Metro Pacific Health Corp, (MPH), the healthcare arm of Metro Pacific Investments Corp. (MPIC), said Thursday it completed the acquisition of a controlling stake in San Francisco Doctors Hospital (SFDH) in Agusan del Sur province.
MPH said in a statement it teamed up with Santos Clinic Inc. (SCI), which operates Manuel J. Santos Hospital (MJSH) in Butuan City, to acquire SFDH.
SFDH, a 100-bed facility established in 2013, is strategically located just 80 kilometers from MJSH, allowing for operational synergies and efficiencies.
MPH said it planned to significantly invest in SFDH to enhance its capacity to serve the healthcare needs of the region.
“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,” said MPH president Augusto Palisoc Jr.
“We remain committed to delivering top-quality healthcare services and improving the overall health infrastructure across our archipelago,” he said.
MPH said the acquisition of SFDH is in line with its vision to integrate healthcare services across the region, fostering collaboration between urban and rural facilities.
By enhancing operational capabilities, MPH aims to not only improve patient care but also address the growing healthcare demands in Agusan del Sur.
SFDH will be MPH’s sixth hospital in Mindanao and the 25th in its network.
“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,” said Jose Manuel Reyes, a member of the founding family of SFDH.
Dr. Terence Vesagas, SCI chief executive and the incoming president and chief executive of SFDH, also expressed enthusiasm over the acquisition.
“With the support of MPH and SCI, we are poised to enhance our services and bring better healthcare outcomes to our patients,” Vesagas said.
MPH is the largest private hospital group in the Philippines. Its network includes Makati Medical Center, Asian Hospital and Medical Center, Cardinal Santos Medical Center, Davao Doctors Hospital and Riverside Medical Center in Bacolod as well as 33 outpatient care centers, two allied health colleges and a centralized laboratory, Medi Linx Laboratory.
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