BEIJING, Feb. 8, 2012 /PRNewswire-Asia-FirstCall/ -- Concord Medical Services Holdings Limited ("Concord Medical", or the "Company") (NYSE: CCM), a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced that the first CyberKnife® Robotic Radiosurgery System (the "Cyberknife System") in the Concord Medical's network, located within Changhai Hospital in Shanghai, has started treating patients. Changhai Hospital is a 3A hospital with over 2,000 beds, and is considered to be one of China's leading hospitals. The Company is currently in the process of installing an additional Cyberknife System in another hospital in 2012. "We are very pleased to add the Cyberknife System to Concord Medical's nationwide network," Dr. Jianyu Yang, Chairman and CEO, commented. "Our goal is to always provide the highest quality of services to patients in China. In addition, the operation of the Cyberknife System will enable Concord Medical to accumulate valuable experience in providing high-end oncology services." The Cyberknife System is an advanced method of radiosurgery, which delivers highly targeted and effective doses of radiation with the highest levels of accuracy with minimal radiation exposure and side effects related to many radiotherapy procedures. About Concord Medical Concord Medical Services Holdings Limited operates the largest network of radiotherapy and diagnostic imaging centers in China, measured by revenues and the number of centers in operation. As of September 30, 2011, the Company operated a network of 128 centers with 70 hospital partners that spanned 48 cities and 24 provinces and administrative regions in China. Under long-term arrangements with top-tier hospitals in China, Concord Medical provides radiotherapy and diagnostic imaging equipment and manages the daily operations of these centers, which are located on the premises of its hospital partners. The Company also provides ongoing training to doctors and other medical professionals in its network of centers to ensure a high level of clinical care for patients. For more information, please see http://ir.concordmedical.com.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.