HealingPrivateHealthcare分析和总结分析和总结.pdfVIP

Healing Private Healthcare Not long ago ， Chinese authori- ties unveiled a package of measures， which included relaxing price controls over non-public hospital services ， in order to encourage private capital to enter the healthcare sector. The measures were announced in a notice jointly issued by the National Development and Reform Commission （NDRC ）， the National Health and Family Planning Commission ， and the Ministry of Human Resources and Social Security. Upon issuance of the notice ， private healthcare-related stocks jumped by an average of 2.25 percent in China ’s Ashare market， with some even soaring to the daily limit. Does this measure mark the sprouts of spring for private hospitals in China ？ Prolonged Process Prior to the 1980s ， the overwhelming majority of Chinese hospitals were publicly-owned ， and patients had to endure long waits to consult a doctor in public hospitals ， which were often criticized for unsatisfying services. After China ’s reform and opening-up ， the government began to introduce private capital into the healthcare sector， in hopes of breaking the monopoly of public hospitals and forcing them to improve their services through market competition. In the late 1980s， investors from Putian City ， Fujian Province ， became the first group to test the waters of private healthcare in China. They earned their first windfall establishing private clinics ， and then spread their wings nationwide through contracting or acquiring other hospitals. It is estimated that 80 percent of large private hospitals are run by Putian investors. Over the past two decades， private hospitals have mushroomed throughout the nation. However ， the door of China ’s hospital market didn ’t open to foreign investors until 1997 when the country began to approve Sino-foreign joint venture hospitals. However ，