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Registered ba kamo? Ping shows document belying dialysis chain’s claim it’s registered with SEC

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Sen. Panfilo Lacson on Thursday debunked the claim of a dialysis chain that received P45 million in Interim Reimbursement Mechanism (IRM) funds for COVID-19 from the Philippine Health Insurance Corp. (PhilHealth), that it is registered with the Securities and Exchange Commission.

Lacson made public a Certification of Non-Registration of Company issued by the SEC on B. Braun Avitum Dialysis Inc. as a corporation, partnership or one-person corporation.

The certification was issued by SEC assistant director Daniel Gabuyo.

“The Securities and Exchange Commission issued a certification which I read during last week’s hearing that B. Braun Avitum Dialysis Center Inc is not registered as a corporation. Unless they show their documents to the contrary and validated by SEC, I will have to stand by the government agency’s issued document,” Lacson said in a statement.

He was referring to B. Braun’s press release claiming it is registered with the SEC. Lacson noted he also read into the records of the Senate Committee of the Whole the SEC registration of B. Braun Medical Supplies Inc.

Still, he said nothing can justify the release of a whopping P45 million from PhilHealth’s IRM funds for COVID-19 to B. Braun, which does not handle COVID patients – and with such record speed.

In contrast, he said many health care institutions including government hospitals that cater to COVID patients have yet to receive the funds they requested from PhilHealth.

“Nevertheless, nothing can justify the release of funds in the aggregate amount of at least P45 million to B. Braun Avitum Dialysis Center Inc. that has not catered to a single COVID-19 patient and with such record speed, compared to more deserving HCIs, especially government hospitals catering to COVID patients which up to now have not received any payment in relation to PhilHealth Circular 2020-0007, which is its specific intent and purpose,” he said.

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