COVID and bust: China's private health system hurt by tough coronavirus controls - BusinessWorld Online

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COVID and bust: China's private health system hurt by tough coronavirus controls - BusinessWorld Online
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On March 24, a court in the central Chinese city of Fuyang announced that a $1.5 billion hospital built just four years earlier had filed for bankruptcy because it was unable to pay its debts.

policies has led to deaths, critics say. On March 23, during the recent two-month lockdown of Shanghai, a woman named Zhou Shengni died of an asthma attack after she was refused treatment at the Shanghai East Hospital, which had closed its emergency department due to “epidemic preventionChina has sought to censor unflattering reports from what occurred during Shanghai’s lockdown.

He said “there is still a big discrepancy with the actual needs of the public,” meaning that hospitals are still not able to provide people in the city the services they need.testing in the first five months of this year,could reach 410 billion yuan, according to Huachuang Securities, a Beijing-based brokerage.should be covered by public insurance funds or central government subsidies.

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