Neusoft Group joins hands with Lianzhong Medical to build a provincial medical image cloud platform

On May 19th, the announcement issued by Neusoft Group, after deliberation by the board of directors, agreed that the company and the Liaoning Provincial Health Planning Commission and Lianzhong Medical jointly signed the "Liaoning Province Medical Imaging Cloud" Health Care Service Platform Framework Cooperation Agreement and other agreements.

According to the agreement, Liaoning Provincial Health Planning Commission, Neusoft Group and Lianzhong Medical will cooperate on the “Liaoning Medical Image Cloud” health medical service platform. The Liaoning Provincial Health Planning Commission authorized Neusoft Group to cooperate with Lianzhong Medical as the “Liaoning Medical Image Cloud” health. Construction and operation of the medical service platform. The specific executors of the project are Neusoft Group and Lianzhong Medical, or its authorized subsidiaries or investment companies.

According to the announcement, this cooperation is expected to involve a total investment of about 1,644.75 million yuan, of which Neusoft Group or its authorized subsidiaries or investment companies will invest a total of about 988.21 million yuan, Lianzhong Medical or its authorized subsidiaries or The investment company invested a total of about 665.54 million yuan. After the operation of the platform, the parties shall charge the service fee to the platform users (medical institutions at all levels) in accordance with the relevant national regulations in accordance with the relevant service charge item prices.

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The parties completed the construction of the “Liaoning Medical Image Cloud” health medical service platform in accordance with the construction plan. The construction period of the project is expected to be in September 2018. It will mainly complete the construction of the “Liaoning Medical Imaging Cloud” center platform, the construction of the Liaoning Image Cloud Management Center, the consultation center and the settlement system, and the implementation of the pilot medical institution access to the image cloud platform. After the project was promoted in October 2018, the project operated steadily and produced stable and gradually increasing income and visible profit expectations.

The medical imaging cloud involves several aspects: medical imaging equipment, cloud storage, medical image processing technology, and extends to hospital integrated information systems, telemedicine, and so on. Haitong Securities analysts believe that the advantages of Neusoft Group include:

(1) In medical imaging equipment, Neusoft has MR series (magnetic resonance imaging system), CT series, XR series (X-ray imaging system), US series (all digital color Doppler ultrasound diagnostic system), CL series (all Automatic biochemical analyzer), PET series and radiotherapy products.

(2) In terms of cloud service capabilities, Neusoft has a SaCa cloud application platform and a Realsight big data analysis application platform.

(3) Neusoft has a complete industrial chain in the front-end and back-end systems of the hospital. The combination of imaging equipment and hospital information system makes Neusoft more advantageous. The business increments brought by Neusoft include: (1) Sustained service fees: According to the agreement, after the platform is operated, the parties will use the units according to the relevant regulations of the relevant services according to the relevant national regulations (the medical institutions at all levels). A service fee is charged.

(4) Potentially applicable image data. According to conservative estimates, the daily image data of a top three hospital is 50G-100G, and the annual storage capacity reaches 10T-20T. In the case that these mass image data rights are allowed to open, it has potential application value.

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