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Georgia Healthcare Acquires a District Polyclinic in Tbilisi.

M2 EQUITYBITES-December 29, 2017-Georgia Healthcare Acquires a District Polyclinic in Tbilisi

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29 December 2017 - UK-based, Georgia-focused healthcare services provider Georgia Healthcare Group plc (LSE: GHG) has acquired a new district Polyclinic (outpatient clinic) in Tbilisi, with c.31,000 registered patients, the company said.

This is the second GHG Polyclinic in the Mtatsminda neighbourhood, covering a population of around 105,000. The Polyclinic caters to all age groups and provides a range of outpatient services, including general practitioner and specialist physician consultations.

The Polyclinic acquisition is consistent with the Group's strategy to grow its healthcare services business through rolling-out a network of Polyclinics across Tbilisi and in other major cities in Georgia.

GHG operates a total of 12 Polyclinic clusters, of which eight are located in Tbilisi, the capital city, and four in the regions.

Georgia Healthcare is a UK incorporated holding company of the largest healthcare services provider in the predominantly privately-owned, Georgian healthcare services market.

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Date:Dec 29, 2017
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