Overview

Message from the President

President Hiroyuki Iwasaki
PresidentHiroyuki Iwasaki
President Hiroyuki Iwasaki
PresidentHiroyuki Iwasaki

We have been operating to ultimately achieve our goals “to innovate in the medical and healthcare fields in Japan and to contribute through creating benefits for everyone in daily life” since our establishment of August 2003.

Technologies of information and communications were not developed enough, which restricted secondary utilization of medical and healthcare data. This lead to the issue of individuals not able to understand their whole medical information and it ultimately became the reason why our company was founded.

As a question, how many people fully understand their medical information such as hospital visits, prescription history in their lifetime? “I presume that this is very small number of people”.

We will solve these problems and improve medical and healthcare through utilization of medical information as we aim to create a society where individuals can track and understand their whole medical and healthcare data and where one individual can select the necessary medical and healthcare services.

We, MDV Group, will continue to operate to fulfill our mission.
We look forward to your continuous support.

Business Overview

Our business consists of two pillars, “Data Network Service” and “Data Utilization Service”. In order to provide “data utilization services,” we collect medical and health information through “data network services”.

Our business consists of two pillars, “Data Network Service” and “Data Utilization Service”

Data Network Services

We mainly provide systems to support the management of hospitals, a key source of medical information. Simultaneously, we accumulate medical and health information once we have received the requisite consent from hospital and individuals.

Sales from our main products, ‘EVE’ and ‘Medical Code’, are comprised of initial installation fees and monthly maintenance fees. ‘EVE’ has an almost 50% share of the market for DPC (diagnosis procedure combination) hospitals, comparatively large institutions that are assigned for emergency and acute care.

Overview of the main products and services in the Data Network Service segment

In this business segment, we supply systems that use DPC data to enable hospital managers to analyze the medical care menu and situation in their own institution and compare performance with other hospitals.

The systems allow analyses of every facet of hospital management, including cost control.

Overview of the main products and services in the Data Network Service segment

Data Utilization Services

The medical and health data accumulated in the Data Network Service segment is anonymized and, after we have received consent from hospitals and individuals for secondary usage, supplied to pharmaceutical companies and research institutions for use in analyzing treatments and diseases.

The main services are ‘MDV analyzer’ and the ‘Ad hoc survey service’. Sales from ‘MDV analyzer’ are comprised of annual prescription fees, while sales from the ‘Ad hoc survey service’ are fees that are calculated for each individual survey, which differ depending on the requested operations.

In addition, we have also begun supplying various types of analytical data to insurance companies and other clients not directly involved in the healthcare services.

Overview of the main products and services in the Data Utilization Service segment

In this business segment, we supply systems that can be used to conduct online analysis of the state of daily drug prescription in acute care facilities, which is not available in the analytical menus of ‘MDV analyzer’, and also survey services customized to the needs of each pharmaceutical company.

Overview of the main products and services in the Data Utilization Service segment

Advantages of MDV

Unique construction of medical big data

We have Japan’s largest medical database in terms of volume and quality. The creation of this database has made possible analysis of the state of drug prescriptions at frontline medical institutions, something that was previously difficult to assess.

Possessing know-how and human resources for the utilization of medical big data

Due to its complexity, medical big data requires significant knowledge and technological expertise to apply in business decisions. MDV was among the first private-sector companies to begin analyzing DPC data and it has accumulated substantial know-how. As a pioneer of medical big data utilization, we now leverage this wealth of specialist knowledge as a provider of data analysis. We endeavor to hire engineers and data scientists with a high level of information processing skill and provide training to further their capabilities.

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Extensive experience in providing services to pharmaceutical companies.

The ability to analyze the state of drug prescriptions at the medical frontline has been well received, and we now provide our analytical services not only to domestic and overseas ethical pharmaceutical companies, but also to OTC pharmaceutical companies and insurance companies.

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Overwhelmingly large number of installations

Our DPC analytical benchmark system ‘EVE’ has won high praise from medical institutions across Japan and has been installed in close to half of all DPC hospitals (an installation rate of around 45%).

‘EVE’ has been installed in close to half of all DPC hospitals (an installation rate of around 45%)

Strong network with medical institutions nationwide

We run a user group, MDV Club, for the medical institutions that use our products and services and have built a strong network with medical institutions across Japan. We are able to leverage this strength to generate feedback from users that we can utilize to create better products and services.

Strong network with medical institutions nationwide

Providing a secure data environment

For all our products and services, we take the utmost care to ensure secure data acquisition and management by complying with all laws and regulations on personal information and conducting our operations in line with a range of guidelines for the handling of medical information.

Extensive support system

We not only sell systems to customers, but also assist them via a variety of content, including operating a user support site and holding seminars and study meetings, to help them get the most out of our systems. The study meetings and medical policy seminars that we hold in various regions around Japan are particularly useful as an opportunity for medical institutions to exchange information.
*These events are currently mostly being held online in view of the COVID-19 pandemic.

Extensive support system

Company Profile

  • Company Name Medical Data Vision Co., Ltd.
  • Location Headquarters
    10F Sumitomo Fudosan Kanda Building, 7 Kanda Mitoshirocho, Chiyoda-ku, Tokyo 101-0053
    Kyushu Branch
    5F Meiji Yasuda Watanabe Building, 1-3-3 Hakata Ekimae, Hakata-ku, Fukuoka-shi, Fukuoka 812-0011
  • Employees245 Employees (Consolidated)(As of end of December 2021)
  • Share Capital992,661,739 JPY (As of end of December 2021)
  • Corporate Executive Officers President   Hiroyuki Iwasaki
    Senior Managing Director   Syuuji Asami
    Director   Takuji Yanagisawa
    Director   Masaki Nakamura
    Outside Director   Souichi Katsuki *
    Outside Director   Takao Nakamura *
    Full-time Corporate Auditor   Masaaki Takaki
    Full-time Corporate Auditor   Atsushi Igarashi
    Corporate Auditor   Yasunori Matsumoto
    Corporate Auditor   Osamu Nakagawa
    Corporate Auditor   Kiyohito Hamada
    Individuals with (*) are independent outside director.
  • Main Businesses 1.

    Develop, produce, sale, and maintain integrated medical information systems

    2.

    Analysis, research, and consultation on various medical data

    3.

    Financial consultations for medical institutions (hospitals)

    4.

    Operation and provision service on various medical data

    5.

    Plan, design, develop, and operate portal site

  • Main BankSumitomo Mitsui Banking Corporation
  • Subsidiaries CADA Co., Ltd.
    Doctorbook Inc.
    MDV Trial Co., Ltd.
    MDV New Connect Co., Ltd.
    MDV Checkup Co., Ltd.
    Medical Domain Inc.
    System be alpha Co., Ltd.
    AIR BIOS Inc.

History

2003

  • AugustEstablished Company (August 20th)
  • DecemberLaunched “Marketing Vision,” hospital business support tool (services provided till 2010)

2005

  • SeptemberLaunched “Path Manager,” clinical pathway construction tool (services provided till 2010)

2006

  • AugustLaunched “EVE,” a DPC analysis benchmark system with GLOBAL HEALTH CONSULTING
  • DecemberThird-party allotment of shares to Medipal Holdings Corporation
    (formerly known as Mediceo Paltac Holdings Co., Ltd.)

2007

  • MarchThird-party allotment of shares to Mitsubishi Corporation
  • AprilLaunched “Cost Matrix,” DPC cost analysis benchmark system
  • JuneEstablished “Emudebu Club,” a user group consisted of 8 core hospitals
  • NovemberLaunched “EVE-ASP,” DPC data information analysis benchmark system

2008

  • AprilLaunched “EBM Provider” operations

2009

  • JulyEstablished capital alliance with CMIC Holdings Co., Ltd.
  • SeptemberLaunched “Medical Code,” hospital business support system (equipped with “enhanced computational scenarios”)
  • OctoberLaunched “Kango no Ai-chan,” home-visit/nursing-care assessment system (transferred business in 2011)

2010

  • AprilEndowed a course at the International University of Health and Welfare (Healthcare management strategy course/h-MBA course)
  • JuneEstablished capital alliance with Fujifilm Holdings Corporation and commenced business partnership
  • October“Medical Code” equipped with “daily cost computation for patients” feature
  • December“Medical Code” equipped with “enhanced drug prescription scenarios” feature

2011

  • NovemberEstablished Kyushu branch (Hakata-ku, Fukuoka-shi, Fukuoka)

2012

  • JanuaryStarted collaboration on cost accounting with St. Luke’s International Hospital
  • March Equipped add-on feature “Medical Fee Payment Revision Simulation” to “Medical Code”
    Launched “Kenpo Analyzer,” health insurance associations ASP-type data analysis tool
    Launched “Medi-log,” health insurers health management portal site
  • AugustLaunched “MDV analyzer,” medical data analysis tool

2013

  • MarchStarted “MDV Medical Data” distribution to “Nikkei Telecom”

2014

  • DecemberListed on the Tokyo Stock Exchange Mothers Market
  • FebruaryLaunched analysis services related to H&BC
  • MarchLaunched “MDV analyzer for Academia,” epidemiological research analysis system
  • AprilEstablished subsidiary CADA Co., Ltd.
  • MayLaunched “Medireer,” healthcare professional career website
  • JuneLaunched “Ace Vision,” hospital digital healthcare solution
  • NovemberLaunched “Hospital eye,” management visualization solution

2015

  • FebruaryLaunched analysis services related to H&BC
  • MarchLaunched “MDV analyzer for Academia,” epidemiological research analysis system
  • AprilEstablished subsidiary CADA Co., Ltd.
  • MayLaunched “Medireer,” healthcare professional career website
  • JuneLaunched “Ace Vision,” hospital digital healthcare solution
  • NovemberLaunched “Hospital eye,” management visualization solution

2016

  • FebruaryStarted data analysis service for health insurance provider industry
  • MarchLaunched “Medical Trend Report for Insurance,” medical statistic data analysis report
  • JuneLaunched “Cancer Therapeutic Alliance Service” for health insurance provider
  • JulyLaunched “MCI/Dementia Alliance Specified Data-set” for health insurance provider
  • AugustStarted business partnership with CSI Co., Ltd.
  • OctoberLaunched “CADA-BOX,” hospital digital health solution
  • NovemberLaunched medical materials market share analysis research service by manufactures and products in the real world setting
    Listed on Tokyo Stock Exchange First Section

2017

  • JanuaryAcquisition of Doctorbook Inc.
  • FebruaryEstablished subsidiary company MDV Consumer Health Co., Ltd., manufacturing and provision of OTC and H&BC products
  • MarchStarted collaboration with MEDIE Co., Ltd.
  • JuneAcquisition of Cosmex Co., Ltd. (presently known as MDV Trial Co., Ltd.)
  • NovemberAcquisition of MDV New Connect Co., Ltd.
  • DecemberStarted business partnership with Techmatrix Corporation

2018

  • JanuaryStarted business partnership with MRSO, Inc.

2019

  • OctoberAcquisition of Medical Domain Inc.

2020

  • FebruaryThe number of patients in MDV’s large scale database exceeded 30 million
  • AprilStarted new database service based on health insurance association data
  • JuneEstablished CSIRT (Computer Security Incident Response Team)
  • AugustLaunched “Vision,” hospital business report service
  • September“MDV analyzer” equipped with “health insurance data analysis” feature
    Launched “Kangocchi + (plus)," application for “The level of need for nursing care” analysis
    Started business partnership with CareNet,Inc
  • OctoberAcquisition of System be alpha Co., Ltd.
    Launched “Online Doctor.Bank (ODB),” telemedicine system
  • NovemberStarted business partnership with SBI Holdings, Inc.
  • DecemberLaunched “MDV Must,” a medical treatment visualization system for small-scale hospitals and clinics
    Started business partnership with ImmuniT Research Inc.

2021

  • JanuaryBecame a supporting member of the Japan Municipal Hospital Association
  • JuneStarted business partnership with Rehab for JAPAN Co., Ltd.
    Launched beta version of “Pocket Brain,” an app for medical abbreviations
  • August“MDV analyzer” equipped with “National Estimate” feature
  • AugustStarted business partnership with IQVIA Solutions Japan, Inc. and TriNetX, LLC
  • OctoberLaunched the main story feature in “MDV Act,” an application for improving hospital management
  • NovemberLaunched a website for “hyper medical vision”
  • DecemberLaunched “Director”, a service to support the creation of public hospital management strengthening plans.
    Launched “Pocket Brain,” an app for medical abbreviations

2022

  • FebruaryAcquisition of AIR BIOS Inc.
    Started business partnership with HOUSEI Inc.
  • AprilTransitioned to the Tokyo Stock Exchange Prime Market

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