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:5/25/2016)... ... May 25, 2016 , ... DKT International, one of the ... is pleased to release their 2015 global impact data. In 2015, DKT served ... maternal deaths and 3.8 million unsafe abortions across 21 countries worldwide. , ...
(Date:5/25/2016)... ... May 25, 2016 , ... Conrad Siegel Actuaries, delivering comprehensive ... Prescription Drug survey , an employee benefits survey measuring how Central ... December 2015, indicates that employers are turning to consumer directed health care and ...
(Date:5/25/2016)... ... May 25, 2016 , ... "FCPX LUT Intense allows users to ... said Christina Austin - CEO of Pixel Film Studios. , With the FCPX ... add stylish color grades to their footage. A LUT is a Lookup Table that ...
(Date:5/25/2016)... Atlanta GA (PRWEB) , ... May 25, 2016 ... ... workplace solutions builder, has announced that it will join America's leading engineers at ... will be held at the Georgia World Congress Center. , Engineers, speakers ...
(Date:5/24/2016)... ... May 24, 2016 , ... BTC Media, ... blockchain event, Distributed: Health, to be held in Nashville, Tennessee on September 7, ... A 24-hour Hackathon preceding the event will host teams from around the world, ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... 24, 2016  Joe Marziani has joined VMS BioMarketing as senior vice president of ... In his new role, Marziani will lead the company,s business development and sales team, ... outcomes. Photo - http://photos.prnewswire.com/prnh/20160523/371089 ... ... ...
(Date:5/24/2016)... HONG KONG , May 24, 2016 ... de COMBO ™ , la ... présentent des cathéters destinés à l,intervention portant ... artério-veineuse (FAV)   OrbusNeich, entreprise ... vasculaires permettant de changer la vie, a ...
(Date:5/24/2016)... Een app die artsen over ... patiënten kunnen behandelen, hun kennis kunnen delen en van ... nieuwe en revolutionaire MDLinking App, ontwikkeld door een internationale ... Hans Flu en oncologisch chirurg dr. Gijs van ... wordt op dinsdag 24 mei officieel gepresenteerd op het ...
Breaking Medicine Technology: