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China Health Care Corporation

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China Health Care Corporation
Company typePrivate
Founded2005
FounderCharles A. Elcan, Thomas F. Frist, Jr.
Headquarters,
Key people
Charles A. Elcan (President)

The China Health Care Corporation is a healthcare company based in Hong Kong, China.

History

The China Health Care Corporation was co-founded in 2005 by American business executive Charles A. Elcan and his father-in-law, Thomas F. Frist, Jr..[1][2] Elcan serves as its President.[3]

It opened its first hospital in Cixi City in partnership with the local Chinese government in January 2014.[2][3] It was "the first-ever joint venture between Chinese government and a private hospital company."[2] The hospital has 500 beds for patients.[4] The local government owns 30%.[2]

References

  1. ^ "China Health Care Corp". MarketWatch. Retrieved January 11, 2016.
  2. ^ a b c d DuBois, Shelley (January 19, 2014). "Chinaco, Nashville hospital company's Chinese venture, has historic significance". The Tennessean. Retrieved January 11, 2016.
  3. ^ a b Deng, Linda; Hongyi, Wang (December 19, 2014). "Investor 'pill' for China's healthcare reform". China Daily. Retrieved January 11, 2016.
  4. ^ Harney, Alexandra; Jourdan, Adam (October 6, 2014). "Dearth of doctors drags on China private healthcare drive". Reuters. Retrieved January 11, 2016.