This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

UAE Soldiers, To Receive Treatment In South Korea

In the news release, UAE Soldiers, To Receive Treatment in South Korea, issued 22-Nov-2012 by Korea Health Industry Development Institute over PR Newswire, we are advised by the company that the "MOU" should be read as "Memorandum of Agreement" or "MOA" as originally issued inadvertently. The complete, corrected release follows:

UAE Soldiers, To Receive Treatment in South Korea

- KHIDI Concludes MOA for Healthcare Cooperation with the UAE Military

The transference of UAE soldiers for medical treatment to South Korea is expected to kick into gear.

SEOUL, South Korea, Nov. 22, 2012 /PRNewswire/ -- Korea Health Industry Development Institute (KHIDI, President Ko, Kyung-Hwa) announced it had concluded the Memorandum of Agreement (MOA) for healthcare cooperation with the UAE Armed Forces on Wednesday, November 21st, 2012. *Concluder: President of KHIDI, Ko, Kyung-Hwa, UAE Armed Forces Commander-In-Chief, Mohammed Saeed Al Dhaheri

The MOA is to propel forth tangible cooperation between South Korea and the UAE Military in the healthcare industry. Henceforward, KHIDI will play the role of constructing the mechanism for business cooperation with the Korean medical institutions and other related institutions as well as adjusting the workload among each party to push ahead the healthcare cooperation with the UAE Military. *Realm of Cooperation: Patient Referrals, Visiting Physician Program, Establishment and Support of U-Health System

Following the conclusion of the MOA, the UAE Military is expected to begin referring their patients to four Korean medical institutions. During the early stages of the agreement, around 400 patients equaling to approximately 10% of the total patients that are referred by the UAE Military annually, will receive their treatment in South Korea amounting to more than 20 billion KRW in profit. *Samsung Medical Center, Seoul National University Hospital, Seoul St. Mary's Hospital, ASAN Medical Center **Number of Patients Referred to Foreign Medical Institutions by the UAE Military: Approximately 4,000 Patients Annually 

President Ko of KHIDI stated, "The conclusion of the MOA is a great feat made possible over the basis of trust that was constructed through the cooperation in the healthcare industry between South Korea and the UAE during the previous year. It may also be the successful model of cooperation for the Korean Medical Industry to enter into other Middle-East Countries."

Along with the successful closure of the MOA, KHIDI is also working to formularize cooperation with the largest general medical service provider in the UAE, the Abu Dhabi Health Services Company (SEHA) and Saudi Arabia's key government organizations while planning to further expand the range of cooperation in the healthcare industry with other Middle-East Countries. *Patient Referrals, Participation of Consigned Management of Public Hospitals, Entrance for Korean Medical Personnel, Visiting Physician Programs, Medical Technology Transfer, Export of Medical Information System, Joint Research

CONTACT: KHIDI, Global Healthcare Business Department Ji-Young Yang+82-043-713-8248

SOURCE Korea Health Industry Development Institute

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs