Mayo Clinic-Invested Company to Open General Hospital in Beijing
21-Apr-15, Caixin Online
Amcare Women's and Children's Hospital has become the first foreign-invested medical services institution in China to set up a general hospital, amid growing opportunities in the private hospital business.
%20Caixin%20Online.jpg "Mayo Clinic Invested Company to Open General Hospital in Beijing (c) Caixin Online")
Image: Caixin Online
Amcare Corporation, which is backed by U.S. investment giant Warburg Pincus LLC, entered a partnership with a joint venture company owned by American medical services group Mayo Clinic to set up a hospital in Beijing. The facilities will cater primarily to the emerging middle class, according to Amcare Corporation founder Hu Lan.
Hu said that they decided to open the hospital based on earlier market research that pointed to a growing demand for premium family clinics in China.