[Asia Economy Reporter Minwoo Lee] Bit Computer's stock price is on the rise. The increase in domestic confirmed cases of the novel coronavirus infection (COVID-19) to the 500 range appears to have fueled expectations of increased benefits from telemedicine.
As of 2:25 PM on the 26th, Bit Computer's stock price recorded 13,250 KRW, up 12.29% from the previous day. The rise seems to reflect expectations that benefits from non-face-to-face medical treatment will increase as domestic COVID-19 cases enter the 500 range.
Bit Computer announced on the same day that it had won a demonstration support project to establish non-face-to-face video consultation equipment at 5,000 clinic-level medical institutions. This involves providing medical services using patients' mobile devices. The project is promoted by the Ministry of Health and Welfare and led by the Korea Health Information Service, and is scheduled to proceed over the next five months. Bit Computer won the contract, and Pointnix, Neosoftbank, Dasom Medicare, and Vibros, which operates the mobile hospital reservation service 'Ddokdak,' are expected to participate.
The government has temporarily allowed non-face-to-face medical treatment such as telephone consultations and remote prescriptions since February to prevent infection between medical staff and patients due to COVID-19. The number of non-face-to-face prescriptions, which was 100,000 in April, increased to 222,000 in May, 454,000 in June, and 947,000 as of October 25.
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