Statistics from Beijing-headquartered think tank iyiou.com revealed that by last September, there were a total of 20,011 private hosp

itals in China, accounting for nearly half of the country’s medical institutions. According to Hao Deming, exec

utive vice-president and secretary-general of the Chinese Nongovernment Medical Institutions Association, starting from

2013, the number of China’s private hospitals has grown at an annual rate of 15 percent.

Capital also favors private hospitals. “The number of private hospitals in China accounts f

or half of the total, and is growing at a much higher rate than the number of public hospitals. The invest

ment from the capital market into the sector is an unprecedented blockbuster expansion,” said Xia Xia

oyan, a partner and managing director of Boston Consulting Group, during an interview with pppod.net.

The report from BCG showed that since 2012, investment in medical in

stitutions has grown at a compound annual growth rate of 80 percent, realizing a fiftyfold incr

ease from 2012 to 2018. Between 2015 and 2016 a record number of deals took place.

From the beginning of 2017 to May 2018, China’s private healthcare institutions had attracted roughly 11 billion yuan of inve

stment, and each deal surpassed 200 million yuan, according to the report issued by iyiou.com.

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