3rd Nov 2017 07:00
London, 3 November 2017
Georgia Healthcare Group launches an inpatient department in West Georgia Oncology Centre
Georgia Healthcare Group PLC (the "Group" or "GHG") announces that it has launched an inpatient department at West Georgia Oncology Centre ("Oncology Centre"). The Oncology Centre is a part of the Kutaisi Regional Referral Hospital and represents the largest oncology healthcare facility in western Georgia. Equipped with the latest medical equipment, the Oncology Centre has recently renovated 50 beds. The inpatient department will enable the West Georgia population of c.1 million to receive a full range of oncological treatments, including: onco-surgery, laparoscopic surgery, endoscopic surgery, radiotherapy and radiosurgery without leaving the region.
"I am delighted to announce the launch of another project to support our strategy to further develop new, high-quality medical services in Georgia, particularly focusing on higher margin elective care services. The new inpatient department will enable the population to receive high-quality oncology treatments under the supervision of leading Georgian doctors. In total this year, we have launched more than 30 new elective care services in Georgia to cover existing medical service gaps." commented Nikoloz Gamkrelidze, CEO of Georgia Healthcare Group.
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