The Integration of China’s EAP Industry has been kicked off.
SHANGHAI, February 10, 2015 /PRNewswire/ — Recently, the famous Chinese integrated care service provider Valurise Health Solutions International (VHS Group) has announced the acquisition of the EAP business of Shanghai ZO Health Management Consulting Co., Ltd (ZO)., as well as the team.
VHS Group, as the pioneer of integrated care, has entered the leap-forward development period and the industry consolidation period since 2014, and has become the industry leader in China. VHS Group will integrate ZO’s EAP business into its H-EAP (Health Employee Assistance Program) business, initiated by VHS Group. It will not only help VHS further expand the scope of service, and provide more complete and efficient H-EAP services to a wider range of domestic companies, but also further enhance the industry competitiveness of VHS Group, consolidating the leadership position of VHS Group in the industry.
VHS Group is the leading integrated care service provider in China. It devotes to provide reliable integrated health care solutions to advanced employers and insurance companies. Currently, VHS Group is providing services for more than 1,000,000 paying members of the well-known large-scale enterprises including Alibaba, Tencent, Foxconn, Baosteel, Sinochem, etc.
Dr. Rico Tang, CEO of VHS Group, said, "We will keep following our values of objective, neutrality, only for health, and providing more advanced and complete integrated health care management technology and services to a wider range of business owners and employees, offering next generation health care service to Chinese people around the world."
As the pioneer of China integrated health care industry and the changing agent of China health care service industry, VHS re-defined several markets with its innovative business model and continuous innovation ability:
- Witnessed the launch of various national major industry policies relying on the "VHS MODE";
- Re-defined the EAP industry in China into H-EAP (Health Employee Assistance Program), providing Mental and Physical Integrated Care Model to over dozens of giant enterprises, such as: BOCOM, SINOCHEM, Alibaba, Tencent, YKK, Eaton, etc. with millions of employees;
- Re-defined Modern Health Insurance in China, and created a new model ‘Health Management + Health Insurance’, serving more than two-thirds of insurance and Re-insurance institutes in China;
- VHS also became one of the first movers in Mobile Health of China, and innovatively covered over a large number of members within a short time with profitable annually member fee model.
VHS has won the 2014 Red Herring Top 100 Global, and has been recognized by Forbes China as Health Standardizer in 2009. In 2013, VHS has been recognized as the exclusive long-term healthy living strategic partner of Mayo Clinic in Greater China. As the greatest Western medical science import in Chinese modern history, VHS is bringing the leading healthy living services to Chinese people all over the world.
According to the industry observer, the merger symbolized that VHS Group has already entered the leap-forward development period, and has further determined the leadership position of VHS Group in the industry. Meanwhile, it is also a sign of the start of China’s health care service industrial consolidation. The prospect of VHS Group and China’s health care service industry are promising.
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