Home TongCe Medical Officially Launches 'Dandelion Plan' to Build 100 Dental Clinics Across Zhejiang Province Within 3–5 Years

TongCe Medical Officially Launches 'Dandelion Plan' to Build 100 Dental Clinics Across Zhejiang Province Within 3–5 Years

Dec 28, 2018 08:00 CST Updated 08:00

VCBeat (WeChat: vcbeat) has learned that on December 26, the launch ceremony for the “Dandelion Project,” a joint initiative by Top Choice Medical Investment Co., Inc. and Hangzhou Stomatological Hospital Group, was held in Hangzhou. Leaders from the Zhejiang Provincial Health Commission, the Zhejiang Provincial Development and Reform Commission, the Hangzhou Municipal Health and Family Planning Commission, and the University of Chinese Academy of Sciences attended the event. Lu Jianming, Chairman of the Board of Directors of Top Choice Group and Chairman of Top Choice Medical Investment Co., Inc., and Wang Renfei, President of Hangzhou Stomatological Hospital Group, delivered remarks on behalf of their respective organizations.


On that day, the first batch of 10 new branch hospitals, including those in Shaoxing Keqiao, Huzhou Deqing, Lishui Liandu, Hangzhou Linping, and Jinhua Wucheng, signed agreements at the launch ceremony. The Yiwu Branch of Hangzhou Stomatological Hospital, which opened in 2008, was the first to adopt the partnership model. Under this so-called partnership model, Hangzhou Stomatological Hospital Group jointly establishes shareholding hospitals with internal physicians or outstanding doctors from public hospitals and private medical institutions through co-investment, while the group remains responsible for the hospital’s management and operations.


The “Dandelion Initiative,” jointly launched by Top Choice Medical Investment Co., Inc. and Hangzhou Stomatological Hospital Group, aims to facilitate the “dual downward deployment” of high-quality stomatological institutions and medical professionals to grassroots counties (cities and districts) across Zhejiang Province. By collaborating with reputable and outstanding stomatologists throughout the province, the initiative leverages the brand, technical, and human resource advantages accumulated by Hangzhou Stomatological Hospital over more than six decades of industry expertise. This effort supports the development of a Healthy Zhejiang, enhances local standards of oral healthcare, and improves patient satisfaction.


The planning goal is to establish 100 branch hospitals within Zhejiang Province over a period of three to five years,The implementation area includes counties (cities, districts) and key townships within Zhejiang Province.. Among them, the Keqiao Branch of Hangzhou Stomatological Hospital was the first to obtain its business license.


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Dandelion Program


Twelve years ago, the restructured Hangzhou Stomatological Hospital was integrated into Top Choice Medical Investment Co., Inc., a publicly listed company. Over more than a decade of development, Hangzhou Stomatological Hospital has grown from a small campus with an initial operating area of 7,000 square meters into one of China’s nationally renowned large-scale stomatological hospital groups. It now operates 19 campuses across Zhejiang Province, with a total operating area exceeding 100,000 square meters and over 2,200 employees, integrating clinical care, teaching, and scientific research.


In terms of hospital operations and development, Top Choice Medical adheres to the “Top Choice Model,” which is developed across six dimensions: participation in restructuring reforms, coordinated development between the main hospital and branch hospitals, integrated development of medical practice, education, and research, natural branching through physician equity ownership, patient care services delivered by physician teams, and college-style training.


In addition to prefecture-level cities, Top Choice Medical has established primary healthcare institutions in county-level cities such as Yiwu, Haining, and Zhuji, achieving rapid development and earning acclaim from local regulatory authorities and the public.


Based on extensive preliminary research, Top Choice Medical Investment Co., Inc. and Hangzhou Stomatological Hospital Group have officially launched the “Dandelion” Initiative. By concentrating capital for increased investment and assembling medical talent from various sectors, they have fully prepared for the establishment of new grassroots medical institutions. Under this “Dandelion” Initiative, partners include both outstanding dentists from within the Hangzhou Stomatological Hospital system and respected local dental practitioners.


Data shows that dental chair counts for newly signed stomatological hospital projects under the “Dandelion Plan” typically range from 20 to 80, with individual investment amounts between RMB 20 million and RMB 50 million. Compared with individual dental clinics, hospitals require substantially higher capital investment and face much stricter requirements in site selection, property specifications, regulatory approvals, staffing of dentists, and equipment standards.


For the Hangzhou Stomatological Hospital Group, which boasts mature experience in managing dental hospitals, hospital establishment is the core competitiveness of the “Dandelion Plan.” Leveraging its advantages in technology, talent, management, finance, and IT information systems, the group can fully support new branch hospitals in achieving break-even within one to two years, thereby ensuring the sustainable development of medical institutions and safeguarding the interests of physician partnership teams.


Under the “Dandelion Initiative,” in addition to having hardware facilities consistent with those of existing branches, the new branches of Hangzhou Stomatological Hospital Group are fully integrated with the Group in terms of clinical technical procedures, medical quality control systems, as well as hospital services, management, and training. Relevant professional training for newly opened branches under the “Dandelion Initiative” is also made available to local clinics and physicians, including international instructor courses offered by leading suppliers. This measure aims to promote the overall development of primary oral healthcare standards.


Source: Top Choice Medical’s official WeChat account, China Securities Network.