U.S. Hospitals See Healthy Opportunities in China
(Beijing) — U.S. hospital chains are trying to carve out a slice of China’s growing medical pie, by joining hands with private hospitals on the mainland.
For years mainland patients, dissatisfied with overcrowded facilities and the lack of access to the latest medicines and treatments at home, have headed overseas in search of top-notch health services. But now, the clamor for more care options by China’s rising middle-class is attracting foreign players to Chinese shores.
New Jersey-based Children's Specialized Hospital said it had inked a partnership deal with health care investment firm LIH Investment & Management Co. Ltd. last month to open a rehabilitation center in the southern city of Shenzhen for children with severe injuries or those suffering from mental illness or developmental disorders.