Metro Pacific Health Corp. on Thursday reported its acquisition of a majority shareholding of the San Francisco Doctors Hospital in Agusan del Sur.
The company said it acquired the hospital with its unit Santos Clinic Inc., owners and operators of the Manuel J. Santos Hospital, a premier healthcare institution in Butuan established in 1933 .
The investment marks the acquisition of MPH’s sixth hospital in Mindanao and 25th in the network.
San Francisco Doctors Hospital is a 100-bed facility in San Francisco, Agusan del Sur, that opened its doors in 2013.
Located just 80 kilometers from MJSH, the San Francisco Doctors is well-positioned to benefit from the operational efficiencies and synergies that the investment will bring, the company said.
“Our focus has always been on creating a robust healthcare network that can deliver superior patient care across the country and in the localities that we serve. By integrating SFDH into our network, we are expanding our reach and ensuring that the people of Agusan del Sur and nearby areas have access to the best healthcare services,” Celso Lopez, Santo Clinic president and MPH chief transformation and operations officer, said.
MPH said it plans to “invest heavily” in the development and management of SFDH, aiming to enhance the hospital’s capacity to meet the growing healthcare needs of Agusan del Sur and surrounding communities.
The joint investment by MPH and Santos Clinic follows the proven strategy of enhancing healthcare delivery in the provinces by linking a larger, urban hospital with a smaller, strategically located facility, the company said.
“Expanding our network through strategic investments like the one in San Francisco Doctors Hospital allows us to bring accessible and dependable healthcare to more communities. We remain committed to delivering top-quality healthcare services and improving the overall health infrastructure across our archipelago,” Augusto Palisoc, Jr., MPH president, said.
“We are grateful to MPH and SCI for recognizing the potential of SFDH. Their investment will undoubtedly elevate the standard of healthcare in our community and ensure that our patients receive the best possible care,” Jose Manuel Reyes, a member of the founding family of SFDH, said.
Metro Pacific Health is the largest private hospital group in the Philippines, with 25 hospitals. Its network includes the Makati Medical Center, the Asian Hospital and Medical Center, Cardinal Santos Medical Center, Davao Doctors Hospital and Riverside Medical Center in Bacolod, 33 outpatient care centers, two allied health colleges, and a centralized laboratory, and Medi Linx Laboratory.
