Government to complete hospital holding company establishment by December

The State-Owned Enterprises (SOEs) Ministry is set to complete the establishment of a hospital holding company by December. Minister Erick Thohir said that the holding company would be led by Pertamina’s subsidiary, PT Pertamina Bina Medika (Pertamedika IHC), and would gather 63 state-owned hospital companies. He said the holding company would eventually have 6,500 beds with an estimated revenue of Rp 5.6 trillion (US$407.6 million) and earnings before interest, tax, depreciation and amortization (EBITDA) of Rp 510 billion.

February 11 2020, The Jakarta Post - Read 91 times

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