PhilHealth revokes WellMed’s accreditation
OFFICER-IN-CHARGE Ruben John A. Basa of the Philippine Health Insurance Corporation (PhilHealth) aid in a statement on Monday that his agency “has withdrawn the accreditation of WellMed Dialysis Center and Laboratory Corporation in view of the fraudulent claims for dialysis services filed on behalf of deceased patients.” WellMed has earned the ire of President Rodrigo R. Duterte over claims of fraud. Its owner and vice-president Bryan Christopher W. Sy was indicted last week by the Department of Justice (DoJ) for estafa.
Losses flagged in aerospace unit of DND
The Commission on Audit (CoA) in a report flagged losses by the Philippine Aerospace Development Corporation (PADC) totaling P177.904 million in the last six years. “In the CY 2017 audit, it was reported that PADC’s operational losses for the past five consecutive years (CY 2013-2017) had amounted to P149.615 million. CY 2018 is no different as PADC’s sales revenue totaled only to P5.918 million, with cost of sales and operating expenses of P34.207 million, resulting to operating losses of P28.289 million,” the report said. CoA recommended a comprehensive review of PADC’s operations. PADC was established in 1973 under the Department of National Defense (DND) to develop and maximize the country’s aviation and aerospace industry. — Vince Angelo C. Ferreras
