Author(s): Yu-Hua, Yan.
In this liberated society and under the economic policy of privatization, adopting the “public private partnership” model not only solves the government’s financial problems, but also provides a new model for reform of public hospital administration. This thesis aims to explore and discuss the contract models of public hospitals administered by private organizations, the essence of value creation strategies and public-private partnership, connotations of governance, and the major theoretical basis. This in-depth discussion is expected to supplement the deficiency in the study of public-private partnerships in the medical industries. Finally, this research will propose recommendations targeting issues involved in public-private partnerships and a direction for future researches. Key Words: Public-private partnership, Value creating, Inter-organizational governance