The Philippine Securities and Exchange Commission published a press release promoting its Securing and Expanding Capital for Hospital Entrepreneurs (SEC HOPES) programme, encouraging private hospitals to use the capital market to finance expansion, upgrades and new healthcare facilities. The update followed the SEC HOPES conference held on November 25 at the SEC Headquarters in Makati City. Issued under SEC Memorandum Circular No. 11, Series of 2017, SEC HOPES streamlines the registration process for hospital securities offerings by reducing the SEC review period to 28 days from the standard 45 days through a Simplified Registration Statement. As of December 2025, the SEC had registered 18 private hospitals under the programme, with total registered shares of PHP 19.95 billion and a total issue value of PHP 17.05 billion; the SEC linked improved access to funding to addressing the country’s hospital capacity gap highlighted by the Department of Health’s Philippine Health Facility Development Plan 2020–2040.
Philippine Securities and Exchange Commission 2025-12-29
Philippine Securities and Exchange Commission urges private hospitals to tap capital markets through SEC HOPES streamlined registration
The Philippine SEC is promoting its SEC HOPES programme to encourage private hospitals to use capital markets for expansion. Under SEC Memorandum Circular No. 11, Series of 2017, the programme reduces the registration review period to 28 days for quicker funding access. By December 2025, 18 hospitals registered, with shares totaling PHP 19.95 billion and an issue value of PHP 17.05 billion, addressing the hospital capacity gap identified by the Department of Health.