Government support of hospitals insufficient
October 26, 2015 Category Health, Weekly
The central government is not giving enough money to public hospitals to help with reforms that have cut their revenue significantly, experts say. The Ministry of Finance said this month it had allocated CNY11.1 billion this year to finance the reform of public hospitals. In rural areas, counties received CNY3 million each to overhaul their public hospitals. They have experienced a big drop in revenue as government reforms bar them from marking up the price of prescription drugs. Public hospitals were previously allowed to mark up prescription drugs by up to 15% to supplement their income. Drug sales account for about 40% of the total revenue of public hospitals in China, but the reforms aim to cut that figure to 30% by 2017.
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