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Last $5.14 USD
Change Today +0.08 / 1.58%
Volume 50.5K
CCM On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Tower A, Global Trade Center

18th Floor

36 North Third Ring Road East

Dongcheng District

Beijing, 100013

China

Phone: 86 10 5903 6688

Fax: 86 10 5957 5252

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers. As of December 31, 2014, its network comprised 139 centers based in 80 hospitals, spanning 56 cities across 25 provinces and administrative regions in China. Service Offerings in Network Each of the centers in its network is equipped with a primary unit of medical equipment, such as a linear accelerator, head gamma knife system, body gamma knife system, PET-CT scanner or MRI scanner. Linear Accelerators External Beam Radiotherapy As of December 31, 2014, the company owned 30 linear accelerators. Linear accelerators use microwave technology to deliver a high-energy X-ray beam directed at the tumor. Linear accelerators are used to treat tumors in the brain or elsewhere in the body. A typical course of treatment given to a patient ranges from 20 to 40 daily sessions and with each session lasting for 10 to 20 minutes. Linear accelerators are also integrated with specialized computer software and advanced imaging and detection equipment to provide advanced treatments. Such advanced treatments include three-dimensional conformal radiation therapy, which uses imaging equipment to create detailed, three-dimensional representations of the tumor and surrounding organs. Gamma Knife Radiosurgery A gamma knife is used in radiosurgery for the treatment of tumors and other abnormal growths. A gamma knife uses multiple radiation sources, which differentiates it from traditional radiotherapy where only a single radiation source is used. These radioactive sources, which are cobalt-60, a radioactive isotope, emit gamma rays that are passed through a collimator unit to produce a highly-focused beam of radiation. In addition, the gamma knife procedure usually involves shorter patient hospitalization. The company’s network of centers operates two types of gamma knife systems, head gamma knife systems and body gamma knife systems. As of December 31, 2014, the company owned 37 gamma knife systems, including 24 head gamma knife systems and 13 body gamma knife systems. Head Gamma Knife Systems Head gamma knife systems are primarily used for the treatment of brain tumors. The treatment is typically completed in 10 to 30 minute session rather than in multiple daily sessions spanning several weeks during which time small doses of radiation are given at each session. Head gamma knife systems are also used to treat other conditions, such as certain types of brain lesions, trigeminal neuralgia (facial pain) and arteriovenous malformations (abnormal connection between veins and arteries). Body Gamma Knife Systems Body gamma knife systems are used for the treatment of tumors located in the body but outside of the brain. Treatments using the body gamma knife are provided over a course of multiple sessions spanning several weeks. The radiation that converges from the individual beams is less concentrated than in head gamma knife systems due to the difficulty of fixing and restricting the movement of the body. This technology was developed domestically and approved by the PRC State Food and Drug Administration (SFDA). Cyberknife The CyberKnife Robotic Radiosurgery System is a non-invasive alternative to surgery for the treatment of both cancerous and non-cancerous tumors anywhere in the body, including the prostate, lung, brain, spine, liver, pancreas and kidney. The CyberKnife System is a robotic radiosurgery system designed to treat tumors throughout the body non-invasively. It provides a pain-free, non-surgical option for patients who have inoperable or surgically complex tumors, or who may be looking for an alternative to surgery. As of December 31, 2014, the company has two Cyber-knife centers in China. The company’s CyberKnife Robotic Radiosurgery System (the CyberKnife System) is located in Changhai Hospital, which has treated approximately 928 patients in 2014. The company’s second Cyber-knife center is in Jinan City of Shandong Province. Proton Beam Therapy Proton beam therapy is a form of external beam radiotherapy that uses beams of protons rather than the x-ray beams used by linear accelerators. Diagnostic Imaging The company’s network of centers employs a range of diagnostic imaging equipment. Such equipment includes some of the diagnostic imaging technology available in China, including PET-CT scanners. A PET-CT scanner is a device that combines a positron emission tomography, or PET, scanner and a computed tomography, or CT, scanner in one unit. Other diagnostic imaging services offered in its centers include MRI. Other Treatment and Diagnostic Modalities The company’s network also includes centers that provide other treatments and diagnostic services through the use of other types of medical equipment. Such equipment includes CT, ECT, electroencephalography for the diagnosis of epilepsy, thermotherapy to increase the efficacy of and for pain relief after radiotherapy and chemotherapy, high intensity focused ultrasound therapy for the treatment of cancer, stereotactic radiofrequency ablation for the treatment of Parkinson’s Disease and refraction and tonometry for the diagnosis of ophthalmic conditions. Competition The centers in the company’s network compete primarily on a regional or local basis with government-owned and private hospitals that offer radiotherapy and diagnostic imaging services either directly or in conjunction with third parties, such as China Renji Medical Group Ltd. and Jiancheng Investment Co. History Concord Medical Services Holdings Limited was founded in 1996.

 

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