Concord Medical Services Holdings Ltd.
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Concord Medical Services Holdings Limited provides radiotherapy and diagnostic imaging equipment, clinical support services, and hospital management services to hospitals in China. The company operates a network of radiotherapy and diagnostic imaging centers in partnership with hospitals, providing cancer treatment and diagnostic imaging services. Concord Medical also distributes medical equipment and provides training and technical support. The company operates through segments including Network (radiotherapy centers), Hospital Management (hospital operations management), and other services. Founded in 1997 and headquartered in Beijing, China, Concord Medical has built one of China's largest networks of hospital-based radiotherapy centers. The company benefits from China's growing healthcare needs, increasing cancer incidence, and limited radiotherapy capacity in many regions. Concord Medical has faced governance controversies, accounting concerns, and trading suspensions in the past. The company operates in China's evolving healthcare system with regulatory complexities, reimbursement challenges, and competitive dynamics. Concord Medical continues to expand its radiotherapy network and hospital management services to address growing healthcare demands in China.