Navigation Links
Concord Medical and GE Healthcare Sign MOU for Preferred Partnership in China
Date:8/11/2011

BEIJING, Aug. 11, 2011 /PRNewswire-Asia-FirstCall/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), the operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced that it has signed an Memorandum of Understating ("MOU") with GE Healthcare ("GEHC"), through its subsidiaries General Electric International Operations Company, Inc. and GE Medical Systems Trade & Development (Shanghai) Co., Ltd., to form a preferred strategic partnership in China.

Under the MOU, Concord Medical and GEHC have agreed to cooperate in academic and marketing programs, and plan to jointly organize new seminars and conferences in China to create more opportunities for scientific exchanges. Concord Medical will partner with GEHC to enter and expand into rural and primary care markets in China, through financial leasing or other mutually beneficial business strategies.

The new partnership also includes a preferred supplier relationship in which Concord Medical will be able to purchase GEHC's highly specialized healthcare products at the best possible prices. The GEHC products that will be supplied under the MOU include imaging equipment, monitoring devices and their after-sales services, solutions for healthcare IT solutions, clinical department solutions, Telemed, EMR, hospital integration platforms, performance solutions, consumables, and others. Additionally, GEHC will provide Concord Medical with opportunities to provide financing related services for customers of GEHC in China.

Dr. Jianyu Yang, President and Chief Executive Officer of Concord Medical, said, "We are pleased to be partnering with GE Healthcare, one of the world's most trusted names in healthcare equipment and services. Our strategic partnership will leverage the technological, financial, and management strengths of both GE Healthcare and Concord Medical. As the market leader in radiotherapy and diagnostic imaging centers in China, we will help pave the way for GE Healthcare's further penetration into the Chinese healthcare market. At the same time, we look forward to introducing GE Healthcare's renowned medical products in our treatment centers and facilities for Chinese patients."

About Concord MedicalConcord Medical operates the largest network of radiotherapy and diagnostic imaging centers in China, measured by revenues and the number of centers in operation. As of March 31, 2011, the Company operated a network of 121 centers with 68 hospital partners that spanned 46 cities and 24 provinces and administrative regions in China. Under long-term arrangements with top-tier hospitals in China, Concord Medical provides radiotherapy and diagnostic imaging equipment and manages the daily operations of these centers, which are located on the premises of its hospital partners. The Company also provides ongoing training to doctors and other medical professionals in its network of centers to ensure a high level of clinical care for patients. http://ir.concordmedical.comFor further information, contact:In ChinaTony Tian (English and Chinese)Concord Medical Services+86 10 5957 5287tony.tian@concordmedical.comTeal Willingham (English)Christensen+86 131 2179 3446twillingham@christensenir.comIn the USAKimberly Minarovich (English)Christensen+1 212 618 1978kminarovich@christensenir.comhttp://ir.concordmedical.com
'/>"/>

SOURCE Concord Medical Services Holdings Limited
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Concord Medical to Announce Second Quarter 2011 Financial Results on August 16, 2011
2. Concord Medical Declares Special Dividend
3. Concord Medical Services Files 2010 Annual Report on Form 20-F
4. Concord Medical Announces First Quarter 2011 Financial Results
5. Concord Medical Services Holdings to Present at Two Upcoming Conferences
6. Concord Medical to Report First Quarter 2011 Financial Results on Wednesday, May 18, 2011
7. Concord Medical to Report Fourth Quarter and Fiscal Year 2010 Financial Results on Monday, March 28, 2011
8. Concord Medical Services Holdings to Present at Two Upcoming Conferences
9. Concord Medical to Hold Annual General Meeting on December 11, 2010
10. Concord Medical Announces Second Quarter 2010 Financial Results
11. Concord Medical to Report Second Quarter 2010 Financial Results on Wednesday, August 18, 2010
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... , June 24, 2016  Global Blood Therapeutics, ... company developing novel therapeutics for the treatment of ... announced the closing of its previously announced underwritten ... at the public offering price of $18.75 per ... were offered by GBT. GBT estimates net proceeds ...
(Date:6/24/2016)... ALEXANDRIA, Va. , June 24, 2016 ... a set of recommendations that would allow ... information (HCEI) with entities that make formulary and coverage ... determine the "value" of new medicines. The ... that does not appear on the drug label, a ...
(Date:6/24/2016)... According to a new market ... Needles, Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, ... of Purchase (Retail, Non-Retail) - Trends & Global Forecasts ... market for the forecast period of 2016 to 2021. ... by 2021 from USD 1.65 Billion in 2016, growing ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet supplements owned by ... to enhance the health of felines. The formula is all-natural and is made from ... the PawPaws Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract ...
(Date:6/25/2016)... ... ... The temporary closing of Bruton Memorial Library on June 21 due to a possible lice ... overlooked aspect of head lice: the parasite’s ability to live away from a human host, ... a necessary one in the event that lice have simply gotten out of control. , ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... On Friday, ... presented a Bronze Wellness at Work award to iHire in recognition of their exemplary ... part of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI ...
(Date:6/24/2016)... ... ... a crisis. Her son James, eight, was out of control. Prone to extreme mood shifts ... upset him, he couldn’t control his emotions,” remembers Marcy. “If there was a knife ... and say he was going to kill them. If we were driving on the ...
(Date:6/24/2016)... Rhinebeck, NY (PRWEB) , ... June 24, 2016 , ... Topical BioMedics, Inc, makers of ... of companies that call for a minimum wage raise to $12 an hour by 2020 ... wage. This will restore the lost value of the minimum wage, assure the wage floor ...
Breaking Medicine News(10 mins):