Genesis HealthCare announced Monday that it has agreed to sell a controlling stake of its Chinese subsidiary, GRS-HS, to Riswein Health Industry Investment Co.
The United States is certainly struggling with its long-term care challenges. But compared to many parts of the world, we're practically amateurs.
I recently had the opportunity to speak at the China Healthcare Sourcing Summit in Hangzhou, China. It was a remarkable experience and really helped me gain a wider perspective of healthcare delivery around the world. Access to healthcare, hospitals, doctors, and especially rehabilitation services is a primary concern for the Chinese government.
The theory of improving function in China is overshadowed by the focus on comfort, reducing pain, and providing as much rest as possible. From a cultural standpoint, the family dynamics are very different from our American experiences.
Chinese long-term care growing, lacking oversight and regulation, similar to U.S. decades ago, researchers sayMarch 15, 2011
The growing demand for nursing homes in China has dramatically outpaced the government's ability to provide oversight, leaving that country's long-term care industry in a state similar to that in the U.S. 40 or 50 years ago, according to a new study.
China currently only has 266,200 nursing home beds, which is only 1.59% of China's 167 million senior citizens, according to Dou Yupei, China's vice minister of civil affairs, a Chinese Radio International report said.