GHG.L Share News (GHG)

LONDON (Alliance News) - Georgia Healthcare Group PLC on Monday said it has launched a new ambulatory clinic in Tbilisi in Georgia.

The Georgia-based healthcare company said the clinic is the start of a new cluster and is located in the Mtatsminda area of the Georgian capital.

"I am delighted to announce the launch of another ambulatory clinic, in line with our declared strategy to significantly expand our ambulatory clinic network," said Chief Executive Nikoloz Gamkrelidze.

The company, a separately listed healthcare subsidiary of FTSE 250-listed BGEO Group PLC, said it wants to launch 10 to 12 such ambulatory clusters over the next two to three years, raising the outpatient services as percentage of its total revenue to 15% in 2018 from 5% currently.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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