Hoan My Medical Corporation

What Hoan My Medical Corporation does

Hoan My Medical Corporation (Tập Đoàn Y Khoa Hoàn Mỹ), founded in 1997 and headquartered in Ho Chi Minh City, operates Vietnam's largest private healthcare network through 14 hospitals and 2 clinics (16 facilities total) under four brand families: Hoan My (general hospital network), Hoan My Gold (premium outpatient centres such as Hoan My Gold PXL), Hanh Phuc (women-and-children specialty hospitals including the JCI-accredited Hanh Phuc International Hospital and the country's first RTAC-certified fertility centre), and Thuan My (regional hospitals). The network carries 2,900+ beds, 5,500+ staff, and serves more than 6 million patient visits per year across Ho Chi Minh City, Da Nang, Can Tho, Dong Nai, Nghe An, Lam Dong, Binh Duong, Ca Mau, and Binh Phuoc. In 2025 it became the first healthcare group in Vietnam to achieve ACHSI international accreditation across all facilities.

The group's clinical technology base spans high-end diagnostic imaging (GE 3.0 Tesla MRI, 128-slice and 256-slice CT, DSA), an AI-assisted Endoscopic Submucosal Dissection (ESD) capability, smart operating theatres, a modern cancer centre, ISO 15189-certified laboratories, and an integrated Hospital Information System (HIS) that links records and follow-ups across the network. Service lines include general and tertiary hospital care, advanced surgery (cardiac catheterization and open-heart surgery in central Vietnam), obstetrics and fertility (RTAC centre), oncology, premium health-screening packages (multi-tier, publicly priced in VND), home care, and corporate health checks, supported by a multilingual VIP medical channel for international patients.

Commercially, Hoan My runs a hybrid B2C/B2B model: direct-to-patient booking via the website and Danh Y mobile app, tiered health-screening and maternity packages at publicly disclosed VND prices, insurance direct billing through 30+ domestic and international partners (Bao Viet, Insmart, PVI, Bao Minh), and enterprise corporate health-check and CSR community outreach spanning 45 provinces. Multi-channel marketing (Facebook, YouTube, LinkedIn, health blog, conferences, CSR campaigns) and recurring Frost & Sullivan Hospital of the Year awards (2016, 2017, 2018, 2019, 2023) underpin brand-driven patient acquisition. Ownership, revenue, and capital structure are not publicly disclosed.

Name

Hoan My Medical Corporation

Legal name

Hoan My Medical Corporation

Website

https://hoanmy.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hoan My Medical Corporation operates Vietnam's largest private healthcare network — 14 hospitals and 2 clinics under the Hoan My, Hoan My Gold, Hanh Phuc, and Thuan My brands — serving 6M+ patient visits annually across the country with ACHSI-accredited, multi-specialty tertiary care and premium outpatient services.

Ownership category

akta.pro rank

Product category

Private Hospital and Healthcare Services

NAICS

General Medical and Surgical Hospitals (6221), Ambulatory Health Care Services (621), Other Ambulatory Health Care Services (6219)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Home Health Care Services (8082)

akta.pro primary industry

Virtual Visit & Scheduling Platforms (EHR-integrated) (HLALABAA)

Keywords

• Private hospital network
• Multi-specialty healthcare
• Health screening packages
• Diagnostic imaging services
• Women and children hospital

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices17 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Hospital Services: Core revenue from inpatient and outpatient care across 14 hospitals and 2 clinics, serving more than 6 million patient visits per year with a 2,900-bed capacity. Revenue from consultations, diagnostics, surgical procedures and inpatient stays.
2. Health Check-up Packages: Pre-defined multi-tier health screening packages (basic, advanced, intensive) priced per package (e.g., 1,954,000 VND; 2,190,000 VND; 18,500,000 VND; 36,000,000 VND), including cancer screening, stroke screening and women's/men's health packages.
3. Maternity & Delivery Packages: Comprehensive maternity packages including prenatal care, delivery and postnatal care, available across multiple Hoan My hospitals.
4. Insurance Direct Billing & Guarantee: Revenue channeled through partnerships with 30+ domestic and international insurance companies (Bao Viet, Insmart, PVI, Bao Minh) via hospital-based insurance guarantee service ("Dịch vụ bảo lãnh viện phí").
5. Home Care Services: Home-based care services for patients unable to visit the hospital, including consultation, diagnosis and treatment.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels10 records

Core offering

Hoan My Medical Corporation operates Vietnam's largest private healthcare network, providing inpatient, outpatient, surgical, diagnostic and preventive care across 14 hospitals and 2 clinics under four sub-brands (Hoan My, Hoan My Gold, Hanh Phuc, Thuan My). Core services span general and specialty medicine — including cardiology, oncology, neurology, orthopaedics, gastroenterology, paediatrics, obstetrics and fertility — supported by advanced imaging (3.0T MRI, 256-slice CT, DSA), ISO-certified labs, and a multi-tier health check-up package portfolio. The network also offers direct insurance billing with 30+ insurers, a Danh Y mobile app for appointments, and home-based care services.

Product overview

Hoan My Medical Corporation (Tập đoàn Y khoa Hoàn Mỹ) operates Vietnam's largest private healthcare network as a multi-brand, multi-facility platform-plus-modules architecture rather than a single product. The portfolio is organised around four sub-brands — Hoan My (Hoàn Mỹ, the core general hospital brand), Hoan My Gold (Hoàn Mỹ Gold, premium outpatient centres such as Hoan My Gold PXL Medical Center), Hanh Phuc (Hạnh Phúc, women-and-children specialty hospitals including Hanh Phuc International Hospital and Hanh Phuc International Clinic Estella), and Thuan My (Thuận Mỹ, regional hospitals such as Thuan My ITO Dong Nai and Thuan My TDM) — which together span 14 hospitals and 2 clinics with more than 2,900 beds across Vietnam. On top of this physical network, Hoan My layers cross-cutting service modules: a unified Health Screening & Check-up Packages portfolio (including the General & Cancer Screening, Cancer Screening for Men/Women, Stroke Risk Screening, Prenatal and Antenatal Care, and GenCare Premium add-on), an integrated Hospital Information System (HIS) used for screening follow-up, the Danh Y patient mobile app, and the Hoan My Academy education/training platform.

Differentiator

Problem solved

Functional benefit

Brands

• Hoan My Gold (Hoàn Mỹ Gold): Premium medical center brand under the Hoan My network (e.g., Hoan My Gold PXL Medical Center).
• Hanh Phuc (Hạnh Phúc)
• Thuan My (Thuận Mỹ)

Products and services

• Hoan My Sai Gon Hospital 300-bed flagship hospital in Ho Chi Minh City providing general and specialty care, diagnostic imaging (MRI 1.5T, CT, DSA), ISO 15189:2012-accredited lab, 24/7 emergency and a Smart Operating Theatre for complex multi-specialty procedures.
• Hoan My Thu Duc Hospital Multi-specialty hospital in Thu Duc, Ho Chi Minh City featuring modern infrastructure, MRI 1.5T, 128-slice CT, digital X-ray, advanced ultrasound and a dedicated Modern Cancer Centre for specialised oncology care.
• Hoan My Da Nang Hospital Central Vietnam regional hub hospital founded 2002, performing interventional cardiology and open-heart surgery; equipped with 256-slice multi-detector CT and DSA, plus an expanded 30-bed Emergency Department and a new MRI system.
• Hoan My Cuu Long Hospital Mekong Delta regional hospital founded 2007; offers cardiology, gastroenterology, obstetrics, paediatrics, ISO 15189:2012-accredited lab services, and houses the newly installed GE 3.0 Tesla MRI.
• Hoan My Dong Nai Hospital Hoan My hospital in Dong Nai province providing multi-specialty care including internal medicine, oncology, surgery and obstetrics.
• Hoan My Vinh Hospital Hoan My hospital in Nghe An province offering multi-specialty care including ENT, orthopaedic trauma, obstetrics and endoscopy-based diagnostics.
• Hoan My Da Lat Hospital Hoan My hospital in Lam Dong province with ACHSI accreditation and ISO 15189:2022-accredited laboratory, offering general and specialty care.
• Hoan My Binh Duong Hospital Hoan My hospital in Binh Duong providing general and specialty services with a dedicated VIP screening area for premium health check packages.
• Hoan My Minh Hai Hospital Hoan My hospital serving Ca Mau province, recently renovated to deliver a refreshed, modern treatment environment; offers hospital fee guarantee services.
• Hoan My Binh Phuoc Hospital Hoan My hospital serving Binh Phuoc, providing general multi-specialty care.
• Hoan My Van Phuc 2 Hospital Hoan My hospital in the Binh Duong/HCMC area offering multi-specialty care.
• Hoan My Gold PXL Medical Center Premium outpatient medical centre under the Hoan My Gold sub-brand in Phan Xich Long, HCMC, operating Monday-Saturday 07:00-16:00 with VIP outpatient services and health screening packages.
• Hanh Phuc International Hospital JCI-accredited women-and-children specialty hospital in Binh Duong with NICU for premature infants from 26 weeks and Vietnam's first RTAC-certified fertility centre; offers 24/7 emergency.
• Hanh Phuc International Clinic Estella Outpatient women-and-children clinic of the Hanh Phuc sub-brand located in the Estella building, HCMC, operating Monday-Saturday plus Sunday morning.
• Thuan My ITO Dong Nai Hospital Thuan My sub-brand hospital located in Tran Bien Ward, Dong Nai province, delivering general specialty care.
• Thuan My TDM Hospital Thuan My sub-brand hospital located in Thu Dau Mot, Binh Duong, delivering general specialty care.
• Health Screening and Check-up Packages (Gói khám sức khỏe) Portfolio of preventive health check-up packages offered across Hoan My hospitals, including general check-ups, cancer screening (men/women), stroke screening, prenatal and antenatal care, liver, kidney, cardiovascular, gastrointestinal, thyroid and children's health packages.
• GenCare Premium (genetic / advanced cancer screening add-on) Advanced-level genetic and premium cancer screening add-on bundled with the Hoan My Thu Duc General and Cancer Screening Package, paired with HIS-tracked follow-up care.
• Stroke Risk Screening Package Multi-tier (Basic / Advanced 1 / Advanced 2) stroke screening packages combining carotid Doppler, cardiac Doppler, CT/MRI brain imaging, and cardiac MSCT, offered at Hoan My Thu Duc and Hoan My Cuu Long.
• Home Care Services Home-based consultation, diagnosis and treatment services for patients unable to visit the hospital, offered across the Hoan My network.

Quantifiable outcome

• 6M+ patient visits per year
• +5 more outcomes

Named customers4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Ten partnerships are on record, tiered flagship, core, major and minor.

• Australian Council on Healthcare Standards International (ACHSI)flagshipStrategic or Co-development PartnerFirst healthcare group in Vietnam to receive ACHSI international quality certification for all hospitals and clinics across the network. ACHSI accreditation reflects commitment to patient safety, clinical quality and consistent high care standards.
• Bao Viet Insurance (Bảo Việt)coreChannel Partner/ Reseller/ DistributorInsurance direct billing partner integrated with Hoan My Sai Gon hospital payment system, enabling quick and seamless claims for patients.
• Insmart InsurancecoreChannel Partner/ Reseller/ DistributorIntegrated insurance partner for direct billing at Hoan My hospitals.
• PVI InsurancecoreChannel Partner/ Reseller/ DistributorIntegrated insurance partner for direct billing at Hoan My hospitals.
• Bao Minh Insurance (Bảo Minh)coreChannel Partner/ Reseller/ DistributorIntegrated insurance partner for direct billing at Hoan My hospitals.
• Joint Commission International (JCI)flagshipStrategic or Co-development PartnerJCI accreditation holder - Hanh Phuc International Hospital is the first mother-and-child hospital in Vietnam to receive JCI accreditation, the gold standard for global hospital safety and quality.
• Reproductive Technology Accreditation Committee (RTAC)majorStrategic or Co-development PartnerHan Phuc International Hospital's fertility centre is the first in Vietnam to receive RTAC certification, recognizing advanced IVF technology and capability.
• DevBlock (Corporate Health Partner)minorGTM or Marketing PartnerCorporate health talk partnership with Hoan My Sai Gon Hospital on stroke awareness using FAST Test for DevBlock's employees.
• International Organization for Standardization (ISO)majorStrategic or Co-development PartnerISO 15189:2022 laboratory certification at Hoan My Da Lat and ISO 15189:2012 at Hoan My Sai Gon and Cuu Long - meeting international standards for medical testing and diagnostics.
• Vietnam Children's Fund (Quỹ Bảo trợ Trẻ em Việt Nam)majorStrategic or Co-development PartnerCharity partner since 2007 for the "Viết tiếp câu chuyện trái tim" (Continuing the Heart Story) programme - treating congenital heart defects in children across northern and southern Vietnam.

Scale indicators12 records

Recent moves15 records

Expansion highlights7 records

Regional players

• Bangkok Dusit Medical Services (BDMS): Thailand's largest private hospital network — comparable as a multi-brand, multi-tier Southeast Asian hospital platform with international accreditation and medical-tourism exposure.
• Raffles Medical Group: Singapore-listed integrated private healthcare operator with hospital and clinic footprints across ASEAN; comparable in cross-border patient strategy, JCI-equivalent accreditation and premium-brand positioning.
• Sunway Medical Centre: Malaysian tertiary private hospital with similar multi-specialty, accreditation-driven positioning and growing medical-tourism segment — relevant peer for Hoan My Da Nang's VIP/international patient push.

Broad incumbents

• IHH Healthcare: Asia's largest listed private hospital group (Mount Elizabeth, Gleneagles, Pantai); benchmarks the scale, multi-country reach and premium-accreditation playbook that a Vietnam consolidator like Hoan My could pursue.
• Bach Mai Hospital: Vietnam's largest public tertiary hospital; sets the clinical benchmark and absorb demand spikes that overflow from private networks, indirectly capping the price ceiling for private players like Hoan My.

Direct peers

• Vinmec Healthcare System: Vingroup's hospital network and the most direct private healthcare competitor in Vietnam, operating tertiary hospitals in Hanoi, HCMC and other major cities with a similar premium-accreditation and multi-specialty playbook.
• City International Hospital (CIH): HCMC-based private tertiary hospital overlapping Hoan My Sai Gon and Hoan My Thu Duc on multi-specialty care, with comparable international-standard positioning and corporate/insurance channels.
• Tam Anh General Hospital: Vietnamese private general hospital group with strong specialty verticals (notably oncology and IVF) competing head-to-head with Hoan My for specialist doctors and premium patients in HCMC and Hanoi.
• FV Hospital: JCI-accredited French-Vietnamese tertiary hospital in Ho Chi Minh City competing for the same premium outpatient, cardiology and surgical volumes; one of the most comparable single-site private hospitals in Vietnam.

Emerging players

• KIMS Global (Kerala Institute of Medical Sciences): India-based emerging hospital group expanding into ASEAN medical-tourism corridors; comparable as a tertiary, accreditation-led private hospital group targeting cross-border patients at a similar price tier.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/T%E1%BA%ADp%C4%91o%C3%A0nYKhoaHo%C3%A0nM%E1%BB%B9Official
• Facebookfacebook.com/TapDoanYKhoaHoanMy
• LinkedInlinkedin.com/company/hoan-my-medical-corporation
• Xx.com/hoanmycom

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hoan My Medical Corporation