Concord Medical Services, operator of a network of radiotherapy and diagnostic imaging centers in China, announced that it has signed a memorandum of understanding with GE Healthcare through GE subsidiaries, General Electric International Operations and GE Medical Systems Trade and Development, to form a preferred strategic partnership in China.
Under the terms of the agreement, Concord and GE have agreed to cooperate in academic and marketing programs, and they plan to jointly organize seminars and conferences in China to create more opportunities for scientific exchanges. Concord will partner with GE to enter and expand into rural and primary care markets in China through financial leasing or other mutually beneficial business strategies, Concord said.
The new partnership also includes a preferred supplier relationship, in which Concord Medical will be able to purchase GE's healthcare products, including imaging equipment, monitoring devices, healthcare IT and clinical department packages, telemedicine, electronic medical records (EMRs), and hospital integration platforms, Concord said.
Concord operates a network of 121 centers with 68 hospital partners across China, the company said.
