One stop medical mall a China first in Hangzhou

A new type of hospital has been given the go ahead in Hangzhou, reports thepaper.cn.

The "Medical Mall" is located at the 9th to 22nd floor of Hangzhou Tower 501 City Plaza. [Photo: thepaper.cn]

China's first "Medical Mall" is located at the 9th to 22nd floor of Hangzhou Tower, 501 City Plaza.

Just about every kind of medical service will be provided at the "Medical Mall". [Photo: thepaper.cn]

The mall is a mix of specialist outpatient services, including a surgical department, pediatrics, a department of stomatology and medical cosmetology departments. It makes it possible for patients to access one-stop medical services all in one place.

Medical institutions and doctors are able to share hospital resources such as medical equipment, the pharmacy, and operating facilities, without the need for heavy investment.

Alongside the medical treatment, the "Medical Mall" also allow retail therapy, with basement one to basement five in the plaza designated shopping areas. In traditional hospitals, people often have to wait to see the doctor, increasing boredom and anxiety levels.

This will be the first shared hospital in China. [Photo: thepaper.cn]

The "Medical Mall" has to sign an agreement with medical institutions seeking access, clarifying their responsibilities, rights and interests.

Some industry insiders have said that such shared hospitals will definitely pose a great threat to traditional hospitals, as they are more attractive to consumers and are also more cost-effective.

It's estimated that the trading volume of the medical sharing market reached around 15.5 billion yuan (around 2.36 billion USD) in China, up 121 percent from a year earlier.

The figure is expected to exceed 60 billion yuan by 2020.