BUSINESS

MPIC eyes more hospital buyouts after strong deal flow

‘This has been attributed to the company’s recent senior management reorganization, which has helped drive expansion efforts’

Maria Bernadette Romero

Metro Pacific Health (MPH), the healthcare arm of Metro Pacific Investments Corp. (MPIC), is ramping up its hospital acquisition efforts, targeting at least four new deals in 2025 following a strong two-year run.

“We will try to acquire as many as we can,” said MPH vice chairman and president Augusto P. Palisoc Jr. in a recent interview.

Metro Pacific Health has been expanding its hospital network since 2007, with a total of 27 hospitals under its portfolio as of 2025.

Despite this, Palisoc noted that the company has historically averaged fewer than two acquisitions per year.

Deals accelerated in 2023, 2024

The pace of deals accelerated in 2023 and 2024, with Metro Pacific closing four hospital transactions over two years.

“The last two years were rather good where we made four transactions,” Palisoc said. He attributed this to the company’s recent senior management reorganization, which has helped drive expansion efforts.

One of MPH’s recent acquisitions was a majority stake in San Francisco Doctors Hospital in Agusan del Sur last October.

The deal, made through its subsidiary Santos Clinic Inc., brings MPH’s hospital network in Mindanao to six.