Text/ Zhao Tianyu Yang Shanglu
Editor / Wang Xiao
Photo/pixabay
On January 13, 2022, the Xi'an Municipal Health Commission issued a notice to deal with two hospitals that delayed the rescue and diagnosis and treatment of critically ill patients during the epidemic.
The two hospitals involved are Xi'an High-tech Hospital and Xi'an International Medical Center Hospital, both of which are International Medicine (000516. SZ) subsidiary.
During the epidemic in Xi'an, a maternal abortion incident occurred in Xi'an High-tech Hospital, which attracted widespread attention. At the entrance of this hospital, the pregnant woman in urgent need of treatment could not be admitted to the hospital because she did not have a 48-hour nucleic acid test certificate, and miscarried after more than two hours; another online post said that the elderly had angina pectoris and were rejected and eventually died, involving Xi'an High-tech International Medical Center Hospital.
According to relevant regulations, during the epidemic in Xi'an, medical personnel must hold nucleic acid test certificates.
The handling opinion of the Xi'an Municipal Health Commission is that the above two hospitals will be closed for 3 months from now on, and after the expiration of the rectification and reform, they will reopen.
Photo/ International Medical Evening Bulletin Source/Tide News
On the evening of January 13, International Medicine disclosed that the above matters triggered the corresponding situation of "the stock of listed companies was implemented other risk warnings", the company's stock was suspended for one day from the opening of the market on January 14, 2022, and trading resumed on January 17, and the stock abbreviation was changed from "International Medicine" to "ST National Medicine", and the daily increase or decrease was limited to 5%.
In response to the "refusal of pregnant women to be treated", on January 6, Xi'an High-tech Hospital has been punished, general manager Fan Yu will be suspended, the relevant responsible persons of the outpatient department and medical department will be dismissed; Li Qiang, deputy secretary and director of the general party branch of xi'an emergency center, and Liu Shunzhi, director of xi'an municipal health commission, will give warning punishment within the party.
Affected by this, the international medical stock price fell for several days, as of the close of january 13, international medicine fell to a halt, the stock price was reported at 8.37 yuan, the total market value of about 19.05 billion yuan, compared with the beginning of this year has shrunk by 6 billion yuan.
Remedial measures after the closure of two hospitals
Xi'an High-tech Hospital, which was required to close for 3 months, is one of the designated hospitals in the Xi'an epidemic, responsible for the medical treatment of yellow code personnel, mainly receiving maternal delivery, gastrointestinal bleeding, aortic dissection and cardiac emergency surgery.
After Xi'an High-tech Hospital and Xi'an International Medical Center Hospital are suddenly required to close down, there will be a big gap in the daily medical treatment of the high-tech zone where they are located.
To this end, the Office of the Xi'an Epidemic Prevention and Control Headquarters has arranged a work plan to ensure that the masses can seek medical treatment normally.
Specifically, after the closure of the two hospitals, patients who have been admitted to the hospital and meet the discharge criteria can be discharged as soon as possible; patients with acute and critical illness can be appropriately postponed; and if it is really necessary to continue long-term hospitalization, under the premise of ensuring the safety of patients, they will be transferred to other hospitals for treatment.
The office of the Xi'an Epidemic Prevention and Control Headquarters requires that special patients such as infants, pregnant women, hemodialysis, and tumors who have been fixed in these two hospitals for a long time be thoroughly explored, and patients should be explained and reasonably diverted to other hospitals for treatment.
In addition, Xi'an Has also designated 9 municipal tertiary hospitals to support 9 community health service centers in the high-tech zone; the Xi'an emergency center has arranged 10 emergency vehicle teams in the high-tech zone to be responsible for the emergency work of critically ill patients in the high-tech zone.
The two hospitals that were suspended are the main sources of performance for listed companies
Xi'an High-tech Hospital and Xi'an International Medical Center Hospital are the main subsidiaries of International Medicine and constitute the main source of performance of International Medicine, with high-tech hospitals contributing nearly half of their revenue in 2020, while international medical center hospitals account for about 45% of revenue.
On the evening of January 13, International Medical disclosed that the two hospitals were closed for 3 months for rectification, which is expected to have a significant impact on the company's 2022 annual operating results.
From the past performance, we can see the status of the two hospitals in Xi'an. In 2020, the number of people who came to Xi'an High-tech Hospital to see an outpatient clinic exceeded 4,000 people a day, and the number of people who came to the hospital every day exceeded 1,000. That year, the clinic received more than 900,000 people throughout the year and discharged more than 30,000 people a year.
In 2020, the revenue of high-tech hospitals was 799 million yuan, and the net profit was 60.6681 million yuan, down 48.23% from the previous year.
Founded in 2002, Gaoxin Hospital is the first tertiary first-class general hospital approved by social capital in China. And the hospital is still under construction, with the new integrated medical building officially opened in 2020.
The hospital also sent 61 medical staff during the epidemic in 2020 to Wuhan, Hubei Province, with the medical team, to the West Branch of Wuhan Union Hospital, Wuhan Optics Valley Cabin Hospital, Wuhan Eighth Hospital and Tongji Hospital Sino-French New City Branch to support the fight against the epidemic.
Another hospital that was closed for three months, Xi'an International Medical Center Hospital, received more than 300,000 outpatient emergency department visits and hospitalized more than 30,000 people in 2020. In 2020, the hospital's revenue exceeded 700 million yuan and net profit was 52.7956 million yuan, an average increase over the previous year.
On January 5, when the International Medical Center Hospital was still operating as usual, pregnant woman Wang Li went to this hospital for obstetric examination and saw that the hospital was running normally, and many pregnant women were doing examinations. "My husband said that the situation outside is grim, do not let go to the hospital, afraid to come back to become a red code, said that in case it is very troublesome." After coming to the hospital, I realized that we thought too much, the examination or the examination, more than usual people. She told the "Finance and Economics Health" reporter.
The past and present lives of the listed company involved
These two powerful hospitals are included in the umbrella of international medicine, a listed company, and are inseparable from Liu Jianshen, a low-key capital predator in Shaanxi.
Liu Jianshen has a long history with Xi'an's high-tech zone. In the 1980s, Liu Jianshen founded the "Ancient City Health Care Experimental Research Institute", followed by the establishment of Xi'an Fitness and Health Products Factory in December 1989, and in October 1991, Xi'an Yizhi Liu Pharmaceutical Co., Ltd., which he founded, was formally established, becoming the first enterprise in the high-tech zone to enter the zone. On December 31, 1992, Xi'an Yizhi Liu Pharmaceutical Co., Ltd. was officially put into production, becoming the first enterprise in the high-tech zone to be put into production.
A year later, "Shaanxi Liberation A" went public, the first listed company in Shaanxi Province and the predecessor of international medicine in 1993. At that time, the enterprise was not engaged in the medical industry, department store retail was its main business, and it was a state-owned enterprise at that time, the largest shareholder was the Xi'an State-owned Assets Management Bureau, and the actual controller was the Xi'an State-owned Assets Management Bureau. Xi'an locals are very familiar with the "Xi'an Liberation Department Store", later renamed Kaiyuan Mall, is this company.
After 2000, the retail-based listed company began to gradually associate with the medical industry. At this time, Liu Jianshen also continued to expand his territory in the medical field, and he successively founded Xi'an Tianjian Hospital, Xi'an High-tech Hospital, and Xi'an International Medical Center Hospital.
In May 2002, Xi'an Hi-Tech Hospital Co., Ltd. (the main company of Xi'an Hi-Tech Hospital) became the second largest shareholder of the listed company, and then in December of the following year, it acquired 5.57% of the equity, holding a total of 23.11% of the total share capital of the listed company, becoming the controlling shareholder. In 2009, Xi'an High-tech Hospital Co., Ltd. changed its name to Shaanxi Century New Dollar Commercial Management Co., Ltd. and is still the controlling shareholder.
With the retail industry being violently impacted by e-commerce, in 2011, the listed company began to transform and acquired Xi'an High-tech Hospital Co., Ltd., which became the main business of medical services and department store retail.
By 2018, the listed company had changed its name to today's "International Medicine", and the company completely spun off the department store retail business, and sold more than 3 billion yuan in assets to Yintai Department Store Co., Ltd., the latter's controlling shareholder, Alibaba.
After waving goodbye to the department store retail business, International Medicine has finally achieved business transformation, and its main business has become a big health medical service.
So far, the actual controller of international medicine is still Liu Jianshen, who is also a deputy to the 10th and 11th National People's Congress and the vice president of the Shaanxi Provincial Chamber of Commerce.
Refusal of medical treatment during the epidemic is not an isolated case, but severe punishment is rare
Since the new crown epidemic has been more than two years ago, in order to prevent nosocomial infection, many hospitals have refused to treat, delayed treatment and other issues, Xi'an is not an isolated case.
According to the incomplete statistics of "Finance and Economics Great Health" according to public information, there has not been a severe punishment of suspension of diagnosis for several months before.
On January 21, 2021, there were media reports that the Cancer Hospital of the Chinese Academy of Medical Sciences in Beijing refused to admit patients from low-risk areas in Jilin Province only because of the confirmed cases in their neighboring areas. Two days later, at the press conference on epidemic prevention and control in Beijing, Li Ang, deputy director of the Beijing Municipal Health Commission, said in an interview with reporters that there are individual medical institutions that have refused to diagnose patients from medium- and high-risk areas, and the responsible persons of the relevant district health commissions have been interviewed, asking medical institutions to make immediate changes to the existing problems and prevent the recurrence of the problem of refusal of diagnosis.
At that time, there was 1 high-risk area in Beijing, namely Ronghui Community in Tiangongyuan Street, Daxing District; the 3 medium-risk areas were all located in Shunyi District, not in Chaoyang District, where the hospital involved was located.
During the epidemic period, many places have learned experience, and at the press conference related to epidemic prevention and control, it will be emphasized that hospitals cannot refuse treatment to ensure the normal medical treatment of patients.
On August 14, 2020, at the press conference on the prevention and control of the new crown epidemic in Urumqi, Zhang Wei, director of the Urumqi Municipal Health Commission, said that the city has specially identified 28 designated hospitals for the treatment of acute and critically ill patients, and implemented the first diagnosis responsibility system to achieve seamless integration and joint prevention and treatment. At the same time, a traceable healthcare contact number was announced, and patient complaints will be handled in accordance with the relevant regulations.
On January 13, 2022, Xi'an City once again stressed that all medical institutions should further optimize the diagnosis and treatment process for diverting patients in the high-tech zone, do a good job in undertaking preparations, and coordinate and arrange beds in the ward, especially key departments such as hemodialysis, obstetrics and oncology, to retain certain beds and sufficient medical personnel to ensure medical safety in the hospital. The Xi'an emergency center should be familiar with the distribution of roads and communities in the jurisdiction in advance, and the temporary emergency stations should be docked with the hospitals in advance to ensure that patients can be connected and sent in. Preparations must be in place by 12 January.
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