Mount Sinai Health System of New York and Taikang Healthcare of China Launch Strategic Hospital Collaboration
Partnership Will Transform Health Care Delivery at Taikang’s Xianlin Drum Tower Hospital in Nanjing, Jiangsu Province, China
Mount Sinai Health System, New York’s largest integrated academic medical center, announced today a historic agreement with Taikang Healthcare in China to provide clinical and management knowledge transfer services, and education and training programs for Taikang’s Xianlin Drum Tower Hospital in Nanjing, the capital of Jiangsu Province in east central China.
Mount Sinai will also provide guidance in implementing high-quality medical care delivery standards, developing clinical centers of excellence, and establishing best practices in hospital management.
“Our mission is to enable our international partners to raise the standards of healthcare delivery in their communities by leveraging Mount Sinai’s repository of medical knowledge, cutting-edge clinical innovations, and educational resources,” said Arthur Klein, MD, President of Mount Sinai Health Network. “Taikang shares this mission and is committed to improving healthcare outcomes for their patients. Taikang is an ideal partner to for us in China, and we are excited to play an important and critical role in expanding innovative healthcare in this region.”
“Among a vast array of domestic organizations currently involved in hospital development in China, Taikang really stands out,” noted Szabi Dorotovics, MD, President of Mount Sinai International, the division of the Mount Sinai Health System responsible for global collaborations. “Taikang is focused on the health and wellness of the communities it serves and prioritizing access and care excellence first. This is wholly consistent with Mount Sinai’s international goals and we are proud to partner with them to transform care for the patients they serve.”
Dr. Benjamin Liu, Vice President of Taikang Insurance Group and CEO of Taikang Healthcare, a wholly owned subsidiaryof the Taikang Insurance Group which oversees healthcare and senior living community development and operation, noted, “During the last 165 years, Mount Sinai has forged its reputation in the USA as a healthcare pioneer. Taikang Healthcare is, admittedly, a much younger organization, but we also consider ourselves a healthcare and senior living sector‘pioneer’ in the emerging landscape in China. We believe that when two such ‘pioneers’ join forces, we can, together, truly advance transformation of the Chinese healthcare industry.”
About Taikang Insurance Group & Taikang Healthcare
The Taikang Insurance Group owns Taikang Life Insurance, Taikang Assets, Taikang Pension, Taikang Health Investment, Taikang Health, Taikang Online, and other subsidiaries. The Group’s business scope covers a wide range of areas including Life Insurance, Internet Property Insurance, Enterprise Annuities, Asset Management, Medical Pensions, Health Management, and Commercial Real Estate. As of the end of 2017, Taikang’s assets under management exceeded RMB 1.2 trillion . Since its establishment 22 years ago, the Group has serviced a total of 225 million individual customers, and over 340,000 service enterprise customers in China. Taikang has been ranked among the “Top 500 Chinese Enterprises” for 14 consecutive years. In 2018, Taikang Insurance Group ranked No. 489 in the Fortune Global 500 list, with an operating income of US$24.085 billion, marking Taikang's entry into the ranks of the world's largest insurance financial services groups.The Taikang Insurance Group has always adhered to the concepts of “professionalism, market-focus, and standardization”, thereby deepening the life insurance industry’s value chain through 3,900 offline physical networks, online internet platforms, and 700,000 employees and sales professionals across China. Taikang is committed to becoming the world's leading insurance financial services group, making insurance more secure, more convenient, and more affordable, thereby allowing its customers to lead a healthier, longer, and richer life. The Taikang Group has also invested in the operation of Taikang Xianlin Drum Tower Hospital in Nanjing – the provincial capital of Jiangsu Province, the construction of the Taikang Tongji Hospital in Wuhan, Hubei Province, and the launch of the Taikang Southwest Medical Center in Chengdu, Sichuan Province, among the Group’s other efforts to develop a range of medical education and research-integrated medical centers.
About the Mount Sinai Health System
The Mount Sinai Health System is New York City's largest academic medical system, encompassing eight hospitals, a leading medical school, and a vast network of ambulatory practices throughout the greater New York region. Mount Sinai is a national and international source of unrivaled education, translational research and discovery, and collaborative clinical leadership ensuring that we deliver the highest quality care—from prevention to treatment of the most serious and complex human diseases. The Health System includes more than 7,200 physicians and features a robust and continually expanding network of multispecialty services, including more than 400 ambulatory practice locations throughout the five boroughs of New York City, Westchester, and Long Island. The Mount Sinai Hospital is ranked No. 14 on U.S. News & World Report's "Honor Roll" of the Top 20 Best Hospitals in the country and the Icahn School of Medicine as one of the Top 20 Best Medical Schools in country. Mount Sinai Health System hospitals are consistently ranked regionally by specialty and our physicians in the top 1% of all physicians nationally by U.S. News & World Report.