MD Medical Group opens a new clinic in Orekhovo-Borisovo
MD Medical Group IPJSC (“MD Medical”, “MDMG”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, announces the opening of its new clinic in Moscow.
The Mother & Child Orekhovo-Borisovo clinic with a total area of 201 sq m offers a wide range of specialized services for women in such areas as obstetrics and gynecology, oncology, mammology, reproductology. The clinic will provide laboratory tests, ultrasound diagnostics, planning and management of pregnancy, treatment of non-pregnancy and infertility. Highly qualified specialists in therapy, neurology, gastroenterology and endocrinology will also conduct appointments. The capacity of the clinic allows for 24,000 outpatient visits per year.
Situated in leased premises, Mother & Child Orekhovo-Borisovo clinic has received a total investment of RUB 38 million for its opening and outfitting, financed entirely through the Company’s own resources.
About MD Medical Group
MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 63 state-of-the-art healthcare facilities, including 11 multidisciplinary hospitals and 52 out-patient clinics in 30 regions of the Russian Federation. In 2023, MD Medical Group's revenue amounted to RUB 27.6 bln while EBITDA was RUB 9.2 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).