Around three o'clock in the afternoon, President Li Yao and Vice President Qu Chang arrived at the Youyou Hotel.
Several people met with President Lu Yuntao of Union Hospital and President Xiao Rui of West China Hospital in the private tea room of the hotel.
After a few greetings, they sat down again.
Li Yao pretended to be joking and asked, "The Dean's Forum will be held on the 7th. Why did you sneak here today? What's your intention?"
Lu Yuntao laughed and said, "It's bustling here. Why don't we come over early to see the excitement?"
Li Yao laughed and said, "Alright, that's great!"
"We're simply taking advantage of Dr. Yu Zhiming's wedding to facilitate some medical exchanges and research. There's nothing to hide, so feel free to read it."
Xiao Rui sighed, "Such a gathering of renowned doctors, and it was just a random event? It's hard to see such a spectacle at a national academic event organized by the competent state department, right?"
"Huashan Hospital's appeal is far greater than it used to be. No one would doubt that it is the leading hospital in the country."
Li Yao said with a smile, "We at Huashan Hospital don't dare to claim the title of the top hospital in the country. You two both know that it's not Huashan Hospital that has great appeal, it's Dr. Yu Zhiming who has great appeal."
"Dr. Yu Zhiming!"
Lu Yuntao repeated it, speaking with envy and jealousy, "It would be great if he was discovered by Union Hospital."
"To put it another way, if he had successfully become a graduate student at the Peking University Medical School, he would have definitely stayed in the capital."
Speaking of Peking University Medical School, Lu Yuntao chuckled again and said, "Nowadays, every time Peking University Medical School is mentioned, people say that they not only missed a medical genius, but also missed the greatest opportunity to develop Peking University Medical School into a first-class medical school."
Li Yao chuckled and said, "So, opportunities are hard to come by. Doctor Yu coming to Huashan is like a huge pie falling on our heads. You guys should stop thinking about it."
He picked up the teacup and took a sip of water, saying, "President Lu, President Xiao, you are both very busy people. You definitely didn't come here early just to watch the fun."
"If you have anything to say, please speak directly."
He went on to say, "We've been a little overly busy these past few days, as I'm sure you all understand."
Lu Yuntao did not answer directly, but slowly picked up the teacup, took a sip, and then gently put the teacup down.
"President Li, the country has lifted restrictions on wholly foreign investment in my country's medical sector. It's conceivable that in the near future, all types of medical institutions, either wholly owned or acquired by foreign capital, will flourish across my country."
Qu Chang said, "No matter how foreign-funded hospitals develop, with our hospital's reputation and strength, there will be no shortage of patients. Dean Lu, are you planning to establish a medical institution similar to our Huashan Second Hospital to compete for middle- and high-income patients?"
Lu Yuntao shook his head and said, "Given the status of Union Hospital in my country's medical community and among the public, it's not appropriate to establish a medical institution specifically serving middle- and high-income patients. We would be cursed to death by the people of the country."
He said with concern, "What I'm most worried about is that our medical experts will be poached by foreign hospitals with high salaries, and we'll become their training base."
"As a public hospital, it is impossible for us to significantly increase the salaries of excellent doctors."
This made Li Yao smile and said, "We do have a solution for this situation, which is to give outstanding doctors an extra salary."
Lu Yuntao asked in confusion, "President Li, what do you mean by giving me an extra salary?"
Li Yao smiled and said, "President Lu, President Xiao, this was originally an important topic at this Presidents' Forum. I can reveal a few things first."
He paused for two seconds before continuing, "The two deans may not be aware that Dr. Yu and the Ning'an Group and Changxu Pharmaceutical behind him have come up with a new medical insurance plan."
"This insurance is mainly aimed at middle- and high-income people, providing them with expert-level medical services."
"This medical insurance plan relies on well-known hospitals across the country to establish a medical network. When patients develop serious illnesses, they will be matched with excellent medical experts across the country for treatment."
Xiao Rui exposed the issue, saying, "To put it bluntly, you're using famous hospitals across the country as a gimmick to attract middle- and high-income people to buy your insurance."
Seeing that Dean Li didn't say anything, Qu Chang explained, "Dean Xiao, this is a win-win situation for both sides."
"From another perspective, we can view this medical insurance plan as a virtual high-end medical institution established by each hospital to serve middle- and high-income patients."
"Because it's not a physical entity and has this medical insurance company backing it up, it won't affect the public reputation of hospitals like Union Hospital and West China Hospital."
"In addition, the medical insurance company will provide a remuneration for outstanding doctors participating. In addition to the remuneration, the participating hospitals and doctors will also exchange information regularly and conduct exchanges and training."
Li Yao took over and said, "As long as the number of middle- and high-income people participating in this medical insurance plan reaches a certain level, the income of outstanding doctors in various hospitals will increase significantly. Coupled with the continuous exchange and training opportunities, it will be much more difficult for them to be poached by foreign hospitals."
"This can also be said to be a collaboration between well-known hospitals across the country to make common progress, develop together, and jointly resist competition from foreign medical institutions."
Lu Yuntao nodded slightly and said, "President Li, Vice President Qu, your medical insurance plan sounds very attractive, and I don't doubt its feasibility."
"But it's not an easy task to take a plan, implement it, and make it a success."
"Insurance doesn't have a very good reputation among the Chinese public, and Ning An and Chang Xu aren't in the insurance business themselves. If they were to implement this plan, it would take ten to eight years for results to show, which I think is fast."
"The problem is that time is of the essence and we need to advance quickly. Our strength alone against Ning An and Chang Xu is too weak."
Li Yao was moved by this. He looked at Lu Yuntao and Xiao Rui and asked thoughtfully, "Actually, you already knew the details of this medical insurance plan?"
Lu Yuntao nodded and shook his head, looking embarrassed and said, "President Li, I only know that there is such a medical insurance plan, but I don't know the specific details. But after hearing what you said, I feel that this insurance plan still has great potential."
After two seconds of silence, he said, "To be honest, we are here to act as lobbyists."
He met Li Yao and Qu Chang's gazes and introduced himself, "There's been some unpleasantness between Huaihai Investment and Dr. Yu Zhiming."
"Huaihai Investment has also realized its mistakes and decided to change its investment strategy to focus on real business."
"The industry they chose was health insurance."
"They currently hold a controlling stake in an insurance company. If Dr. Yu is willing to cooperate, they promise to invest no less than 10 billion yuan annually over the next five years. Importantly, they will only be responsible for investment and will not have operational decision-making power."
"Other cooperation conditions can also be discussed!"
Li Yao waited for Lu Yuntao to finish speaking, then asked in confusion, "President Lu, President Xiao, how did you get involved in this matter?"
Lu Yuntao smiled bitterly and said, "An elder who helped me a lot once came to me, and I couldn't refuse."
Xiao Rui also spoke softly, "To be honest, I'm in a similar situation. I'd like to ask Dean Li and Vice Dean Qu to mediate."
Li Yao pondered for a moment before saying, "I don't know much about the relationship between Huaihai Investment and Dr. Yu. But I do know that the interprovincial closure of Gancaotang thoroughly irritated Dr. Yu."
Qu Chang suddenly asked, "The other party asked you two to come over to negotiate peace. Is their situation not good?"
Lu Yuntao said softly, "From what I've learned, the higher-ups are furious and have set up an investigation team to thoroughly investigate Huaihai Investment."
"They wanted to reconcile with Dr. Yu before the investigation results came out, hoping to get a less severe punishment..."
(End of this chapter)
Continue read on readnovelmtl.com
