Another hospital has declared bankruptcy!
Recently, the National Enterprise Bankruptcy and Reorganization Case Information Network released a "Ruling on Termination of Reorganization and Declaration of Bankruptcy".
On February 27, the People's Court of Longzihu District, Bengbu City, ruled that Bengbu Jiaotong Hospital (Bengbu Modern Hospital of Integrated Traditional Chinese and Western Medicine) could not pay off its due debts and obviously lacked solvency, and the "Bengbu Traffic Hospital Reorganization Plan (Draft)" was not voted on, and decided to terminate the reorganization procedure of Bengbu Traffic Hospital and declare the hospital bankrupt, effective immediately.
According to its official WeChat, Bengbu Traffic Hospital (Modern Hospital of Integrated Traditional Chinese and Western Medicine) was founded in 1952 and renamed Bengbu Traffic Hospital in 1986, which is a second-level comprehensive hospital integrating medical treatment, prevention, health care and rehabilitation. The hospital has a construction area of nearly 10,000 square meters and more than 120 medium and high-end beds.
The hospital is heading for bankruptcy, and the rupture of the capital chain is the direct cause, which is also a clear signal that most companies are going to decline. The bankruptcy of Bengbu Traffic Hospital is by no means an isolated case, and the recent closure of private hospitals has been frequent, and in the first quarter of 2024 alone, dozens of private hospitals have been officially declared bankrupt and liquidated......
Debt over 1 billion!
A number of hospitals went bankrupt and closed down...
On March 14, the People's Court of Xiqiao District, Shijiazhuang City, issued a document stating that the bankruptcy liquidation case of Shenglujia Obstetrics and Gynecology Specialized Hospital was successfully concluded recently.
It is reported that this hospital was established in 2014, focusing on obstetrics and gynecology and reproduction, with a registered capital of 100 million yuan. The hospital covers an area of 100 acres, with a construction area of 56,800 square meters, a total investment of 590 million yuan and 500 beds.
However, such a large-scale and advanced high-end hospital has defaulted on foreign debts of more than 330 million yuan during its operation, some of the debts have entered the court enforcement procedure, and some of the property has been seized by creditors, and due to the poor management of the hospital, it is unable to pay the wages of employees and epidemic prevention subsidies amounting to more than 6.67 million yuan. In the end, I still had no choice but to embark on the difficult road of bankruptcy liquidation.
In addition, according to the National Enterprise Bankruptcy and Reorganization Case Information Network and local courts, dozens of hospitals have gone bankrupt and closed down since the beginning of 2024, and many of them have debts of more than 1 billion yuan......
On January 2, after more than 20 unsuccessful auctions, the bankruptcy liquidation of Nanjing Huashi Jiabao Maternity Hospital Co., Ltd. was accepted;
On January 5, Hangzhou Jiuhe Hospital Co., Ltd. entered the bankruptcy liquidation process;
On January 15, the People's Court of Yingzhou District, Fuyang City, ruled that the Diabetes Hospital of Yingzhou District, Fuyang City was bankrupt and liquidated;
On January 17, Hunan Xunliyuan Stomatological Hospital Group Co., Ltd. went bankrupt and liquidated;
On January 25, Changsha Zhen'an Hospital Co., Ltd. entered the bankruptcy liquidation process;
On February 1, Weihai Great Wall Hospital Co., Ltd. went bankrupt;
On February 4, Shanghai Antai Hospital Co., Ltd. went bankrupt and liquidated;
On February 6, Lixin Orthopaedic Hospital went bankrupt and liquidated;
On February 9, Luxinan Hospital Co., Ltd. went bankrupt and liquidated, and as of September 30, 2023, the total book liabilities of the hospital reached 1.099 billion yuan;
On February 27, Bengbu Traffic Hospital went bankrupt;
On February 28, Chongqing Tongkang Orthopedic Hospital Co., Ltd. went bankrupt and liquidated;
On March 8, Shangrao Hekang Hospital Co., Ltd. went bankrupt and liquidated;
On March 27, Beijing Taihe Obstetrics and Gynecology Hospital Co., Ltd. was officially executed into bankruptcy liquidation;
......
Profit is less than 5%!2024 The wave of bankruptcies continues to spread
In recent years, a large number of private hospitals have generally fallen into difficulties. Yu Xiaobao, vice president of the Private Hospital Management Branch of the Chinese Hospital Association, once said that since the epidemic, more than 2,000 private hospitals have gone bankrupt and closed.
However, in 2023 and even in the first half of 2024, the wave of closures has not stopped, as exemplified by the dozens of hospitals mentioned above.
Liu Yan, a senior medical observer, also pointed out that less than 5 percent of private hospitals are actually profitable, 20 percent are in deep trouble, and more than half are facing huge survival pressure.
Behind the loss, there is a high probability that the hospital's positioning is not clear, there is no characteristic medical service, lack of customers, etc., the living space can only be further squeezed, and it is difficult to have market and capital competitiveness, and it cannot be further developed, or even eliminated, forming a vicious circle.
However, the people's diversified medical needs are still expanding, and the overall market trend of private medical care is still improving. It's just that for most ordinary private hospitals, it is very important to gradually reduce their dependence on profits for basic medical care and basic medical insurance, and to find their own market space and market positioning.
As for how to survive in the future, some industry insiders suggest that a slightly large-scale county hospital, if there is no "big three" around, can concentrate on making the emergency medicine department bigger and stronger, and aim at its own positioning before the scale is further expanded, not to grab patients with larger and more well-known hospitals, but to fight for the speed of first aid and the fluency of upward referral.
Including some high-end consumables, equipment, surgeries and medical services that are difficult to enter the scope of public hospitals' centralized procurement or basic medical insurance payment, as well as consumer medical tracks such as ophthalmology, stomatology, medical beauty, and health care, may be a better choice.
For private hospitals, regardless of the size, the anchor point of creating a "small specialty" with its own characteristics and "doing what public hospitals have no energy to do and what they are not good at doing" cannot be forgotten.
For medical device companies and distributors, in the face of the private medical market entering a reshuffle period and transforming from brutal growth to compliance and high-quality development, it is also necessary to change their strategies in a timely manner and lay out a larger private medical incremental market.
Source丨Medical Device Distributors Alliance