Hygeia Healthcare Holdings Co., Ltd, a Shanghai-based medical investment and healthcare group, has announced the completion of an acquisition, securing a 100% stake in Chang An Hospital, a state-owned Class 3A general hospital. The transaction, which is reported to have already been finalized, involved a consideration of approximately RMB 1.66 billion (USD 230 million).
Chang An Hospital is recognized for its key departments specializing in oncology, cardiology, gastroenterology, urology, and psychosomatic medicine. Hygeia Healthcare, established in 2009, is a Sino-US medical investment group that has strategically built a national network focused on oncology hospitals and radiotherapy centers through a combination of organic growth, acquisitions, and partnerships with hospitals.- Flcube.com
