China Government or China Market - It's Both Rubicon Strategy Group sponsored a Center for Strategic and International Studies (CSIS) report of short essays on China's governance and markets. The report was edited by Scott Kennedy, with contributions from a line-up of true stalwarts, including Chen Ling, Nicholas Consonery, David Hathaway, Jesse Heatley, Jamie Horsley, Roselyn Hsueh, David Kelly, Arthur Kroeber, Dan Markus, Peter Martin, Oliver Melton, Margaret Pearson, Claire Reade, Daniel Rosen, D.D. Wu, and Yan Chunlin. The essays together … [Read more...] about China Government: Forever in Healthcare
Archive: Asia Health Compliance, Law & Regulation, Company Formation Issues
A post published last week over at China Law Blog stopped me in my tracks. Titled "China Joint Ventures: the Tide Is Out," it is required reading for every foreign healthcare and senior care operator in China. As luck would have it, today's healthcare news flash included an announcement that Ramsay Healthcare, the large Australian based hospital operator with grand plans in China, has pulled out of a $135m joint venture (JV) in China.China Health Joint Ventures Are In Trouble, Too As the economy in China slows further, JVs in every … [Read more...] about China Health Joint Ventures Have a Shelf Life
I recently participated in an event in Washington DC where we reviewed what is happening in China's economy (I haven't slept right since - some unsettling realities coming to bear), the country's political reforms (we've definitely lost the plot on what's happening in Beijing, but I'm of the mind that Beijing has too), and China's healthcare reforms (fortunately, this area is - at least as of now - some of the most FDI positive and market friendly than almost any other sector of the economy). More thoughts on the healthcare side of this all … [Read more...] about China hospital investment – 2016 Changes & Trends
In the January notice, six specific standards were mentioned for both urban and rural residents: unified coverage, funding policy, insurance reimbursement scheme, essential drug list and medical services list, administrative system, and management on the medical insurance funding. Private healthcare service providers need to pay attention to these changes as they will continue to shape the reimbursement landscape.Currently, China has three basic medical insurance (BMI) schemes: Urban Employee Basic Medical Insurance Scheme (UEBMI), Urban … [Read more...] about What Should We Know about the Merger of China’s Urban and Rural Resident Basic Medical Insurance Schemes?
On the morning of August 4th 2015, the newest list for public insurance networked hospitals was published by the Beijing Human Resources and Social Security Administration. Surprisingly, Beijing Tsinghua Changgung Hospital was again not on the list. This list was the second such publicized list from Beijing in 2015, and no more updates are expected the balance of 2015. What this means is that Tsinghua Changgung, the biggest new public hospital in northern Beijing, will need even more time than anyone originally planned to attract enough … [Read more...] about What One Chinese Hospital’s Struggles Suggest About China’s Insurance Reforms
"As many Western countries experience widespread austerity, especially when it comes to healthcare spending, an increasing number of healthcare service providers, medical device and pharmaceutical manufacturers are turning toward China as a critical source of future revenue growth. This decision comes at a critical time for China as well: after decades of dramatic under-investment in the country’s public healthcare system, since 2009 the central government has begun to massively increase spending on healthcare services. At the same time, a … [Read more...] about Fortune Favors the Prepared (German Chamber of Commerce in China)