Private investment key player for high-end health services

Private investment will become a major source of high-end healthcare providers, while public hospitals are responsible for basic and general services.
Ti Gong

Xu Su, a member of the Shanghai Policy Making Consulting Committee

Social investment should be the major force in high-end health services, while the big state-owned hospitals should focus on general and basic health services, local medical officials told an International Forum of Premium Healthcare in Shanghai.

Local public hospital presidents, foreign and joint venture hospital officials, health policy researchers and investors participated in the three-day forum, which ended today, to discuss how to meet the rising demands of healthcare, and to boost public health reform.

“The state government is encouraging social investment in the health industry, while VIP services in public hospitals is limited to within 10 percent of its service amount,” said Xu Su, a member of Shanghai Policy Making Consulting Committee. 

“Social-invested health facilities don’t need to compete in the market with public hospitals, but instead target different fields like high-end services, special departments like rehabilitation ... and comprehensive hospitals in regions where public hospitals are not available.”

“Medical tourism is also an important sector for private investment,” he said.

Dr Gu Jingwen, director of Huashan Hospital Worldwide Medical Center and director of Shanghai Medical Association’s international medicine society, said premium healthcare is not a service targeting rich people but a new and better service to meet patients’ differing demands, as well as the requirements under social and economic development.

Ti Gong

Dr Gu Jingwen, director of Huashan Hospital Worldwide Medical Center and director of Shanghai Medical Association’s international medicine society

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