For the next week I will be away on holiday, but in my absence wanted to share some recent work that should be of interest to readers of AsiaHealthcareBlog. We have some exciting plans in store for the platform which we are eager to share with our reading community. Look for content expansion and new [...]
Yesterday, Health Affairs published a new research paper discussing how China’s central government should guide the development of the country’s senior care infrastructure. The result of analysis by four Chinese researchers, Zhanlian Feng a Research Analyst at the Aging, Disability, and Long-Term Care Program at RTI International, Chang Liu a doctoral candidate in the Department [...]
Last week, China Daily published a story profiling the chronic shortage of skilled nurses for the country’s elderly. They noted, “China is lacking millions of nursing home employees to care for the country’s growing elderly population … many avoid the profession because of the heavy workload, low pay and social stigma attached to it.” Estimates [...]
If the senior care industry in China is going to develop beyond a niche solution for the ultra-wealthy, it will be necessary for the country’s insurance companies to successfully go to market with long term care insurance (LTC) products that provide adequate coverage as well as the financial justification for the sort of senior care [...]
Recently I wrote on the topic of how market entry strategies for senior care operators in China continues to adjust to lessons learned. Specifically, I argued that timing was critical because Chinese competitors were closely watching the space, saw the opportunity very clearly, and were developing their own solutions. If this is correct, then it [...]
Building on my recent post, I had the good fortune to spend time speaking with Tom Hill, the Managing Director of Direct Supply’s Asia Pacific division. For those unfamiliar with Direct Supply, they provide equipment and furnishings for American (and now Chinese) senior care operators, along with a suite of additional value-added solutions such as [...]
It is largely believed that among the many challenges the senior care industry will face as it enters China, obtaining capital will not be one, particularly once a handful of viable pilot projects emerge. Of the set of North American operators that have already entered China, Emeritus has already been able to bring in domestic [...]
Recently Mei Tong, Joe Christian and I were in Beijing together and had the opportunity to tour Jiuhua Group’s new development. I think it would be fair to say that we all left scratching our heads, asking, “what exactly are we looking at?” For those with China experience, at some level what we saw when [...]