风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供参 考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构成 投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅读基金法律文件，充分了解产品 要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的产品，谨慎投资。 每日经济新闻 医疗ETF（159828）跟踪的是中证医疗指数（399989），该指数从沪深市场中选取涉及医疗器械、医疗 服务及医疗信息化等业务的上市公司证券作为指数样本，以反映医疗主题相关上市公司证券的整体表 现。中证医疗指数覆盖医药卫生行业多个细分领域，具有显著的行业集中度和成长特征，为投资者提供 了布局医疗健康产业的投资工具。 银河证券指出，医药生物行业集采提质扩面进入后半程，价格机制与质量监管并重。国家集采累计覆盖 435个品种，第十一批聚焦55种临床成熟药物，通过制度创新实现稳临床、保质量、防围标、反内卷， 保证中选产品的临床可及性和标准一致性。随着集采规则持续优化、价格机制更趋合理，国产龙头企业 依靠合规和创新能力，有望实现份额提升及结构性增长。医保基金收 ...

智通财经APP获悉，中国银河证券发布研报称，看好2026年医药行业投资机会，近期震荡调整后估值已 回落至相对低位，有望在2026年重启升势，投资思路上寻找医药硬科技和细分赛道α，推荐关注创新药 （BIC和FIC管线龙头）、创新器械（影像、高值耗材、消费器械等）、医疗AI方向，关注医药消费复 苏及独立第三方ICL。 中国银河证券主要观点如下： 继续深化推进医改，优化集采及医改政策 12月中央经济工作会议如期召开，通稿中医药相关内容："优化药品集中采购，深化医保支付方式改 革。实施康复护理扩容提升工程，加强对困难群体的关爱帮扶。"其中相关投资机会理解可以从以下三 个方面解读。 集采规则优化，国产替代提速 集采提质扩面进入后半程，价格机制与质量监管并重。药品方面，国家集采累计覆盖435个品种，第十 一批聚焦55种临床成熟药物，通过按品牌报量、低价声明、合理性解释和生产质量双重抽检等制度创 新，实现稳临床、保质量、防围标、反内卷，保证中选产品的临床可及性和标准的一致性。整体来看， 随着集采规则持续优化、价格机制更趋合理、质量与供应保障监管均衡重视，国产龙头企业依靠合规和 创新能力，有望实现份额提升及结构性增长。 医改 ...

据人民日报微信公众号报道，国家卫生健康委2025年12月26日举行新闻发布会介绍，从2025年3月31日 起，全国公立医院全面取消了门诊预交金。截至2025年11月底，全国公立医院已清退门诊预交金约90亿 元，涉及约1.4亿个个人账户。从2025年6月30日起，医保患者住院预交金额度降低至个人自付平均水 平，大部分常见病种的住院预交金明显下降。 （来源：工人日报） 变"先交钱"为"后结算"，从"病人跑"到"专家来"，在"有没有"之外关注"好不好"——这些努力不仅涉及 技术的进步、流程的优化，更关乎理念的升级，折射出医疗服务逻辑正从"方便管理"转向"方便患者"， 从"以治病为中心"向"以人民健康为中心"转变，医疗服务变革正在向更公平、更有温度上持续推进。 变"先交钱"为"后结算"，从"病人跑"到"专家来"，在"有没有"之外关注"好不好"——这些努力不仅涉及 技术进步、流程优化，更关乎理念的升级，折射出医疗服务逻辑正从"方便管理"转向"方便患者"， 从"以治病为中心"向"以人民健康为中心"转变，医疗服务变革正在向更公平、更有温度上持续推进。 就医预交金制度可追溯至上世纪80年代。彼时，医疗信息化程度较低，支付方式 ...

中新网周口12月20日电 (李海珠)"过去要跑多个部门办手续，现在只需携带身份证，所有手续一窗通 办，实在是太方便了。"连日来，多位市民在河南省周口市中心医院一站式综合服务中心办理相关手续 时感慨道。 作为河南省首个一站式综合服务中心，周口市中心医院借助信息化手段支撑，整合并创新多个服务板 块，患者只需携带身份证便可在一个窗口办理门诊、入院、出院、手术等109项服务，实现"只跑一次、 一次办好"，提高患者就诊的舒适感、体验感。 在周口郸城县人民医院医共体运营中心，大数据平台上的数据实时更新，该县各级医疗机构的诊疗数 据、资源调配情况一目了然。 统计数据显示，郸城县累计互认检查检验结果4.5万人次，为患者节约资金379万元；门诊医技检查24小 时内完成率从62.86%提升至95.75%，逐步将"群众奔波"变为"信息跑路"，彻底让群众看病从以往的"往 上跑"变成了如今的"就近看"。 近年来，针对医疗资源"上强下弱"、服务体系碎片化、群众看病难等问题，周口通过建设紧密型医共体 和城市医疗集团，持续完善"市带县、县带乡、乡管村"全域一体化医疗协作服务模式。 图为市级 医院专家与基层医院连线会诊。李海珠 摄 图为市民 ...

2025年12月16日，当郑州大学第一附属医院 （下称"郑大一"） 的第五个院区开业时， 医院里的人 们不再像建设郑东院区那样大张旗鼓，而是想尽可能保持低调。 这座以神经疾病为特色、托管五年后将独立经营的"天坛医院河南医院"，见证着郑大一的时代转折。 以下文章来源于健闻咨询 ，作者健闻咨询 健闻咨询 . 医疗行业跨界洞察 本文来自微信公众号： 健闻咨询 ，特约作者：于焕焕、黄琪越，记者：李琳，题图来自：视觉中国 对郑大一的临床医生们来说，最盛的光景始于2010年。 这一年，计划投资25亿元的郑东院区已奠基。在河医老院区，19层的新门诊大楼取代了上世纪修建 的斑驳矮楼，多座新病房楼亦拔地而起。 新大楼是吸引患者和人才的门面，也承载了无数人的职业野心。 彼时，46岁、刚升任院长两年的阚全程，每天早上六点钟就到6楼办公室，找他汇报工作、签字审 批、对接项目的人从门口蜿蜒排到5楼走廊。 15年后，离任数年的阚全程因严重违法违纪被查。一位接触过他的药械代表说， 阚全程胆子大，是 愿意在灰色地带游走的人。 医院的药械采购、基建等大小事他都能拍板，引进设备甚至不需经院委 会讨论。 有想法有野心或是想跳槽的年轻医生，被安抚、 ...

系统改革破难题 服务下沉零距离 东营医改打通健康惠民"最后一公里" 医联体直达村头 名医坐诊"家门口" 仲冬时节，走进东营区龙居镇大张村卫生室，整洁的环境、简明的药品目录表映入眼帘。医生正为 前来复诊的村民纪兰美测量血压。"以前去市里医院，光来回就得两三个小时，现在走几步路就能看病 开药，还能直接报销，负担轻多了！"纪兰美笑着说。 像大张村卫生室这样完成服务升级的基层网点，在东营市已不是个例。通过与上级医院建立紧密联 动机制，这些卫生室不仅配备了更多常用药品，更实现了诊疗、结算、报销"一站式"服务，真正成为守 护村民健康的首个"前哨站"。 聚焦群众"在家门口看好病"，东营坚持资源整合与模式创新双轮驱动，全面优化医疗服务体系布 局，打通分级诊疗落地的"最后一公里"，推动优质医疗资源有效下沉与扩容，群众就医获得感显著提 升。为实现优质资源精准滴灌与聚合效应，全市做强紧密型医联体，实施"双百名医进东营"行动，辖区 10家二级以上医院与国内35家高水平医院共建专科医联体66个，聘请400余名知名专家设立工作室，定 期来东营坐诊、手术、带教，提升急危重症和疑难疾病诊疗能力。东营市人民医院、胜利油田中心医院 牵头建设4个 ...

Core Insights - The National Health Commission is promoting the Sanming healthcare reform experience nationwide to enhance public hospital reforms and improve healthcare accessibility for citizens [1][5] Group 1: Financial Investment - Since the beginning of the 14th Five-Year Plan, Jiangsu has invested 230 billion yuan in public hospitals, with an annual increase of 9.6% in operational subsidies [3] - In 2023 alone, the provincial government added 12.5 billion yuan to support high-quality development in public hospitals [3] Group 2: Pricing Adjustments - Jiangsu has implemented dynamic pricing adjustments, adding 269 new medical service items and adjusting prices for 1,411 items, resulting in a nearly 5% increase in the proportion of public hospital medical service income [3] Group 3: Staffing and Compensation - The province has increased public hospital staffing by 49,000 positions since the 14th Five-Year Plan, focusing on critical areas such as pediatrics and infectious diseases [4] - Compensation structures have been optimized, narrowing income disparities between different levels of medical institutions and improving the salary structure for medical staff [4] Group 4: Healthcare Accessibility - Jiangsu is enhancing healthcare services to ensure that major illnesses can be treated within the province, with 41 billion yuan allocated for high-level hospital construction since 2023 [7] - The establishment of 4 national regional medical centers and 45 provincial centers aims to provide high-quality medical services closer to home [7] Group 5: Community and Primary Care - The province has implemented a talent strengthening program for grassroots healthcare, resulting in over 350,000 grassroots health workers, which is 37.5% of the total healthcare workforce [8] - The development of 256 internet hospitals has led to a 52% increase in service volume this year, enhancing accessibility for patients [8] Group 6: Local Initiatives - Suzhou has developed a public hospital governance management platform that monitors over 200 operational indicators, reducing management costs to 7.6% [9] - In Yancheng, nearly 3 billion yuan has been invested to upgrade public hospital facilities and improve healthcare services [11]

Core Viewpoint - The Jiangsu Province is actively promoting public hospital reforms by implementing the "Three Medical" collaborative mechanism, enhancing policy support, and innovating service models to improve healthcare accessibility and quality for the public [1][3]. Group 1: Financial Support and Policy Implementation - Jiangsu has invested a total of 230 billion yuan in public hospital development since the beginning of the 14th Five-Year Plan, with an average annual increase of 9.6% in operational subsidy funds, and a net increase of 12.5 billion yuan in provincial funding for 2023 [3]. - The province has added 269 new medical service items and adjusted 1,411 pricing items, optimizing the income structure by lowering prices for certain tests while increasing those for diagnosis and nursing services, resulting in a nearly 5% increase in the proportion of public hospital medical service income [3]. Group 2: Human Resource and Compensation Reform - Jiangsu has adjusted public hospital staffing by increasing the number of positions by 49,000 and implementing a dynamic adjustment mechanism to meet the needs for high-level clinical talent [4]. - The province has reformed the compensation system for public hospitals, allowing for diverse salary structures, including annual salaries and project-based pay for high-level talents [4]. Group 3: Healthcare Resource Distribution and Infrastructure Development - The government has invested 4.1 billion yuan in 2023 to support the construction of 16 high-level hospitals and has established 136 county-level medical communities, achieving a 95% rate of local treatment [4]. - The province has built 256 internet hospitals, with a 52% increase in service volume this year, enhancing healthcare accessibility through digital services [4]. Group 4: Localized Implementation of Reform Experiences - Suzhou has developed a governance management platform for public hospitals that monitors over 200 operational indicators, reducing management costs to 7.6% [6]. - In Yangzhou, 20 township health centers have been built to improve medical services in rural areas, with a focus on training and deploying over 2,300 medical talents to enhance local healthcare capabilities [6]. Group 5: Innovations in Service Delivery - Nanjing Drum Tower Hospital has introduced various service innovations, including a one-stop appointment center and online medical insurance settlement, aiming for 40.5% of surgeries to be at the fourth level by 2025 [7]. - Binhai County has invested nearly 3 billion yuan in upgrading public hospital facilities and has implemented convenient measures such as bedside billing and emergency triage to reduce the burden on patients [7].

Core Insights - The article highlights the challenges faced by patients in seeking medical care in large hospitals and how the healthcare reform in Anhui province, particularly in Wuhu, aims to address these issues through improved referral and consultation services [1][8]. Group 1: Healthcare Reform Initiatives - Wuhu has established consultation and referral service centers in 16 public hospitals to streamline the process for patients, allowing for one-stop handling of consultations, referrals, and insurance [1][3]. - A city-level consultation and referral management center was created in April 2024 to further coordinate resources and improve patient care [3][8]. Group 2: Impact on Patients - The number of patients seeking treatment outside Wuhu decreased by 17.6% in 2024, indicating a significant shift towards local treatment options [3][8]. - Patients can now access expert consultations and surgeries locally, reducing travel burdens and associated costs by 10%-20% compared to seeking treatment in other cities [3][7]. Group 3: Expert Resources and Support - The center has established a database of over 200 medical institutions and signed contracts with more than 800 external experts to facilitate patient care [7][8]. - Financial incentives are provided for bringing external experts to Wuhu, with nearly 1,500 million yuan allocated for over 2,600 surgeries performed by outside specialists [8]. Group 4: Community Feedback - Patients express relief and satisfaction with the new system, highlighting the convenience of receiving care from top specialists without the need for extensive travel [7][8]. - The reform is seen as a model for healthcare improvement in Anhui, promoting equitable access to quality medical resources [8].

Group 1 - The report highlights that five out of six sub-industries in the pharmaceutical index recorded positive returns, indicating a strong market performance [2][3] - The prescription drug market shows significant regional differences, with high order volumes in eastern coastal and densely populated provinces, while western regions like Tibet and Qinghai have low order volumes. For instance, Hebei province accounts for 9.2% of total orders, while Tibet only accounts for 0.1% [8][9] - There is an increasing proportion of female consumers in the prescription drug market, with purchasing times concentrated between 9 AM and 11 AM. This trend suggests that companies should tailor their marketing strategies and optimize operational hours to enhance sales [8][9] Group 2 - The demand for chronic disease medications remains prominent and stable, with primary hypertension and type 2 diabetes medications accounting for 9.7% and 4.3% of prescription drug consumers' conditions, respectively [9] - The report indicates that the prescription drug market presents both opportunities and challenges, with some drug sales growth providing development opportunities for pharmaceutical companies, while intense market competition and changing policy environments pose challenges [9] - The pharmaceutical industry is encouraged to leverage artificial intelligence and focus on innovation to adapt to market changes and enhance competitiveness [21][22]