China’s private hospitals struggle to attract top physicians

 27-Mar-17, South China Morning Post

China’s health care sector, expected to become a USD1 tn a year business by 2020, has long been favoured by investors.

However, a shortage of quality doctors could hinder the sector’s growth and further dent the country’s drive to reform its overburdened public health-care system.

Image: AP / South China Morning Post

“Large public hospitals are reluctant for doctors to leave their posts as they have spent so much time and resources to cultivate them,” said Li Bin, chief executive of Ally Bridge LB Healthcare Fund, a hedge fund that focuses on investing in Chinese and Asian health care companies.

“For this industry to flourish, the authorities must give doctors more room to operate in places they like,” Li said.

 Read the full article  

 Insights