MVP's MPH eyes at least 4 more hospitals

Metro Pacific Health Corp. (MPH), the Philippines’ largest hospital group and a subsidiary of Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC), is looking to acquire four or more hospitals this year.

- By JAMES A. LOYOLA

In an interview, MPH Vice Chairman and President Augusto P. Palisoc Jr. said they acquired four hospitals last year and, “I’m hoping we can do the same, if not more, for this year.”

He noted, though, that, “it’s really very difficult to promise or estimate,” because some negotiations may take years, while some are quickly concluded.

Palisoc said they continue to want to “acquire as many as we can,” noting that they were able to ramp up to four acquisitions last year, compared to their historical average of less than two a year, thanks to a reorganization of the senior management team.