Columbia China reopens orthopedic hospital in Shanghai

 26-Oct-16, Business Wire

Columbia China is celebrating the reopening of the 232-bed Shanghai Kaiyuan Orthopedic Hospital as an Orthopedic Center of Excellence operating at international standards.

Image: Columbia China

Columbia China spent USD75 mn (RMB500 mn) to acquire and retrofit the Kaiyuan hospital in Shanghai’s Pudong District.

The reopening is part of Columbia China’s plans to expand in China through both acquisitions and greenfield projects and to provide China’s growing middle-class population with affordable, patient-centered care across a spectrum of healthcare and senior services.

“While we aggressively develop our own hospitals from the ground up, we are also always looking for opportunities to acquire hospitals and use our decades of healthcare experience to upgrade the building, services, technology and training to international standards,” said Nate McLemore, Managing Director of Columbia Pacific Management, one of Columbia China’s parent companies.

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