SHANGHAI, Sept. 15,
2022 /PRNewswire/ -- Zhongchao Inc. (NASDAQ:
ZCMD) ("Zhongchao" or the "Company"), an internet technology
company offering healthcare professionals the online healthcare
information, professional training and educational services
platform and patient management service, today announced that its
subsidiary, Zhixun Internet Hospital (Liaoning) Co., Ltd., launched Zhixun Internet
Hospital to provide standardized Internet healthcare services for
patients with oncology or other major diseases. It is another
important step for Zhongchao to further improve its patient
management services in the field of oncology and major
diseases.
Combined with Zhongchao's out-of-hospital patient management
services, the establishment of Zhixun Internet Hospital enables
Zhongchao to form an all-in-one patient management service (the
"All-in-One Service") from patient education, online follow-up
consultation, treatment compliance management, to living quality
improvement , creating comprehensive services for both
out-of-hospital and in-hospital patients. The All-in-One Service
will, from different aspects, promote the treatment continuity for
patients with oncology and other major diseases, improving
patient's conditions and treatment experience. First, for
post-diagnosis management, patients remotely receive medical advice
from doctors at home. Patients' information is reviewed, summarized
and then stored in the case center of the post-diagnosis systems of
Zhixun Internet Hospital. Each case will be distributed to the
corresponding doctors, and the doctors will return the diagnosis
and treatment opinions to the task center, which sends the
feedbacks to the patients. Second, for out-of-hospital follow-up
visit management, Zhixun Internet Hospital maintains efficient
communications between patients and doctors, facilitates follow-up
visits, and promote the operation efficiency of the out-of-hospital
follow-up system. The out-of-hospital follow-up is critical to the
successful completion of the treatment cycle and is an important
part of disease management for patients with oncology and other
major diseases. Lastly, through comprehensive data and systems
managed by Zhixun Internet Hospital, including but not limited to
the electronic medical record system and treatment compliance
management system, Zhixun Internet Hospital can optimize the
existing business model and explore more patient-centered services,
such as commercial health insurance, drug sales, clinical research
recruitment and more.
With the advancement of medical technology, the survival period
of many patients with oncology, hematology and other major diseases
in China has been significantly
extended, and many of those major diseases have changed from
incurable diseases to chronic diseases. The demand of treatment has
shifted from "more treatment options" to "long-term quality
survival", and patients are in urgent needs of professional
management services for long-term disease. Most of Internet
hospitals are based on the digitization of physical hospitals to
facilitate patients' in-hospital visit, provide remote diagnosis
and prescription, or provide patients with follow-up consultation
and remote consultation services. Zhixun Internet hospital not only
provides patients with All-in-One Service to have convenient and
easy access to medical services, but also plays an active role in
promoting patient education and improving treatment compliance and
treatment experience.
Weiguang Yang, Chairman and Chief
Executive Officer of Zhongchao, commented, "We have already
accumulated successful experience in patient management through our
Shanghai Zhongxin Medical Technology Co., Ltd. We believe that the
launch of Zhixun Internet Hospital enables us to connect
in-hospital diagnosis and treatment services with out-of-hospital
patient management, which plays a positive role in improving the
quality of medical services. Meanwhile, we are able to take
advantages of our healthcare education services to improve the
diagnosis, treatment capabilities, and patients' self-management of
our internet hospital. We expect that our unique All-in-One
Services will tap the increasing demand from the major diseases
management services and bring long-term values and benefits to both
our patients and our businesses."
About Zhongchao Inc.
Zhongchao Inc. is an offshore holding company incorporated in
the Cayman Islands. It conducts
operations in China through the
contractual arrangements between its wholly owned subsidiary and
PRC operating entities. The PRC operating entities provide online
healthcare information, professional training and educational
services to healthcare professionals under their "MDMOOC" platform
(www.mdmooc.org), offer patient management service on the
professional field of tumor and rare diseases, and operate an
online information platform, Sunshine Health Forums, to general
public. More information about the Company can be found at its
investor relations website at http://izcmd.com.
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's
future business development; product and service demand and
acceptance; changes in technology; economic conditions; the growth
of the professional training and educational services market in
China and the other international
markets the Company plans to serve; reputation and brand; the
impact of competition and pricing; government regulations;
fluctuations in general economic and business conditions in
China and the international
markets the Company plans to serve and assumptions underlying or
related to any of the foregoing and other risks contained in
reports filed by the Company with the SEC, the length and severity
of the recent coronavirus outbreak, including its impacts across
our business and operations. For these reasons, among others,
investors are cautioned not to place undue reliance upon any
forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward–looking statements to
reflect events or circumstances that arise after the date
hereof.
For more information, please contact:
At the Company: Pei Xu, CFO
Email: xupei@mdmooc.org
Phone: +86 21-3220-5987
Investor Relations: Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 718-213-7386
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SOURCE Zhongchao Inc.
