Industry Evolution
We encourage academia to accelerate technological research, development and innovation and establish medical institutes to bolster quality of medical service.
Encourage academia to accelerate technological research, development and innovation
Y. Z. Hsu Science Award
Far Eastern Y. Z. Hsu Science and Technology Memorial Foundation is founded on the mission to promote “technology and innovation.” Since 2002, the foundation has been presenting Y. Z. Hsu Science Award to encourage the academia for dedication in innovative research and development in the technological fields. The foundation consistently exerts efforts and resources into the cause, making Y. Z. Hsu Science Award one of the most prominent awards in scientific research in Taiwan. As this award marches into its 18th year in 2020, it is now one of the most significant technology awards in Taiwan. Over 241 scholars and experts participated in the peer review, and chose 30 winners for Science Chair Professor, Science Paper Award, Yuan Ze Chair Professor and Outstanding Professor Award. Among them, winners of Y. Z. Hsu Science Chair Professor received NT$11.4 million. Over the 18 years of the award history, 388 awards have been presented with NT$160 million in prize money, which is a remarkable record.
Y. Z. Hsu Science Award Categories
Establish medical institutes to bolster quality of medical service
Far Eastern Memorial Hospital/Far Eastern Polyclinic
In the 1970s, there was a lack of modernized large-scale hospitals in New Taipei City, and patients in serious or emergency conditions had to be diverted to Taipei City. The delay in treatment often led to tragedies. Therefore, Y. Z. Hsu, founder of Far Eastern Group, established Far Eastern Medical Foundation and set out on the mission to build hospitals, provide emergency medical service, offer pro bono healthcare for the disadvantaged and encourage medical research. In 1981, the foundation established Far Eastern Memorial Hospital in Banqiao District; in 1988, Far Eastern Polyclinic in Taipei City.
Currently, Far Eastern Memorial Hospital is the only medical center in New Taipei City. It is also a medical facility that is recognized by National Quality Award. Over the years, the hospital has grown into a large-scale medical center with 64 specializations, two centers and 1,174 hospital beds. Each month, the hospital conducts approximately 3,200 surgeries. Daily medical appointments reach over 5,000. The hospital continues to provide patient-centric healthcare, develop AI medical applications, and build smart hospitals with healthcare models and services that enhance patient experience. The hospital also utilizes data analysis as a supplement to boost agility in decision making and provide more efficient prescription service. Therefore, Far Eastern Memorial Hospital won the 2020 National Healthcare Quality Award in the Emergency and Outpatient Service category under Smart Hospital. Additionally, Far Eastern Polyclinic formed medical alliance with National Taiwan University Hospital to continue improving the quality of medical service and fulfill its social responsibility.
