Metro Pacific Health Corp. (MPHC), a subsidiary of Metro Pacific Investments Corp. (MPIC), is set to acquire at least four hospitals this year, continuing its aggressive expansion strategy in the Philippine healthcare sector. Last year, the company successfully acquired four hospitals, surpassing its historical average of less than two each year.
Augusto P. Palisoc Jr., MPHC vice chairman and president, expressed optimism for more acquisitions this year, despite the unpredictable nature of transaction timelines. He credited the pace of the acquisitions to the recent reorganization of its senior management team, including the appointment of Dr. Harish Pillai as CEO to oversee them.
Chaye Cabal-Revilla, MPIC CFO and MPHC director, highlighted the company’s performance, with its health division posting 50 percent more earnings, contributing P560 million to MPIC’s overall income in 2024. MPHC now operates 27 hospitals across the country, including such institutions as the Makati Medical Center and Asian Hospital. The acquisition of a majority stake in San Francisco Doctors Hospital in Agusan del Sur, also strengthened their presence in Mindanao, totaling six hospitals.
With a growing portfolio and continued double-digit growth across all financial metrics, Metro Pacific Health maintains its position as the largest private hospital group in the Philippines, signaling a robust outlook for its future expansion.
