Hospital Operations Unaffected by Shareholder Dispute

By The Medical City , | January 23, 2019

Atty. Martin P. Samson, Chief Operating Officer of The Medical City (TMC), assured the public today that hospital operations are unaffected by the ongoing legal battles of former CEO Dr. Alfredo R.A. Bengzon against TMC’s major shareholders.


Atty. Martin P. Samson, Chief Operating Officer of The Medical City (TMC), assured the public today that hospital operations are unaffected by the ongoing legal battles of former CEO Dr. Alfredo R.A. Bengzon against TMC’s major shareholders.

“The shareholder dispute will have no impact on the day to day operations of the hospital. Doctors and medical staff, led by our Chief Executive Dr. Eugenio F. Ramos, remain committed to providing the best possible care to our patients, and their efforts have been recognized with the reaccreditation of TMC as one of only five hospitals in the Philippines that have received Joint Commission International (JCI) certification,” said Atty. Samson.

Aside from Dr. Bengzon facing perjury charges, a forensic audit is now underway in an effort to assess and understand how Ms. Margaret Bengzon, the former CEO of the Guam Regional Medical City (GRMC), spent P21.6 Billion of TMC funds on the construction and operation of the Guam subsidiary, when the original approved budget was only P11 Billion.

Contrary to public perception, Dr. Bengzon was never a majority shareholder of TMC and in fact owns only 0.11% of shares.

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Please find a copy of the official press release by clicking here



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Hospital Operations Unaffected by Shareholder Dispute

By The Medical City ,

January 23, 2019


Atty. Martin P. Samson, Chief Operating Officer of The Medical City (TMC), assured the public today that hospital operations are unaffected by the ongoing legal battles of former CEO Dr. Alfredo R.A. Bengzon against TMC’s major shareholders.

Atty. Martin P. Samson, Chief Operating Officer of The Medical City (TMC), assured the public today that hospital operations are unaffected by the ongoing legal battles of former CEO Dr. Alfredo R.A. Bengzon against TMC’s major shareholders.

“The shareholder dispute will have no impact on the day to day operations of the hospital. Doctors and medical staff, led by our Chief Executive Dr. Eugenio F. Ramos, remain committed to providing the best possible care to our patients, and their efforts have been recognized with the reaccreditation of TMC as one of only five hospitals in the Philippines that have received Joint Commission International (JCI) certification,” said Atty. Samson.

Aside from Dr. Bengzon facing perjury charges, a forensic audit is now underway in an effort to assess and understand how Ms. Margaret Bengzon, the former CEO of the Guam Regional Medical City (GRMC), spent P21.6 Billion of TMC funds on the construction and operation of the Guam subsidiary, when the original approved budget was only P11 Billion.

Contrary to public perception, Dr. Bengzon was never a majority shareholder of TMC and in fact owns only 0.11% of shares.

---

Please find a copy of the official press release by clicking here


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