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:10/4/2017)... , Oct. 4, 2017  South Korean-based healthcare product ... training aide "cprCUBE" on Kickstarter. The device will educate ... cardiac arrests with better efficiency compared to the dated ... real-time feedback on efficacy of the compression for a ... has a goal to raise $5,000. ...
(Date:10/2/2017)... , Oct. 2, 2017  AllianceRx Walgreens Prime, ... formed by Walgreens and pharmacy benefit manager Prime Therapeutics ... new brand, which included the unveiling of new signage ... , as well as at a few other company-owned ... new brand to patients, some of whom will begin ...
(Date:9/27/2017)...  Commended for their devotion to personalized service, SMP Pharmacy ... one in the South Florida Business Journal,s 50 Fastest-Growing Companies, ... list, the national specialty pharmacy has found its niche.  To ... soon be honored by SFBJ as the 2017 Power Leader ... to receive his award in October, Bardisa said of the ...
Breaking Medicine Technology:
(Date:10/13/2017)... York, NY (PRWEB) , ... October 13, 2017 , ... ... influential people in business to advocate for action towards gender equality at their inaugural ... views from around the globe, and reached a social audience of over 3 million. ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the Mountains ... possible to save lost souls in the Philippines. “The Journey: From the Mountains to ... dedicated teacher of the Bible. She has taught all ages and currently teaches a ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... the demand of today’s consumer and regulatory authorities worldwide. From Children’s to Adults ... tested to meet the highest standard. , These products are also: Gluten ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa Mohebi, the ... medical article to the newly revamped Cosmetic Town journal section, featuring ... transplant procedure known as Follicular Unit Extraction (FUE). , Dr. Mohebi ...
(Date:10/12/2017)... ... October 12, 2017 , ... Health Literacy ... health literacy software tool, and the Cancer Patient Education Network (CPEN), an independent ... today announce a new strategic alliance. , As CPEN’s strategic partner, HLI ...
Breaking Medicine News(10 mins):