Care Alliance (a subsidiary of New Frontier Health) has acquired a controlling stake at Chengdu Donghong Geriatric Hospital, a 400 bed AA healthcare facility in downtown Chengdu.
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New Frontier is launching a new platform to build and invest in healthcare service companies across Mainland China (“New Frontier Health”) to capture the opportunities in China’s healthcare reform and aging population. New Frontier Health aspires to become an integrated healthcare service platform that cares for and looks after patients across their lifecycle.
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New Frontier Health has acquired a controlling stake in Care Alliance, a Chengdu based healthcare operator that focuses on rehabilitation and post-acute health services in China. Care Alliance will also become New Frontier’s major healthcare investment platform.
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New Frontier is launched as a venture builder and investor with a focus on technology and healthcare ventures. The firm is founded by Mr. Antony Leung and Mr. Carl Wu, together with a group of financial professionals, entrepreneurs, and industry experts from Asia.
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