KKR Forms Hospital Management Company SinoCare Group To Provide Quality Health Care Services To Consumers In China

Leading global investment firm KKR recently formed a new hospital management company, SinoCare Group (SinoCare), to provide high quality health care services to consumers in China. Specifically, SinoCare will accomplish this through the acquisition and consolidation of hospitals.

As part of its strategy with SinoCare to improve health service capabilities in the country, KKR also recently purchased a majority stake in Chinese hospital management company HeTian Hospital management Co. (HeTian). KKR and SinoCare will assist HeTian in serving more consumers by helping it develop new practices and expand through acquisitions. HeTian is a leading comprehensive health care provider in China . . .