Main Business
Qing Song Health Co.,Ltd. is the first publicly listed company with long-term care (LTC) services as its core business in Taiwan.
The company's primary focus is on long-term care services. Operating under the "Qingsong" brand, it has established a strong foundation in central Taiwan and is one of the largest LTC service providers in the region. In recent years, Qing Song Health has actively expanded its LTC facilities in northern, central, and southern Taiwan to increase service capacity. Currently, it operates residential LTC facilities with a total of 1,094 approved beds. Additionally, the company manages 55 community-based LTC facilities, which include community-based, integrated, and home-based services. 37 of these facilities are currently operating, while others are still under development, providing a combined service capacity of 3,029 cases. These expansions are expected to drive revenue and profit growth for the company.
With the dual effects of an aging population and declining birth rates, the demand for LTC services become essential and never stop growing. Qing Song Health provides integrated LTC resources, including home-based, community-based, and residential services. As the trend of aging population accelerates, the demand for elderly healthcare services continues to increase. By staying ahead of industry trends and adapting to the rapid expansion of the care industry, Qing Song Health integrates resources from the health, medical, technology, and housing sectors to meet diverse care needs. As one of the few companies in Taiwan specializing in continuous and multi-tiered LTC services, Qing Song Health has made itself a leader in the LTC market. The company keeps enhancing its value-added care services, utilizing resources for innovative service solutions, and thus creating premium brand value.
Competitive Advantages
Thanks to its standardized operating procedures established by the management team, Qing Song Health is capable of laying the foundation for maintaining care quality and improving management efficiency under scaling operations. By adopting a corporate management model with successful delegation and committing to systemization, the company is one of the few LTC providers in the industry which has its own IT team. It has developed smart systems to integrate resident management, nursing, and care operations, significantly improving operational efficiency.
Key Competitive Strengths
- A management team with extensive professional experience that integrates LTC and medical resources, addressing the comprehensive needs of individual cases and advancing sustainable development.
- A strategically distributed network of LTC facilities across northern, central, and southern Taiwan, creating a competitive market share.
- In-house capabilities for developing and renovating new facilities, further enhancing operational efficiency.
- A comprehensive talent education and training system, leveraging collaboration between industry and school to cultivate professional talent and achieve a shared vision of sustainable growth.
Future Outlook
Qing Song Health follows its core values of respect, joy, and accountability, aiming to provide comprehensive healthcare services while fulfilling its corporate social responsibilities. The company is committed to expanding its LTC business scope, integrating resources such as medical care, nursing, social work, nutrition, and rehabilitation, and actively exploring opportunities in the elders’ markets. It strives to maintain its position as the leading brand in the LTC industry, ensuring sustainable operations, enhancing shareholder value, improving liquidity and investment returns, attracting talents to join its team, and advancing toward the industrialization of LTC services. Qing Song Health also seeks to realize the ideal of aging in the community.
New Business Development Plans
- Professional Consultation Services
In response to the declining birth rate, many universities are facing suspension. Qing Song Health, leveraging its extensive experience, offers consulting services to assist in transformations, such as planning and applying for the establishment and registration of LTC foundations. This service addresses issues stemming from rapid LTC facility development, poor planning, and insufficient experience. - Expansion into All-Age Residential Services
By fostering strong cross-industry collaborations and engaging with leading domestic teams, Qing Song Health aims to promote strategic alliances and deliver more diversified services. The company plans to expand into all-age-friendly residential developments, offering barrier-free environments, integrated LTC services, and lifestyle amenities. This expansion targets both healthy and sub-healthy elderly populations, leveraging the company’s network of LTC facilities across Taiwan to create a complete and continuous care system. - Qing Song Health plans to broaden its business scope by integrating upstream and downstream industries related to LTC and the elders’ market. This integration aims to develop a smart, comprehensive "big health" industrial chain.