25th Oct 2017 07:00
London, 25 October 2017
Georgia Healthcare Group launches a new Polyclinic cluster in East Georgia
Georgia Healthcare Group PLC (the "Group" or "GHG") announces that it has launched a new Polyclinic (outpatient clinic) cluster in Marneuli (the "Cluster"), East Georgia. The Cluster covers a population of c.105,000. Like the other Polyclinics, it caters to all age groups and provides a wide range of outpatient services, including general practitioner and specialist physician consultations, imaging and functional diagnostics, as well as clinical, biochemical and serological laboratory tests.
The launch of the Marneuli Polyclinic is consistent with the Group's strategy to grow its healthcare services business through rolling-out a network of new Polyclinics across Tbilisi and in other major cities in Georgia. GHG now operates a total of 11 Polyclinic clusters, of which seven are located in Tbilisi, the capital city, and four in the regions.
Name of authorised official of issuer responsible for making notification:
Ketevan Kalandarishvili, Head of Investor Relations
About Georgia Healthcare Group PLC
Georgia Healthcare Group PLC is a UK incorporated holding company of the largest healthcare services provider in the fast-growing, predominantly privately-owned, Georgian healthcare services market. GHG's leadership position is underpinned by offering the most comprehensive range of inpatient and outpatient services targeting the mass market segment through its vertically integrated network of 35 hospitals and ten Polyclinic clusters (consisting of 13 district Polyclinics and 24 express outpatient clinics), as at 30 June 2017. GHG is the single largest market participant, accounting for 24.6% of total hospital bed capacity in the country, as of 30 June 2017. From January 2017, GHG become the largest pharmaceuticals retailer and wholesaler in Georgia, with approximately 29% market share based on 31 December 2015 revenue figures. GHG is the second largest provider of medical insurance in Georgia with a 30.9% market share based on net insurance premiums earned and approximately 135,000 insurance customers as at 30 June 2017. GHG employed a total of c.14,800 people as at 30 June 2017, including c.3,400 physicians.
For further information, please visit ghg.com.ge or contact:
Nikoloz Gamkrelidze | Irakli Gogia | Ketevan Kalandarishvili |
CEO | CFO | Head of Investor Relations |
+995 322 550505 (5077) | +995 322 550505 (5088) | +995 322 550505 (5079) |
This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities
Related Shares:
GHG.L