Private hospitals urged to tap capital markets for funding

The Securities and Exchange Commission (SEC) is encouraging more private hospitals to tap the capital market for their expansion needs.

- By RICHMOND MERCURIO

“The financing needs of the health care sector continue to grow, whether in expanding capacity, upgrading facilities, adopting new technologies, or improving service delivery,” SEC chairperson Francis Lim said.

Lim said that while the public sector continues to lead significant investments in infrastructure and service delivery, the private sector plays an equally important role, especially in areas of health care where there is a strong business case for expansion.