This is in relation to the settlement between PhilHealth and the Hospital Managers Inc., which formerly managed the Cardinal Santos Medical Center. Initially, PhilHealth demanded P240 million from HMI because the hospital supposedly “under-deducted” from the payment balances of patients. Former Senior Vice President for Legal Sector Edgar Asuncion reasoned that the P70 million settlement was decided by the court. “After the court has appreciated all the evidence, the court found out that it was just P70 million. That was the purpose of judicial accounting because there was a big difference between what PhilHealth was saying and what HMI was saying,” he said.

Source: Philippine Daily Inquirer August 27, 2020 09:41 UTC