Asia Pacific Medical Group

Established in 1992, Asia Pacific Medical Group (APMG) operates as a for-profit specialty hospital group primarily focused on the Chinese market. The company was founded by Dr. Michael Choy along with a group of 35 US-based physicians and surgeons who aimed to introduce high-standard medical services to the population of China. APMG has positioned itself as a significant private healthcare provider in the region, addressing the growing demand for quality medical care, particularly in underserved specialty areas.

The group's core business revolves around operating a network of hospitals and clinics, with a strategic emphasis on neurology, neurosurgery, and oncology. A notable achievement in its history was introducing the first Gamma Knife machine to China, a technology used for treating brain tumors with focused radiation. This underscores the group's commitment to leveraging advanced medical technology. The company serves both local and international patients across its facilities in major Chinese cities and other parts of Southeast Asia. Its business model focuses on providing quicker and more affordable access to professional treatment compared to the often-overburdened public medical system.

APMG's service portfolio encompasses a range of primary care and specialized treatments, including neurology, oncology, cardiovascular services, pediatrics, and dermatology. The company's revenue is generated through the provision of these healthcare services at its chain of hospitals and clinics. In 2016, the private equity firm Bain Capital acquired a large majority stake in APMG, signaling a significant milestone and providing capital for further expansion, particularly in China's tier-one cities. As of early 2025, reports indicated that Bain Capital was considering an exit, with APMG's revenue for the 12 months ending September 2024 at approximately USD 220 million. The group operates nine core member hospitals with a total of nearly 3,500 beds, handling almost two million outpatient visits annually.

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