Chindex International, Inc. Announces Opening of the Guangzhou UFH Center
Monday, October 06, 2008 4:37 PM
Symbols: CHDX

- Clinic Expected to Provide a Gateway to the Profitable Guangzhou Market -

BETHESDA, Md., Oct. 6 /Xinhua-PRNewswire/ -- Chindex International, Inc. (Nasdaq: CHDX), a leading independent American provider of western healthcare products and services in the People's Republic of China, announced today that United Family Healthcare (UFH) made its entry into the Southern China market with the receipt of the healthcare practice license for its new Guangzhou United Family Health Center.

Patient care at the clinic is expected to commence this week, with the first patients scheduled to arrive on Wednesday, October 8. The Company will hold an official ribbon-cutting ceremony to mark this momentous opening on October 21.

Chindex CEO Roberta Lipson commented, 'Guangzhou is a vibrant city of over ten million people. Its sizeable international business community has fostered phenomenal economic growth. We expect the clinic to appeal to local Chinese and expatriate professionals employed at one of the many multi- national enterprises in the area and in the local business community. As one of the fastest growing cities in China - GDP grew at 14.5% last year - Guangzhou is ready to embrace a new standard of healthcare.'

Lipson continued, 'The Guangzhou Clinic will spearhead a model of evidence-based integrative medicine which merges the best of Western healthcare with the best of Traditional Chinese Medicine (TCM). Market research has shown an especially large demand for TCM services in South China and a growing demand for integrated services in China as a whole. The opening of the Guangzhou outpatient facility is an important step in our long-term expansion plan to open hospitals and clinics in the fastest growing major cities of the People's Republic of China.


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