What you need to know about investing in hospital stocks

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Just like in any investment, prudence and due diligence are key! Check out this article FromOurArchives.

In April, yours truly wrote about the benefits of being a stockholder in a hospital, like free room rates and huge discounts on professional and procedure fees, among others.

But with a one-time payment of approximately P250,000 for a hospital stock that would include all the beneficiaries and benefits, it is already a great bargain.Currently, Makati Medical Center , The Medical City , and the United Doctors Services Corporation are allowed by the Securities and Exchange Commission to sell shares to the public.Makati Medical Center stocks, for instance, is at P1,635 per share, with a unique benefits’ package.

For instance, around 2013, two hospitals – Diliman Doctors Hospital and Pacific Global Medical Center – received a cease and desist order from the SEC. They were actively selling shares of stock to the public without prior authorization from the regulator.

 

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