Zhengzhou University First Affiliated Hospital, which earns 21.8 billion dollars a year! Is this still a hospital for the people?

The First Affiliated Hospital of Zhengzhou University's total revenue reached 21.8 billion in 2021, with an operating income comparable to that of the country's top 500 companies. But the hospital through the total revenue on the crusade, obviously is very unfair thing. Although the operating income is very high but the hospital's economic situation is not as good as imagined, Zhengzhou University First Affiliated Hospital is still the people's hospital, or civilian hospital.

The hospital's revenue. The main income of the First Affiliated Hospital of Zhengzhou University includes not only the expenses generated by the hospital itself, but also parking lots, kiosks, restaurants, scientific research outputs, technology transfer fees, and other related ancillary projects. The hospital is already the largest hospital in Henan, with over 10,000 beds and employees. Because of its huge scale, coupled with the high population base of Henan, the number of consultations per day is also very impressive, so it is not surprising that the annual income is so high. So from another point of view, consider that for such a huge hospital, the hospital's management and operation are more successful.

Problems of the hospital. The main problems that the hospital is currently facing are too much scale, too high a cost outlay, and an exodus of talent. Although the hospital's annual income reached more than 20 billion yuan, but does not break even, still on the verge of losses, the annual balance is almost negative, if not the financial subsidies of public hospitals, the hospital's economic situation is still struggling. With the process of marketization, hospitals need to face competition from all sides to be invincible. The First Affiliated Hospital of Zhengzhou University has taken the route of expanding its scale, establishing branches and annexing other hospitals. This model will obviously improve its income, but the hospital's technical ability to improve the speed of the slow, the hospital's management costs increased substantially, the number of hospital employees increased substantially. In addition to controlling costs at the same time there is a risk of brain drain, the income of doctors with considerable ability to reduce the hospital's technical capabilities will naturally decline. This is another core issue facing hospitals today.