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Abstract

Introduction to the Problem: The role of the private sector, particularly hospitals conducting an Initial Public Offering (IPO), raises a dilemma because profit orientation often conflicts with the constitutional mandate requiring the State to provide health services for all citizens.
Purpose/Problem Statement: To address the legal issues surrounding hospitals that go public and to formulate a framework ensuring that the business orientation of hospitals continues to guarantee the right to health for the wider community.
Novelty: The idea of integrating the ownership of public hospitals by nonprofit institutions as controlling entities and developing a Social Stock Exchange (SSE) in Indonesia as an alternative social financing instrument.
Methodology: Normative juridical research with a conceptual approach. The analysis focuses on two main concepts: the State’s responsibility in ensuring the right to health and the legal form of hospitals as business entities.
Results/Findings: Hospitals that go public must maintain share ownership by nonprofit legal entities, and Indonesia needs to establish an SSE as a platform for hospitals to obtain additional capital through traded instruments.

Keywords

Hospital IPO Right to Health Share Social Stock Exchange

Article Details

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How to Cite
Darodjat, R., Wanda, Z. A., & Suwandono, A. (2025). Hospital IPO, Between Financialization and the State’s Duty to the Right to Health. Jurnal Bina Mulia Hukum, 10(1), 50-67. https://doi.org/10.24198/jbmh.v10i1.2470
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