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The Korea Herald
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THE INVESTOR
April 26, 2024

Mobile & Internet

Kakao teams up with hospital for health care business

  • PUBLISHED :March 04, 2019 - 16:50
  • UPDATED :March 04, 2019 - 16:50
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Korea’s top mobile messenger operator Kakao said on March 4 that its investment-focused affiliate has signed a deal with a local hospital to provide health care and tailored medical services to patients.

Kakao Investment plans to invest 10 billion won (US$8.90 million) in a joint venture between Yonsei University Health System and KT, which was set up in 2012 to provide a smart medical management system and distribute it to small and medium-sized hospitals across the country.

Yonsei University Health System will provide management know-how on medical data and information, while Kakao will provide technical support via big data and various platforms.

The move is part of an industrial trend that focuses on meshing information and communications technology with other services such as health care.
  
By Ram Garikipati and newswires (ram@heraldcorp.com)

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