11/10/2024
Metro Pacific Health Invests in Diliman Doctors Hospital
Metro Pacific Health Corporation (“MPH”), the Philippines’ largest private hospital group, announced today its acquisition of a controlling stake in Diliman Doctors Hospital, Inc. (“DDHI”).
DDHI is a young but fast-growing hospital having just started operations in 2018 and yet already establishing itself as the ‘hospital of choice’ in Northern Quezon City. DDHI has a built-up capacity of 165 beds, sitting on close to 5,000 sqm of land fronting Commonwealth Avenue, with more than 16,000 sqm behind it for surface parking and future expansion. The hospital’s fast growth has been largely attributed to its more than 500 medical practitioners addressing the healthcare needs of surrounding residential subdivisions, such as Ayala Heights, Tierra Pura, Xavierville, Loyola Grand Villas, Capitol Hills, Capitol Homes and Filinvest Homes, among others.
In its 17-year history of transforming hospitals it invests in across the country, MPH has demonstrated what capital, professional management and group synergies can do to improve healthcare delivery. Similarly, MPH already has transformative plans in place for DDHI, geared to introduce clinical, operational and financial efficiencies for better patient experience and health outcomes.
DDHI is MPH’s 3rd investment transaction this year, and its 26th hospital investment in the country, bringing the group’s total in-patient capacity to more than 4,300 beds. Among MPH’s premier hospital names in its portfolio are Makati Medical Center, Asian Hospital and Medical Center, Cardinal Santos Medical Center, Manila Doctors Hospital and Marikina Valley Medical Center in Metro Manila, Calamba Medical Center in Southern Luzon, Riverside Medical Center (Bacolod) in the Visayas, and Davao Doctors Hospital and St. Elizabeth Hospital (General Santos) in Mindanao.