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:4/24/2017)... 2017 Solentim, the developer of instrumentation ... of a major new product line called the ... VIPS has been developed for automatically seeding single ... part of the process to generate clonally-derived cell ... more reliable solution when compared to traditional single ...
(Date:4/20/2017)... , April 20, 2017 ... "Global Biosimilar Pipeline and Market Prospects: Addressing Production ... report to their offering. ... "Global Biosimilar Pipeline and Market Prospects: ... Design" provides an in-depth assessment of the current trends ...
(Date:4/20/2017)... April 20, 2017  AbbVie (NYSE: ABBV), a ... (n=145/146) of chronic hepatitis C virus (HCV) infected ... 6 and compensated cirrhosis (Child-Pugh A) achieved sustained ... ) with its investigational, pan-genotypic regimen of glecaprevir/pibrentasvir ... seen following 12 weeks of G/P treatment without ...
Breaking Medicine Technology:
(Date:4/28/2017)... ... April 28, 2017 , ... ... with the Home Care Association of America (HCAOA). This agreement allows HCAOA members ... services, as well as discounts on Accreditation University (AU) educational resources that help ...
(Date:4/28/2017)... (PRWEB) , ... April 28, 2017 , ... ... to announce the integration of Microsoft(R) Word(TM) Online(TM), which enables sleep physicians to ... since it streamlines the reporting process and provides a familiar interface that does ...
(Date:4/28/2017)... ... 2017 , ... Horizon Blue Cross Blue Shield of New Jersey (BCBSNJ) announced ... its outlook as “stable.” At the same time, the ratings agency cautioned that the ... dip below “capital adequacy” thresholds required for its strong rating. , “Horizon is committed ...
(Date:4/28/2017)... ... April 28, 2017 , ... GlycoMark, Inc. announced today ... throughout the Northeast U.S. , GlycoMark is the only clinically available blood ... provides a clinically proven one- to two-week measure of hyperglycemic excursions, often related ...
(Date:4/28/2017)... ... April 28, 2017 , ... Ushio America ... lamps offer an instant energy-saving solution for F32T8 fluorescent lamps on most instant-start ... ballasts. These 50,000 hour rated lamps utilize the existing electronic ballast, saving labor ...
Breaking Medicine News(10 mins):