"Re-injection" of non-public medical care under medical investment

In the occluded track of medical services, with the increasing willingness of national consumption, not only the long service chain of traditional medical services is satisfied, but the Chinese medical market, which has a prosperous population and is in great demand for medical treatment, is often left behind. After the rise of the “new middle class” population with the ability to spend, there is a willingness to pay for better quality medical services.

This is also an indispensable key condition in the medical field. It attracts the favor and attention of the capital side. The nature of capital profitability is still willing to help this “ridiculous” market because they see that non-public medical care will become A key point in the future development of the entire medical service industry.

From a capital perspective, the medical industry is full of fragmented investment opportunities, and the new projects are small in scale and can be connected with all walks of life.

And Chinese medical programs must be combined with clinical and doctoral. With the adjustment of policies, especially the implementation of grading medical treatment and multi-point practice, doctors have obtained some free development paths and activated new opportunities in the medical industry.

There is a key word in the medical industry that is information asymmetry. Patients face a large amount of information asymmetry in the process of medical treatment, and the business opportunities behind them are also favored by various medical investors.

Behind it, the high-end development and group development of the medical market will emerge, in order to better meet the needs of many medical services. More hospitals will be transformed from single hospitals to group operations, which is also the only way to brand. .

Behind the grouping, it is necessary to test the operation and management capabilities of the hospital. How to form a synergy among the various organizations of the group, integrate high-quality resources, and establish a sound talent system and discipline linkage are great tests.

At the same time, in the context of policy blessing, the medical groups such as China Resources Medical, CITIC Medical, Peking University Medicine and Fosun Pharma, which are known as the “Big Four” in the industry, have accelerated the scale expansion of social medical institutions. Other main businesses are not. New entrants to medical services are also vying to cross the border into the medical industry.

Insurance companies, including Taikang Insurance, China Life Insurance, and Sunshine Insurance, deploy medical service organizations through PPP mode, acquisition or privatization.

Real estate companies are also participating in the competition. Vanke Group cooperates with the rehabilitation department of well-known local hospitals such as the First Affiliated Hospital of Guangzhou University of Traditional Chinese Medicine, starting with rehabilitation physiotherapy.

In recent years, under the dual role of policy support and capital promotion, the market size of the non-public medical industry has achieved rapid and efficient development.

According to the statistics of the National Health and Health Commission's Statistical Information Center, as of the end of March 2018, the number of private hospitals reached 19,139, an increase of 2,332 compared with last year, which occupies a very large proportion in the market. Medical institutions form a good complementary relationship, which effectively improves the difficulty of patients to see a doctor.

Moreover, facing the reform of state-owned hospitals has also provided a rapid expansion of development opportunities for social medical practitioners. Among them, a large number of listed companies, pharmaceutical companies, insurance companies and other social capital are trying to flood into this wave.

Previously, there were incomplete statistics in the media. From 2016 to now, private capital has completed the acquisition of more than 20 state-owned hospitals, of which more than 10 are packaged and sold by many hospitals.

There are four paths for the restructuring of state-owned enterprises: transfer of places, closure of revocation, integration of resources, restructuring and restructuring. According to the plan, the restructuring of state-owned enterprises will be completed by the end of 2018. The whole process may continue for another 2-3 years, but the enterprise hospital restructuring will gradually enter the collection phase.

Through the dividends of corporate hospital restructuring, in a few years, China Hospital, Peking University, and New Miles have spawned hospitals with more than 10,000 sheets of hospitals.

In particular, China Resources Medical, the earliest operation, and its keen market observation and huge financial capabilities, successfully completed the restructuring of the public top three hospitals, and the Hong Kong stocks were listed by the Phoenix Healthcare.

At present, China's non-public medical market mainly includes five types of chain medical clinics, independent medical centers, specialist hospitals, medical MALLs and Internet medical services, but several models will form a chain development action.

However, compared with the medical level industry, the gap between public medical institutions and non-public medical institutions is now two aspects: one is medical equipment , and the other is the number of physicians.

Among them, medical equipment, in the face of a strong background or investment institutions to support private medical institutions in medical equipment, not to lose to public medical institutions, but the shortage of the most central doctors is not only "take money" can be resolved.

Faced with doctors practicing more or starting a group of doctors, it has become a major focus of non-public medical talents and can quickly meet the needs of professional medical talents.

For example, Hebei Yanda Hospital has now introduced a network of two academician workstations, four doctors' groups, four doctors' teams, and more than 150 part-time experts to meet the needs of local high-end medical resources and quality medical resources.

Guo Long, secretary of the Party Committee of Yinchuan Guolong Hospital and director of Ningxia Guolong Medical Development Co., Ltd., spoke on the issue of non-public talents: "To carry out strategic internal training, the success of any team is the success of our common values. Absolutely Not because of the high paying talents introduced."

And the construction of doctors' group must be clear about their goals. The core value of the hospital is the technology represented by doctors. It is necessary to create a relaxed working environment for doctors. At the same time, patients have adopted scientific management methods.

All in all, medical industry investment, that is, based on capital investment, professional post-investment services as an extension, including providing clinical, sales, operations, registration, talent, financing, brand and other professional services.

Therefore, investors in the new situation should have a deep understanding of the medical industry, be able to understand and judge the latest technology, be familiar with financial and capital operations, integrate international and domestic resources, and grasp the timing and trend of investment when the project falls. At the same time, it is very important to build an ecosystem. Only by opening the medical closed loop can all projects become stronger.

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