Delays in Implementing the Online Eligibility Verification System and Equipment Problems
First written in FY2021. 5 of 10 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025DroppedAnnual reportDelays in implementing the Online Eligibility Verification System and equipment problems involving card readers and other devices are not described as standalone risks. Sales of software using Medical DX subsidies are described as business activities after the risks had been addressed.
- FY2024MaterialisedAnnual report
「As demand through the previous fiscal year for implementation of the Online Eligibility Verification System disappeared following the end of subsidies, it had a significant impact on results for the cumulative second quarter of the current fiscal year.」
The disappearance of demand for implementing online eligibility verification following the end of subsidies continued, and revenue from online eligibility verification for the current fiscal year was ¥7.731 million, or 2.4% year on year. - FY2024-Q2MaterialisedAnnual report
「As demand through the previous fiscal year for implementation of the Online Eligibility Verification System disappeared following the end of subsidies, it had a significant impact on results for the cumulative second quarter of the current fiscal year.」
The company states that the disappearance of demand for implementation of the Online Eligibility Verification System following the end of subsidies actually affected results for the cumulative second quarter of the current fiscal year. - FY2024-Q1MaterialisedAnnual report
「In addition, the reaction to the front-loaded demand for implementation of the Online Eligibility Verification System in the previous fiscal year had a significant impact on results for the cumulative first quarter of the current fiscal year.」
The company states that the reaction to front-loaded demand for implementation of the Online Eligibility Verification System actually occurred and had a significant impact on results for the cumulative first quarter of the current fiscal year. - FY2023-Q3MaterialisedAnnual report
「In addition, a series of problems has arisen with My Number Health Insurance Cards, which use My Number Cards as health insurance cards, including insurer information not being reflected correctly. This delayed the implementation and operation of the Online Eligibility Verification System at dental clinics and had a significant impact on results for the cumulative third quarter of the current fiscal year.」
The company states that recurring problems with information being reflected on My Number Health Insurance Cards actually caused delays in the implementation and operation of the Online Eligibility Verification System and had a significant impact on results. - FY2023-Q1RestatedAnnual report
「The government advisory panel recommended amendments to the rules for healthcare providers that would make implementation of the Online Eligibility Verification System using My Number Cards mandatory in principle from April 2023. In addition, on 13 October 2022, the government announced that it would abolish the health insurance cards currently in use as early as autumn 2024, creating conditions for expected front-loaded demand.」
The company continues to describe the planned mandatory implementation in principle of online eligibility verification, the policy to abolish health insurance cards and the expected front-loaded demand. - FY2022RestatedAnnual report
「Implementation of the Online Eligibility Verification System is mandatory in preparation for full-scale operations from 1 April 2023, and front-loaded demand is expected. Demand is expected to level off after full-scale operations begin. If any malfunctions or unforeseen problems occur in the future, they may affect the company's financial condition and operating results.」
The company continues to describe front-loaded demand and the subsequent reaction after full-scale operations begin, as well as the possibility of problems, on the assumption that online eligibility verification will enter full-scale operations and become mandatory. - FY2022-Q3WorsenedAnnual report
「Meanwhile, the government-led Online Eligibility Verification System has also experienced delays, partly due to the prolonged situation in Ukraine. In addition, shortages of semiconductors have delayed delivery of card readers and other equipment by several months, while some parties have called for the withdrawal of the policy requiring implementation of the system in principle from April 2023 or have voiced opposition to it, and some dental clinics have held off on implementation. Although front-loaded demand is expected due to the deadline for implementation subsidies, which require operations to have commenced by the end of March 2023, we expect the impact of rising prices caused by the continued trend of yen depreciation and surging energy and raw-material prices to persist through the end of the current fiscal year.」
In addition to delays in card-reader deliveries caused by semiconductor shortages, opposition to the system and clinics holding off on implementation have emerged, increasing the risk of delays in the adoption and rollout of online eligibility verification. - FY2022-Q2MaterialisedAnnual report
「The company's business has also been affected, as application rates for both the government-led Online Eligibility Verification System and My Number Cards remain below the 50% range.」
The company states that application rates for the Online Eligibility Verification System and related systems remain below the 50% range, and that delays in implementation and adoption are already affecting its business. - FY2021First statedAnnual report
「Even around the start of operations, delays have occurred in the schedule promoted by the Ministry of Health, Labour and Welfare, and it has taken approximately 5–7 months from application to delivery of facial-recognition card readers. If any malfunctions or unforeseen problems occur in the future, they may affect the company's financial condition and operating results.」
The company describes actual schedule delays and the prolonged delivery time for card readers before and around the start of operations as new individual risks.