Navigation Links
Lombard Makes Investment in The Medical City, a Leading Philippine Hospital and Healthcare Provider
Date:5/5/2008

SAN FRANCISCO, May 5 /PRNewswire/ -- Lombard Investments, Inc. is pleased to announce the acquisition of 18% of Professional Services, Inc. ("PSI" or the "Company"), owner and operator of The Medical City, a leading, private tertiary-care hospital in the Philippines. Its facilities include a 500 bed hospital complex (soon to be expanded to 750 beds) and 280 medical clinics.

PSI is managed by a group of leading physicians and other professionals led by Alfredo R.A. Bengzon, a former Secretary of Health and Dean of the prestigious Ateneo School of Medicine and Public Health in the Philippines. The management team's recent achievements include securing as of February 2007 the Joint Commission International Accreditation ("JCIA"), the most widely recognized international healthcare certificate. The Medical City is one of only two hospitals in the Philippines to receive such a distinction.

Mr. Pote Videt, Managing Director of Lombard Investments, Inc., said, "Lombard is pleased to become a long-term investor and board member of PSI. The Medical City is well-positioned to benefit from the strong domestic demand for private healthcare as well as a growing international medical tourism industry. Through Lombard's representation on the board of directors of the Company, we look forward to many years of fruitful co-operation."

About Lombard Investments:

Lombard is a leading international private equity investment manager with offices in Bangkok, Hong Kong and San Francisco. Formed in 1985, Lombard has made more than 75 controlling and significant minority investments in Asia and North America. The firm's investors include some of the world's largest and most respected financial institutions, major pension funds and corporations, as well as family investment offices in Asia, North America and Europe. Lombard made its investment in PSI through Lombard Asia III, the firm's South East Asia and Greater China private equity fund. (http://www.lombardinvestments.com)

More information is available by visiting

http://www.lombardinvestments.com or by contacting:

Mr. Thomas Smith, Managing Director Mr. Pote Videt, Managing Director

Email: tsmith@lombardinvestments Email: pote@lombardinvestments.com


'/>"/>
SOURCE Lombard Investments, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Lombardi Comprehensive Cancer Center publishes manual for childhood cancer survivors
2. Lombardi Cancer Centers Toretsky awarded prestigious Burroughs Wellcome Fund Award
3. Internationally Renowned Plastic Surgery Coach Wendy Lewis Introduces Plastic Makes Perfect: The Complete Cosmetic Beauty Guide
4. Select Medical Corporation Makes Historic Multi-Million Dollar Gift to Harrisburg University
5. Prozac Makes Old Brain Cells Young
6. Professor Woodpecker Makes Childrens Nutrition Fun and Simple
7. 50 Million Pound Challenge Marks 1st Anniversary - What a Difference a Year Makes!
8. Barilla(R) Whole Grain Makes Healthy Eating Easy
9. The Aronson Foundation Makes Charitable Donation to Childrens Hospital
10. Envisat makes first ever observation of regionally elevated CO2 from manmade emissions
11. Catholic Health Initiatives Makes $10 Million Investment in Calvert Foundations Community Investment Notes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2017)... ... 21, 2017 , ... The Margarian Law Firm has filed a class ... ale for allegedly containing no ginger. Dr. Pepper produces the “Canada Dry” brand of ... Margaryan alleges Canada Dry Ginger Ale claims on its bottle that it is made ...
(Date:7/21/2017)... ... July 21, 2017 , ... “Kids aren't born knowing how to ... shoes,” says Suzanne Tucker, Founder of St. Louis-based positive education company Generation Mindful. To ... Kickstarter on Monday, July 21st. , The kit uses colorful, engaging and educational ...
(Date:7/21/2017)... CANADA (PRWEB) , ... July 21, 2017 , ... ... torn anterior cruciate ligament (ACL) offer patients improved quality of life five years ... for Sports Medicine’s Annual Meeting in Toronto, Ontario, Canada. The study followed ...
(Date:7/20/2017)... Boston, MA (PRWEB) , ... July 20, 2017 ... ... aggressive form of blood and bone marrow cancer that progresses rapidly without treatment. ... often recommended to reduce the chance of reoccurrence and relapse. With such ...
(Date:7/20/2017)... ... July 20, 2017 , ... ... in which their iMedSecure™ comes included with each system installation. RMT’s iMedHD2™ ... to remote participants for real-time collaboration and immediate decision-making requirements. While never ...
Breaking Medicine News(10 mins):
(Date:7/13/2017)... 2017  New York City-based market research firm Kalorama Information ... aware of.  From new products to new costs, to the ... recently completed study, Potential Pipeline Disruptors . ... 1.  Age-Driven Growth - True Impact Moment Arriving ... the impact the growing population and, to a more extreme ...
(Date:7/11/2017)... ROCKVILLE, Md. , July 11, 2017  The ... had estimated revenues of approximately $394.1 million in 2016.  ... a trend of solid growth, in particular as a ... oncology clinical practice, and the recent introduction of a ... the need for less-invasive testing of tumor biomarkers to ...
(Date:7/10/2017)... GAITHERSBURG, Md. , July 10, 2017 ... in non-animal test methods, is the recipient of a ... by the PETA International Science Consortium. The device, which ... be used to expose human lung cells to airborne ... lung. IIVS will use the VITROCELL® system for testing ...
Breaking Medicine Technology: