Chinese Company Acquires 20% Interest in MD Anderson Proton Therapy Center

Concord Medical Services Holdings, a Beijing-based network of radiotherapy and diagnostic imaging centers, has acquired a 19.98 percent indirect ownership interest in the The University of Texas MD Anderson Cancer Center Proton Therapy Center.

Advertisement

Under the agreement, Concord Medical will join the board of PTC-Houston Management, the general partner and facility manager of the MD Anderson Proton Therapy Center.

Financial terms of the agreement were not disclosed.

More Articles on MD Anderson:

Banner MD Anderson Cancer Center Plans $62.6M Expansion Project in 2013
Community Health Network Hospitals to Affiliate With MD Anderson Cancer Network

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.