Chindex International, Inc. Announces Opening of Latest Premium Hospital in Tianjin
Adds 26 Licensed Beds to UFH Network
Begins Seeing Patients This Week
U.S. Ambassador to China Attends Opening Ceremony
BETHESDA, Md., Dec. 19, 2011 /PRNewswire-Asia/ -- Chindex International, Inc. (NASDAQ: CHDX), an American health care company providing health care services in China through the operations of United Family Healthcare, a network of private primary care hospitals and affiliated ambulatory clinics, today announced the official opening of its Tianjin United Family Hospital ("TJU"), one of the latest development projects of the United Family Healthcare ("UFH") network. The Company held an opening and ribbon-cutting ceremony for TJU on December 16, 2011, which was attended by distinguished guests including Mr. Gary Locke, the U.S. Ambassador to People's Republic of China.
TJU is expected to begin seeing patients this week and gradually ramp up through phased openings throughout the full year of 2012. The 26-licensed bed, 75,000 square foot new facility will provide both inpatient and outpatient services. Inpatient services offer two state-of-the-art operating theaters, including a class-100 air quality operating room that meets the highest air purification standards and is equipped to perform a broad range of surgeries. Outpatient services include Primary Care, Obstetrics and Gynecology (OBGYN), Pediatrics, Dental Services, Emergency, and other supporting departments including a laboratory and radiology department, among others. As part of the UFH network, TJU will offer patients convenient direct billing options with well-established international insurance companies.
Ambassador Locke commented, "We are proud of United Family Healthcare's achievements in China. The opening of Tianjin United Family Hospital is the result of a growing partnership between China and the U.S. in expanding the horizons of healthcare. We hope to continue to see such cooperation between the two countries, especially in the healthcare industry."
Roberta Lipson, President and CEO of Chindex, said, "The official opening of TJU marks a key milestone in our latest development projects. We believe Tianjin offers a compelling market opportunity. The city has seen rapid economic and social progress in recent years and is home to a growing international community. TJU is the first and only foreign-operated, full-service hospital in Tianjin. We are excited to bring the premium healthcare model of the UFH network to this growing cosmopolitan center to meet its growing demand for international-standard healthcare services and establish ourselves as a champion of Tianjin's efforts to bring world class services to its citizens. Moving forward, we will continue to seek new development opportunities in Tianjin based on operating capacity needs and Tianjin's continued economic development."
About Tianjin United Family Hospital (TJU)
Tianjin United Family Hospital ("TJU") is Tianjin's first and only foreign-invested, comprehensive healthcare facility. United Family Healthcare ("UFH") is China's largest U.S.-invested healthcare network with hospitals and clinics in Beijing, Shanghai, Guangzhou and Wuxi. TJU is a UFH hospital, providing Tianjin residents with compassionate, patient-centered healthcare services that are compliant with stringent international standards. The hospital specializes in urgent care, Family Medicine, Obstetrics & Gynecology, Pediatrics and Dental services as well as premium inpatient services. TJU has established direct-billing relationships with international insurance companies for the convenience of its patients. TJU staff welcomes any inquiries or appointment requests. To contact TJU, please call (022) 5856 8500 or (022) 5856 8200.
About United Family Healthcare (UFH)
United Family Healthcare (UFH) is the healthcare services division of Nasdaq-listed Chindex International Inc. (Nasdaq: CHDX). After nearly 15 years in China, UFH has established itself in Beijing, Shanghai, Tianjin and Guangzhou as the provider of choice for those in China who want the very best in personalized healthcare. UFH constantly strives for quality, safety and service excellence. For more information about UFH, please visit www.ufh.com.cn.
About Chindex International, Inc.
Chindex is an American healthcare company providing healthcare services in China through the operations of United Family Healthcare, a network of private primary care hospitals and affiliated ambulatory clinics. United Family Healthcare currently operates in Beijing, Shanghai and Guangzhou. The Company also provides medical capital equipment and products through Chindex Medical Ltd., a joint venture company with manufacturing and distribution businesses serving both domestic China and export markets. With thirty years of experience, the Company's strategy is to continue its growth as a leading integrated healthcare provider in the Greater China region. Further company information may be found at the Company's website at http://www.chindex.com.
Safe Harbor Statement
Statements made in this press release relating to plans, strategies, objectives, economic performance and trends and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, the factors set forth under the heading "Risk Factors" in the Company's Transition Report on Form 10-K for the nine months ended December 31, 2010, updates and additions to those "Risk Factors" in the Company's interim reports on Form 10-Q, Forms 8-K and in other documents filed by us with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue" or similar terms or the negative of these terms. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Ashley De Simone
SOURCE Chindex International, Inc.
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