Investor & Governance
PT Siloam International Hospitals Tbk. (the ”Company”, “Siloam Hospitals”) operates the largest private hospital network in Indonesia. Beginning business in 1996 as PT Sentralindo Wirasta and growing to 4 hospitals by 2010, the Company now manages and operates 23 state-of-the-art-hospitals, comprising 7 hospitals in Jadebotabek and 16 hospitals distributed across Java, Sumatra, Kalimantan, Sulawesi,Bali and Nusa Tenggara. Of the 23 hospitals in operation, 15 hospitals are already serving BPJS (National Insurance Program) patients and more to follow in the near future. In September 2013, the Company was listed at the Indonesia Stock Exchange as PT Siloam International Hospitals Tbk. with code SILO.
To meet the demand for world-class medical services by a growing Indonesian middle class as well as the demand from the introduction of the national healthcare plan, Siloam Hospitals is rapidly increasing the numbers of hospitals and broadening the services it offers. Committed to delivering world class healthcare services, Siloam Hospitals invests in the latest medical equipment including 12 Cath Labs, 14 MRI, 25 CT-Scan, 1 Gamma Knife, 2 Linear Accelerators, and 1 Cyclotron within its integrated network. Investment in both technology and medical staff supports a strategic goal to offer a comprehensive range of specialist and general medical services including complex surgical procedures, laboratory services, radiology and imaging services, fertility treatment, diagnostic and emergency services. Siloam Hospitals Lippo Village is accredited by the Joint Commission International (JCI) and BIMC Nusa Dua accredited by the Australian Council on Healthcare Standards (ACHS), setting the stage for further certifications of more hospitals.
By December 2015, Siloam Hospitals had a bed-capacity of 4,800, with 2,100 doctors, of which about 1,700 are specialists, and more than 8,200 nurses, allied health technicians and support staff providing care for almost 2 million patients. The Company’s dedication within the Indonesian healthcare industry is acknowledged locally and internationally. During 2015, the Company received several awards, for example, the
2015 Indonesia Hospital of the Year from Frost & Sullivan and the 2015 Indonesia Best Practices Awards: Indonesia Healthcare Most Reputable Brand 2015, based on healthcare survey in Jabodetabek category of private hospitals.
Looking forward, the Siloam Hospitals will continue its focus on ensuring patient satisfaction and expanding the reach of the network. Revenue growth will be driven by increasing contributions from recently opened hospitals and the ramp-up of hospital operations as they gain greater recognition in their locations.