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Olympus Capital invests USD40m in China's Tendcare

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18-Sep-15 Olympus Capital Asia is investing USD40 million in healthcare operator Tian Jian Hua Xia Medical Group Holdings (aka Tendcare). Tendcare currently runs five hospitals with over 2,400 beds, four pharmacies, two medical equipment companies and 17 clinics. The company is also set to acquire seven more hospitals. [image: China Money Network]

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China tells patients to go local amid healthcare overhaul

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13-Sep-15 The Chinese State Council said it will push patients to seek medical treatment in their local counties in a bid to overhaul an overburdened healthcare system where wide gaps between urban and rural care often mean people travel hundreds of kilometers to seek help in cities. [image: SMCP]

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State Council instructs on stratified healthcare system

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11-Sep-15 China's State Council has issued a guidance on a hierarchical medical treatment system to direct resources to grassroots health institutions. According to the guideline, a system of hospital tiers with clearly defined roles will be established by 2017. Also, by that time the country should have a greater number of GPs, and standards at local hospitals will have risen. [image: China Daily]

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Shenzhen encourages new TCM hospitals

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10-Sep-15 Shenzhen aims to establish five to eight new Traditional Chinese Medicine (TCM) hospitals by 2020. The clinics will get the same preferential policies regarding drug pricing and hiring employees as other health care providers under a program that health authorities hope will bring quality hospitals and doctors to the city. [image: 39Clinic]

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