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Two more hospitals on MPIC's investment radar
The Philippine Star
|August 26, 2024
Metro Pacific Health Corp. (MPH), the largest private hospital network in the country, is looking to acquire two more hospitals before the year ends as part of its continuing plan to bolster its network nationwide.
MPH president Augusto Palisoc Jr. said the company is on the lookout for more hospital investments across the country with the goal of ending the year with a nationwide portfolio of 27 healthcare facilities.
“We started 2023 with 19 hospitals. Our battle cry last year is 23 in 2023 so we made four acquisitions. From 19, it became 23. We achieved that objective. For this year, our battle cry is four more in 2024," Palisoc said.
Last May, MPH announced the acquisition of a majority stake in UHBIParañaque Doctors Hospital Inc., becoming the company's 10th hospital in Metro Manila and its 24th hospital nationwide.
Parañaque Doctors Hospital is a 94-bed Level 2 hospital along Doña Soledad Avenue, Better Living Subdivision in Parañaque City.
This story is from the August 26, 2024 edition of The Philippine Star.
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