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Tendcare Medical Raises $40 Million to Expand China Hospital Portfolio

publication date: Sep 18, 2015
Tendcare Medical Group, a China private hospital operator, received a $40 million investment from Olympus Capital Asia, a private equity company. Tendcare, also known as Tian Jian Hua Xia Medical Group, currently operates six hospitals totaling over 2,400 beds, four pharmacies, two medical equipment companies and 17 clinics across five cities in China. The company will use the money to complete the acquisition of several additional hospitals, a process that is already under way. More details....

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