Navigation Links
Lombard Makes Investment in The Medical City, a Leading Philippine Hospital and Healthcare Provider

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. (

More information is available by visiting or by contacting:

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

Email: tsmith@lombardinvestments Email:

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:
(Date:11/24/2015)... , ... November 24, 2015 , ... In an ... restrictions and variables that determine which patients are or are not eligible for bariatric ... have a BMI over 40, are more than 100 pounds overweight, or have a ...
(Date:11/24/2015)... UT (PRWEB) , ... November 24, 2015 , ... It ... Magazine. For a business, it is critical that the first impression be positive and ... they are not likely to buy anything or want to return. They will also ...
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... ... gather to share their knowledge and experiences at a live taping of the ... Ruesch Center for the Cure of Gastrointestinal Cancers 2015 Symposium at Georgetown University ...
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... Aided by ... today announced an innovative study designed to yield insights into how to detect and ... of biomarkers for pancreatic cancer from small, non-coding RNA molecules (ncRNA), genetic material that ...
(Date:11/24/2015)... ... November 24, 2015 , ... Sir Grout of Baltimore is ... certification. The award recognizes good companies for excellence in service and a commitment ... and hard surface restoration company earned this recognition after a thorough review by ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... NEWS, Va. , Nov. 24, 2015  DILON ... they have signed an agreement for DILON to distribute ... geographies across the globe. The signing of this distribution agreement ... Discovery NM750b Molecular Breast Imaging system and is considered ... to provide better healthcare solutions for clinicians and their ...
(Date:11/24/2015)... , Nov. 24, 2015 Avery Biomedical ... is pleased to announce the appointment of Anders ... Dr. Jonzon ... cardiology at Children,s Hospital, Uppsala University, Uppsala and Children,s ... 1984-1986, he was a fellow at the Cardiovascular Institute ...
(Date:11/24/2015)... LAUSANNE and BERN, Switzerland ... SA, the ARTORG Center for Biomedical Engineering Research of ... and the Division of Endocrinology, Diabetes and Clinical Nutrition ... announce the start of an exclusive collaboration to develop ... control algorithm for the personalised delivery of insulin for ...
Breaking Medicine Technology: