DocDoc partners insurtech firm Kaitaiming to grow reach in China

SINGAPORE-BASED healthtech startup DocDoc has secured a strategic partnership with insurance risk-control firm Kaitaiming Technology to expand its reach into China.

The startup will be the exclusive supplier of"doctor-discovery" services to KTM and its affiliates for doctors in South-east Asia, Hong Kong and South Korea. KTM will integrate DocDoc’s doctor-discovery service into its insurance agent application, which will enable the startup to reach the policy-holders of China’s top insurance companies.

KTM helps insurers to manage and control claims risks, reduce claims costs and improve service efficiency and quality. It is backed by investors such as Sequoia Capital, Matrix Partners China, China Everbright Trust and Qianhai Reinsurance, and used by customers including Ping An and China Pacific Insurance Co.

DocDoc’s platform uses predictive analytics to find a best match between a doctor’s expertise and the policy-holder’s unique needs. The platform processes information collected about each doctor’s practice patterns in a procedure. By matching patients to the right doctors, DocDoc hopes to significantly reduce medical care costs, medical complication and re-admission rates. It currently operates in eight countries with more than 23,000 doctors in its network.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buyout firm Sycamore Partners in talks to buy JC Penney: sources[NEW YORK] Private equity firm Sycamore Partners is in preliminary talks to acquire JC Penney out of bankruptcy should the US department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Australia says China unresponsive to its pleas to ease tensionsMELBOURNE: Australia said on Monday (Jun 8) China remains unresponsive to its weeks-long pleas to ease tensions between the two trading partners ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Didi Chuxing CEO says ride sharing orders recover to pre-pandemic levelsDidi Chuxing, China's biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Firms to rethink business models because govt can't support them forever: DPM HengWHILE the government is spending billions to preserve jobs for Singaporeans amid the current Covid-19 crisis, it cannot be expected to shore up businesses forever, Deputy Prime Minister and Finance Minister Heng Swee Keat said. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Israeli tech firm to sell US$32.4 million in medical watches in IndiaJERUSALEM: Israel's CardiacSense said on Sunday it signed a US$32.4 million deal to sell medical watches in India, bringing its total backlog of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Surbana Jurong acquires blast testing and consultancy firmTEMASEK-OWNED urban, infrastructure and managed services consultancy Surbana Jurong has acquired Prostruct Consulting for an undisclosed sum. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »