Tuesday, July 08, 2008 DDH to elect new execs next month
THE president of the Davao Doctors Hospital (DDH) Monday said a new set of officers will be elected next month to manage the leading health care institution in Davao Region.
But Dominador Cabrera, DDH president, failed to reveal who will compose the new members of the board of directors.
"By August we will elect a new set of officers, and by November this year, I will be the executive president for medical affairs," Cabrera told reporters.
With the entry of new investor, the Metro Pacific Investment Corporation (MPIC), which is now considered as the biggest shareholder of the DDH, Cabrera said they expect that DDH will improve much better.
MPIC bought 34 percent shares of the total issued shares for P1,600 each for a total of at least P500 million.
The other 66 percent, Cabrera said, is owned by different shareholders.
He also said MPIC requested DDH for the latter's "wish list."
Two of the things, which topped the list, are parking space and more facilities for diagnosis to serve the community better.
"We had meetings with MPIC, we welcome them because they are businessmen, they know better," Cabrera said.
He also noted that DDH is not losing.
"DDH is not losing, we're making money. We are not like Makati Med that when MPIC entered, they are already losing," he said.
Cabrera also said that with MPIC's entry, it will eventually open the possibility for the DDH to become one of the medical institutions in the country which offer medical tourism.
Jose Ma. Lim, chief executive officer of the MPIC, meanwhile said in his speech that it is a great privilege to be a part of the DDH.
He added that DDH and MPIC will be working hand in hand to deliver better services to the community now that another year was added for the hospital's operation.
DDH celebrated its 39th Anniversary Monday. The hospital will actually have a week-long celebration with scheduled free services given to limited patients until Friday. (JGRS)
