"Concord Medical has been a valuable & strategic partner with PTCH since 2012," said John Styles, Jr., CEO and Manager of the center. "We look forward to working closely with Concord Medical's team to expand our presence and benefit more patients in China. Our partnership is dedicated to assisting MD Anderson in achieving its goal of 'Making Cancer History'."
Opened in 2006, MD Anderson Proton Therapy Center was the fourth proton treatment center in the U.S. Since it's opening, the center has treated more than 6,000 patients, accounting for 15% of the total number of patients who received proton treatment nationally.
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Wilson Sonsini Goodrich & Rosati represented Concord Medical as its legal advisor in the acquisition.
About Concord Medical
Concord Medical Services Holdings Limited is a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China. As of March 31, 2015, the Company operated a network of 132 centers with 77 hospital partners that spanned 54 cities and 25 provinces and administrative regions in China. Under long-term arrangements with top-tier hospitals in China, the Company 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. As part of its high-end cancer hospital development strategy and oversea business extension, the Company acquired Fortis Surgical Hospital, a private hospital in Singapore in April, 2015. For more information, please see http://ir.concordmedical.com.
About MD Anderson
The University of Texas MD Anderson Cancer Center in Houston ranks as one of the world's most respected centers focused on cancer patient care, research, education and prevention. The institution's sole mission is to end cancer for patients and their families around the world. MD Anderson is one of only 44 comprehensive cancer centers designated by the National Cancer Institute (NCI). MD Anderson is ranked No. 1 for cancer care in the U.S. News & World Report's "Best Hospital's" survey. It has ranked as one of the nation's top two hospitals since the survey began in 1990, and has ranked first 11 of the past 14 years. MD Anderson receives a cancer center support grant from the NCI of the National Institutes of Health (P30 CA016672).
