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Beijing
United Family Hospital and Clinics Recognized for Excellence
in
Commitment to Quality
First Healthcare Network in Asia Accredited
by Joint Commission International |
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BETHESDA
,
MARYLAND - December 12, 2005 - Beijing United Family Hospital
and Clinics have recently earned accreditation from the Joint Commission
International, the worldwide leader in improving the quality of health
care.
Beijing
United Family Hospital ("Beijing United") is a unique foreign invested
international standard hospital in Beijing serving the international
community and elite private pay domestic patients. The hospital is
a joint venture between Chindex International and the Union Pharmaceutical
Company of the Chinese Academy of Medical Sciences. From its conception
Beijing United designed its facilities and service offerings to meet
stringent international standards. The recent achievement of recognition
by the international accreditation organization is a measure of proof
that the organization has achieved a level of world class quality
and is committed to ongoing quality improvement. The hospital's two
affiliated clinics situated in Shunyi at the Pinnacle Plaza and in
downtown Beijing at the St. Regis Hotel Complex were also accredited
by the Commission.
Beijing
United Family Hospital and Clinics is the first integrated health
system in Asia to achieve accreditation by the Joint Commission.
The
Commission's on-site evaluations of Beijing United Family Hospital
and Clinics were concluded in September 2005 and were conducted by
a team of international health care experts, including a doctor, nurse
and administrator.
"We
sought accreditation because we want to provide the best care for
our patients," commented Roberta Lipson , Chairman of Beijing United
Family Hospital and Clinics and CEO of Chindex International. "Earning
accreditation from the Joint Commission International is another step
toward excellence."
Rex
Hancock , Director of Quality for the hospital and clinics, notes
that accreditation is attainable only through collaboration among
all organization staff members: "Providing high quality care is a
team effort that gives employees a feeling of prestige and patients
a feeling of confidence."
Although
the Joint Commission is not officially recognized as an accreditation
body by the Chinese Government, the Commission's uniform, high standards
for patient care and safety are designed to be adaptable to local
legal and cultural factors.
"Health
care organizations around the world want to create environments that
focus on quality, safety and continuous improvement," says Karen
Timmons, Chief Executive Officer, Joint Commission International.
"Accreditation meets this demand by stimulating continuous, systematic
improvements in an organization's performance and the outcomes of
patient care. The community should be proud that United Family Hospitals
and Clinics has made a commitment to quality and safety."
About
Chindex International, Inc.
Chindex
is an American healthcare company
which owns and operates the only foreign invested and managed international
standard hospitals and affiliated ambulatory clinics in the People's
Republic of China serving both International and Chinese patients
with premium quality and service.
The
company also distributes medical equipment the Chinese marketplace,
including Hong Kong . It sells medical equipment produced by a number
of major multinational companies including Siemens AG as its exclusive
distribution partner for the sales and servicing of color doppler
ultrasound systems. It also arranges financing packages for the supply
of medical equipment to hospitals in China utilizing the export loan
and loan guarantee programs of both the U.S. Export-Import Bank and
the German KfW Development Bank. It provides healthcare services through
the operations of its network of private primary care hospitals and
affiliated ambulatory clinics in China . With twenty-four years of
experience, over 1,000 employees, and operations in the United States
, China and Hong Kong , the Company's strategy is to expand its cross-cultural
reach by providing leading edge healthcare technologies, quality products
and services to Greater China's professional communities. Further
company information may be found at the Company's websites, www.chindex.com
and www.unitedfamilyhospitals.com
.
Some
of the information in this press release may contain statements regarding
future expectations, plans, prospects for performance of the Company
that constitute forward-looking statements for purposes of the safe
harbor provisions of The Private Securities Litigation Reform Act
of 1995. The Company cannot guarantee future results, levels of activity,
performance or achievements. The numbers discussed in this press release
also involve risks and uncertainties. The following factors, among
others, could cause actual results to differ materially from those
described by such statements: our ability to manage our growth and
maintain adequate controls, our ability to obtain additional financing,
the loss of services of key personnel, general market conditions including
inflation or foreign currency fluctuations, our dependence on relationships
with suppliers, the timing of our revenues and fluctuations in financial
performance, the availability to our customers of third-party financings,
product liability claims and product recalls, competition, hiring
and retaining qualified sales and service personnel, management of
inventory, relations with foreign trade corporations, dependence on
sub-distributors and dealers, completion and opening of healthcare
facilities, attracting and retaining qualified physicians and other
hospital personnel, regulatory compliance, the cost of malpractice,
our dependence on our information systems, the economic policies of
the Chinese government, the newness and undeveloped nature of the
Chinese legal system, the regulation of the conversion of Chinese
currency, future epidemics in China such as SARS or Avian Flu, the
control over our operation by insiders, continuity of relationships
and variability of financial margins with existing suppliers, our
liquidity and availability of capital resources to meet cash requirements,
including capital expenditures and bid and performance bonds, and
those other factors contained in the section titled "Risk Factors"
as set forth in the Company's Registration Statement on Form S-3 (File
No. 333-114996) filed with the Securities and Exchange Commission,
as well as other documents that may be filed by the Company from time
to time with the Securities and Exchange Commission. The forward-looking
statements and numbers contained herein represent the judgment of
the Company, as of the date of this press release, and the Company
disclaims any intent or obligation to update such forward-looking
statements to reflect any change in the Company's expectations with
regard thereto or any change in events, conditions, or circumstances
on which such statements are based.
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