The invention belongs to the technical field of traditional Chinese medicines, and relates to a Chinese patent medicine for treating femoral head necrosis and a preparation method of the Chinese patent medicine. The Chinese patent medicine is prepared from the following raw materials in parts by weight: 5-10 parts of ligustrazine, 5-10 parts of ossotide, 6-8 parts of pseudo-ginseng, 6-8 parts of teasel root, 2-5 parts of calcined pyritum, 6-8 parts of drynaria rhizome, 3-6 parts of root of red-rooted salvia, 3-6 parts of eucommia ulmoides, 3-6 parts of radix achyranthis bidentatae, 2-5 parts of ground beetle, 3-6 parts of prepared rehmannia root, 3-6 parts of angelica sinensis, 2-5 parts of peach kernel, 2-5 parts of cartialgenous and 2-5 parts of liquorice. The preparation method comprises the following steps: weighing the raw materials according to the parts by weight; crushing into fine powder, filtering by an 80-100mesh sieve and then enclosing powder into a hollow capsule, wherein each capsule is 0.6-0.7g; bottling and sealing. The traditional Chinese medicine components disclosed by the invention can assist ligustrazine and ossotide in easing pain, reducing swelling, simulating osteoblast proliferation and promoting new bone formation when playing roles in removing blood stasis, connecting muscles and bones, stopping bleeding and promoting granulation; components of the traditional Chinese medicines and the western medicines cooperatively act; the treatment period for femoral head necrosis is short; and recovery is thorough.