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MVP group eyes Zamboanga hospital in 2013

Rappler.com

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Manuel V. Pangilinan says the 3rd hospital they are eyeing to acquire this 2013

MANILA, Philippines – It comes in threes.

After finalizing the acquisition of De Los Santos Medical Center in Quezon City and Central Luzon Doctors’ Hospital (CLDH) in Tarlac, the Metro Pacific Hospital Group is planning to end the year with a 3rd hospital to add this year to its growing portfolio.

“We’re looking at [a hospital in] Zamboanga. It has 200 beds,” Metro Pacific chair Manuel V. Pangilinan told reporters on the sidelines of the TOYM event on Monday, June 24. 

Why Zamboanga in western Mindanao? “Were looking at provincial hospitals in nuclear citiies,” Pangilinan said. 

He added that the deal for the Zamboanga hospital will be completed this 2013. It will be the 9th for the group.  

Diversified conglomerate Metro Pacific Investments Corp (MPIC) announced in March that it is setting aside P3.5 billion for the new hospital acquisitions and increased ownership in the existing hospitals under its expanding network.

MPIC’s hospital group currently holds the country’s largest chain of private hospitals, including Makati Medical Center, Cardinal Santos Medical Center in San Juan, Our Lady of Lourdes Hospitals in Sta Mesa, Manila, Riverside Medical Center in Bacolod and Davao Doctors Hospital in Mindanao.

Once secured, the target hospitals will add to the company’s hospital portfolio of over 2,000 beds. – Rappler.com

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