Sunday, August 31, 2008

Philippine school plans to acquire more hospitals

A Philippine school which also runs two hospitals in Quezon City plans to acquire two more medical facilities. Systems Technology Inc. (STI), which owns De Los Santos Medical Center and Del Mundo Hospital, plans to buy two more hospitals, one in Davao and another in Metro Manila.

The Davao facility has 100 beds while the Metro Manila hospital has 70, said STI, which also offers nursing courses. Monico Jacob, STI’s President and chief executive officer, said the school is also planning to acquire a network of hospitals with 2,000 beds.

De Los Santos Medical Center, located along EspaƱa Avenue in Quezon City, was founded in 1949 by Dr. Jose V. de los Santos, the father of Philippine orthopedics. Meanwhile, the del Mundo facility, which has 107 beds, was named after Dr. Fe del Mundo, an internationally-recognized Filipino pediatrician.

Besides receiving the Ramon Magsaysay award for public service in 1977, she was also conferred the rank of a National Scientist in 1980. - Cheryl M. Arcibal, GMANews.TV

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