# Chen Bang
Latest news and articles about Chen Bang
Total: 2 articles found
China’s Aier Empire Exposed: Psychiatric Hospital Fraud Lifts the Veil on a Hidden Medical Network
Allegations of systematic medical‑insurance fraud at several psychiatric hospitals in Hubei have revealed links to Aier Medical Investment, the non‑listed vehicle controlled by Chen Bang, founder of listed Aier Eye. The case spotlights how opaque ownership layers can shield high‑risk healthcare businesses and raises the prospect of intensified regulatory and market scrutiny across China’s private medical sector.
From Charity to Claims: How an Ophthalmology Empire Is Tied to Systemic Medicare Fraud in Psychiatric Care
Journalistic investigations have connected Aier Eye Hospital's chairman, Chen Bang, through a chain of affiliates to seven psychiatric hospitals that repeatedly billed China's public health insurance illegally. The pattern—duplicate billing, split charges and fictitious treatments—mirrors earlier concerns about Aier-linked charitable funds flowing back into affiliated providers, raising systemic governance and regulatory questions.