MediTrust Healthreceives strategic financing

Shanghai MediTrust Health announced that it has obtained strategic financing from China Life Reinsurance Company. The two parties will form a comprehensive strategic partnership.

Shanghai MediTrust Health announced that it has obtained strategic financing from China Life Reinsurance Company.The two parties will form a comprehensive strategic partnership.

Established in August 2017, MediTrust Health is a provider of payment services for medical healthcare. The company is dedicated to helping patients solve their own medical payment problems through financial insurance, manage medical expenses more efficiently, and providing value to patients around medical finance, curative effect insurance, and drug benefits, helping patients manage their medical expenses.

The company’s business has covered 400 cities acrossChina, reaching more than hundreds of thousands of patients.

Zhang Xiaodong, CEO of MediTrust Health, said that this round of financing will be used to expandinnovativeinsurance business and accelerate the industrial expansion. In addition, by introducing the strategic resources of China Life Reinsurance Company in the valuechain,the firm can obtain stable risk management and control capabilities, and effectively assisted the company’s strategy implementation and upgrade.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/meditrust-healthreceives-strategic-financing/.

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