MPH aims to acquire four hospitals this year

Metro Pacific Health Corporation (MPH), a subsidiary of Metro Pacific Investments Corporation (MPIC) and the Philippines' largest hospital group, aims to acquire at least four hospitals this year.

In an interview, MPH President Augusto P. Palisco Jr. expressed hope for continued growth after acquiring four hospitals in 2023 and 2024.

MPH's expansion is also driven by its reorganized senior management team, with Dr. Harish Pillai handling operations and allowing Palisco to focus on investments.

MPIC CFO Chaye Cabal-Revilla reported that MPH increased its earnings contribution to MPIC by 50% to ₱560 million last year due to hospital network expansion.

Among recent acquisitions is a majority stake in San Francisco Doctors Hospital (SFDH) in Agusan del Sur and the City of General Trias Doctors Medical Center, Inc. in Cavite.