Chindex

Chindex was founded in 1981 by Roberta Lipson and Elyse Beth Silverberg, two young American women who had moved to China in the late 1970s, following re-establishment of diplomatic and commercial relations between the US and China, to establish a cross-cultural bridge in the early days of China’s commercial opening to the West. Their vision was to bring all varieties of advanced Western healthcare technologies to China and provide excellent customer service to buyers and suppliers alike. Their motivation went well beyond the bottom line, to improving the lives of Chinese people. Chindex is comprised of two business divisions. The Healthcare Services Division consists of the Company’s Western-style hospital network, United Family Healthcare (UFH). The first UFH hospital in Beijing commenced operations in late 1997, and is still the only facility of its kind in Beijing. UFH operations in Shanghai commenced services in 2004. UFH facilities in Beijing and Shanghai currently consist of a full-service acute care hospital with on-site outpatient clinics in each city, with two satellite clinics in Beijing and one satellite clinic in Shanghai, providing patients with a full range of inpatient and outpatient services. Chindex expanded into its third major market with the opening of a clinic in Guangzhou in 2009, with plans to expand operations into a full-service hospital in 2012. The Medical Products Division (MPD) has been active in the marketing, distribution and service of medical capital equipment and instrumentation in mainland China since the Company’s founding in 1981. In the mid-1990s the business expanded to include Hong Kong. Today, Chindex has the ability to conduct this business both through U.S. dollar contracts to the Chinese hospital system, and through local currency transactions to hospitals and dealers utilizing the Company’s distribution services platform, which operates through Chindex wholly foreign-owned subsidiaries.