In 2010, Sanbo Brain Hospital was incorporated into the research and teaching system of key institutions of higher learning and became the 11th Clinical Medical College of Capital Medical University, after which Sanbo Brain began to explore the new model of "college-type private hospital".
In 2014, "Wuhan University Asian Heart Clinical College" was established, Wuhan Asian Heart Hospital continued to move towards the goal of "cardiovascular medicine, teaching and research medical center".
"They take the development model of public hospitals, hoping to drive the strength of the hospital through scientific research." Wang Zewei, investment manager of Huagai Capital, told the health sector. After cooperation with public universities, private hospitals to take the road of public hospitals work? Can private hospitals use this to solve the problem of talent short board? The health sector interviewed a number of industry insiders.
Many private hospitals and public universities "climbing relatives"
Previously, public universities affiliated with the medical institutions have been public hospitals. Until 2005, Dongguan Donghua Hospital, in cooperation with Sun Yat-sen University to become an affiliated hospital, with a doctorate, master's degree training points and national key specialties. Wenzhou Kangning Hospital followed suit and was categorized as an affiliated hospital of Wenzhou Medical University.
In 2007, Nanjing Medical University set up its fourth school of clinical medicine, and at the same time absorbed three non-public hospitals as affiliated hospitals, with the dean of each affiliated hospital serving as vice president of the school of clinical medicine. The university gave these hospitals a certain amount of school staffing, encouraging them to use their school staffing to attract high-level talent; the three non-public hospitals became affiliated hospitals, and then undertook the corresponding teaching and training of talent, such as clinical theory courses and elective courses, apprenticeships and internships, postgraduate training, scientific research projects, discipline construction, and so on.
After the strength of a number of private hospitals continues to grow, more and more colleges and universities are willing to choose their own conditions are better, with advanced technology and first-class equipment as an affiliated hospital, where medical students can take the lead in contact with domestic and even foreign leading medical resources.
The health sector checked the list of "Top 100 Non-Public Hospitals in 2018" released by Allergan, and found that the top 20 hospitals are university teaching hospitals, and among the remaining ones, some hospitals told the health sector that they are looking for opportunities to cooperate with universities.
Searching for a research "pass"
Why are private hospitals keen to cooperate with public universities?
"It's actually for a gold medal." Senior hospital operations management career dean Guo Jun gave this answer. In his view, private hospitals to help public universities to train students, public universities for private hospitals to give a platform to declare a major national issues such as scientific research on the pass, get the pass to private hospitals can be in the scientific research on the "skyrocketing".
In public hospitals, doctors can apply for research funding, do experiments, and continue their education in specialized fields. The possibility of private hospitals applying for national research funding is very low. According to the current physician assessment system, if there is no high-quality projects and papers to support, the doctor's title promotion opportunities are slim, but also interrupt the path of personal career development.
"Previously, we have not been able to get support from the Ministry of Science and Technology of China, Beijing Science and Technology Commission and other departments for some major topics." Luan Guoming, one of the founders of Sanbo Brain, and dean of the 11th Clinical Medical School of Capital Medical University, told Healthworld that it wasn't until it actually became a hospital directly affiliated with Capital Medical University, where all scientific research was relegated, that Sanbo Brain was able to apply for research projects from the state in a legitimate way. "Under the special mechanism, relying on the university, we had the hope of doing research." Luan said.
Recognized and supported by top medical schools, the Sanbo Brain Institute is no longer limited in the height of its academic development, and is guaranteed in research projects, declaration of funds, and evaluation of doctors' titles. At the same time, the teaching and scientific research platform of Sanbo Brain Clinic is built on Capital Medical University, which is basically comparable to public hospitals. In addition to the first-class medical platform, doctors also have the first-class teaching and scientific research platform to expand their academic influence. These soft power can train talents, naturally attracted a lot of top experts to join.
Simply put, private hospitals can get this pass to attract and train more top experts for themselves, thus attracting patients.
Build a talent supply and training system
It is also this pass that makes it easier for them to knock on investors' doors.
Sanbao Brain Tech not long ago completed more than 800 million yuan of Series B equity financing, one of the largest deals in the healthcare services industry in recent years. This round of financing was led by Taikang and followed by a number of organizations, including Ekai Future Industry Fund, Guangfa Xinde, Hong Ding Investment, Park Road Medical, Binghong Capital and Park Hong Capital. Luan told the health sector, in addition to the strength of the hospital and other reasons, investors also looked at the Sanbo Brain Tech "college hospital" development model, "because this model has better prospects for sustainable development."
"Private hospitals like SMBC are very popular with capital, and they are completely free to choose their investment institutions when financing." Wang Zewei told the health sector, private hospitals that can become degree-granting sites, proving that they have a certain strength in academic research, and scientific research strength will also be able to retain the big experts, "a hospital with big experts, how can there be no patients? Their income is going to continue to rise."
Since 2005, when it applied to become a master's and doctoral program of Capital Medical University, Sanbo Brain has trained more than two hundred people in master's, doctoral, and postdoctoral programs, and nearly 40 of them stayed in Sanbo after graduation, while the others are scattered in public hospitals, such as Beijing Children's Hospital of Capital Medical University and Xuanwu Hospital of Capital Medical University. Luan admits that with the teaching and research platform provided by Capital Medical University, Sanbo has built a complete and benign sustainable talent supply system.
Like Sanbo Brain, Wuhan Asian Heart Hospital, etc. will position themselves as research hospitals, willing to make a difference in scientific research, rather than focusing on the immediate interests, will be more inclined to become a hospital affiliated with a public university at the outset, so as to retain the excellent talent resources. And like Aier Ophthalmology, He's Eye, Tongze Medical, etc., after their own bigger and stronger, but also in the exploration of cooperation with the medical school to run a medical school or independent way to run a school, from the source of their own doctors to build their own troops belong to their own "Whampoa Military School".
June 5, Jinan University and Aier Ophthalmology reached a strategic cooperation, including *** build three core regional hospitals in the Greater Bay Area: "Jinan University Affiliated Guangzhou Aier Ophthalmology Hospital" "Jinan University Affiliated Shenzhen Aier Ophthalmology Hospital" "Dongguan Aier Eye Hospital affiliated with Jinan University", and start to establish "Jinan University Aier College of Optometry".
Aier Ophthalmology, as one of the earliest stocks to land on the Growth Enterprise Market, since the end of October 2009 to 2020, the market value of up to 30 times. The core of Aier Ophthalmology's main business is technology and equipment, as long as the medical process is simple, standardized and specialized, it is highly replicable.
According to Wang Zewei's analysis, SMBC and Aier Ophthalmology are two completely different development modes: SMBC does projects with high risk coefficients that public hospitals don't want to do, and encourages doctors to challenge difficult surgeries through the market mechanism with high salaries; Aier Ophthalmology does projects that make the most money and public hospitals don't have the authority to do, such as some high-end surgeries.
Before cooperating with public universities, Aier Ophthalmology's original "medical partner program" is an important asset to attract talent. After the new hospital reaches a certain level of profitability, Aier Ophthalmology acquires the equity of the hospital held by the partners at a fair price by issuing shares, paying cash or a combination of both. This is equivalent to the doctors as shareholders to invest in the hospital, and finally collect the return on investment, and get the incentive of targeted targeting. It is understood that Aier Ophthalmology's "physician partner" program has been more than five years, the first period of return on investment data show that: the doctor's return on income and join Aier Ophthalmology before an average of more than 3 times, up to 14 times.
On the other hand, many industry insiders believe that Aier Ophthalmology's doctor-partner program must meet the following four conditions: first, asset-light, the input cost will not be too high; second, standardization, easy to valuation; third, the scale of the realization of the commercial value; fourth, there is a channel of realization, listed or quasi-listed companies are more likely to do. If you don't have it, you're more likely to fail.
Compared with the "dominant" public hospitals, there are new technologies, new equipment, flexible services, these "public hospital model" of private hospitals, what else is missing? In the words of senior medical investor Lin Baobao, may be the lack of a mature talent training system, academic status and brand history.
Overall, private hospitals want to crack the "talent drought", improve the comprehensive level of medical and management is the hardest truth. With the strength and reputation, the talent snowball will be in the favorable prospects for the larger and larger.