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South Korean Hospitals Excel in AI Adoption: Inha University Hospital Tops Global Rankings

06 February 2025
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Brand Finance’s Global Top 250 Hospitals 2025 report includes nine hospitals from South Korea

  • Seoul National University - Bundang Hospital leads as the top-ranked South Korean hospital in the global rankings
  • South Korean hospitals are at the forefront of integrating AI technologies into their medical treatments
  • Brand Finance's annual survey of 2,500 healthcare professionals across 30 countries reveals insights into healthcare brand perceptions and factors influencing their decision to work at and recommend hospitals

SEOUL, 6 February 2025 – Inha University Hospital is recognised by healthcare professionals as the world’s top performer for its advanced use and application of artificial intelligence (AI). Three other hospitals from the country are also excelling in this category and collectively rank among the top 100 academic medical centres (AMCs) featured in Brand Finance's Global Top 250 Hospitals 2025 rankings, according to a new report from Brand Finance, the world's leading brand valuation consultancy.

Among them, Seoul National University - Bundang Hospital, Severance Hospital, Yonsei University College of Medicine, and Korea University Anam Hospital have earned positions in the top 100 globally, highlighting the country’s leadership in patient care, medical training, and healthcare innovation.

The country’s leading hospitals excelled in key metrics such as their ability to ‘adopt cutting-edge AI’ in medical practices, applying the ‘latest medical treatments’ and technologies, ‘attracting top-tier healthcare professionals’, and fostering a culture of medical progress and innovation. These institutions also performed highly in metrics such as contributing new research to the medical community and offering ‘strong medical training programs’, further reinforcing South Korea’s reputation as a hub for healthcare excellence.

Alex Haigh, Managing Director, Asia Pacific, Brand Finance, commented:

"South Korea’s strong showing in the rankings reflects the nation’s leadership in healthcare, especially in AI integration, medical research, and training. By continuing to prioritise these areas, South Korean hospitals are poised to further enhance their global reputation in the coming years.

“Brand Finance’s latest research among the world’s leading AMC hospitals emphasises the need to maintain a balanced focus on clinical care, research, and teaching to sustain and enhance global leadership."

The rankings also highlight opportunities for South Korean hospitals to continue expanding their focus on academic research and medical training, further strengthening their leadership in medical academia and innovation.

South Korea’s AMC institutions featured in this year’s report are as follows:

  • Seoul National University - Bundang Hospital
  • Severance Hospital, Yonsei University College of Medicine
  • Inha University Hospital
  • Korea University Anam Hospital
  • Daegu Catholic University Medical Centre
  • Asan Health Network
  • The Catholic University of Korea, Seoul St. Mary's Hospital
  • Yeungnam University Medical Centre
  • Chung-Ang University Hospital

For the first time the study also highlights what makes a hospital attractive for employment and what drives healthcare professionals to recommend a hospital for patient care, research, or education.

When considering employment at hospitals:

  • For employment in clinical work: healthcare professionals prioritise ‘a well-run organisation’.
  • For research roles: the focus shifts to hospitals with ‘a leading medical program’.
  • For education and training: ‘integrated between teaching, research, and patient care’ is most important.

When recommending hospitals:

  • For patient care and for medical training: professionals recommend ‘organisations that medical professionals are proud to have trained or worked at’
  • For medical research collaboration: a hospitals’ ability to ‘attract top medical students’ is the key factor.

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Media Contacts

Gayathri Saravana Kumar
Marketing Director - Asia Pacific
Brand Finance

About Brand Finance

Brand Finance is the world’s leading brand valuation consultancy. Bridging the gap between marketing and finance, Brand Finance evaluates the strength of brands and quantifies their financial value to help organisations make strategic decisions.

Headquartered in London, Brand Finance operates in over 25 countries. Every year, Brand Finance conducts more than 6,000 brand valuations, supported by original market research, and publishes over 100 reports which rank brands across all sectors and countries.

Brand Finance also operates the Global Brand Equity Monitor, conducting original market research annually on 6,000 brands, surveying more than 175,000 respondents across 41 countries and 31 industry sectors. By combining perceptual data from the Global Brand Equity Monitor with data from its valuation database — the largest brand value database in the world — Brand Finance equips ambitious brand leaders with the data, analytics, and the strategic guidance they need to enhance brand and business value.

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance, compliant with ISO 20671.

Brand Finance is a regulated accountancy firm and a committed leader in the standardisation of the brand valuation industry. Brand Finance was the first to be certified by independent auditors as compliant with both ISO 10668 and ISO 20671 and has received the official endorsement of the Marketing Accountability Standards Board (MASB) in the United States.

Definition of Brand

Brand is defined as a marketing-related intangible asset including, but not limited to, names, terms, signs, symbols, logos, and designs, intended to identify goods, services, or entities, creating distinctive images and associations in the minds of stakeholders, thereby generating economic benefits.

Brand Strength

Brand strength is the efficacy of a brand’s performance on intangible measures relative to its competitors. Brand Finance evaluates brand strength in a process compliant with ISO 20671, looking at Marketing Investment, Stakeholder Equity, and the impact of those on Business Performance. The data used is derived from Brand Finance’s proprietary market research programme and from publicly available sources.

Each brand is assigned a Brand Strength Index (BSI) score out of 100, which feeds into the brand value calculation. Based on the score, each brand is assigned a corresponding Brand Rating up to AAA+ in a format similar to a credit rating.

Brand Valuation Approach

Brand Finance calculates the values of brands in its rankings using the Royalty Relief approach – a brand valuation method compliant with the industry standards set in ISO 10668. It involves estimating the likely future revenues that are attributable to a brand by calculating a royalty rate that would be charged for its use, to arrive at a ‘brand value’ understood as a net economic benefit that a brand owner would achieve by licensing the brand in the open market.

The steps in this process are as follows:

1 Calculate brand strength using a balanced scorecard of metrics assessing Marketing Investment, Stakeholder Equity, and Business Performance. Brand strength is expressed as a Brand Strength Index (BSI) score on a scale of 0 to 100.

2 Determine royalty range for each industry, reflecting the importance of brand to purchasing decisions. In luxury, the maximum percentage is high, while in extractive industry, where goods are often commoditised, it is lower. This is done by reviewing comparable licensing agreements sourced from Brand Finance’s extensive database.

3 Calculate royalty rate. The BSI score is applied to the royalty range to arrive at a royalty rate. For example, if the royalty range in a sector is 0-5% and a brand has a BSI score of 80 out of 100, then an appropriate royalty rate for the use of this brand in the given sector will be 4%.

4 Determine brand-specific revenues by estimating a proportion of parent company revenues attributable to a brand.

5 Determine forecast revenues using a function of historic revenues, equity analyst forecasts, and economic growth rates.

6 Apply the royalty rate to the forecast revenues to derive brand revenues.

7 Discount post-tax brand revenues to a net present value which equals the brand value.

Disclaimer

Brand Finance has produced this study with an independent and unbiased analysis. The values derived and opinions presented in this study are based on publicly available information and certain assumptions that Brand Finance used where such data was deficient or unclear. Brand Finance accepts no responsibility and will not be liable in the event that the publicly available information relied upon is subsequently found to be inaccurate. The opinions and financial analysis expressed in the study are not to be construed as providing investment or business advice. Brand Finance does not intend the study to be relied upon for any reason and excludes all liability to any body, government, or organisation.

The data presented in this study form part of Brand Finance's proprietary database, are provided for the benefit of the media, and are not to be used in part or in full for any commercial or technical purpose without written permission from Brand Finance.

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