The Ayala Healthcare Holdings Inc. has increased its shareholding in Healthway QualiMed Health Network or the Mercado General Hospital Inc. to 94 percent, signifying its commitment to investing in healthcare in the Philippines.
Since acquiring a majority stake in 2020, AC Health has invested in upgrading the facilities and equipment of Healthway QualiMed Health Network, which comprised of four general hospitals, one ambulatory surgical center and several clinics across the country.
“Boosting our stake in the Healthway QualiMed Health Network underscores our continued commitment to advancing healthcare in the country. Moving forward, we will further invest in our facilities and expand our footprint to provide quality and affordable care to more Filipinos,” Paolo Borromeo, AC Health president and CEO, said.
In 2023, AC Health bared its unified hospitals and clinics brand, the Healthway Medical Network.
AC Health also inaugurated its Healthway Cancer Care Hospital and partnered with the Far Eastern University-Nicanor Reyes Medical Foundation for the management of their university hospital, bringing its count to six.
AC Health is also set to open three new Healthway Multispecialty Centers in Cagayan de Oro, Davao and Cebu by yearend.
“As the Healthway Medical Network expands, we will not waver on our promise of delivering patient-centric care. We will continue improving our services and facilities to benefit our growing community of patients across the Philippines” Jimmy Ysmael, Healthway Medical Network president and CEO, said.
