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Saturday, November 23, 2024

Metro Pacific unit acquires majority stake in Medical Center Imus

Metro Pacific Health Corp. expanded its nationwide network of private hospitals with a 70.4-percent investment in Medical Center Imus, its 21st hospital investment to date.

Aerial shot of Medical Center Imus in Cavite province

MCI, established by a group of 30 enterprising founders 21 years ago, is a 90-bed Level 2 hospital, readily expandable to 120 beds.

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It caters to the cities of Imus and Bacoor, with a combined population of a million, on the strength of a pool of 97 active specialists and 200 visiting doctors. It sits on more than a hectare of property, inclusive of about 6,000 square meters of vacant land currently utilized for surface parking.

“This is our first hospital in the much-coveted Cavite province which, due to industrialization and the influx of OFW families in the past decades, has grown to be the country’s second most populated and second densest province [next to Cebu and Rizal, respectively],” said MPH president Augie Palisoc Jr.

“We see a lot of potential in this hospital given that it is in the middle of a highly populated fertile market. We are excited to apply MPH’s group synergies to MCI and raise patient experience to new levels never before seen in Cavite, by strengthening management and investing in infrastructure improvements,” said incoming deputy chief executive Dr. Jo Eileen Suzanne Ringler-Pama.

MPH is the Philippines’ largest private hospital group with a nationwide network of now 21 hospitals, including Makati Medical Center, Cardinal Santos Medical Center, Asian Hospital, Manila Doctors Hospital, Marikina Valley Medical Center, De Los Santos Medical Center, Our Lady of Lourdes Hospital, Commonwealth Hospital and the Jesus Delgado Memorial Hospital in Metro Manila.

The MPH group also includes Central Luzon Doctors Hospital in Tarlac; Sacred Heart Hospital in Malolos, Bulacan; Calamba Medical Center and Los Banos Doctors Hospital in Laguna; Riverside Medical Center in Bacolod; Ramiro Community Hospital in Bohol; MJ Santos Hospital in Butuan; Davao Doctors Hospital in Davao; St Elizabeth Hospital in General Santos City; Howard Hubbard Hospital in Polomolok; and West Metro Medical Center in Zamboanga.

The MPH network also has 24 outpatient care centers, six provincial cancer radiotherapy centers, two allied healthcare colleges and 1 central laboratory.

MPH said it has been its mission of investing and transforming healthcare in the country since 2007, under the leadership of chairman Manuel Pangilinan, so that all Filipinos could have access to quality and affordable treatment.

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