According to VCBeat, Jianxiang Hospital Group just received around 15 million dollars in Series A financing, this round of financing was led by Growing Capital. The funds will be used to acquire a general hospital and maybe a retirement home.
Jianxiang Hospital Group was founded in 2005, it mainly focuses on medical service industries. At present, the business of Jianxiang Hospital Group has medical services, recover, retirement homes and nursing. The group has eight medical service institutions including general hospitals, specialist hospitals, rehabilitation nursing hospitals and nursing homes. As of 2018, the Jianxiang Hospital Group has more than 1,000 beds and annual revenues of nearly 150 million RMB.
Founder of Jianxiang Hospital Group Xiangyu Long claims that their first hospital’s main patients are the elderly population since it mainly focuses on Chinese medicines and acupuncture. However, limited to scale, venue and other issues, the hospital often only use traditional means of treatment. Until September 2012, the hospital introduced a large number of advanced equipment to carry out orthopedic surgery and other treatments.
In October 2015, the Jianxiang Health Center was established to help the elderly to manage their health and improve their quality of life. In September 2016, the Jianxiang Health Center team consisted of more than 30 doctors, nurses and rehabilitation therapists formed, they will assess the needs of the elderly, develop a corresponding rehabilitation program and providing rehabilitation.
In 2018, Jianxiang Nursing Home was officially opened to provide rehabilitation treatment for patients with Alzheimer's disease, geriatric diseases, osteoarthrosis and stroke sequela. It uses "professional medical rehabilitation technology" and "intelligent nursing" to improve the lives of disabled and demented elderly people.
About Growing Capital
Founded in 2016, Growing Capital is an investment company that focuses in the field of medicines, health care big data and retirement.