Essay about Analyst: Medical Insurance

Submitted By jayzizizi
Words: 6858
Pages: 28
Open Document
INDUSTRY OVERVIEW

We believe that the sources of the information in this section are appropriate sources for such information, and have taken reasonable care in extracting and reproducing such information. We have no reason to believe that such information is false or misleading, or that any fact has been omitted that would render such information false or misleading. Our Directors confirm that, after taking reasonable care, there is no adverse change in the market information that would qualify, contradict or have a material impact on such information since the date of the Frost &
Sullivan Report. The information from official government and non-official sources has not been independently verified by us, the Joint Global Coordinators, the Joint
Sponsors, the Joint Bookrunners, the Joint Managers, any of the Underwriters, any of their respective directors and advisers, or any other persons or parties involved in the
Global Offering, and no representation is given as to its accuracy. Accordingly, the official government and non-official sources contained herein may not be accurate and should not be unduly relied upon.
SOURCE OF INFORMATION
We engaged Frost & Sullivan, a market research consultant, to prepare the industry report for use in this prospectus. Frost & Sullivan, founded in 1961, provides market research on a variety of industries, including healthcare. The information from Frost & Sullivan disclosed in this prospectus is extracted from the Frost & Sullivan Report, a report commissioned by us, and is disclosed with the consent of Frost & Sullivan. In preparing the
Frost & Sullivan Report, Frost & Sullivan collected and reviewed publicly available data such as government-derived information, annual reports, trade and medical journals, industry reports and other available information gathered by not-for-profit organizations. The data collected by Frost & Sullivan was last updated in October 2013 based upon data available up to then. Frost & Sullivan adopts a comprehensive data collection model, which includes primary research with the industry stakeholders, secondary research on the government statistics, and data validation process with industry key opinion leaders. Frost & Sullivan assumes that the interviewees are not intentionally providing wrong or misleading information and the government statistics do not contain errors. Frost & Sullivan also assumes no unexpected events such as wars or disasters occur during the relevant forecasting period. Frost & Sullivan has developed its forecast on the following bases and assumptions:
•

the social, economic and political environments of the PRC will remain stable during the forecast period, which will ensure a sustainable and steady development of the PRC healthcare industry;

•

the PRC healthcare market will grow as expected due to the rising healthcare demand and supply;

•

the PRC government will continue to support the healthcare reform, which encourages private capital investments in the healthcare service industry; and

•

the Beijing healthcare market will grow during the forecast period and will remain the most sophisticated healthcare market in China.
70

INDUSTRY OVERVIEW
We and Frost & Sullivan believe that the basic assumptions used in preparing the Frost &
Sullivan Report, including those used to make future projections, are factual, correct and not misleading. Frost & Sullivan has independently analyzed the information, but the accuracy of the conclusions of its review largely relies on the accuracy of the information collected. We paid Frost & Sullivan a fee of RMB850,000 for preparation and update of its industry report, which is not contingent upon the completion of the Global Offering.
HEALTHCARE SERVICE MARKET OVERVIEW OF CHINA
Healthcare services are the business that provides diagnosis, treatment and prevention of human disease, illness, injury or dysfunction through medical
Show More

Related Documents: Essay about Analyst: Medical Insurance

Persuasive Essay On Being A Medical Collector

Wow oh wow! We have so much to look forward to when we graduate and earn our Medical Billing and Coding certificate! I though at first that being a coder or biller was all this class was about, but was very wrong! Here is a list of all the different jobs that we can pursue at an entry lever position: Medical Office Assistant (Medical Receptionist, Medical Secretary) - This position usually handles the front office staff and administrative duties. Handles a lot of the organization of the office…

Words 648 - Pages 3

How Did Lester B Pearson Change Canada

spreads from ocean to ocean filled with essential resources, financial solidity, and persisting technological advancements, a flourishing country assembled by prominent leaders, Lester B. Pearson being a prime example. Pearson was a Canadian educator, analyst, and politician who obtained the Nobel Peace Prize in 1957 for attempting and resolving the Suez crisis. As the 14th Prime Minister of Canada, " Pearson left Canadians with a legacy of peacekeeping, humanitarianism, and a strong sense of international…

Words 518 - Pages 3

The Risks Of Fat Profits In US Obesity Epidemic

Organization. That number is slated to more than double by 2030. "Diet and exercise aren't effective," said William Plovanic, medical technology equity research analyst at Canaccord Genuity. In fact, given these round numbers, one place to start is medical devices designed to help people lose weight. In a recent report, Canaccord Genuity stated that obesity is the "next big thing in medical devices." The FDA is reviewing and expected to advance new technologies for obesity, since obesity costs to the health-care…

Words 978 - Pages 4

History Of Managed Care

the outlook and cost of health care coverage and services has dramatically changed, forever altering the manner in which health care was previously looked at. Since the early 1980’s fast growing enrollment in managed care health insurance plans has changed the health insurance market in the United States. Managed care was basically nonexistent in most markets 4 decades ago; managed care health plans covered 63 percent of the nation’s employee’s by 1994. Managed care plans incorporate different features…

Words 1536 - Pages 7

healthcare pplicy Essay

people. The main piece of the reform is the obligation for american to hold a health insurance card that was approved . Giving victory to the democratic president almost four months before the election. The highest jurisdiction, of the united states, an organization of small business, four particular and the government, declared that the supreme court will take care of millions of americans without insurance. “The supreme court consideration was requested in five cases and…

Words 1145 - Pages 5

ADA Systems, Inc. BidDoctor.com Proposal Essay

Proposed goal , objectives, target population, and implementation plan Annual Budget Breakdown of Annual Budget Outsourcing and Offshoring PROJECT SUMMARY BidDoctor.com is the answer to individuals who are looking for economical pricing for the medical and dental services most needed today. By giving doctors and dentist the opportunity to bid on services for consumers they otherwise may have never had the opportunity to serve; it offers them an extra stream of income while providing to the customer…

Words 1926 - Pages 8

Essay on Health Economics

the market for medical care services different from the market for a typical good or service. Uncertainty Asymmetric Information Third-Party Payers Government Intervention 2. List 3 effects that moral hazard has on the market for medical care services. Over Consumption Effect Monitoring Effect Shopping Effect Lifestyle Effect Technology Effect 3. List 3 examples of government intervention in the market for medical care services. Government Regulations Finances Medical Care - Medicaid/Medicare…

Words 3017 - Pages 13

The Medical Database Essay

Kashina Fahmy Professor Corea 33780-English 801A 3/27/2014 MEDICAL DATABASE Nurse and Doctor Databases provide evidence-based resources that support both parties streamline workflow and improve patient care. Keeping medical records in an electronic form can save a great deal of space. Instead of storing huge paper files on patients, all records are digital and stored on hard drives and/or in external data centers. This represents a small percentage of the space required to store physical…

Words 756 - Pages 4

Case Analysis Of Wal-Mart

Street analysts characterize this giant as having saturated its market with more than 4,000 stores. Same-store sales have fallen from year to year, and Wal-Mart's share price has dropped from its all-time high of $69, in December 1999, to $45 in October. The need to do something different must have weighed on management, and its solution may prove to be a new disruptive phenomenon. Two years ago, Wal-Mart launched a pilot program of in-store clinics. These facilities provide standard medical treatments…

Words 758 - Pages 4

Essay on The Paradox of the Affordable Care Act

administration endorsed a social insurance policy as part of their health insurance platform. Roosevelt campaigned for compulsory health reform. The opposition supported voluntary health insurance. In 1930, many Americans could not afford medical services because this was the time of a shrinking middle class and income inequality. Between 1933 and 1934, the United States recorded the unemployment rate as high as 25%. Such a depressed economy led to the high increase in medical costs and poverty was the…

Words 4244 - Pages 17