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Rise of the private healthcare sector - July 2014

January 2015 - Corporate & Commercial. Co-Publishing von Norton Rose Fulbright.

More articles by this firm.

As of 2013, China had 9,800 private hospitals, representing almost half of the total number of hospitals in the country1. However, private hospitals still severely lag behind their public peers due to low utilisation, talent shortages and incomplete social insurance coverage. As part of China's ongoing healthcare reform initiatives, the Chinese government has set a goal to increase the share of patients treated by private hospitals to 20% by the end of 20152.

The recent official launch of Shanghai International Medical Center (SIMC) (the first international private hospital jointly funded by private capital and government capital) will, it is hoped, mark a new chapter in China's hospital reform efforts.

 http://www.nortonrosefulbright.com/cn/knowledge/publications/118100/rise-of-the-private-healthcare-sector