ping An proceeds to go after strategic upgrades and the company pursues the integration enterprise model configuring insurance coverage and wellbeing routine maintenance businesses (HMOs). The Team is also growing its organization ecosystems of “finance + elderlycare ” and “finance + healthcare”. The Team is committed to delivering shoppers with experienced “monetary advisor”, “loved ones health practitioner” and “elderlycare concierge” providers, which give them “be concerned-absolutely free, time-conserving, and revenue-saving” monetary and healthcare services encounters. As of 30 September 2021, services at Ping An’s healthcare solutions coated 187 towns, empowered about 43,000 medical establishments, benefited approximately 1.12 million medical professionals and served 3.22 million patients with serious diseases. Cumulative consultations on Ping An Great Doctor’s platform have arrived at practically 1.2 billion and the Enterprise has forged co-procedure discounts with over 4,000 hospitals and 189,000 pharmacies.

About Ping An Group

Ping An Coverage (Group) Enterprise of China, Ltd. (“Ping An“) is a planet-leading technological innovation-driven retail financial solutions group. With in excess of 225 million retail prospects and virtually 634 million web users, Ping An is a single of the most significant financial products and services providers in the globe. Ping An focuses on two over-arching domains of activity, “pan economic belongings” and “pan health and fitness care”, covering the provision of monetary and well being treatment products and services via our built-in economical providers system and our ecosystems in fiscal companies, overall health treatment, auto products and services and good city companies. Our “finance + technological know-how” and “finance + ecosystem” transformation methods goal to supply customers and web customers with impressive and very simple solutions and services using technologies. The Group is fully commited to becoming the world’s foremost built-in finance and health care support provider. As China’s initial joint stock insurance plan organization, Ping An is fully commited to upholding the highest benchmarks of corporate reporting and corporate governance. The Group is stated on the stock exchanges in Hong Kong and Shanghai. Ping An ranked 6th in the Forbes World 2000 checklist in 2021 and ranked 16th in the Fortune World-wide 500 list in 2021. Ping An also rated 49th in the 2021 WPP Kantar Millward Brown BrandZTM Major 100 Most Beneficial Worldwide Manufacturers list.

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Source Ping An Insurance Group Ltd.