Metro Pacific Health Completes Acquisition of Agusan del Sur Hospital, its 6th in Mindanao and 25th in the Network

September 26, 2024

Metro Pacific Health Corporation (MPH), the leading private hospital group in the country, together with its subsidiary Santos Clinic, Inc. (SCI), owners and operators of Manuel J. Santos Hospital (MJSH) in Butuan, proudly announce the acquisition of a majority shareholding in San Francisco Doctors Hospital (SFDH) in Agusan del Sur.

Metro Pacific Health Corporation (MPH), the leading private hospital group in the country, together with its subsidiary Santos Clinic, Inc. (SCI), owners and operators of Manuel J. Santos Hospital (MJSH) in Butuan, proudly announce the acquisition of a majority shareholding in San Francisco Doctors Hospital (SFDH) in Agusan del Sur. The investment marks the acquisition of MPH’s 6th hospital in Mindanao and 25th in the network.

San Francisco Doctors Hospital is a 100-bed facility in San Francisco, Agusan del Sur, that opened its doors in 2013. Located just 80 kilometers from MJSH, SFDH is well-positioned to benefit from the operational efficiencies and synergies that this strategic investment will bring.

MPH plans to invest heavily in the development and management of SFDH, aiming to enhance the hospital’s capacity to meet the growing healthcare needs of Agusan del Sur and the surrounding communities. This joint investment by MPH and SCI follows a proven strategy of enhancing healthcare delivery in the provinces by linking a larger, urban hospital with a smaller, strategically located facility.



Photo on the left; L-R: Gemma Reyes, outgoing CFO of SFDH, Dr. Terence Vesagas, SCI CEO and incoming SFDH President and CEO, Jose Manuel Reyes, outgoing SFDH CEO, Oslec Lopez, SCI President and MPH Provincial Cluster Head and Chief Operations and Transformation Officer, and Rosalinda Colasito, outgoing SFDH President, during the signing of the Investment Agreement

 

Augie Palisoc, Jr., President of MPH, emphasized the significance of the acquisition, stating, “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. We remain committed to delivering top-quality healthcare services and improving the overall health infrastructure across our archipelago.”

 

Oslec Lopez, President of SCI and MPH’s Chief Transformation and Operations Officer, added, “Our focus has always been on creating a robust healthcare network that can deliver superior patient care across the country and in the localities that we serve. By integrating SFDH into our network, we are expanding our reach and ensuring that the people of Agusan del Sur and nearby areas have access to the best healthcare services.”

 

Dr. Terence Vesagas, Chief Executive Officer of SCI, and the incoming President and CEO of SFDH, expressed his enthusiasm, saying, “This is an exciting time for MJSH and SFDH. With the support of MPH and SCI, we are poised to enhance our services and bring better healthcare outcomes to our patients.”

 

For his part, Jose Manuel Reyes, a member of the founding family of SFDH, expressed his gratitude, saying, “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.”

 

About Metro Pacific Health

Metro Pacific Health is the largest private hospital group in the Philippines, with 25 hospitals to cure with expertise and care with compassion. The hospitals in its network include 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, 2 allied health colleges, and a centralized laboratory, Medi Linx Laboratory.

 

About Santos Clinic, Inc.

Santos Clinic, Inc. operates Manuel J. Santos Hospital in Butuan, a premier healthcare institution established in 1933. As a subsidiary of MPH, SCI is focused on expanding and enhancing the healthcare services in the CARAGA region.

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