GE Healthcare and Vinmec sign comprehensive strategic partnership to improve healthcare standards in Vietnam

Hanoi, Vietnam – Dec 12, 2017 - GE Healthcare, the $18 billion healthcare business of General Electric, has just signed a comprehensive strategic partnership agreement with Vinmec Healthcare System to promote science and technology application, optimize infrastructure as well as improve healthcare capacity building tied to international best practices. Vinmec currently owns and operates seven hospitals in Vietnam and expects to increase its presence to 10 hospitals by 2020, including opening the Vinmec University of Health Sciences (VUHS). To that end, the partnership between Vinmec and GE Healthcare will play a role in growing Vietnam’s next generation of clinicians and establishing the teaching hospital as the standard for medical education in Vietnam.

In terms of technology, GE Healthcare is committed to continuously providing innovative medical equipment for imaging, nuclear medicine, ultrasound system and anesthesia solutions to help Vinmec promote and optimize healthcare outcomes.

The capacity building programs between the two parties will focus on cardiology and oncology, creating a solid foundation for Vinmec to lead in its key areas. Accordingly, GE Healthcare will play a significant role in nurturing a new generation of clinicians at VUHS, helping VUHS to become the standard for medical education in Vietnam.

Leveraging the insights of global experts from centers like Dubai and the USA in hospital design and planning, GE Healthcare will offer Vinmec innovative and customized solutions for layout design and facility arrangement, to promote operational optimization, patient safety and patient comfort according to international best practices. VUHS is expected to begin operations in 2019 and is the first hospital design partnership between GE Healthcare and Vinmec.

Terri Bresenham, Vice President & CEO, GE Healthcare South Asia, Africa and Southeast Asia said, “Vinmec is one of the leading healthcare organizations in Vietnam in terms of scale, infrastructure as well as modern equipment. We have a long history of collaboration with Vinmec and we are proud to continue to be Vinmec’s strategic partner for its future development and specifically with regards to development plans for VUHS. Medical education and capacity building are vitally important to a sustainable healthcare system and will have long-term impact on healthcare access and quality for generations to come.”

Speaking at the signing ceremony, Mr. Nguyen Viet Quang, Vingroup Vice Chairman Nguyen said: “For years, Vinmec has put in great efforts to achieve international healthcare best practices; this is demonstrated through our JCI accreditation for Vinmec Times City and Vinmec Central Park. To maintain this accomplishment, we will continuously place great emphasis in capacity building and facility standardization. Partnerships with international experts in the industry like GE Healthcare are essential in realizing this vision.”

Through the strategic partnership with GE Healthcare, Vinmec is striving to enhance the contribution factors to better quality of healthcare including technologies, human resource capacity and operation, which demonstrates the company’s breakthrough in achieving international standards of care in Vietnam.

About GE Healthcare

Harnessing data and analytics across hardware, software and biotech, GE Healthcare is the $18 billion healthcare business of GE (NYSE: GE). As a leading provider of medical imaging equipment, with a track record of more than 100 years in the industry and more than 50,000 employees across 100 countries, we transform healthcare by delivering better outcomes for providers and patients.

About Vinmec Healthcare System

Vinmec is the not-for-profit healthcare arm invested by Vietnam’s leading Private Economic Corporation – Vingroup Corporation with the philosophy of delivering first-class healthcare service. Officially went into operation since January 7 ^th , 2012, Vinmec currently operates seven hospitals in Vietnam and expects to increase its presence to 10 hospitals by 2020. Up to now, Vinmec is the first private healthcare system having two hospitals to achieve JCI accreditation, world’s leading accreditation on hospital management and patient safety in Vietnam.

Find more information at www.vinmec.com