Ant Health acquires leading healthcare service provider Fengshi Health to enhance the "medical insurance + commercial insurance" direct payment layout.

Ant Group's Ant Health has acquired Fengshi Health, a leading domestic healthcare service provider, marking another expansion of its ecosystem following the acquisition of Mint Health earlier this July. It is understood that after the completion of this acquisition, Fengshi Health's core capabilities will be fully integrated into Ant Health's service system. Zhang Junjie, Vice President of Ant Group and President of the Health Business Group, stated that with the acquisition completed, Ant Health has achieved comprehensive coverage of "medical insurance + commercial insurance, basic + mid-to-high-end" healthcare security settlement services, enhancing the medical experience for insurance users and providing differentiated product competitiveness for insurance companies. Previously, Ant Health had realized the linkage of "medical insurance code + commercial insurance code" and one-stop settlement services, serving users nationwide through the Alipay App and Ant Afu App. Currently, Ant Health can not only provide "medical insurance + commercial insurance" synchronous settlement services for patients seeking treatment in public hospitals but also connect Fengshi Health's network of over 1,500 public hospital international departments, special medical service departments, and high-end private medical institutions for direct commercial insurance payments, offering patients a "commercial insurance direct payment" service through facial recognition and code scanning. It is noteworthy that Fengshi Health collaborates with more than ten insurance companies such as China Life Insurance, People's Insurance Company of China, and Zhong An Insurance, and is currently integrating with Hong Kong insurance companies, aiming to achieve cross-border claims service for Hong Kong users who seek medical treatment in mainland China in the future. As a platform focused on healthcare under Ant Group, Ant Health has provided "medical insurance code" payment services to over 800 million users. Since launching the "commercial insurance code" in 2024, more than 20 health insurance products from leading insurance companies have been integrated. Additionally, its health AI product, Ant Afu, has reached a total user count of 100 million since its launch last year, becoming a new entry point for users' proactive health management.