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ORGANIZATION AND BASIS OF PRESENTATION | 12 Months Ended
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Dec. 31, 2015
ORGANIZATION AND BASIS OF PRESENTATION [Abstract] |
ORGANIZATION AND BASIS OF PRESENTATION |
| 1. | ORGANIZATION AND BASIS OF PRESENTATION
The accompanying consolidated financial statements include the financial statements of Concord Medical Services Holdings Limited (the “Company”) and its subsidiaries. The Company and its subsidiaries are collectively referred to as the “Group”. The Group is principally engaged in the leasing of radiotherapy and diagnostic imaging equipment, the provision of management services to hospitals. Starting April 2015, the Group is also engaged in hospital operations as a result of the acquisition of Concord Healthcare Singapore Pte. Ltd. (note 4). The Group develops and operates its business through its subsidiaries. Details of the Company's subsidiaries as of December 31, 2015 are as follows:
Company |  | Date of establishment/acquisition |  | Place of establishment |  | Percentage of ownership by the Company |  | Principal activities
Ascendium Group Limited (“Ascendium”) |  | September 10, 2007 |  | British Virgin Islands (“BVI”) |  | 100 | % |  | Investment holding
Our Medical Services Limited (“OMS”) |  | August 22, 1996 |  | BVI |  | 100 | % |  | Investment holding
Medstar Oversea Ltd. (“Medstar Overseas”) |  | September 22, 2011 |  | BVI |  | 100 | % |  | Investment holding
US Proton Therapy Holdings Limited (“Proton BVI”) |  | May 16, 2011 |  | BVI |  | 100 | % |  | Investment holding
US Proton Therapy Holdings Limited (“US Proton”) |  | June 29, 2011 |  | United States of America |  | 100 | % |  | Investment holding
Concord Medical Services (International) Pte. Ltd. (“China Medstar”) (formerly known as China Medstar Pte. Limited) |  | August 8, 2003 |  | Singapore |  | 100 | % |  | Investment holding
Cyber Medical Networks Limited (“Cyber”) |  | May 26, 2006 |  | Hong Kong |  | 100 | % |  | Investment holding
China Medical Services (Holdings) Limited (“CMS Holdings”) |  | July 18, 2008 |  | Hong Kong |  | 100 | % |  | Investment holding
King Cheers Holdings Limited (“King Cheers”) |  | May 18, 2001 |  | Hong Kong |  | 100 | % |  | Investment holding
Shenzhen Aohua Medical Technology and Services Co., Ltd. (“AMT”) |  | February 21, 2008 |  | PRC |  | 100 | % |  | Leasing of medical equipment and provision of management services
Medstar (Shanghai) Leasing Co., Ltd. (“MSC”) |  | March 21, 2003 |  | PRC |  | 100 | % |  | Leasing of medical equipment and provision of management services
Beijing Meizhong Jiahe Hospital Management Co., Ltd.*(“MHM”) |  | July 23, 2008 |  | PRC |  | 100 | % |  | Provision of management services
Beijing Yundu Internet Technology Co., Ltd. (“Yundu”) |  | July 26, 2007 |  | PRC |  | 100 | % |  | Provision of management services
Tianjin Concord Medical Technology Limited** |  | April 22, 2010 |  | PRC |  | 100 | % |  | Leasing of medical equipment and provision of management services
Guangzhou Jinkangshenyou Investment Co., Ltd. (“JKSY”) |  | August 12, 2010 |  | PRC |  | 100 | % |  | Leasing of medical equipment
Guangzhou Concord Medical Cancer Hospital Co., Ltd. (“GZ Proton”) |  | June 29, 2011 |  | PRC |  | 70 | % |  | Medical technology research and development, and provision of management and consulting services.
CCM (Hong Kong) Medical Investments Limited (“CCM (HK)”)*** |  | June 03, 2013 |  | Hong Kong |  | 85.71 | % |  | Investment holding
CMS Radiotherapy Holdings Limited (“CMS (USA)”) |  | August 13, 2013 |  | United States of America |  | 100 | % |  | Investment holding
Shenzhen Concord Medical Investment Limited (“SZ CMS”) |  | January 10, 2014 |  | PRC |  | 100 | % |  | Investment holding
Shanghai Concord Oncology Hospital Limited (“SHC”)*** |  | March 17, 2014 |  | PRC |  | 90 | % |  | Group's medical treatment and service business
Global Medical Imaging (HongKong) Limited. (“GMI”) |  | May 26, 2014 |  | Hong Kong |  | 100 | % |  | Investment holding
Allcure Medical Holdings Limited (“Allcure BVI”) |  | July 29, 2014 |  | BVI |  | 100 | % |  | Investment holding
Datong Meizhong Jiahe Cancer Center (“DTMZ”) |  | October 23, 2014 |  | PRC |  | 100 | % |  | Group's medical treatment and service business
Concord Healthcare Singapore Pte. Ltd. (“CHS”) |  | April1, 2015 |  | Singapore |  | 100 | % |  | Group's medical treatment and service business
Wuxi Concord Medical Development Ltd. |  | December 29, 2015 |  | PRC |  | 100 | % |  | Group's medical treatment and service business
Beijing Allcure Medical Technology Ltd. |  | February 5, 2015 |  | PRC |  | 100 | % |  | Group's medical treatment and service business
Concord Hospital Management Group Ltd. |  | July 7, 2015 |  | Hong Kong |  | 100 | % |  | Group's medical treatment and service business
The Company was incorporated under the laws of the Cayman Islands on November 27, 2007. On December 16, 2009, the Company completed its initial public offering of 12,000,000 American Depositary Shares (“ADSs”) at US$11.0 per ADS. Each ADS comprises three ordinary shares of the Company. The net proceeds to the Company from the offering amounted to approximately RMB813,938 (US$119,211), net of underwriter commission and issuance costs. On February 5, 2015, the Group set up Beijing Allcure Medical Technology Ltd. for purposes of expanding the Group's business of medical information and technology services. On April 6, 2015, the Group acquired 100% equity interest in Fortis Surgical Hospital for cash consideration of Singapore Dollars (“SGD”) 55,000 (US$39,800), which the Group received the approval from Singapore Ministry Of Health to change the name to Concord Healthcare Singapore Pte. Ltd. On July 7, 2015, the Group has set up Concord Hospital Management Group Ltd., for the purpose to develop Group's hospital management.
* | On August 27, 2015, the Group changed the name of CMS Hospital Management Co., Ltd. (“CHM”) to Beijing Meizhong Jiahe Hospital Management Co., Ltd. (“MHM”), providing management service to the Group's existing network.
** | On December 23, 2015, the Group changed the name of Tianjin Kangmeng Radiology Equipment Management Co., Ltd. (“TKM”) to Tianjin Concord Medical Technology Limited.
*** | On September 9, 2015, CCM (HK) issued (i) 61,302,441 shares to Gopher CCM limited (“Gopher”), an entity controlled by a director of the Company, for a consideration of US$US$7,859 and (ii) 366,685,949 shares to Ascendium for a consideration of US$47,011, among which US$40,728 has been injected in 2015. As a result, Gopher holds 14.29% equity interest of CCM (HK) and through which, Gopher indirectly holds 10% of SHC, which is 70% owned by CCM (HK) and Ascendium holds 85.71% equity interest of CCM (HK).
On December 29, 2015, the Group set up Wuxi Concord Medical Development Ltd. for the purpose to develop Group's medical treatment and service business.

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