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Busan Medical Center

Full company profile

uuid003634a

Namestring
Busan Medical Center
Legal namestring
부산광역시의료원
Websiteurl
busanmc.or.kr
Company typeenum
Private
Founded yearint
1876
Descriptiontext

Busan Medical Center (부산광역시의료원) is a public general hospital located in Yeonje-gu, Busan, South Korea, operating under the governance of Busan Metropolitan City Government as the city's primary municipal medical institution. Founded in 1876 as Gwanrip Jesaengwon (관립제생원), one of Korea's first Western-style hospitals, the center relocated to its current site in 1976 and celebrated its 150th anniversary in 2026. The facility operates approximately 1,050 inpatient beds organized around eight specialized centers: Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, and a nationally scaled Public Rehabilitation Center. It also operates a consigned subsidiary — Busan Medical Center Elderly Specialist Hospital No. 2 (부산의료원 노인전문제2병원) — which includes a 62-bed dementia care unit under the national dementia responsibility system. Active construction projects underway include a dedicated Children's Hospital and a Respiratory Center.

The hospital's clinical technology base centers on high-end diagnostic and treatment equipment — including GE Revolution CT ES for whole-body imaging in four seconds, a 3.0T MRI, advanced cardiac ultrasound, and magnetic-type extracorporeal shock wave lithotripsy — supplemented by an integrated digital service layer comprising a dedicated mobile application, an online medical certificate issuance portal (busanmc.medcerti.com), and integration with Korea's 실손24 health insurance claim platform. Busan Medical Center has earned sustained quality recognition including 9 consecutive years of Grade 1 in the HIRA COPD appropriateness assessment, 7 consecutive years (2016-2022) of Best Institution designation from the Ministry of Health and Welfare, 4 consecutive cycles of Excellent Endoscopy Room certification, and Grade 1 ratings across pneumonia, tuberculosis, blood transfusion, and dementia appropriateness assessments.

The business model is anchored in Korea's national health insurance reimbursement system, supplemented by government appropriations from Busan Metropolitan City and the national government (3.78 billion KRW invested in the Public Rehabilitation Center; 7.6 billion KRW in the Cardiovascular Center expansion). The center serves four principal segments: the general public and Busan city residents (primary), elderly and senior patients requiring geriatric and dementia care, disabled patients (including dental services), and vulnerable or low-income populations reached through the 3for1 Integrated Support Center program in partnership with district offices across all major Busan administrative districts. Additional institutional customers include professional sports teams (Lotte Giants baseball, KTF Magic Wings basketball) for designated medical services and multiple district offices for cooperative public health programs. As a non-profit public institution, Busan Medical Center operates without equity ownership, venture funding, or stock exchange listing, with strategic oversight provided by municipal government leadership — currently the 16th Director, Dr. Choi Chang-hwa, since July 2016.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersBusan, South Korea
HQ citystring
Busan
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
public hospital services, specialty medical centers, rehabilitation services, cardiovascular treatment, community healthcare
Industry1 code
1Community & Regional General Hospitals
CodeHLAFAAABPrimaryYes
NAICS code2 codes
  • General Medical and Surgical Hospitals6221
  • Nursing Care Facilities (Skilled Nursing Facilities)6231
SIC code2 codes
  • Services-General Medical & Surgical Hospitals, Nec8062
  • Services-Hospitals8060
Product category
Public Hospital Services
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Busan Medical Center is a public general hospital providing comprehensive medical services through specialized centers including Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, Disabled Dental, and Chronic Disease Management. The hospital operates approximately 1,050 beds with both inpatient and outpatient services, advanced diagnostic equipment (Revolution CT ES, 3.0T MRI), and the nation's largest public rehabilitation facility. It serves as Busan's primary public medical institution under municipal government governance.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 8 consecutive years of Grade 1 in COPD (Chronic Obstructive Pulmonary Disease) adequacy assessment by HIRA
+2 more records
Product overview1 text field

Busan Medical Center operates as a public general hospital providing comprehensive medical services through specialized centers including Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, and Public Rehabilitation centers. The hospital offers approximately 1,050 beds and provides both inpatient and outpatient services. Support services include an on-site funeral hall, online certificate issuance portal, and integrated nursing care services.

Product and service16 records
1Health Promotion Center (건강증진센터)
CategoryPreventive Health Services
Description

Provides early disease detection and preventive health services including comprehensive health examinations for the general public and local residents.

2Rehabilitation Center (재활센터)
CategoryRehabilitation Services
Description

Provides comprehensive rehabilitation services including cardiovascular rehabilitation, cerebrovascular rehabilitation, and treatment support for developmental and brain lesion disabilities.

3Cardiovascular Center (심혈관센터)
CategorySpecialty Medical Center
Description

Specialized center for cardiovascular disease diagnosis, treatment, prevention, and cardiac rehabilitation with advanced equipment and special examinations.

4Cerebrovascular Center (뇌혈관센터)
CategorySpecialty Medical Center
Description

Specialized center for cerebrovascular disease diagnosis and treatment with integrated rehabilitation services.

5Artificial Kidney Center (인공신장센터)
CategorySpecialty Medical Center
Description

Provides dialysis and kidney-related treatment services for patients with kidney disease.

6Artificial Joint Center (인공관절센터)
CategorySpecialty Medical Center
Description

Specialized center for artificial joint replacement surgery with advanced surgical equipment and expert orthopedic staff.

7Digestive Center (소화기센터)
CategorySpecialty Medical Center
Description

Specialized center for digestive system diseases with endoscopic procedures, operating 6 specialized clinics and holding 4 consecutive cycles of Excellent Endoscopy Room certification.

8Disabled Dental Center (장애인치과센터)
CategorySpecialty Medical Center
Description

Specialized dental center providing dental care services for patients with physical and cognitive disabilities under medical cooperation agreement with Busan Disabled People's Union.

9Chronic Disease Management Education Center (만성질환관리교육센터)
CategoryPublic Health Education
Description

Provides chronic disease education and management programs for patients with chronic conditions requiring long-term care and education.

10Integrated Nursing Care Service Ward (간호간병통합서비스병동)
CategoryInpatient Care Services
Description

Integrated nursing-care service ward providing combined nursing and caregiving services for hospitalized patients.

11Laparoscopic Surgery Center (복강경수술센터)
CategorySpecialty Medical Center
Description

Specialized center for minimally invasive laparoscopic surgical procedures across multiple surgical disciplines.

12Breast and Thyroid Center (유방/갑상선 센터)
CategorySpecialty Medical Center
Description

Specialized center for breast and thyroid disease diagnosis, treatment, and follow-up care.

13Thoracoscopic Clinic (흉강경클리닉)
CategorySpecialty Medical Center
Description

Specialized clinic for thoracoscopic (minimally invasive chest) surgical procedures.

14Sports Injury Clinic (스포츠손상 클리닉)
CategorySpecialty Medical Center
Description

Specialized clinic for treating and managing sports-related injuries, including program services for athletes and sports teams.

15Funeral Hall (장례식장)
CategorySupport Services
Description

On-site funeral services facility providing hearse, memorial altars, and burial services for patients' families.

16Online Certificate Issuance Service (인터넷 증명서 발급)
CategoryDigital Service
Description

Online service for issuing medical certificates including treatment fee receipts, detailed statements, and prescription confirmations.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership13 partners
1Children's Hospital Construction Project
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-07-02
Description

Busan Medical Center is developing a dedicated children's hospital to expand pediatric care services in the region. Traffic impact assessment for the project has been completed and construction is underway.

busanmc.or.kr
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Busan Medical Center is operated under the governance of Busan Metropolitan City as the city's primary public medical institution. The city government provides funding and oversight, and the center participates in city-wide public health initiatives including the 3for1 integrated support center program.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

A dedicated respiratory center is being constructed to strengthen respiratory disease treatment capabilities. Construction safety inspection and project management supervision are in progress.

4Busan Medical Center Senior Hospital No. 2 (부산노인전문제2병원)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Busan Medical Center operates the Busan Senior Specialist Hospital No. 2 (a municipal hospital) on consignment from Busan City. The facility includes a 62-bed dementia care unit established as part of the national dementia responsibility system.

busanmc.or.kr
5Busan Disabled People's Union (부산장애총연합회)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Medical cooperation agreement signed on March 21, 2017, designating Busan Medical Center as the official medical institution for the disabled community organization.

busanmc.or.kr
6Korean Arts Workers Welfare Foundation (한국예술인복지재단)
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Welfare support agreement signed on December 5, 2016 to provide mental health and welfare services for artists experiencing psychological distress.

busanmc.or.kr
7Busan Transportation Corporation (부산교통공사)
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Business cooperation agreement signed on March 29, 2019 with Busan Transportation Corporation First Operation Office to expand the 'citizen health experience center' free medical service program at subway stations.

busanmc.or.kr
8Nara-Dongil Medical Foundation (나라·동일의료재단)
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Medical cooperation agreement signed on August 16, 2016 to establish a cooperative medical treatment system with Nara-Dongil Medical Foundation.

busanmc.or.kr
Strategic tierCoreTypeStrategic or Co-development Partner
Description

3for1 Integrated Support Center partnerships with multiple district offices (Haeundae-gu, Saha-gu, Yeongdo-gu, Gangseo-gu, Seo-gu, Jung-gu, Buk-gu, Geumjeong-gu, Nam-gu, Busanjin-gu, Dongnae-gu, etc.) providing integrated health-welfare-social support for vulnerable populations across Busan city.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Industry-academia cooperation agreement for student hospital visits and training programs.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Industry-academia cooperation agreement signed on December 6, 2005 for collaborative educational and research programs.

12Jeongshim Lions Club (정심라이온스클럽)
Strategic tierMinorTypeGTM or Marketing Partner
Description

Long-standing partnership spanning 25 years. The club has donated 2 million KRW and supplies to the Unfortunate Patient Support Association, supporting patients without guardians. Donations continued since 2003.

busanmc.or.kr
13Busan Medical Center Unfortunate Patient Support Association (부산의료원 불우환자후원회)
Strategic tierMinorTypeGTM or Marketing Partner
Description

Support association formed by hospital staff members who voluntarily donate to assist patients in financial hardship. The association has donated 5 million KRW to Seongji Social Welfare Center and provided support to 'Yeonje Hope It' project.

busanmc.or.kr
Recent move11 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

Major academic tertiary hospital in Busan and an existing referral partner of BMC. Comparable in geographic market and clinical scope, but operates as a university-affiliated national university hospital with greater research and specialty depth.

2Gwangju Medical Center (광주광역시의료원)
TypeDirect peer
Description

Gwangju's municipal public medical center. Same scale and governance structure as BMC, providing general and specialty care to local residents under metropolitan city ownership.

TypeBroad incumbent
Description

Major Korean academic tertiary hospital with comprehensive specialty centers. Comparable in clinical scope to BMC's specialty centers, but operates as a private university hospital with different funding model.

TypeDirect peer
Description

Seoul's municipal public general hospital operated by Seoul Metropolitan Government. Directly comparable to Busan Medical Center as a city-owned public medical institution serving as a 'last bastion' of public healthcare with multiple specialty centers and government funding.

TypeBroad incumbent
Description

Korea's national-level public hospital under the Ministry of Health and Welfare. Comparable as a public healthcare provider with a broader national mandate, but operates at a larger scale and with central (not municipal) government oversight.

6Busan St. Mary's Medical Center (부산성모병원)
TypeRegional player
Description

Major private general hospital in Busan. Competes with BMC for local patients across many of the same specialties (cardiovascular, orthopedic, etc.), but operates as a Catholic-affiliated private institution.

TypeBroad incumbent
Description

Korea's largest private hospital by patient volume. Not a direct competitor for BMC's public-health role, but comparable as a major general hospital with cardiovascular and other specialty centers competing for complex-acuity patients regionally.

8Daejeon Medical Center (대전광역시의료원)
TypeDirect peer
Description

Daejeon's municipal public medical institution. Comparable Korean metropolitan public hospital model with multiple specialty centers and city government funding.

TypeDirect peer
Description

Incheon's municipal public medical institution. Operates under the same Korean public hospital model as BMC, providing general and specialty services to Incheon residents with metropolitan city government oversight.

10Daegu Medical Center (대구광역시의료원)
TypeDirect peer
Description

Daegu's metropolitan public medical institution. Same structure as BMC: public municipal hospital providing comprehensive medical services under metropolitan city governance, with multiple specialty centers.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance14 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Busan Medical Center

Public Hospital Servicesbusanmc.or.kr

What Busan Medical Center does

Busan Medical Center (부산광역시의료원) is a public general hospital located in Yeonje-gu, Busan, South Korea, operating under the governance of Busan Metropolitan City Government as the city's primary municipal medical institution. Founded in 1876 as Gwanrip Jesaengwon (관립제생원), one of Korea's first Western-style hospitals, the center relocated to its current site in 1976 and celebrated its 150th anniversary in 2026. The facility operates approximately 1,050 inpatient beds organized around eight specialized centers: Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, and a nationally scaled Public Rehabilitation Center. It also operates a consigned subsidiary — Busan Medical Center Elderly Specialist Hospital No. 2 (부산의료원 노인전문제2병원) — which includes a 62-bed dementia care unit under the national dementia responsibility system. Active construction projects underway include a dedicated Children's Hospital and a Respiratory Center.

The hospital's clinical technology base centers on high-end diagnostic and treatment equipment — including GE Revolution CT ES for whole-body imaging in four seconds, a 3.0T MRI, advanced cardiac ultrasound, and magnetic-type extracorporeal shock wave lithotripsy — supplemented by an integrated digital service layer comprising a dedicated mobile application, an online medical certificate issuance portal (busanmc.medcerti.com), and integration with Korea's 실손24 health insurance claim platform. Busan Medical Center has earned sustained quality recognition including 9 consecutive years of Grade 1 in the HIRA COPD appropriateness assessment, 7 consecutive years (2016-2022) of Best Institution designation from the Ministry of Health and Welfare, 4 consecutive cycles of Excellent Endoscopy Room certification, and Grade 1 ratings across pneumonia, tuberculosis, blood transfusion, and dementia appropriateness assessments.

The business model is anchored in Korea's national health insurance reimbursement system, supplemented by government appropriations from Busan Metropolitan City and the national government (3.78 billion KRW invested in the Public Rehabilitation Center; 7.6 billion KRW in the Cardiovascular Center expansion). The center serves four principal segments: the general public and Busan city residents (primary), elderly and senior patients requiring geriatric and dementia care, disabled patients (including dental services), and vulnerable or low-income populations reached through the 3for1 Integrated Support Center program in partnership with district offices across all major Busan administrative districts. Additional institutional customers include professional sports teams (Lotte Giants baseball, KTF Magic Wings basketball) for designated medical services and multiple district offices for cooperative public health programs. As a non-profit public institution, Busan Medical Center operates without equity ownership, venture funding, or stock exchange listing, with strategic oversight provided by municipal government leadership — currently the 16th Director, Dr. Choi Chang-hwa, since July 2016.

Busan Medical Center firmographics

Firmographics
Name
Busan Medical Center
Legal name
부산광역시의료원
Website
https://busanmc.or.kr
Company type
Private
Founded year
1876
Operating status
Operating
Ownership category
akta.pro rank

Busan Medical Center industry classification

Industry
Product category
Public Hospital Services
NAICS
General Medical and Surgical Hospitals (6221), Nursing Care Facilities (Skilled Nursing Facilities) (6231)
SIC
Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060)
akta.pro primary industry
Community & Regional General Hospitals (HLAFAAAB)

Keywords

  • Public hospital services
  • Specialty medical centers
  • Rehabilitation services
  • Cardiovascular treatment
  • Community healthcare

Where Busan Medical Center is headquartered

Location

Headquarters

HQ city
Busan
HQ country
South Korea
HQ region
Asia

Offices1 record

Markets served

Busan Medical Center business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Distribution channels4 records

Marketing channels4 records

Busan Medical Center product offering

Product offering

Core offering

Busan Medical Center is a public general hospital providing comprehensive medical services through specialized centers including Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, Disabled Dental, and Chronic Disease Management. The hospital operates approximately 1,050 beds with both inpatient and outpatient services, advanced diagnostic equipment (Revolution CT ES, 3.0T MRI), and the nation's largest public rehabilitation facility. It serves as Busan's primary public medical institution under municipal government governance.

Product overview

Busan Medical Center operates as a public general hospital providing comprehensive medical services through specialized centers including Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, and Public Rehabilitation centers. The hospital offers approximately 1,050 beds and provides both inpatient and outpatient services. Support services include an on-site funeral hall, online certificate issuance portal, and integrated nursing care services.

Differentiator

Problem solved

Functional benefit

Products and services

  • Health Promotion Center (건강증진센터) Provides early disease detection and preventive health services including comprehensive health examinations for the general public and local residents.
  • Rehabilitation Center (재활센터) Provides comprehensive rehabilitation services including cardiovascular rehabilitation, cerebrovascular rehabilitation, and treatment support for developmental and brain lesion disabilities.
  • Cardiovascular Center (심혈관센터) Specialized center for cardiovascular disease diagnosis, treatment, prevention, and cardiac rehabilitation with advanced equipment and special examinations.
  • Cerebrovascular Center (뇌혈관센터) Specialized center for cerebrovascular disease diagnosis and treatment with integrated rehabilitation services.
  • Artificial Kidney Center (인공신장센터) Provides dialysis and kidney-related treatment services for patients with kidney disease.
  • Artificial Joint Center (인공관절센터) Specialized center for artificial joint replacement surgery with advanced surgical equipment and expert orthopedic staff.
  • Digestive Center (소화기센터) Specialized center for digestive system diseases with endoscopic procedures, operating 6 specialized clinics and holding 4 consecutive cycles of Excellent Endoscopy Room certification.
  • Disabled Dental Center (장애인치과센터) Specialized dental center providing dental care services for patients with physical and cognitive disabilities under medical cooperation agreement with Busan Disabled People's Union.
  • Chronic Disease Management Education Center (만성질환관리교육센터) Provides chronic disease education and management programs for patients with chronic conditions requiring long-term care and education.
  • Integrated Nursing Care Service Ward (간호간병통합서비스병동) Integrated nursing-care service ward providing combined nursing and caregiving services for hospitalized patients.
  • Laparoscopic Surgery Center (복강경수술센터) Specialized center for minimally invasive laparoscopic surgical procedures across multiple surgical disciplines.
  • Breast and Thyroid Center (유방/갑상선 센터) Specialized center for breast and thyroid disease diagnosis, treatment, and follow-up care.
  • Thoracoscopic Clinic (흉강경클리닉) Specialized clinic for thoracoscopic (minimally invasive chest) surgical procedures.
  • Sports Injury Clinic (스포츠손상 클리닉) Specialized clinic for treating and managing sports-related injuries, including program services for athletes and sports teams.
  • Funeral Hall (장례식장) On-site funeral services facility providing hearse, memorial altars, and burial services for patients' families.
  • Online Certificate Issuance Service (인터넷 증명서 발급) Online service for issuing medical certificates including treatment fee receipts, detailed statements, and prescription confirmations.

Quantifiable outcome

  • 8 consecutive years of Grade 1 in COPD (Chronic Obstructive Pulmonary Disease) adequacy assessment by HIRA
  • +2 more outcomes

Companies that use Busan Medical Center

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Busan Medical Center technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Busan Medical Center partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered major, core and minor.

  • Children's Hospital Construction ProjectmajorStrategic or Co-development Partner · 2 July 2026Busan Medical Center is developing a dedicated children's hospital to expand pediatric care services in the region. Traffic impact assessment for the project has been completed and construction is underway.
  • Busan Metropolitan City GovernmentcoreStrategic or Co-development PartnerBusan Medical Center is operated under the governance of Busan Metropolitan City as the city's primary public medical institution. The city government provides funding and oversight, and the center participates in city-wide public health initiatives including the 3for1 integrated support center program.
  • Respiratory Center Construction ProjectmajorStrategic or Co-development PartnerA dedicated respiratory center is being constructed to strengthen respiratory disease treatment capabilities. Construction safety inspection and project management supervision are in progress.
  • Busan Medical Center Senior Hospital No. 2 (부산노인전문제2병원)coreStrategic or Co-development PartnerBusan Medical Center operates the Busan Senior Specialist Hospital No. 2 (a municipal hospital) on consignment from Busan City. The facility includes a 62-bed dementia care unit established as part of the national dementia responsibility system.
  • Busan Disabled People's Union (부산장애총연합회)coreStrategic or Co-development PartnerMedical cooperation agreement signed on March 21, 2017, designating Busan Medical Center as the official medical institution for the disabled community organization.
  • Korean Arts Workers Welfare Foundation (한국예술인복지재단)minorStrategic or Co-development PartnerWelfare support agreement signed on December 5, 2016 to provide mental health and welfare services for artists experiencing psychological distress.
  • Busan Transportation Corporation (부산교통공사)minorStrategic or Co-development PartnerBusiness cooperation agreement signed on March 29, 2019 with Busan Transportation Corporation First Operation Office to expand the 'citizen health experience center' free medical service program at subway stations.
  • Nara-Dongil Medical Foundation (나라·동일의료재단)minorStrategic or Co-development PartnerMedical cooperation agreement signed on August 16, 2016 to establish a cooperative medical treatment system with Nara-Dongil Medical Foundation.
  • Busan District Offices (Various)coreStrategic or Co-development Partner3for1 Integrated Support Center partnerships with multiple district offices (Haeundae-gu, Saha-gu, Yeongdo-gu, Gangseo-gu, Seo-gu, Jung-gu, Buk-gu, Geumjeong-gu, Nam-gu, Busanjin-gu, Dongnae-gu, etc.) providing integrated health-welfare-social support for vulnerable populations across Busan city.
  • Pusan National University of Science and Technology (부산경상대학)minorStrategic or Co-development PartnerIndustry-academia cooperation agreement for student hospital visits and training programs.
  • Silla University (신라대학교)minorStrategic or Co-development PartnerIndustry-academia cooperation agreement signed on December 6, 2005 for collaborative educational and research programs.
  • Jeongshim Lions Club (정심라이온스클럽)minorGTM or Marketing PartnerLong-standing partnership spanning 25 years. The club has donated 2 million KRW and supplies to the Unfortunate Patient Support Association, supporting patients without guardians. Donations continued since 2003.
  • Busan Medical Center Unfortunate Patient Support Association (부산의료원 불우환자후원회)minorGTM or Marketing PartnerSupport association formed by hospital staff members who voluntarily donate to assist patients in financial hardship. The association has donated 5 million KRW to Seongji Social Welfare Center and provided support to 'Yeonje Hope It' project.

Scale indicators6 records

Recent moves11 records

Expansion highlights7 records

Busan Medical Center competitors and assessment

Company assessment

Regional players

  • Pusan National University Hospital (부산대학교병원): Major academic tertiary hospital in Busan and an existing referral partner of BMC. Comparable in geographic market and clinical scope, but operates as a university-affiliated national university hospital with greater research and specialty depth.
  • Busan St. Mary's Medical Center (부산성모병원): Major private general hospital in Busan. Competes with BMC for local patients across many of the same specialties (cardiovascular, orthopedic, etc.), but operates as a Catholic-affiliated private institution.

Direct peers

  • Gwangju Medical Center (광주광역시의료원): Gwangju's municipal public medical center. Same scale and governance structure as BMC, providing general and specialty care to local residents under metropolitan city ownership.
  • Seoul Medical Center (서울특별시서울의료원): Seoul's municipal public general hospital operated by Seoul Metropolitan Government. Directly comparable to Busan Medical Center as a city-owned public medical institution serving as a 'last bastion' of public healthcare with multiple specialty centers and government funding.
  • Daejeon Medical Center (대전광역시의료원): Daejeon's municipal public medical institution. Comparable Korean metropolitan public hospital model with multiple specialty centers and city government funding.
  • Incheon Medical Center (인천광역시의료원): Incheon's municipal public medical institution. Operates under the same Korean public hospital model as BMC, providing general and specialty services to Incheon residents with metropolitan city government oversight.
  • Daegu Medical Center (대구광역시의료원): Daegu's metropolitan public medical institution. Same structure as BMC: public municipal hospital providing comprehensive medical services under metropolitan city governance, with multiple specialty centers.

Broad incumbents

  • Korea University Anam Hospital (고려대학교안암병원): Major Korean academic tertiary hospital with comprehensive specialty centers. Comparable in clinical scope to BMC's specialty centers, but operates as a private university hospital with different funding model.
  • National Medical Center (국립중앙의료원): Korea's national-level public hospital under the Ministry of Health and Welfare. Comparable as a public healthcare provider with a broader national mandate, but operates at a larger scale and with central (not municipal) government oversight.
  • Asan Medical Center (서울아산병원): Korea's largest private hospital by patient volume. Not a direct competitor for BMC's public-health role, but comparable as a major general hospital with cardiovascular and other specialty centers competing for complex-acuity patients regionally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Busan Medical Center social profiles

Digital presence

Busan Medical Center compliance and trust

Trust signal

Compliance14 records

Busan Medical Center financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Busan Medical Center leadership team

Management profile

Number of profiles

Profiles1 record

Busan Medical Center subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Busan Medical Center funding detail

Funding detail

Funding overview

Funding rounds

Investors

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Busan Medical Center M&A and investment

M&A and investment

M&A

Investments

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Frequently asked questions about Busan Medical Center

What does Busan Medical Center do?

Busan Medical Center is a public general hospital providing comprehensive medical services through specialized centers including Health Promotion, Rehabilitation, Cardiovascular, Cerebrovascular, Digestive, Artificial Kidney, Artificial Joint, Disabled Dental, and Chronic Disease Management. The hospital operates approximately 1,050 beds with both inpatient and outpatient services, advanced diagnostic equipment (Revolution CT ES, 3.0T MRI), and the nation's largest public rehabilitation facility. It serves as Busan's primary public medical institution under municipal government governance.

Is Busan Medical Center a public or private company?

Busan Medical Center is a private company. It is classified as state government owned and is currently operating.

When was Busan Medical Center founded?

Busan Medical Center was founded in 1876.

Where is Busan Medical Center based?

Busan Medical Center is headquartered in Busan, South Korea, in the Asia region.

Who are Busan Medical Center's main competitors?

Regional players on record are Pusan National University Hospital (부산대학교병원) and Busan St. Mary's Medical Center (부산성모병원). Direct peers are Gwangju Medical Center (광주광역시의료원), Seoul Medical Center (서울특별시서울의료원), Daejeon Medical Center (대전광역시의료원), Incheon Medical Center (인천광역시의료원) and Daegu Medical Center (대구광역시의료원). Broad incumbents are Korea University Anam Hospital (고려대학교안암병원), National Medical Center (국립중앙의료원) and Asan Medical Center (서울아산병원).

Does Busan Medical Center have an API?

No public API is recorded for Busan Medical Center.

What industry is Busan Medical Center in?

Busan Medical Center's product category is Public Hospital Services. Its primary akta.pro industry code is HLAFAAAB, Community & Regional General Hospitals. Its NAICS code is 6221 and its SIC code is 8062.

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