Consolidation of Hospitals Owned by State Companies: What’s Up?

More and more private hospitals and healthcare companies raising fresh money from the capital market through initial public offering (IPO) on the Indonesia Stock Exchange (IDX). Hermina and Royal Prima are the latest to join Siloam, Mitra Keluarga, Mayapada, and Omni Hospitals on IDX. How about the so-called Indonesia Healthcare Corporation (IHC), which would consolidate 77 hospitals and clinics operated by some state companies?

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