GHG.L Regulatory News (GHG)

  London, 20 November 2018

International Finance Corporation publishes a case study on Georgia Healthcare Group

International Finance Corporation ("IFC"), a sister organization of the World Bank and member of the World Bank Group, recently developed a case study on Georgia Healthcare Group ("GHG") - "Making Modern Healthcare Affordable in a Small Country".

The article describes the successful relationship between the Government of Georgia and private sector (GHG), working together to deliver affordable access to high quality care in the country. To read the full case study please click here.

Name of authorised official of issuer responsible for making notification:

Ketevan Kalandarishvili, Head of Investor Relations

About Georgia Healthcare Group PLC

Georgia Healthcare Group PLC is a UK incorporated holding company of the largest healthcare services provider in the fast-growing, predominantly privately-owned, Georgian healthcare services market. GHG's leadership position is underpinned by offering the most comprehensive range of inpatient and outpatient services targeting the mass market segment through its vertically integrated network of 37 hospitals and 16 district polyclinics. GHG is the single largest market participant, accounting for 25% of total hospital bed capacity in the country, as of 30 September 2018. GHG is also the largest pharmaceuticals retailer and wholesaler in Georgia, with approximately 30% market share by revenue. GHG is the second largest provider of medical insurance in Georgia with a 27% market share based on net insurance premiums earned and approximately 158,000 insurance customers as at September 2018. GHG employed a total of c.15,500 people as at 30 September 2018, including c.3,600 physicians and 2,900 pharmacists.

For further information, please visit ghg.com.ge or contact: 

This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities