Jakarta, October 9, 2017- PT Mitra Keluarga Karyasehat Tbk. today announces the acquisition of PT Rumah Kasih Indonesia (Kasih Group) in Jakarta. Mitra Keluarga will control 70% of PT Rumah Kasih Indonesia with total acquisition cost of Rp. 342 Billion.

PT Rumah Kasih Indonesia (Kasih Group) is a Chained Hospital which comprises of 7 hospitals with more than 500 hospital beds located in Greater Jakarta and West Java. Kasih Group Hospital serve around 19.000 outpatient visits and around 2.800 inpatient admission monthly and are BPJS providers. Going forward Mitra Keluarga plans to expand the bed capacity and to improve the facility and services.

The acquisition will further strengthen Mitra Keluarga portfolio to embrace the BPJS Kesehatan market and enable Mitra Keluarga to tap into the different geographical focus in Indonesia through Kasih Group.

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Mitra Keluarga Acquired PT Rumah Kasih Indonesia (Bahasa)

Mitra Keluarga Acquired PT Rumah Kasih Indonesia (English)

Mitra Keluarga at Glance

Mitra Keluarga built its first hospital back in 1989 and currently owns and operates twelve hospitals, of which eight are located in Greater Jakarta, three in Surabaya, East Java, and one in Tegal, Central Java. Typically, the hospitals are equipped with emergency rooms, outpatient clinics, inpatient wards, operating rooms, intensive care units and a pharmacy, as well as laboratory and radiology facilities. The hospitals also offer specialized services such as obstetrics, pediatrics, internal medicine, angioplasty, orthopedics surgery and neurosurgery, amongst others.

From its humble beginnings, Mitra Keluarga has transformed into one of Indonesia’s biggest private hospital operators by an intake of 1.86 million patients in 2016. It is the second largest private hospital in terms of hospital bed capacity with 1,810 operational beds as of 31 December 2016.

Mitra Keluarga employed more than 5,100 medical professionals including doctors, laboratory staff, nurses and therapists with more than 900 specialists practicing in all of its hospitals by 2016.

The company successfully listed its shares in the Indonesia Stock Exchange on March 24, 2015. With 18.0% free-float, Mitra Keluarga has a market capitalization of Rp37.39 trillion as of December 31, 2016. (IDX:MIKA).