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Sinophi Signs LOI with Huaiyin District and Huai’an First People’s Hospital to build a 1,000 bed Regional Oncology Hospital

December 2nd, 2013

In Beijing today, Sinophi Healthcare signed a Letter of Intent with Huai Yin District, Huai’an City and Huai’an First People’s Hospital to build a 1,000 led regional oncology hospital. 

Sinophi Healthcare Chairman Simon MacKinnon signed the LOI with Mr Dong Yangwei (Executive Vice-Director of Huaiyin District Municipal Government) and President Sun Xiaoyang of Huai’an First People’s Hospital.  The signing took place at the Grand Hyatt Hotel in Beijing during the visit of UK Prime Minister Cameron to China to attend the UK-China Summit.

The signing was witnessed by Lord Livingston, UK Minister of State for Trade and Industry, Mr Tang Daolun, Vice Mayor of Huai’an Municipal People’s Government, and Dr Catherine Raines (Minister and Director-General of UKTI China).   

Signing of Letter of Intent in Beijing between Huaiyin District Municipal Government, Huai’an First People’s Hospital and Sinophi Healthcare to build a 1,000 bed regional oncology hospital in Huai’an, Jiangsu Province

Seated (L to R):  Dong Yangwei (Executive Vice-Director of Huaiyin District Municipal Government), Dr Sun Xiaoyang (President, Huai’an First People’s Hospital) and Simon MacKinnon (Chairman, Sinophi Healthcare)

Sinophi Healthcare Chairman Simon MacKinnon stated: “The signing of this agreement is an exciting opportunity to bring together UK and Chinese expertise in cancer treatment to build a world-class cancer hospital in Huai’an City.  The hospital will serve 20 million-plus patients in northern Jiangsu.  We are very grateful for the support the project has received from our partners, from Huai’an City Government, Jiangsu provincial authorities and from the UK Government, UKTI and Healthcare UK.   

President Sun Xiaoyang of HAFPH stated: “HAFPH continues to develop its facilities to serve the people of Huai’an and neighbouring areas.  We look forward to working with Sinophi to build this regional oncology hospital, bringing in expertise from the UK for its design, development and operation including clinical and operational capabilities from the UK’s NHS system.” 

Huai’an City

Located in Jiangsu Province in East China, Huai’an City is a fast growing city with an urban population of over 2.5 million and an additional 3 million population in its rural areas.  Sited on the Grand Canal connecting Beijing with Hangzhou (close to Shanghai), it has a long history as a trading and cultural center.  

Huai’an First People’s Hospital

HAFPH is one of north Jiangsu’s leading general hospitals.  Located in the city of Huai’an (urban population 2.5m, total population over 5.5m) in the province of Jiangsu (population of over 80 million) next to Shanghai in East China, HAFPH was founded in 1950.  On completion of current expansion, HAFPH will have over 3,000 beds, with well known specialty departments including oncology, cardiovascular, neurology and gastroenterology. 

Sinophi Signs LOI with Hongze County Municipal Government to Acquire Hongze TCM Hospital

December 2nd, 2013

In Beijing today, Sinophi Healthcare signed a Letter of Intent with Hongze County Municipal Government to acquire Hongze TCM Hospital in Huai’an City, Jiangsu Province.

Sinophi Healthcare Chairman Simon MacKinnon signed the LOI with Mr Liu Zeyu, Governor of Hongze County, Huai’an Municipal People’s Government and Dr Zhou Baoxiang, President of Hongze TCM Hospital.  The signing took place at the Grand Hyatt Hotel in Beijing during the visit of UK Prime Minister Cameron to China to attend the UK-China Summit.

The signing was witnessed by Lord Livingston, UK Minister of State for Trade and Industry, Mr Tang Daolun, Vice Mayor of Huai’an Municipal People’s Government, and Dr Catherine Raines (Minister and Director-General of UKTI China).

Signing of Letter of Intent in Beijing between Hongze County Municipal Government, Hongze TCM Hospital and Sinophi Healthcare to acquire Hongze TCM Hospital.

Standing (L to R):  Liu Zeyi (Governor of Hongze County Municipal Government), Dr Zhou Baoxiang (President, Hongze TCM Hospital) and Simon MacKinnon (Chairman, Sinophi Healthcare).

Sinophi Healthcare Chairman Simon MacKinnon stated “the signing of this agreement with Hongze District Government marks an important step in the healthcare partnership between Sinophi Healthcare and Huai’an City.  We will be moving forward with Hongze District Government and Hongze TCM Hospital to purchase the hospital next year.  Sinophi will be working with UK company and NHS partners, bringing together UK and international expertise with our hospital management partner (Huai’an First People’s Hospital)’s well established reputation and skills in north Jiangsu province in East China.  We are very grateful for the strong support we have received from both the Huai’an Municipal People’s Government and from UK Government, especially UKTI, FCO and Healthcare UK.”  

Hongze County Governor, Mr Liu Zeyu commented: “We are delighted to welcome Sinophi to invest in Hongze TCM Hospital as part of delivering further improvements to the local healthcare system and improved healthcare for the people of Hongze.”

Lord Ian Livingston (UK Secretary of State for Trade and Industry) and Tang Daolun (Vice Mayor of Huai’an Municipal People’s Government), (3rd and 4th frm left) celebrate the signing of the LOI to acquire Hongze TCM Hospital with members of the Hongze District Municipal Government, Huai’an City officials and Sinophi Healthcare at the UK-China Summit in Beijing

Huai’an City

Located in Jiangsu Province in East China, Huai’an City is a fast growing city with an urban population of over 2.5 million and an additional 3 million population in its rural areas.  Sited on the Grand Canal connecting Beijing with Hangzhou (close to Shanghai), it has a long history as a trading and cultural center.   

Huai’an First People’s Hospital

HAFPH is one of north Jiangsu’s leading general hospitals.  Located in the city of Huai’an (urban population 2.5m, total population over 5.5m) in the province of Jiangsu (population of over 80 million) next to Shanghai in East China, HAFPH was founded in 1950.  On completion of current expansion, HAFPH will have over 3,000 beds, with well known specialty departments including oncology, cardiovascular, neurology and gastroenterology.

Sinophi Signs Joint Venture with Huai’an First People’s Hospital to do Hosptial Management in China

December 2nd, 2013

Sinophi today signed a joint venture in Beijing with Huai’an First People’s Hospital (HAFPH) to do hospital management in China.   

Sinophi Healthcare CEO Dr Hanif Kanji signed the joint venture contract with Dr Sun Xiaoyang, President of Huai’an First People’s Hospital at the Grand Hyatt Hotel in Beijing during the visit of UK Prime Minister Cameron MP to China.

The signing was witnessed by Lord Livingston, UK Minister of State for Trade and Industry, and by Vice Mayor Tang Daolun of Huai’an Municipal People’s Government.   

Signing of Joint Venture Agreement in Beijing between Huai’an First People’s Hospital and Sinophi Healthcare

Seated (L to R):  Dr Sun Xiaoyang (President, Huai’an First People’s Hospital), Dr Hanif Kanji (CEO, Sinophi Healthcare), 

Standing:  Witnessing the signing included Dr Catherine Raines (Minister and Director-General of UKTI China), Lord Ian Livingston (UK Minister of State for Trade and Industry), Tang Daolun (Vice Mayor of Huai’an Municipal People’s Government), Ji Wenqiao (Director, Huai’an Health Bureau) and Simon MacKinnon (Chairman, Sinophi Healthcare)

UK Prime Minister David Cameron MP commented “Sinophi’s signing highlights the enormous opportunity that the Chinese healthcare market presents for British healthcare firms – set to grow by $400bn by 2017. I hope we will see many more partnerships and deals like this for British businesses in this market.”

Sinophi Healthcare CEO Dr Hanif Kanji commented “the signing of this JV marks the next stage of our co-operation with HAFPH, bringing together UK and international expertise with HAFPH’s well established reputation and skills in north Jiangsu province in East China.  We are very grateful for the strong support we have received from both the Huai’an Municipal People’s Government and from the UK Government, especially UKTI, FCO and Healthcare UK.” 

President Sun Xiaoyang of HAFPH stated “We are looking forward to working with Sinophi’s international and Chinese teams to deliver hospital management expertise to Huai’an and north Jiangsu hospitals.  We will work with local hospitals to support them in upgrading their delivery of healthcare services to many millions of people across the region.”

UK Secretary of State for Health, The Rt. Hon. Jeremy Hunt MP (centre), celebrates the signing of the Joint Venture Agreement between Huai’an First People’s Hospital and Sinophi Healthcare at the UK-China Summit in Beijing

Huai’an City

Located in Jiangsu Province in East China, Huai’an City is a fast growing city with an urban population of over 2.5 million and an additional 3 million population in its rural areas.  Sited on the Grand Canal connecting Beijing with Hangzhou (close to Shanghai), it has a long history as a trading and cultural center.  

Huai’an First People’s Hospital

HAFPH is one of north Jiangsu’s leading general hospitals.  Located in the city of Huai’an (urban population 2.5m, total population over 5.5m) in the province of Jiangsu (population of over 80 million) next to Shanghai in East China, HAFPH was founded in 1950.  On completion of current expansion, HAFPH will have over 3,000 beds, with well known specialty departments including oncology, cardiovascular, neurology and gastroenterology.

Sinophi Healthcare signs MOU with QHA Trent to work together in China

November 25th, 2013

Sinophi Healthcare today signed an MOU with UK-based and leading international hospital accreditation company, QHA Trent.   QHA Trent will work on projects in Sinophi’s and its partners’ portfolio of managed and owned hospitals in China.

First projects will be in Jiangsu province next to Shanghai in East China where Sinophi has a partnership with Huai’an First People’s Hospital, one of the leading hospitals in north Jiangsu. 

Sinophi CEO Dr Hanif Kanji commented “We are delighted to be starting to work in China with QHA Trent and their extensive UK and international hospital accreditation experience.  QHA’s professionalism, evidence-based standards and value for money services are a great fit with Sinophi’s focus on providing quality, affordable and accessible healthcare for China’s fast growing urban areas.”

QHA Trent Director Professor Steve Green commented “QHA Trent sees great potential for our British-based independent accreditation services in the China market as the Chinese Government continues to open up the provision of healthcare services for the benefit both of its own people and visitors.  We look forward greatly to working with Sinophi Healthcare’s experienced China team on their projects in Huai’an City.” 

About Sinophi Healthcare

Sinophi Healthcare is a UK-based company focused on hospital management and hospital investment in China.  Sinophi has a partnership with Huai’an First People’s Hospital in Huai’an City, Jiangsu province, next to Shanghai in East China. 

About QHA Trent     http://www.qha-trent.co.uk/  

QHA Trent is a fully independent, privately managed healthcare company with a worldwide vision dedicated to improving quality and reducing risk for patients, the general public and healthcare providers, and making its services available for as reasonable a price as possible.

QHA Trent’s clinically-oriented surveying and accreditation scheme helps establish independently and impartially if individual hospitals, clinics and other types of healthcare providers (both public sector and private sector) are genuinely safe and fit for purpose.  It works closely with healthcare providers to improve and optimise the medical and other clinical care they offer and deliver to patients. QHA Trent’s standards have been accredited by ISQua.

QHA Trent is owned and managed by a group of acknowledged clinicians and other experts who work within the UK public healthcare sector and in private medical practice.   QHA Trent is completely independent of and separate from the UK’s National Health Service (NHS) and mandatory regulatory organisations such as the Care Quality Commission (CQC).

Sinophi Healthcare signs Operating Agreement with Beijing Enterprises for Yuan Fang Senior Care and Rehabilitation Hospital

August 19^th 2013

Sinophi Healthcare Limited today signed an agreement with Beijing Enterprises Group Senior Industry Investment & Management Co. to complete the development and commissioning work, and to commence the operations of Beijing Enterprises’ Yuan Fang Senior Care and Rehabilitation Hospital.  This is located at the historic Yuan Fang Hotel site in Beijing’s Chaoyang District, close to the Third Ring Road.

Construction work on this 326 bed facility will finish in October and the senior care centre will open at the end of 2013.  The commissioning and licensing of the rehabilitation hospital is targeted for completion in time for the planned opening at the end of Q2 of 2014.

Architect rendition of the BG Yuan Fang Senior Care and Rehabilitation Hospital

The senior care centre will provide the full range of high quality residential retirement care ranging from assisted living to nursing care, dementia care and hospice care.  The rehabilitation hospital will deliver international standard rehabilitation treatment and services. These include physical therapy, occupational therapy and speech therapy as well as other key medical services.  The hospital will focus on both in-patient and out-patient services to accommodate the needs of the local population.

There is a severe shortage in Beijing of rehabilitation medical care required for seniors following a stroke, heart attack or orthopedic surgery.  In line with the Municipal and National Governments’ policies for healthcare development, Yuan Fang Senior Care and Rehabilitation Hospital will work closely with local general hospitals to support the ongoing care and treatment needs of this large and growing sector of the population.   The hospital has excellent subway and road access.

Yuan Fang Senior Care and Rehabilitation Hospital is expected to be the first project to be jointly invested, operated and managed by Beijing Enterprises, Sinophi Healthcare and Morgan Stanley Private Equity. Today’s agreement commences the execution of the plans outlined in the Cooperation Agreement signed by the three partners on July 31^st 2013.  It is the first of the initial three senior care and rehabilitation hospital projects in Beijing identified in the Cooperation Agreement.  The partners plan to build a leading brand in senior care and rehabilitation hospitals in China.

Sinophi CEO Dr Hanif Kanji said “This is one of the many well located sites our Beijing Enterprises partner will be bringing to our senior care and rehabilitation focused partnership together with Morgan Stanley.  We are delighted with the strong support Sinophi is receiving from both our Beijing Enterprises partner and from the Beijing City and Chaoyang District Governments.  Yuan Fang Senior Care and Rehab Hospital is part of Beijing City Government’s vision for improving and delivering new senior care and rehabilitation facilities, with Sinophi delivering international standards of care, management, operations and governance.”

Sinophi Chief Operating Officer Gong Yong Qiang commented “The high standards and demanding timetable set by Beijing Enterprises fit very well with Sinophi’s international and local experience in setting up and opening hospitals.  The joint Project Team is already working on setting up the turnkey commissioning process for both the senior care and rehabilitation facilities, starting the hiring and training of all of the medical, nursing, therapy, care and administrative teams, and developing international standardized operating procedures for care delivery.”

Typical Assisted-Living and Nursing Care Room

Information about Beijing Enterprises Senior Industry Co and Morgan Stanley Private Equity:

Beijing Enterprises Group Senior Industry Investment & Management Co. is a part of Beijing Enterprises Group Company Limited.   BEGCL is one of the largest state-owned enterprises in Beijing.  Its subsidiaries include Beijing Enterprises Holdings Real Estate Co.; Beijing Gas Group; Yanjing Beer Corp; Beijing Enterprises Water Resources, and Beijing International Airport Highway Corp. among others.  Bei Kong Senior Investment is a specialized company with the core business of senior care investment, development, operation and management.

Morgan Stanley Private Equity is a global private equity platform under Morgan Stanley, a US listed company.   MSPE has been engaging in private equity investing since 1985 and has invested over US$6 billion.  It has a strong track record of global healthcare investments and is actively reviewing investment opportunities in China’s healthcare and senior industries.

Sinophi Healthcare signs agreement with Beijing Enterprises and Morgan Stanley Private Equity

July 31^st 2013

Sinophi Healthcare Limited signed a Cooperation Agreement today with Beijing Enterprises Group Senior Industry Investment & Management and Morgan Stanley Private Equity to work together in the investment, development, operation and management of senior care and rehabilitation facilities.  The signing ceremony was held at the Beijing Head Office of Beijing Enterprises Group.

Beikong Senior Investment will work with Sinophi and MSPE and Sinophi as exclusive partners in senior care and rehabilitation developments and related investments initially in Beijing, with the first three projects identified. Beijing is one of the most populous cities in the world with a population in 2012 of 20.7 million people.

The Agreement was signed by Sinophi Healthcare Chairman Simon MacKinnon, Beijing Enterprises Group Senior Industry Investment & Management Co. Chairman Madame Mo Fei, and Morgan Stanley Asia Limited Managing Director, Ryan Law.

Signing of Framework Agreement in Beijing between Beikong Senior Investment, MSPE and Sinophi Healthcare

Seated (L to R):  Simon MacKinnon (Chairman, Sinophi Healthcare), Madame Mo Fei (Chairperson, Beikong Senior Investment), Ryan Law (Managing Director, MSPE)

Sinophi CEO Dr Hanif Kanji said “We are delighted to bring Sinophi’s UK and international healthcare experience to this partnership.  Sinophi’s hospital management, hospital investment and senior care and rehabilitation skills, together with the commercial and real estate experience of Beikong and the financial and investing strengths of MSPE, will build a leading brand in senior care and rehabilitation hospitals in China.  With the rapid ageing of China’s population and the growth in insurance coverage and disposable income for healthcare services, we look forward to helping meet the rising demand from senior patients looking for world class, local healthcare services in supporting their recovery and return to healthy daily lives.”

Signing of Framework Agreement in Beijing between Beikong Senior Investment, MSPE and Sinophi Healthcare

Seated (L to R):  Simon MacKinnon (Chairman, Sinophi Healthcare), Madame Mo Fei (Chairperson, Beikong Senior Investment), Ryan Law (Managing Director, MSPE)

Information about the signing parties:

Beijing Enterprises Group Senior Industry Investment & Management Co. is a part of Beijing Enterprises Group Company Limited.   BEGCL is one of the largest state-owned enterprises in Beijing.  Its subsidiaries include Beijing Enterprises Holdings Real Estate Co.; Beijing Gas Group; Yanjing Beer Corp; Beijing Enterprises Water Resources, and Beijing International Airport Highway Corp. among others.  Bei Kong Senior Investment is a specialized company with the core business of senior care investment, development, operation and management.

Morgan Stanley Private Equity is a global private equity platform under Morgan Stanley, a US listed company.   MSPE has been engaging in private equity investing since 1985 and has invested over US$6 billion.  It has a strong track record of global healthcare investments and is actively reviewing investment opportunities in China’s healthcare and senior industries.

Sinophi Healthcare Signs Cooperation Agreement with Huai’an First People’s Hospital

May 20^th 2013

Sinophi Healthcare Limited and Huai’an First People’s Hospital (HAFPH) signed a Cooperation Agreement today to work together in providing hospital management services in China. The signing ceremony was held at the “China Hospital Build and Infrastructure Exhibition 2013” in Nanjing, capital of Jiangsu, China’s second wealthiest province.

The Cooperation Agreement was signed by Sinophi Healthcare Chairman Simon MacKinnon and by Dr Sun Xiaoyang, President of HAFPH. The ceremony was witnessed by Mr Yao Xiaodong, the Huai An City Party Secretary and Mr Brian Gallagher, the UK Counsellor for Trade and Head of UKTI China based in the British Embassy, Beijing.

Sinophi and HAFPH announced they will build on existing work together and establish a joint company to engage in hospital management services. This new company will bring together Sinophi’s international management, technology and services expertise with HAFPH’s experience as north Jiangsu province’s leading hospital and medical centre of excellence. It will work with HAFPH’s client and other hospitals which serve the 20 million people in and surrounding Huai’an. Discussions are already underway with several hospitals and government departments to bring these management services to their hospitals.

The new company will work to improve the quality of management services in its client hospitals in line with China’s national objectives and policies, emphasizing quality, affordability and access.

Information about Huai’an First People’s Hospital

Established in 1950, Huai’an First People’s Hospital is located in northern Jiangsu province adjacent to Shanghai. Jiangsu province has a population of 80m and per capita GDP surpassed US$10,000 in 2012. With 2,200 inpatient beds and a further 800 bed facility to open in November 2013, the HAFPH will be the largest comprehensive hospital in Jiangsu province. Affiliated to Nanjing Medical University, the hospital has 33 individual clinical departments and is designated by China’s Ministry of Health as an international emergency aid center network hospital.

Signing of cooperation agreement in Nanjing between HAFPH and Sinophi Healthcare witnessed by government officials from Huai’an and the UK

Seated:  Sun Xiao Yang (President, HAFPH) and Simon MacKinnon (Chairman, Sinophi Healthcare)

Standing:   Ji Wenqiao (Director, Huai’an Health Bureau), Ms Wang Honghong (Vice Mayor – Health, Huai’an), Chen Tao (Vice Mayor – International Affairs, Huai’an), Yao Xiaodong (Party Secretary, Huai’an), Brian Gallagher (Head of UKTI China), Clive Allcorn (Healthcare Leader, UKTI China), Oliver Hayakawa (UKTI), Hanif Kanji (CEO, Sinophi Healthcare)

Sinophi Healthcare Participates with UKTI at “China Hospital Build and Infrastructure 2013 Exhibition”

The “China Hospital Build and Infrastructure Exhibition 2013” was held in Nanjing, capital of China’s Jiangsu province from May 19^th to May 21^st.

One of China’s leading medical and healthcare exhibitions, “China Hospital Build” attracts local and international participants. Sinophi Healthcare participated in the exhibition as a lead partner in UK Trade & Investment’s (UKTI) pavilion, together with General Electric, BT, KPMG, Aedas and TPP. The booth and the 20+ participating UK companies benefitted from the “Great” branding and marketing campaign which is supporting UK companies in China across many industries.

Dr Hanif Kanji, CEO of Sinophi Healthcare noted “Sinophi made some useful contacts at the exhibition resulting from visitors to the UKTI booth showcasing a wide range of UK healthcare products and services. With UKTI’s support we also signed a formal Cooperation Agreement with Huai An First People’s Hospital to provide hospital management services in China.”

Sinophi Healthcare accompanying Huai’an government officials and UKTI representatives at the UKTI pavilion

L to R:  Simon MacKinnon (Chairman, Sinophi), Oliver Hayakawa (UKTI), Yao Xiaodong (Party Secretary, Huai’an), Ms Wang Honghong (Vice Mayor – Health, Huai’an), Brian Gallagher (Head, UKTI China), Sun Xiaoyang (President, Huai’an First People’s Hospital), Gong Yongqiang (COO, Sinophi) 

UKTI pavilion at the China Hospital Build and Infrastructure Exhibition 2013

Acquisition of Beijing Care

Sinophi Healthcare enters into an agreement to acquire a 100% interest in Beijing Care Medical Investment Corporation Limited (“Beijing Care”).  Beijing Care, a company with RMB 20m of registered capital, is licensed for the investment and management of hospitals and medical facilities in China.