The healthcare division of conglomerate Metro Pacific Investments Corp. (MPIC) has purchased a controlling interest in Antipolo Doctors Hospital (ADH), increasing its hospital network.
MPIC’s subsidiary Metro Pacific Health (MPH) announced on Thursday that it has acquired a controlling interest in Antipolo Doctors, Inc., the owner and operator of ADH. The hospital is situated on Manuel L. Quezon Extension in Antipolo, Rizal.
MPH’s acquisition of ADH signifies the company’s expansion into the Rizal province, with ADH being its first hospital in the area.
The hospital, ADH, was established in 1992 and is equipped to operate at Level 2 standards. It has a total of 77 beds and serves the regions of Rizal, including Antipolo, Taytay, Teresa, and Angono. ADH has a roster of more than 200 doctors.
MPH reports that ADH has plans to revamp its emergency room and operating rooms and also to establish a new outpatient care center in order to expand its capabilities.
MPH announced that it has added ADH to its private hospital network, making it the 22nd hospital to join. Other hospitals in the network include Makati Medical Center, Asian Hospital and Medical Center, Cardinal Santos Medical Center, Riverside Medical Center, and Davao Doctors Hospital.
MPH stated that their expansion to Rizal not only provides high-quality medical services to the province’s residents, but also furthers their mission of contributing to the country’s development through promoting health. This move to address healthcare deficiencies in a crucial region showcases MPH’s commitment to strengthening the nation’s healthcare system.
MPH’s network of private hospitals includes 26 outpatient care facilities, two allied health colleges, and a central laboratory. The company boasts being the largest group of private hospitals in the nation.
“MPH’s Vice-Chairman and President, Augusto P. Palisoc, Jr., emphasized the company’s unwavering dedication to providing exceptional and empathetic healthcare services to the Filipino community, guided by principles of sustainability, accessibility, and affordability.”
“We remain committed to expanding in order to effectively address the healthcare needs of Filipinos nationwide. This recent inclusion is a testament to that dedication,” he stated.
The first-half attributable income of MPIC, led by Pangilinan, saw an increase of 7.6% to reach P10.22 billion, up from P9.5 billion in the previous year.
MPIC is a significant company in the Philippines, along with Philex Mining Corp. and PLDT Inc., all under the ownership of First Pacific. Hastings Holdings, Inc., a subsidiary of PLDT Beneficial Trust Fund’s MediaQuest Holdings, Inc., has a controlling interest in BusinessWorld through its ownership of the Philippine Star Group. – Revin Mikhael D. Ochave