In September 2016, eHealthWise became a wholly owned subsidiary of MIMS Australia Pty Ltd. Our products have been in the Australian Healthcare market for over a decade and were designed to simplify the healthcare revenue cycle, payments and e-Claiming process. Our products enable healthcare providers and payers to route, control, reconcile and settle healthcare data, payments and e-Claims electronically which means payment is more accurate and timely. We have relationships with many strategic partners in the Healthcare industry including; major private & public hospitals, private health insurance funds and Medicare Australia. Our low cost web based eligibility and e-claiming solutions allow our partners to focus on their core business. We processed in excess of AUD$900 Million of electronic claims (e-Claims) value last financial year. We currently provide a range of electronic services to Public & Private hospitals, Day Surgeries and Specialists throughout the country.
In October 2015, our MIMS Australia Shareholders, SMS Co and Mitsui & Co (one of the world's most diversified trading and investment enterprises with 140 offices in 65 countries) acquired MIMS Group across Asia-Oceania for USD$250 Million - this makes us one of the strongest players within integrated healthcare in the region with approximately 1.7 million healthcare professionals subscribing to MIMS across 13 countries.
SMS Co Ltd is a publicly listed company on the Tokyo Stock Exchange (TYO:2175). At SMS Co, we have 18 offices throughout Japan, with subsidiaries in 13 ASEAN countries. We have +1,600 staff across Asia with a strong presence across many health technologies covering Hospitals, Clinics, Day Surgeries, Nursing, Doctors, Nursing homes and Healthcare Recuritment. During 2017, SMS Co achieved a milestone exceeding a market capitalisation of AUD$1.7 Billion.