My Fintech Empire

Chapter 1437 [Free medical consultation, approved! ]

"Data shows that in 2018, the total number of visits to all medical and health institutions under Qunxing Medical Group reached 4.72 billion, an increase of +12.53% year-on-year. The growth rate fell below 20% for the first time, which can be said to be a sharp decline."

The general manager of Qunxing Medical Group reported the last data.

The surge in the number of visits is because Qunxing Medical Group has been in a state of rapid expansion in recent years. The sharp decline in growth rate is a very good signal. For those medical institutions that aim to make profits, they naturally want to see as many visits as possible, but Fang Hong doesn't want this to happen.

Because Qunxing Medical Group is not for profit, the fewer the number of visits, the better.

At the end, as the general manager of the medical group finished his report, Fang Hong nodded with satisfaction and said with a smile: "In general, all data indicators are very good, especially in the field of medical equipment. After our development over the years, we have supported a large number of domestic medical equipment companies, which has provided great help for hospitals to reduce overall operating costs."

According to the internal big data information of Qunxing Medical Group, the medical expenses of ordinary people who see a doctor in its hospitals have decreased by -15% year-on-year, which is created when the number of visits has increased by more than 12.5 percentage points.

The total number of people who see a doctor has increased by 525 million person-times, but the overall cost expenditure is visibly decreasing. A very important reason is that the comprehensive operating cost of Qunxing Medical Group is continuing to decline, especially after the scale effect.

For example, the expenditure on medical equipment, the large-scale application of domestic medical equipment, just this point cuts off the rebates in the middle link, which has saved a quite astonishing amount of money, and domestic medical equipment is cheaper than foreign equipment, and some have better performance than foreign equipment.

In the past, all domestic CT machines were imported, especially high-end CT equipment, which was basically monopolized by foreign brands. But now more than 80% of the CT equipment under Qunxing Medical Group is domestic, and a heavyweight enterprise, United Imaging Medical, was born. The company was listed on the SGX last year.

With such a large scale, a large number of domestic medical equipment have a market, can recover the R\u0026D costs, and have gradually developed. In the early stage, domestic equipment is more expensive than foreign brands, because foreign brands want to defeat domestic brands to achieve the purpose of monopoly.

But as long as the indicators of domestic equipment are qualified, Qunxing Medical Group would rather spend more money than buy foreign brands, and the purpose is to rely on the huge market scale to support domestic brands.

The decline in the operating costs of Qunxing Medical Group means that the cost of seeing a doctor for the people will also decline, because Qunxing Medical Group only seeks to balance income and expenditure, not to seek additional profits.

Fang Hong fully affirmed and praised the work of Qunxing Medical Group in the video conference, but these are not the main points. The real purpose of his hosting this video conference is for the "mask incident", but he can't speak clearly to anyone about this matter.

So we have to find a suitable entry point to start.

At the end, Fang Hong looked around at the participants and said: "The results are very good, but the future situation is not optimistic. The trend of population aging is obvious. These will be under pressure in the future, so we have to further optimize the cost problem of Qunxing Medical Group. It is necessary to introduce new quality productivity."

Everyone was curious and guessed the so-called new quality productivity claimed by the big boss.

Fang Hong continued: "The parent company has decided to let Qunxing Medical Group collect and establish a complete set of health big data for the whole people. This will be very helpful in reducing the overall medical costs in the future. The best way to save costs is prevention, that is, less illness."

Hearing this, a senior executive at the meeting immediately said: "This may be a bit difficult..."

The benefits of establishing a complete set of national health big data system are self-evident, and it can provide data consulting services to pharmaceutical companies. Qunxing Medical Group is allowed to make such money. It does not aim to make money from patients.

With such a complete set of national health big data information, pharmaceutical companies and medical device companies are in great need of these valuable data, because with these big data pharmaceutical companies can know which drugs will have a market, and can more comprehensively evaluate the cycle of recovering the cost of developing a drug and how much investment is reasonable.

It was difficult to do it before. Various private hospitals, including some public ones, did not have interoperable data, especially various private hospitals could not share data with others.

But now Qunxing Medical Group already has more than half of the national medical resources, and 30,000 hospitals and various medical and health institutions can open up the internal database in full link.

That's amazing, the data already has is the most complete and authoritative in the country. This is also one of the ways to reflect the cost reduction after the scale is formed, and quantitative changes will also cause qualitative changes.

At this time, Fang Hong smiled and said: "You can hold a national tour free clinic, free clinic, the people will also actively participate, our reputation is also good, and there is no need to hide, just say publicly that the national tour free clinic is to establish national health big data."

"It is for long-term consideration to tell everyone publicly that this is to cope with the pressure of rising medical costs brought by the aging population in the future. Qunxing Medical Group is preparing for a rainy day. Collecting big data on national health will help reduce future medical costs, and the people can also get correct guidance, which is good for both the public and the private."

When the people at the meeting heard what the big boss said, they thought it was a good idea, but the general manager of Qunxing Medical Group immediately said: "If we organize such a national free clinic, the people will definitely participate enthusiastically. I have no doubt about this, but the problem is that the cost will be an astronomical figure."

After all, there are more than 1.4 billion people in the country.

Fang Hong said indifferently: "The amount is definitely an astronomical figure, but our strength is not exaggerated. The budget of 800 billion is the highest. The parent company will pay 500 billion, and the bulk will help you solve it. The remaining 300 billion will be solved by you. Is there any problem?"

After this, the general manager of Qunxing Medical Group was speechless.

Fang Hong added, "This 300 billion gap cannot be passed on to the medical expenses of the people. Can it be solved?"

Hearing this, the general manager of Qunxing Medical Group thought for a moment and said, "The company has 139 billion in book funds, plus 115 billion in special donations from the people... it shouldn't be a big problem."

Then he said affirmatively, "No problem, and I don't think it will take 800 billion. We can put more effort into publicity, mobilize the power of the masses, encourage everyone to actively participate in volunteer activities, and let volunteers do some non-professional work. This will definitely save a lot of expenses."

Fang Hong nodded with satisfaction when he heard this. That's right.

The general manager of Qunxing Medical Group said with a smile: "When the time comes, you must help promote it and encourage the public to participate in the volunteer work of the free clinic."

The big boss is an epic top-tier boss, the absolute soul of Qunxing. His influence is super huge, and his reputation among the people is also very good. He has a very strong appeal. Letting the big boss come out to encourage everyone to participate in volunteer activities is more than a hundred times more useful than him as the general manager.

"Of course." Fang Hong nodded and smiled, and then decided: "The national free clinic is decided. You discuss it in detail and come up with a feasible plan to report to me. It will be implemented in early October in the second half of the year, and strive to complete the overall goal of this mission in the early and middle stages of the second quarter of 2022."

……

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