AC Health shareholding in Healthway QualiMed Health Network up 94%

The healthcare firm seeks to invest in facilities and expand its footprint.

Ayala Healthcare Holdings, Inc. (AC Health) declared that its shareholding in the Healthway QualiMed Health Network (Mercado General Hospital, Inc.) grew to 94%, which will help advance healthcare in the Philippines.

"Boosting our stake in the Healthway QualiMed Health Network underscores our continued commitment to advancing healthcare in the country. Moving forward, we will further invest in our facilities and expand our footprint to provide quality and affordable care to more Filipinos,” said Paolo Borromeo, AC Health President and CEO, in a statement.

In 2023, AC Health unveiled its unified hospitals and clinics brand—the Healthway Medical Network—demonstrating its commitment to delivering seamless and integrated care across the network.

Since acquiring a majority stake in 2020, AC Health has invested in upgrading the facilities and equipment of the Healthway QualiMed Health Network, which initially spanned four general hospitals, one ambulatory surgical centre, and several clinics across the country. 

AC Health is also set to open three new Healthway Multispeciality Centers in Cagayan de Oro, Davao, and Cebu by year-end.

“As the Healthway Medical Network expands, we will not waver on our promise of delivering patient-centric care. We will continue improving our services and facilities to benefit our growing community of patients across the Philippines” said Jimmy Ysmael, Healthway Medical Network President and CEO.