The Entrepreneurial Journey of China’s First Private Mental Health Hospital

BRIAN KENNY: May is Mental Health Awareness Month in the United States, a designation established in 1949 to increase the awareness of the importance of mental health and celebrate treatment and recovery. And yet, 70 years later, mental health continues to be a crisis of epic proportions around the world. There are lots of reasons for this, not the least of which is that despite all the evidence, many governments refuse to acknowledge or address the problem. The World Health Organization notes that governments spend on average 0.5% of their overall healthcare budget on mental health, a minuscule amount given that nearly one billion people around the world report having mental health disorders each year. But as with many other vexing societal challenges, we know that relying on government to solve the problem isn’t sufficient. Business can and should play an important role, and today’s case offers an example of an entrepreneur in China who is doing just…

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