China State Council Assesses Healthcare Reform Implementation
This article was originally published in PharmAsia News
Executive Summary
The China State Council Office of Healthcare Reform recently held a meeting to discuss the establishment of the essential drug system and pilot reform for public hospitals, two crucial aspects of the reform. By year end, 30 percent of basic medical institutions will need to lay out their plans for implementing the essential drug system, including production, circulation, pricing, applications, and reimbursement. This will ensure lower prices of essential drugs as well as timely allocation of compensation for medical institutions. Public hospitals will need to explore separating management and administrative roles, as well as attracting private capital investment to develop a diversified medical system. (Click here for more - Chinese Language)