About Chinese Medicine Hospital Project

Business Model

The Government-subsidised patient services is expected to represent around 50% to 65% of the total service volume of the Chinese medicine hospital (CMH). The Operator may also offer add-on market-oriented services. Such arrangement can on one hand reflect the Government’s commitment to safeguarding the health of the public and on the other hand facilitate the CMH to positively interact with the market.

Financial arrangements for the CMH

The Government will finance the construction, provide the necessary furniture and equipment and set up the information technology (IT) systems for the hospital.

Government’s commitment for the set up and commissioning of the CMH

Besides, the Government will provide recurrent funding for the Government-subsidised services provided by the CMH, as well as approved training and research programmes to ensure that the CMH can be developed sustainably and reach the long-term target of promoting the development of CM. Apart from funding from the Government, add-on market-oriented services, training and research projects as well as hospital services-related businesses may also be provided or undertaken, and donations may be accepted as other sources of revenue. Any surplus of the CMH is to be ploughed back for the CMH’s development and will not be transferred to the Contractor.

Government’s commitment for the subsidised CM services

Source of funding for the operation of the CMH