In recent years,public hospitals have set off a boom in building internet hospitals,but"not effectively utilized af-ter completion"has become a common problem.Based on stakeholder theory,the study concludes that the different interests and behavioral orientations of the stakeholders have a negative impact on the operation,which is manifested in the imperfect top-level design for the development of internet hospitals,the lack of sustained operation motivation due to the difficulty of public hospitals to balance public welfare and operation,the co-existence of high costs and low returns which results in the low motivation of doctors'participation,the lack of the voice of the technical and operation partners to give full play to their professional strengths,the imbal-ance between service supply and patient demand,disorderly competition in the internet healthcare industry,and insufficient system-atic social support.Furthermore,the improving measures are proposed,including establishing a government-led construction of a multi-subject co-governance network,building patient-centered regional public internet healthcare centers,consolidating govern-ance through resource integration and interest coordination and so on.