Manuel Pangilinan-led Metro Pacific Health Corp. (MPH) is planning to acquire up to four hospitals this year as part of its strategy to expand its healthcare network across the Philippines.
MPH President Augusto Palisoc Jr. shared in a recent press briefing that the company is in active talks with various hospital owners to secure new deals, emphasizing that the goal is to acquire as many hospitals as possible.
In 2024, MPH acquired significant stakes in four hospitals: City of General Trias Doctors Medical Center in Cavite, San Francisco Doctors Hospital in Agusan del Sur, Parañaque Doctors Hospital, and Diliman Doctors Hospital, both in Metro Manila.
MPIC Chief Financial Officer Chaye Cabal-Revilla expressed optimism about the healthcare arm’s growth, highlighting the double-digit increase in revenues and profits. In fact, MPH contributed P560 million to the group’s total earnings last year, a 70% increase from previous years.
MPH’s existing hospitals include major facilities such as Asian Hospital and Medical Center, Cardinal Santos Medical Center, and Manila Doctors Hospital.
Additionally, in February 2025, MPIC and the Ayala Group entered into an agreement to merge their digital healthcare platforms. This partnership, valued at less than P1 billion, involves the Ayala Group’s KonsultaMD, a leading health hotline platform that provides 24/7 consultations, diagnostics, medicine delivery, and home care. Despite the merger, KonsultaMD will retain its brand under new management.
This strategic move will complement MPH’s services, particularly in terms of digital health solutions. KonsultaMD has over 2.7 million users and a broad network of partner doctors, while MPH’s digital health platform, mWell, serves 3.1 million users globally, further strengthening the digital health offerings across MPH’s network of hospitals.