Exploration and Prevention of Social Capital Risks in Medical PPP Projects
Sichuan Zhongcheng Coal Construction Group, Chengdu 610072, China
| Abstract: | The medical PPP project is being developed together by medical institutions, nursing homes, and government oversight departments, with the goal of generating mutual benefit and a win-win scenario through resource sharing. Because the government's financial resources are no longer sufficient to fulfill China's growing demand for healthcare, regulations are encouraging social capital to participate in the development of healthcare PPP projects. This article examines the risk points of medical PPP projects from the standpoint of social capital and makes preventative and control recommendations to enhance the long-term growth of medical PPP projects. Summarize and assess the risk points of medical PPP projects using literature study and theoretical analytical approaches. Following an analysis of the risks of delayed land permission, construction risks, operational risks, return risks, transfer risks, and legal risks, appropriate preventative and control recommendations have been proposed. According to the findings, the government should improve the openness and efficiency of the land approval process, and social capital should perform adequate market research and technical evaluation to develop a good operational management system. Reasonable interest distribution policies may also be utilized to encourage social capital parties to participate, clarify equity allocation and asset transfer restrictions, and increase legal understanding and compliance with contract agreements. The sustainable growth of medical PPP projects may be realized via the combined efforts of the government and social capital, resulting in superior medical services for the people. |
| Keywords: | Engineering Management; Medical PPP Project; Social Capital; Risk Identification; Risk Prevention and Control |
| DOI: | 10.57237/j.jsts.2023.02.001 |
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Received: 26 October 2023
Accepted: 15 December 2023
Published Online: 27 December 2023
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