US Hospital Continue to Explore Ways to Work With China
Across the United States, hospital executives are eagerly seeking out ways they can tap into the lucrative China market. As we shared in late 2011, the prestigious Wharton Business School published an article visitor medical insurance which suggests that the opportunity for western expansion into the Chinese hospital market may finally be opening; however, the shifting sands that constitute China’s healthcare policies – which sectors the government is most concerned in, those it most needs outside help for, and yet others where it is reluctant to accept outside help in the form of private operators – still constitute large and unknown questions. As the Chinese government works through its positions on these important questions, there are opportunities in China’s hospitals that forward-thinking American institutions can tap into today. The most lucrative one may be the opportunity to offer US-based training to Chinese hospitals desperately in need of the expertise American institutions have to offer. While this may seem a long way from the opportunity to manage a Chinese hospital, an idea that has been making the rounds within American hospital systems, it is an important first step towards building the relationship and know-how that will allow a US hospital to ultimately move very efficiently into broader opportunities within China’s hospital system.
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US Hospital Continue to Explore Ways to Work With China