ezCaretech
ezCaretech is a Korean healthcare IT vendor (KOSDAQ: 099750) providing on-premise and cloud hospital information systems (BESTCare 2.0, EDGE&NEXT) to 60 hospitals including 8 of 12 Korean national university hospitals, now pivoting to an AI Native HIS platform with active Middle East expansion.
- Company typePublic
- Founded2001
- HeadquartersSeoul, South Korea
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What ezCaretech does
ezCaretech (이지케어텍, KOSDAQ: 099750) is a Seoul-based healthcare technology company founded in 2001 as a spin-off from Seoul National University Hospital's IT department. It develops and sells Hospital Information System (HIS) platforms under two deployment models: BESTCare 2.0, an on-premise comprehensive medical information system, and EDGE&NEXT, a cloud-based variant. The platform covers the full hospital operating envelope, including electronic medical records, patient management, clinical documentation, nursing, pharmacy, laboratory, imaging, administration, and revenue cycle management, marketed as an integrated alternative to the fragmented US-style EHR paradigm. The company reports 60 HIS installations in Korea, including 8 of 12 national university hospitals, and is currently repositioning its product line as an "AI Native HIS" through partnerships with Selvas AI, Mediana, and Huino to embed clinical decision support, Early Warning Score analytics, voice-recognition documentation, and AI ECG analysis directly into hospital workflows.
The business operates as a KOSDAQ-listed enterprise software vendor with a recurring revenue model built on annual HIS licensing, maintenance, and cloud subscription fees, supplemented by implementation, customization, and consulting services. Pricing is quote-based and tied to hospital bed capacity and feature scope. Go-to-market combines direct enterprise sales to large hospital systems with consortium-led international expansion; the company leads or participates in the K-healthcare consortium (12+ Korean firms) and holds MOUs with Saudi entities including LEAN Business Services (a Public Investment Fund subsidiary), MNGHA, and KSAU-HS to access Middle Eastern markets. Distribution is supplemented by technology integration partnerships with AI and medical device firms.
FY2024 revenue was approximately 76.1 billion KRW (~$57M USD) with operating profit of 4.5 billion KRW (~$3.4M USD), implying a 6.0% operating margin that doubled from 3.0% the prior year under a profitability-focused management approach led by CEO Hong Woo-sun, the company's first non-medical professional chief executive, appointed November 2024. The customer base skews toward public university hospitals and large medical centers domestically, with international revenue nascent and concentrated in Saudi Arabia. The strategic emphasis has shifted from top-line volume to margin quality, modular mid-sized hospital variants, AI platform partnerships, and Middle East expansion as the next growth vectors.
ezCaretech firmographics
Firmographics- Name
- ezCaretech
- Legal name
- ezCaretech Co., Ltd.
- Website
- https://ezcaretech.com
- Company type
- Public
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- ezCaretech is a Korean healthcare IT vendor (KOSDAQ: 099750) providing on-premise and cloud hospital information systems (BESTCare 2.0, EDGE&NEXT) to 60 hospitals including 8 of 12 Korean national university hospitals, now pivoting to an AI Native HIS platform with active Middle East expansion.
- Ownership category
- akta.pro rank
ezCaretech industry classification
Industry- Product category
- Healthcare Information Technology
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Prepackaged Software (7372), Services-Health Services (8000)
- akta.pro primary industry
- Care Navigation, Referral & Digital Front Door Platforms (HLALABAH)
- akta.pro secondary industries
- Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG), Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)
Keywords
Where ezCaretech is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
ezCaretech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- HIS System Licensing and Maintenance: Hospital Information System (HIS) deployment and maintenance contracts. Annual licensing and support fees for BESTCare 2.0 and EDGE&NEXT platforms. Subscription-based pricing for cloud services and ongoing system support.
- Platform Services and Add-on Solutions: Platform services including data integration, AI analytics, and workflow automation capabilities. Revenue from RCM and other附加 solutions integrated with core HIS platform.
- Implementation and Consulting Services: Implementation services, system customization, data migration, and training for hospital HIS deployments. Technical consulting and system integration services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on hospital size and requirements |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
ezCaretech product offering
Product offeringCore offering
ezCaretech develops and sells Hospital Information System (HIS) platforms for hospitals and healthcare organizations. Its core offerings include BESTcare 2.0 (on-premise HIS) and EDGE&NEXT (cloud-based HIS), which cover patient management, clinical documentation, nursing, pharmacy, laboratory, imaging, and administrative operations, with integrated AI-based clinical decision support and revenue cycle management capabilities.
Product overview
ezCaretech offers a dual-mode Hospital Information System (HIS) portfolio consisting of BESTCare 2.0 (on-premise/built-in deployment) and EDGE&NEXT (cloud-based deployment), both providing comprehensive hospital management covering patient records, prescriptions, nursing, administration, and finance. The company is transitioning toward an AI Native HIS platform that embeds AI capabilities directly into clinical workflows. The portfolio also includes supplementary solutions and integrations with AI partners for specialized functionality.
Differentiator
Problem solved
Functional benefit
Brands
- BESTCare 2.0: Hospital Information System (HIS) platform - on-premise deployment version
- EDGE&NEXT
Products and services
- BESTcare 2.0 On-premise Hospital Information System platform covering patient administration, EMR, order communication, nursing, pharmacy, laboratory, radiology, and emergency department workflows, deployed in large Korean tertiary and university hospitals.
- EDGE&NEXT Cloud-based Hospital Information System delivered as a managed service, providing modular HIS capabilities for small-to-mid hospitals, specialty clinics, and international healthcare organizations.
- AI Native HIS AI-native extension of the HIS platform integrating a large language model (Huino) for clinical documentation assistance, decision support, and ambient workflow automation within hospital environments.
- AI-based Smart Ward Solution AI- and IoT-enabled smart ward solution co-developed with Selvas AI and Mediana, combining voice recognition for clinical documentation, patient monitoring, and connected medical-device integration at the bedside.
- Revenue Cycle Management (RCM) Hospital revenue cycle management module covering billing, claims processing, and insurance/National Health Insurance Service integration, typically deployed alongside ezCaretech HIS platforms.
Companies that use ezCaretech
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
ezCaretech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature5 records
ezCaretech partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, flagship and minor.
- Huino (휴이노)corePartnership for HIS-based medical AI service co-commercialization. Integration of Huino's AI ECG analysis and status prediction solutions ('Memo Q', 'Memo Picasso') into ezCaretech's BESTCare2.0 and EDGE&NEXT platforms. Clinical decision support service development for ICU and general ward deployment.
- Selvas AIcoreThree-way cooperation agreement for joint development of AI-based smart ward solution. Selvas AI provides AI analysis algorithms, early risk prediction models, and voice recognition medical record automation. Integration with ezCaretech's EMR systems and hospital workflow solutions.
- MedianacoreThree-way cooperation for AI-based smart ward solution development. Mediana provides multi-parameter patient monitoring device data and medical device integration technology. Combined with AI analytics and EMR integration for comprehensive smart ward solution.
- K-healthcare Consortium (12+ companies)coreConsortium of 12+ Korean healthcare technology companies for joint Middle East market entry. Coordinated exhibition and sales activities at Global Health Exhibition Saudi Arabia. Team Korea branding for unified market positioning in international expansion.
- Seoul National University HospitalflagshipMOU for cooperation in digital healthcare field. Joint development and research in healthcare IT, AI applications, and digital transformation initiatives. Leveraging SNU Hospital's clinical expertise with ezCaretech's technology platform.
- LEAN Business ServicesflagshipMOU with LEAN Business Services, digital healthcare subsidiary of Saudi Public Investment Fund (PIF). Strategic partnership for digital healthcare initiatives in Saudi Arabia. Market access partnership for Saudi healthcare IT market expansion.
- King Saud bin Abdulaziz University for Health Sciences (KSAU-HS)minorMOU with Saudi health sciences university for partnership in healthcare IT education, research, and development. Academic partnership supporting technology adoption and localization in Saudi market.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
ezCaretech competitors and assessment
Company assessmentBroad incumbents
- GE HealthCare: Global medical technology and healthcare IT company with hospital information management and AI-enabled clinical workflow offerings. Competes with ezCaretech in the broader hospital IT and clinical AI space, particularly through its Edison platform and patient monitoring portfolio.
- MEDITECH: US-based EHR vendor focused on mid-size and community hospitals, serving a comparable customer segment to ezCaretech's mid-size and specialty hospital target market. Operates as a broad incumbent in the EHR space across North America and select international markets.
- Samsung SDS: Samsung Group's IT services arm offering hospital IT solutions including HIS and digital healthcare platforms. Competes with ezCaretech in Korean hospital IT procurement as part of a much broader IT services portfolio serving multiple industries.
- LG CNS: Large Korean IT services and consulting firm with a healthcare solutions division offering HIS implementations to Korean hospitals. Operates broadly across IT services rather than specializing in HIS, but is a meaningful competitor for enterprise healthcare IT deals in Korea.
- Veradigm (Allscripts): US-based EHR and healthcare IT vendor serving hospitals and ambulatory care organizations. Provides hospital-oriented solutions that overlap with ezCaretech's HIS portfolio in international markets and represents one of the broad EHR incumbents competing for global hospital IT contracts.
- Oracle Health (Cerner): Global EHR/HIS vendor (acquired Cerner in 2022) with established Middle East presence and strong footprint across US hospitals. Directly competes with ezCaretech for large-scale hospital deployments in international markets including Saudi Arabia and UAE.
- Philips Healthcare: Global healthcare technology company offering HIS, clinical decision support, and patient monitoring solutions. Overlaps with ezCaretech's AI Native HIS roadmap through Philips' clinical informatics and patient monitoring portfolio, though as part of a much broader medical device and healthcare IT business.
- Epic Systems: Largest US EHR vendor and global market leader in enterprise hospital software. Epic is the dominant incumbent competing against ezCaretech for international large-hospital contracts, particularly in Middle East and US markets where ezCaretech is now expanding.
Emerging players
- InterSystems: Provider of TrakCare, a global HIS/EHR solution with strong presence in Middle East, UK, and select Asian markets. Specializes in healthcare data platforms and is a credible emerging competitor for ezCaretech's target international hospital segments, particularly in the Gulf region.
Direct peers
- UBcare (유비케어): Korean HIS vendor and ezCaretech's primary domestic competitor. Competes directly in the Korean hospital information system market for both general hospitals and university hospitals, making it the closest head-to-head comparable in the same product category and customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ezCaretech social profiles
Digital presenceezCaretech compliance and trust
Trust signalCompliance1 record
ezCaretech financial estimates
Financial estimateRevenue estimate
Valuation estimate
ezCaretech leadership team
Management profileNumber of profiles
Profiles1 record
ezCaretech funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ezCaretech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ezCaretech
What does ezCaretech do?
ezCaretech develops and sells Hospital Information System (HIS) platforms for hospitals and healthcare organizations. Its core offerings include BESTcare 2.0 (on-premise HIS) and EDGE&NEXT (cloud-based HIS), which cover patient management, clinical documentation, nursing, pharmacy, laboratory, imaging, and administrative operations, with integrated AI-based clinical decision support and revenue cycle management capabilities.
Is ezCaretech a public or private company?
ezCaretech is a public company. It is classified as public and is currently operating.
When was ezCaretech founded?
ezCaretech was founded in 2001. It employs 251 to 500 people.
Where is ezCaretech based?
ezCaretech is headquartered in Seoul, South Korea, in the Asia region.
How does ezCaretech make money?
Three revenue lines are on record. HIS System Licensing and Maintenance is the primary driver. The others are platform Services and Add-on Solutions and implementation and Consulting Services.
Who are ezCaretech's main competitors?
Broad incumbents on record are GE HealthCare, MEDITECH, Samsung SDS, LG CNS, Veradigm (Allscripts), Oracle Health (Cerner), Philips Healthcare and Epic Systems. InterSystems is listed as an emerging player. UBcare (유비케어) is listed as a direct peer.
Does ezCaretech have an API?
No public API is recorded for ezCaretech.
What industry is ezCaretech in?
ezCaretech's product category is Healthcare Information Technology. Its primary akta.pro industry code is HLALABAH, Care Navigation, Referral & Digital Front Door Platforms, with a secondary code of HLACAFAG, Medical-Grade Device Connectivity & Device Management (MDM). Its NAICS code is 518210 and its SIC code is 7372.