About Chinese Medicine Hospital Project
Business Model
The Government-subsidised patient services is expected to represent around 50% to 65% of the total service volume of The Chinese Medicine Hospital of Hong Kong (CMHHK). The Operator may also offer add-on market-oriented services. Such arrangement can on one hand reflect the Government’s commitment to safeguarding the health of the public and on the other hand facilitate the CMHHK to positively interact with the market.
Financial arrangements for the CMHHK
The Government will finance the construction, provide the necessary furniture and equipment and set up the information technology (IT) systems for the hospital.
Besides, the Government will provide recurrent funding for the Government-subsidised services provided by the CMHHK, as well as approved training and research programmes to ensure that the CMHHK can be developed sustainably and reach the long-term target of promoting the development of CM. Apart from funding from the Government, add-on market-oriented services, training and research projects as well as hospital services-related businesses may also be provided or undertaken, and donations may be accepted as other sources of revenue. Any surplus of the CMHHK is to be ploughed back for the CMHHK’s development and will not be transferred to the Contractor.