Georgia Healthcare Group PLC GHG launches a new ambulatory cluster (8323S)
28 December 2016 - 6:00PM
UK Regulatory
TIDMGHG
RNS Number : 8323S
Georgia Healthcare Group PLC
28 December 2016
London, 28 December 2016
Georgia Healthcare Group launches a new ambulatory cluster in
West Georgia
Georgia Healthcare Group PLC (the "Group" or "GHG") announces
that it has launched a new ambulatory cluster in Batumi, the
largest city in Adjara region, West Georgia. The ambulatory cluster
covers a population of c.150,000. Like the other ambulatory
clusters, 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 Batumi ambulatory cluster is consistent with
the Group's strategy to grow its healthcare services business
through rolling-out a network of new ambulatory clinics across
Tbilisi and in other major cities in Georgia. GHG now operates a
total of nine ambulatory clusters, of which six are located in
Tbilisi, the capital city, one in Kutaisi, the second largest city
in Georgia, one in Zugdidi and one in Batumi.
Name of authorised official of issuer responsible for making
notification:
Ekaterina Shavgulidze, 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 eight ambulatory clusters
(consisting of 11 district ambulatory clinics and 28 express
ambulatory clinics), as at 30 September 2016. GHG is the single
largest market participant, accounting for 23.0% of total hospital
bed capacity in the country, as of 30 September 2016. GHG is the
third largest pharmaceuticals retailer and wholesaler in Georgia,
approximately 15% market share by revenue, as of 31 December 2015.
GHG is also the largest provider of medical insurance in Georgia
with a 35% market share based on net insurance premiums earned and
approximately 208,000 insurance customers as at 30 September 2016.
GHG employed a total of c.12,500 people as at 30 September 2016,
including 3,140 physicians and 730 pharmacists.
For further information, please visit www.ghg.com.ge or
contact:
Nikoloz Gamkrelidze David Vakhtangishvili Ekaterina (Eka)
Shavgulidze
CEO CFO Head of Investor
Relations
+995 322 550505 +995 322 550505 +995 322 444
(5077) (4810) 205
ngamkrelidze@ghg.com.ge dvakhtangishvili@ghg.com.ge ir@ghg.com.ge
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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