Huge growth potential seen in nation’s private hospitals

Huge growth potential seen in nation’s private hospitals

China’s private hospitals, as a beneficial supplement to the country’s public hospitals, sho

uld target market segments and offer high-value service to get market approval, experts said.

“Private hospitals are facing huge growth potential. They should p

osition themselves correctly, serve customers well, and offer good service,” said Zhang Che

ngyu, president of Shanghai United Family Pudong Hospital, a private hospital in Shanghai.

“Before restructuring in 2000, the annual revenue of Beijing Jiangong Hospital was 40 million yuan ($5.90 million), but in

2017, it reached 650 million yuan, a sixteen-fold increase, which demonstrates the effect of re

structuring,” said Cheng Libing, president of CR Medical, the parent company of the hospital.

According to Sun Baishun, deputy director of Beijing Jiangong Ho

spital, in 2017, total visits to the hospital reached 880,000, and there were 8,000 opera

tions performed to treat lung cancer. “Our hospital is a perfect supplement to public hospitals,” Sun said.

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