Perennial General Hospital, China's first wholly foreign-owned tertiary general hospital, is set to operate by the end of February in Tianjin.

The 500-bed tertiary multi-disciplined hospital is invested by Singapore-headquartered Perennial Holdings Private Limited with 1 billion yuan ($137.3 million).

It has obtained both the wholly foreign-owned business license and the Medical Institution Practice License.

The hospitals within the medical cluster, all featuring state-of-the-art equipment and staffed with highly qualified multi-disciplinary professionals, provide a convenient one-stop integrated medical hub concept focused on patient-centered care. The hospitals include Perennial General Hospital Tianjin, a 500-bed hospital offering comprehensive medical disciplines, Perennial Rehabilitation Hospital, a 200-bed hospital for post-surgery recovery and rehabilitation and a 300-bed Eber Perennial Brain Hospital specialising in neurological surgeries. 

Together with the 299-bed Perennial Nursing Hospital at the eldercare component, the hospitals are well-positioned to provide quality care to the seniors residing in the over 1,500-bed eldercare homes and assisted living apartments, and the community in Xiqing district and the wider Beijing-Tianjin-Hebei region.

This achievement follows China's decision in September to allow such hospitals to operate in select cities, including Beijing and Tianjin.