Ping An Medical Technology

Ping An HealthKonnect, officially known as Ping An Medical and Healthcare Management, is a leading healthcare technology company in China and a key subsidiary of the Ping An Group. The company provides comprehensive technology-driven solutions for social health insurance (SHI) management, including cost control, actuarial services, and anti-fraud systems. Leveraging big data and artificial intelligence, it also offers health management services to commercial insurers and medical institutions, aiming to optimize healthcare resource allocation. Ping An HealthKonnect plays a vital role in China's healthcare ecosystem by connecting payers, providers, and patients to improve efficiency and reduce medical costs. The company gained significant international attention following a $1.15 billion Series A funding round in 2018, which included investors like the SoftBank Vision Fund.