Extraordinary Genius - Chapter 387 – We had owned a hospital all this while
Li Shiqiang was falling asleep, and Feng Yu helped him to the guest room’s bed before making a few phone calls.
After hanging up the phone, Feng Yu smiled. The problem had been solved.
In the evenings, Li Shiqiang woke up. He shook his head thinking where he was. When he stepped out of the room and saw Feng Yu, he knew that he was in Feng Yu’s apartment.
“How come I am sleeping here? I thought I had returned home?”
Feng Yu: “……” He must be drunk and had knocked on the wrong door. Luckily he did not go to the other neighbor’s house.
“Brother-in-law, do you still remember what you told me in the afternoon?”
“this afternoon? Is it about the setting up of the hospital?”
“Yes. You said that you are investing 10 million RMB in setting up this hospital. Also, you do not mind not making profits as long as you do not make any losses. Is this really what you think, or are you drunk?” Feng Yu seriously asked.
Actually, Feng Yu thought that 3 to 5 million would be enough to set up a hospital. 10 million RMB in that era was more than enough to set up a luxurious hospital. It was also enough to purchase that medical equipment which the government hospital does not have.
“What nonsense are you talking about? I really meant what I said. Last year, the rest and I had made lots of money. I had made dozens of millions. What’s wrong with spending 10 million RMB to set up a hospital for your sister? If your sister is happy, I am happy. It does not matter if I can make money from the hospital. But it is too difficult to get the approval to set up a hospital.”
“I can rest assured if you think this way. But who said that running a hospital will lose money?”
“Ah…… The hospital can still make money?” Li Shiqiang asked.
Do you think it is still the olden days where all clinics were set up for charity purposes? If the doctors were capable and the hospital was able to sell some medications, the hospital will not make losses!
Medication was a profitable industry. Other than the medicine, the hospital can position itself as a high-class private hospital with some advanced medical diagnostic equipment and set up a few high-class private wards especially for top officials. Just the business from the officials would be more than enough to keep the hospital from making losses.
Those officials were never stingy with their money. After all, they can claim their expenses from the government. These people were willing to splurge on their hospitalization bills!
In Feng Yu’s previous life, there was a village head that traveled a long distance to Beijing to see doctors. He had spent over 100,000 RMB for…… his high blood pressure! Although this was found out after he retires and he was charged in courts. However, before this incident, no one had brought this up.
Rather than letting others earn this sum of money, might as well we earn it for ourselves. This was the norm in this era, and Feng Yu had no ways to change it.
There were many enterprises in Bing City, and the area was big. There was also the nearby Provincial City. If this hospital became famous, then there will be a lot of government officials coming for treatments.
Of course, this hospital must have advanced diagnostic equipment which another hospital in Bing City lacks. Also, the wards must be comfortable with caring nurses and doctors. That’s right. To those people, doctors were the least important.
“Sigh, it is too difficult to set up this hospital. It was too hard to find someone qualified to register this hospital. This person must be highly ranked and had never misdiagnosed before. Those senior doctors that were willing to join our hospital had bad records. They can’t register this hospital.”
Feng Yu proudly said: “Brother-in-law, did you forget that our family owns a hospital?”
“Huh? Since when did our family own a hospital? Our dad bought the hospital in the district?” Li Shiqiang’s eyes nearly popped out. Since when did Father-in-law buy a hospital? Why was I not aware of this?
“What hospital in the district? Did you forget about the Machinery Company?”
“Machinery Company? Are you talking about the employees’ hospital?” Li Shiqiang suddenly remembered about this. That’s right. Why didn’t I think of this earlier?
The Machinery Company was formerly a state-owned enterprise. In this era, those state-owned enterprises with factories were like a small community. These factories have their own security departments, housing, and hospital!
The Machinery Company had been converted into a shareholding company, but the employees’ hospital was still around. There were still a few senior doctors in that hospital.
In the past, these doctors will not listen to Feng Yu. But now, they were no longer employed by the Ministry of Health. They were assigned to the Machinery Company’s hospital. Although these doctors were still holding on to their rank in the government and Feng Yu cannot just ask them to go, but he can ask the Health Ministry to redeploy these doctors to other hospitals.
These doctors were not willing to leave the employees’ hospital. The benefits they received in the Machinery Company Hospital were the highest in Bing City. Not only they salaries were high, but there were also still bonuses. During festivals, there were also gifts.
Many doctors had wanted to join the Machinery Company’s hospital but could not. The Machinery Company does not need them. The Machinery Company will hire newly graduated doctors from the universities, and the senior doctors in the hospital will guide them along. Priority will also be given to the offsprings of the factory’s workers. There were no openings for the doctors outside.
Even the Health Ministry Chief’s brother-in-law was rejected. Li Mingde now had a lot of authorities, and also if the Health Ministry were to create problems for the Machinery Company’s hospital, they would not be able to leave the factory’s compound in one piece!
What? You are not happy? We are Bing City’s top company and the company that was paying the most taxes. We are also a joint-venture company with a Hong Kong businessman. You want to mess with a Hong Kong Businessman?
“Brother-in-law, I will speak to Li Mingde later. The employees’ hospital’s equipment needs to be upgraded. You buy some advanced medical equipment which China does not have and use it to invest in this hospital. This hospital will be privatized.”
Li Shiqiang’s jaws dropped: “Hospital can also be a shareholding?”
Feng Yu confidently replied: “Of course. This hospital cannot be considered a government hospital. It belongs to the Machinery Company. Since this hospital belongs to a shareholding company, then it can also be converted a shareholding hospital. But after the conversion, not only our employees and their families can visit this hospital for treatments, it must also be opened to the public. Of course, our company’s employees will get subsidies like wavier of consultation fees or discounts on medications.”
“Who will have the final say in this hospital?”
“You. The Machinery Company’s hospital is only worth about 800,000 to 1 million RMB. You are buying 10 million RMB worth of medical equipment and had hired a few professors for the hospital. Of course, you will be the managing director!”
“Wait, I can spend the money on the equipment, but I can’t recruit those professors. I can’t even hire those senior doctors.”
“Who asked you to poach doctors from other hospitals? Just go to the universities. There are many professors in the universities. Those universities also have their own hospitals. You have the world’s most advanced medical equipment, you think they will not join you?”
Li Shiqiang brightens up. It seems that this problem was solved and he can finally set up a hospital for his wife!