Innovative Medical Management Subsidiary Gets Fined for Medical Security Fund Use Violations

MT Newswires Live2024-12-02

Innovative Medical Management (SHE:002173) subsidiary Jianhua Hospital was fined 3.2 million yuan for violations in the use of medical security funds.

The company was also ordered to return lost medical insurance funds of 3.2 million yuan, according to a Monday filing with the Shenzhen bourse

The Qiqihar Municipal Medical Security Bureau found that Jianhua Hospital had violations in diagnosis and treatment specifications, excessive diagnosis and treatment, decomposition of project charges, repeated charges, over-standard charges, and substitution of diagnosis and treatment projects.

Shares of the medical services provider closed 3% higher Monday.

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