Based on the fixed?basis ratio and the ring?analysis method, hospitals in Suqian City from 2011 to 2016 were analyzed on the number, bed configuration, human resources, assets and liabilities, and compared with the surrounding areas. The market?based mechanism resulted in the rapid growth of the assets of private hospitals in Suqian and the continued growth of income of medical institutions. The health resource efficiency and utilization efficiency of human resources maintained a relatively high level, but there was a downward trend, while the efficiency of bed and fixed assets remained low. The financial subsidies of Suqian health care institutions were significant increased, but the level of subsidies was low. Rapid development of health resources also led to a sharp increase in liabilities and high operating costs, which seriously affected the sustainable development of medical institutions. The marketization of medical institutions in Suqian City has played a positive role in promoting resource growth, but it has inevitably brought high debt and high operating costs. Medical institutions have generally entered the bottleneck period.