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 [...]
I chaired Day One of the two-day Retirement Communities World Asia 2012 conference, organized by Terrapinn, in Hong Kong on October 17 – 18. What follows is a summary of the major take-aways from the first day of the conference. My friend and colleague, Ben Shobert, will sum up the second day of the conference, [...]
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 [...]
One of the areas I want to push on here at AHCB is what defines the best fit between western senior care operators and their Chinese partners. If done properly, the coupling off brings together the top-level strategy both sides are eager to commercialize (the massive aging boom in China) with the operational tactics necessary [...]
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 [...]
Because the purpose of this particular column is to explore market entry strategies for western senior care operators along with some of the difficulties they are experiencing thus far in China, it is important to preface what follows with this: I remain very bullish on this sector, and on the role western senior care companies [...]
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 [...]