JAKARTA - PT Murni Sadar Tbk (MTMH), the managing company of Murni Teguh Hospitals, secured a working capital credit worth a total of IDR 50 billion from PT Bank Mandiri (Persero) Tbk (BMRI). The credit will be allocated to pay claims to Healthcare and Social Security Agency (BPJS Kesehatan).

Armen Chandra, Corporate Secretary of MTMH, mentioned that the facility consists of Receivable Financing (RF) BJPS Kesehatan and Revolving General Switchable RF BPJS Kesehatan of IDR 30 billion and IDR 20 billion each.

The facility will be available for one year starting from the agreement signing yesterday (10/12) and equipped with a floating interest rate of 7.75% per annum.

“The credit will be allocated to pay hospital claim bills to BPJS Kesehatan” Chandra confirmed in the information disclosure Friday (13/12).

The collateral submitted to secure this facility includes receivables of IDR 20 billion and the company’s Building Rights Title, as well as receivables of IDR 30 billion, Fixed Asset Collateral as joint collateral, and Cross Default on all collateral and all loans facilities at BMRI.

As of September 2024, MTMH recorded receivables to BPJS Kesehatan of IDR 128.15 billion, equal to 75.29% of total receivables to third parties of IDR 170.21 billion.

Meanwhile, its cash and cash equivalent stood at IDR 2.88 billion or 1.27% of total current assets of IDR 225.93 billion. (LK/ZH)