Mount Sinai Health System of New York and Taikang Healthcare of China launch strategic hospital collaboration
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 the Mount Sinai Health System
The Mount Sinai Health System is New York City's largest integrated delivery system encompassing seven hospital campuses, a leading medical school, and a vast network of ambulatory practices throughout the greater New York region. Mount Sinai's vision is to produce the safest care, the highest quality, the highest satisfaction, the best access and the best value of any health system in the nation. The System includes approximately 6,600 primary and specialty care physicians; 11 joint-venture ambulatory surgery centers; more than 380 ambulatory practices throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and 31 affiliated community health centers. The Icahn School of Medicine is one of three medical schools that have earned distinction by multiple indicators: ranked in the top 20 by U.S. News & World Report's "Best Medical Schools", aligned with a U.S. News & World Report's "Honor Roll" Hospital, No. 12 in the nation for National Institutes of Health funding, and among the top 10 most innovative research institutions as ranked by the journal Nature in its Nature Innovation Index. This reflects a special level of excellence in education, clinical practice, and research. The Mount Sinai Hospital is ranked No. 18 on U.S. News & World Report's "Honor Roll" of top U.S. hospitals; it is one of the nation's top 20 hospitals in Cardiology/Heart Surgery, Gastroenterology/GI Surgery, Geriatrics, Nephrology, and Neurology/Neurosurgery, and in the top 50 in six other specialties in the 2018-2019 "Best Hospitals" issue. Mount Sinai's Kravis Children's Hospital also is ranked nationally in five out of ten pediatric specialties by U.S. News & World Report. The New York Eye and Ear Infirmary of Mount Sinai is ranked 11th nationally for Ophthalmology and 44th for Ear, Nose, and Throat, while Mount Sinai Beth Israel, Mount Sinai St. Luke's and Mount Sinai West are ranked regionally.
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.