111 Inc ADR (YI)
0.8304  +0.0504 (6.46%)

111 Inc is a leading digital healthcare platform in China that focuses on providing a range of healthcare services through its online and offline ecosystems. The company connects patients with medical resources, pharmacies, and various health service providers, facilitating access to pharmaceuticals, health products, and healthcare information. By leveraging advanced technology and data analytics, 111 Inc aims to enhance the efficiency of the healthcare supply chain and promote better health outcomes for individuals and communities. Its comprehensive approach not only supports consumer needs but also collaborates with healthcare professionals and organizations to drive innovation within the healthcare sector.

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The Electronic Health Records Market Is Expected to Exceed $39 Billion By 2026
Palm Beach, FL – June 17, 2021 – In the past few years, in many countries, the adoption of electronic medical records technology is upsurging at a fast pace and is creating a new and growing global market… The Electronic Health Records Market (EHR). It is occurring because of the realization of the masses that to gain top-quality care at lower costs, implementation of a robust health information technology (HIT) is extremely vital. EHR is used extensively in clinical applications, such as decision supports, results management, order entry and support, and health information and data. It is also used in healthcare financing, as well as administrative applications.  A recent report from Fortune Business Insights said that the global electronic health records (HER) market is set to gain momentum from the introduction to artificial intelligence (AI) in the healthcare industry. AI not only helps clinicians in diagnosing a patient’s condition, but also recognizes historical trends of the patient.   The report further states that the EHR market size stood at USD 26,200.48 Million in 2018 and is projected to reach USD $39,913.16 Million by 2026, exhibiting a CAGR of 5.4% during the forecast period.  Active companies in the markets this week include Teladoc Health, Inc. (NYSE: TDOC), NxGen Brands Inc. (OTCPK: NXGB), 111, Inc. (NASDAQ: YI), 1Life Healthcare, Inc. (NASDAQ: ONEM), CloudMD Software & Services Inc. (OTCQB: DOCRF) (TSXV: DOC).
Via FinancialNewsMedia · June 17, 2021