MSDI Press Release
Medi+Sphere Completes Agreement to Build Heart and Vascular Hospital to be Located in Weihai, Rushan City, Shandong Province, China
New Hospital will Provide Advanced, Comprehensive Cardiovascular Diagnosis and Treatment to the Population of Shandong Peninsula.
This announcement gives us great pride in raising the level of healthcare and associated services available to the peoples of Rushan City and across the Shandong Province. (Sui Jian Bo, Mayor of Rushan City).
Dana Point, CA, USA (PRWEB) August 01, 2012
Medi+Sphere Development, Inc. (MSDI), an emerging global healthcare facilities planning and high quality clinical services development, management and operations group, announces their recently consummated agreement with Rushan City, Shandong Province, China, to build, outfit and manage a comprehensive Heart and Vascular Hospital. This facility will serve the four main cities (Weifang, Yantai, Qingdao, and Weihai) as well as the City of Rushan, all of which are located on the Shandong Peninsula. The hospital will be named the Shandong MSDI International Heart and Vascular Hospital (SMIHVH).
Signed on July 12th in Hong Kong at the 2012 Chinese Governors Working Conference, the agreement specifies allocation of approximately 40 acres or 162,000 sq. meters of land, to be held in a Joint Venture between Rushan City and MSDI, as well as conditions for construction and ongoing management of the new, 155-bed Heart and Vascular Hospital. The initial registered capital for the project is estimated at $110M (USD) for the project. Further development and expansion over time will bring the approximate total investment to nearly $200M.
“MSDI is very pleased to announce the formal agreement between the City of Rushan and MSDI,” said Charles Franc, President and CEO, MSDI. “This important agreement serves to raise the regional capability to provide cardiovascular disease diagnosis and advanced care and treatment for the people of Rushan and across the Shandong Peninsula, and the whole of China at large. Rushan City staff, the office of Mayor Sui and the Weihai City staff, as well as the office of Mayor Zhang Hui and Vice-Mayor Tian, have been instrumental in helping drive this essential project forward in a positive and productive direction in a very timely manner. MSDI also wishes to express special thanks to Governor Jiang Daming of Shandong Province, for his strong expression of support to see the project through to completion.”
The inception of the project occurred during a meeting held in southern California in early 2011 with the then Mayor of Weihai, Mr. Sun, now Party Secretary of Weihai. Mr. Sun and MSDI initially held an extensive conference regarding MSDI establishing an advanced heart and vascular hospital in the Weihai area at that time. The recent acceleration of project development activities came from a recent MSDI delegation tour in the Shandong Province, where MSDI and its information technology partner, Fujitsu, Inc. first presented the concept of a “smart” heart and vascular hospital to local and provincial officials. Strongly received, a key outcome of the trip was the development of a Letter of Intent for the new hospital project with the local and regional government officials. Rushan City representatives were excited by the expectation of having a local hospital with world class status and as well as the concept of a new “smart” hospital, focusing on heart and vascular services. “This announcement gives us great pride in raising the level of healthcare and associated services available to the peoples of Rushan City and across the Shandong Province,” said Sui Jian Bo, Mayor of Rushan City. “Working with Medi+Sphere and Fujitsu affords us the ability to focus on delivering the highest level of hospital management and patient care, while relying on advanced technologies and methods to monitor efficiency, productivity and costs.”
MSDI has worked closely with a team of affiliate organizations to achieve this milestone. This includes the American-Chinese CEO Society (ACCS), led by Mr. Robert Sun; Lee Burkhart Liu (LBL), healthcare architects and Mr. Ken Liu a founding principal of LBL; ima design, land use master planners and Mr. William Schulz and Mr. Rob Moffat; and Fujitsu Frontech North America (FFNA) and Mr. William Geoghegan.
The Shandong MSDI International Heart and Vascular Hospital will commence ground-breaking in early 2013, with a target opening date of 1st Quarter 2015.
Medi+Sphere Development, Inc.
Name: Peter Rastello
Phone: +1 (949) 625-6000, ext. 104
Email: prastello (at) m-sdev (dot) com
About Medi+Sphere Development, Inc.
Medi+Sphere Development, Inc. (MSDI) is a healthcare facilities and clinical services development and operations company formed in Southern California, USA. MSDI was established for the purposes of developing and managing full-service and specialty service line hospitals on a global stage, focusing on Asia. MSDI provides management and advisory services to hospitals, specifically in the areas of performance improvement, performance-based clinical centers of excellence (COEs) development and operations using western healthcare services management principles and clinical operations. MSDI headquarters are located at 24591 Del Prado, Suite 201, Dana Point CA 92629, USA. For more information about Medi+Sphere Development, Inc., please call (949) 625-6000 or visit: http://www.m-sdev.com.
Copyright 2012 Medi+Sphere Development, Inc. All rights reserved. Statements herein are based on normal operating conditions and are not intended to create any implied warranty of merchantability or fitness for a particular purpose. Medi+Sphere Development, Inc. reserves the right to modify at any time, without notice these statements, their services, products, and their warranty and performance specifications