#Japan #Digital Transformation #Tokyo #Henry Corp #Cloud EHR

Henry Corporation's Bold Move in Digital Healthcare

In a significant development for Japan's medical landscape, Henry Corporation has successfully raised a total of 1 billion yen in funding. This initiative is set to bolster the company's digital transformation (DX) capabilities, specifically targeting the acute care hospital sector. As a provider of a cloud-based electronic medical record (EHR) system, 'Henry,' the firm aims to address persistent management challenges faced by healthcare institutions, particularly smaller hospitals with around 100 beds.

The Significance of the Investment

The funds will strengthen Henry's position within the small to medium-sized hospital market and facilitate the expansion of its service lineup. This includes building IT infrastructures tailored for hospitals and launching medical business process outsourcing (BPO) services. The company has ambitious plans to venture into the development for larger acute care facilities, further marking a new phase in hospital DX evolution.

Henry Corporation, backed by prominent investors such as GLOBIS Capital Partners, Femto Partners, and Mitsubishi UFJ Capital, aims to set a new standard in the medical industry by actively confronting the complex institutional and operational challenges hospitals face under Japan's healthcare system.

Addressing Healthcare Challenges with Innovative Solutions

Within Japan, there are approximately 8,100 hospitals, with around 60% classified as small hospitals having fewer than 100 beds. Financial constraints often tether smaller facilities to outdated practices, resulting in only about 60% having implemented digital EHR systems—far behind the larger medical establishments. Henry has stood at the forefront of this transition, offering a specialized hospital system primarily aimed at small hospitals since its launch in February 2023. The initial sales and implementations have reached over 50 institutions, demonstrating a growing acceptance and need for upgraded healthcare solutions.

Reports from these hospitals indicate significant improvements in operational efficiency, with bed occupancy rates increasing from 60% to nearly 100%. Additionally, the introduction of cloud EHR has facilitated remote work, earning recognition from authorities; for instance, Osaka Prefecture has granted exemptions for doctors' overnight duties in hospitals utilizing this system. The enhancements are not only operational but are contributing notably to work reform across these institutions.

Future Directions and the Expansion of Business Lines

With this new influx of capital, Henry intends to accelerate the development of scalable IT solutions while continuing to upgrade their EHR offering. Addressing broader management challenges that go beyond operational efficiency, their strategy now involves a comprehensive approach to improve hospital management and clinical operations, including:

• - Building Comprehensive IT Infrastructures: This initiative involves the integration and automation of multiple administrative operations within hospital settings.
• - Launching Medical BPO Services: Focusing on externalizing operations such as medical billing and claim processing.

Moving forward, the company is preparing to develop solutions tailored for larger acute care hospitals, anticipating an expansion in both their service offerings and market reach. Strengthening their team, particularly on the engineering and business sides, will be crucial to sustaining product development and ensuring customer success.

Vision for a Sustainable Healthcare System

According to Myuto Sakasegawa, CEO of Henry Corporation, the mission has always revolved around enhancing Japan's healthcare sustainability through efficient digital solutions. The latest fundraising efforts will not only expand their business offerings but also enhance development processes aimed at upgrading healthcare management.

In his remarks, CEO Sakasegawa expressed a desire to find passionate individuals dedicated to delivering real value to medical institutions and those who want to help shape the future of healthcare in Japan. Recognizing the collective effort needed, he expressed gratitude to all supporting partners and investors and looks forward to welcoming new team members who share their vision.

Investor Insights

Endorsements from investors such as GLOBIS Capital Partners highlight the innovative potential of Henry’s initiatives. They believe that the company's EHR and integrated systems are pivotal in advancing the infrastructure of Japanese healthcare while tackling systemic challenges in the sector.

This fundraising marks an important step for Henry Corporation, demonstrating its commitment to ensuring that the acute care hospitals become better equipped, ultimately leading towards a more sustainable healthcare ecosystem in Japan.

For further information on opportunities at Henry Corporation, please visit: Henry Careers

Conclusion

Henry Corporation is poised to redefine the landscape of acute care hospitals in Japan, driving innovations that lead to better healthcare outcomes. As they expand their reach, the company’s dedication to resolving social challenges within the medical field remains at the forefront of their mission.