Huniverse

About Huniverse

Huniverse Global is a South Korean healthcare IT company that spun off from the Korea University Medical Center (KUMC) in June 2019. The company was founded by Professor Sang-Heon Lee, who also serves as the CEO and is a professor of rehabilitation at Korea University Anam Hospital. His background and experience in the medical field are directly linked to the company's core offering, which originated from a national strategic project on precision medicine that began in 2017.

The firm's principal offering is a cloud-based precision medicine hospital information system (P-HIS) named 'PHIS'. This system is designed to manage the vast amounts of data generated by hospitals, including outpatient and inpatient treatment records, administrative data, and electronic medical records (EMR), all within a standardized, modular framework. Unlike traditional on-premise server systems, Huniverse utilizes a cloud-based infrastructure, specifically Naver Cloud, which allows for greater scalability in handling large volumes of real-time data and ensures robust data security. The PHIS platform aims to solve the fundamental problem of data integration between hospitals by standardizing clinical terminology and codes.

Huniverse primarily serves tertiary and general hospitals. Its client roster includes the three hospitals under the Korea University Medical Center (Anam, Guro, and Ansan), Samyook Medical Center, Cheonan Chungmu Hospital, and Asan Chungmu Hospital. The company generates revenue through the initial construction and implementation of the PHIS system, followed by recurring usage fees. This business model offers hospitals potential cost reductions of up to 50% compared to developing and maintaining their own systems, by eliminating significant upfront infrastructure and operational expenses. The company has successfully raised 16 billion won in funding, including a 10 billion won Series B round, with notable investors like Korea University Holdings, Naver Cloud, and Samsung Life Public Welfare Foundation. Huniverse is now planning to expand its operations globally, with an initial focus on the Finnish market.