Metro Pacific Health (MPH) in the Philippines has expanded its healthcare network through the acquisition of a controlling stake in Diliman Doctors Hospital (DDHI).
This move aligns with MPH's ongoing strategy to enhance healthcare delivery across the country.
DDHI, a relatively new player in the healthcare sector, began operations in 2018 and is situated in Northern Quezon City.
The facility has a capacity of 165 beds on a nearly 5,000m² plot along Commonwealth Avenue. DDHI also has an additional 16,000m² reserved for parking and potential expansion.
DDHI president and lead founder Dr Lani Ancheta said: “We recognised the need for a strong institutional partner, and there was no better choice for that than the clear industry leader that is Metro Pacific Health.
“We have full trust in the MPH leadership to deftly steer the organisation onwards to realise the hospital’s full potential.”
DDHI is set to benefit from MPH's approach, with plans to introduce clinical, operational, and financial efficiencies aimed at enhancing patient experience and health outcomes.
MPH Corporate Development director Jose Noel de la Paz said: “We are deeply honoured and grateful that Dr Lani along with her co-founders entrusted the care and development of her brainchild to us at MPH.
“It is a heavy responsibility, but we nevertheless draw confidence from the breadth and depth of the professional management team we have developed over the years, the wealth of best practices learned from our nationwide network of hospitals, plus the guidance of our Chairman Manuel V Pangilinan, whose vision to deliver quality and affordable healthcare to all Filipinos started this all.”
This acquisition marks MPH's third investment transaction of the year and its 26th hospital investment in the Philippines, increasing the group's total in-patient capacity to over 4,300 beds.
MPH's portfolio includes renowned hospitals such as Makati Medical Center, Asian Hospital and Medical Center, and Manila Doctors Hospital, among others.