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Medi+Sphere Development, Inc. (MSDI)

MSDI has received a hospital license and business permit to build a state-of-the-art heart and vascular hospital in Rushan City, China.

  • Stage Full Product Ready
  • Industry Healthcare Services
  • Location Dana Point, CA, USA
  • Currency USD
  • Founded January 2006
  • Employees 8
  • Website

Company Summary

MSDI is a medical facilities and services development company formed for the purpose of developing and managing full-service and specialty service line hospitals in China.


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    John E. Reuter

    Mr. Reuter has twenty-six years of corporate management, financial services, and real estate development experience in the US. He has formed multiple US companies including Medi+Sphere Development, Inc., Aeronautix Corporation, an international commercial aircraft parts distribution firm; Reuter Real Estate Corp., a property development and management company; Seair Trading Corp., an import/export business. He has his degree from USC.

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    Charles W. Franc
    President & Chief Executive Officer

    Mr. Franc has over thirty-five years of healthcare experience in hospital consulting, hospital administration, and in technical and clinical hospital operations. He is the President of Charles Franc & Associates, Inc. with more than thirty years experience in the delivery of cardiovascular medicine. He has provided leadership and consulting services to more than 250 in the development of their cardiovascular programs.

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    Ronald D. Osborne
    Chief Operating Officer

    Mr. Osborne has forty years of healthcare delivery systems and operations management experience, including twenty-three years of payer-side managed care and health insurance experience. He is CEO of Medworth Futures, Inc., a healthcare management consulting firm. He was VP of National Blue Cross Assoc., VP of a Blue Cross/Blue Shield company and VP of a hospital system in California that owned and managed nine hospitals.

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    Gerald A. Ellis, MBA
    Senior Vice President, Hospital Operations

    Mr. Ellis has extensive experience in international hospital operations management, and Joint Commission International (JCI) accreditation preparation. He was Senior Administrator and International Consultant for Loma Linda University Global Health Institute, China Project, that included two years experience as an Administrative Consultant to Sir Run Run Shaw Hospital (Hangzhou, China) for preparation of the hospital to qualify for JCI.

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    Bo Hu, MS, MBA
    Director, Chief Representative, China

    Mr. Hu has an MS in Bio-Electrical Engineering and a BS in Electrical Engineering from the Chongqing University, China and an MBA in International Management from Thunderbird, Phoenix, Arizona. he was the Director of Business Development/operations for AMD Limited / CIDCO Investment Company where he conducted research in the Chinese medical market. He developed a five-year financial model for the Beijing Heart Hospital.

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    Douglas A. Wells, CPA
    Chief Financial Officer

    Mr. Wells was CFO and a principal of a national healthcare consulting firm specializing in cardiovascular services. He was also CFO and President of a venture capital firm owned by the nation’s largest not-for-profit hospital chain. He was an audit partner with Arthur Andersen where he was in charge of its healthcare practice in California.

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    Lee Burkhart Liu
    Active Living International
    Hitachi Medical
    Endo Lighting
    American-Chinese CEO Society


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    Elliott N. Taylor, Esq. - Taylor & Associates, Inc.
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    Douglas A. Wells, CPA - CFO, LLC

Previous Investors

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    ITC Corporation, Ltd.