Associated Press

Pandemic, penalties aside, bribes go on at China hospitals

As the coronavirus pandemic threatened to overwhelm Chinese hospitals last year, Chinese resellers appear to have colluded to inflate the prices of ventilators and other essential medical equipment from multinational companies including Siemens, GE and Philips, according to a review of recent public records on the sale of medical equipment in China. Hospitals purchased high-value MRIs, CT scanners, ultrasound machines, and other equipment– all vital for diagnosing and researching the novel coronavirus–in some cases paying millions of dollars above fair market prices. One Chinese hospital paid a reseller $5.16 million for a GE Signa Pioneer MRI scanner, while another Chinese hospital paid just $2.56 million for the same machine.

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