Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Private Hospitals Face Trust Crisis, Tax Break Withdrawal

This article was originally published in PharmAsia News

Executive Summary

Private hospitals in China have undergone tremendous development in the past 15 years. According to statistics, the roughly 20 facilities before 1998 have shot up to the current 1,792. However, such hospitals are facing major trust issues and an impending termination of preferential taxation. Survey by the authorities revealed that private hospitals account for more than 80 percent of false advertisements, and only 8 percent of respondents indicated they would choose these facilities for minor ailments. Expiry of three-year preferential taxation means the operations will need to foot 16 taxes, which may eat up to 10.6 percent of revenue. Private hospital administrators exhort the government to reduce or abolish some taxes to help address their difficulty. (Click here for more)
Advertisement
Advertisement
UsernamePublicRestriction

Register

SC065943

Ask The Analyst

Please Note: Click here for more information on the Ask the Analyst service.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel