UMP

Hong Kong healthcare platform connecting insurers, corporations, and patients across the Greater Bay Area

Specialty Solutions Established Public (HKEX: 722.HK)

Overview

UMP Healthcare Holdings Limited is a healthcare TPA and clinical services provider based in Hong Kong, serving corporate clients, insurers, and individual patients across Hong Kong, Macau, and Mainland China. The company administers employee healthcare benefit programs for over 2,000 businesses and insurance companies, operating as a critical intermediary in Hong Kong's corporate health benefits ecosystem.

Founded in 1990 by Dr. Sun Yiu Kwong and a group of physicians, UMP has expanded from a single family medicine clinic into an integrated healthcare network with over 1,000 self-owned and affiliated service points. Its TPA platform supports real-time insurer interfacing, automated claims processing, multiple settlement models (fee-for-service, capitation, bundled payment), and cross-border medical network access across the Greater Bay Area. The company holds one of the first Internet Hospital Licenses granted to a Hong Kong-based healthcare platform for Mainland China operations.

Listed on the Hong Kong Stock Exchange in 2015 (stock code: 722.HK), UMP reported FY2024 revenue of HKD 748.5 million with 453 employees and HKD 256.1 million in cash, zero bank debt. The company serves over 1.3 million corporate end-users annually and has established more than 100 public-private partnership medical service points across major Mainland cities.

Products & Services

Corporate Healthcare Solutions

UMP partners with corporations and insurers to design, enroll, and administer employee health benefit schemes. The platform supports plan design consultation, member enrollment, claims reimbursement, real-time authorization, and insurer interfacing through fee-for-service, capitation, and bundled payment models.

Key Features

Real-time claims visibility and automated authorization
Multi-settlement model support (FFS, capitation, bundled)
Cross-border medical network access for Greater Bay Area operations
Administrative Service Organization (ASO) arrangements for self-insured employers

Target Users: Insurers, multinational employers, HR and benefits administrators

Clinical Healthcare Services

UMP operates a multi-disciplinary clinical network offering family medicine, specialist consultations across 20+ specialties (cardiology, oncology, dermatology, neurology, orthopedics), dental care, diagnostic imaging (PET-CT, MRI, CT, ultrasound), laboratory testing, physiotherapy, day surgery, telemedicine, Traditional Chinese Medicine, and preventive health examinations.

Key Features

Over 1,000 self-owned and affiliated service points
20+ specialist disciplines in a single network
Cross-border clinical coverage in Hong Kong, Macau, and Mainland China

Target Users: Corporate benefit plan members, individual patients

Digital Health Platform

UMP's consumer-facing digital products support member self-service and wellness engagement.

Key Features

UMP Service Point mobile app: doctor directory, e-medical cards, e-vouchers
WeWell: points-based digital wellness loyalty program
Automated claims processing and digital enrollment

Target Users: Corporate scheme members, individual patients

Paeon ProCare Oncology Centre

Comprehensive cancer care facility delivering chemotherapy, immunotherapy, targeted therapy, and hormonal treatments, with precision medicine capabilities integrating advanced imaging and genetic profiling.

Key Features

Integrated imaging and genomic profiling for oncology and cardiology
Full cancer treatment modalities under one clinical umbrella

Target Users: Oncology patients, cancer benefit program members

At a Glance

Founded: 1990
Headquarters: Hong Kong SAR, China
Employees: 201-500
Funding: Public (HKEX: 722.HK)

Category & Focus

Category: Specialty Solutions
Subcategories: Healthcare TPA Benefits Administration Digital Health Clinical Network Management
Insurance Verticals: Health Group Benefits
Target Customers: Carriers, TPAs, Employers