Metro Pacific Health Corporation (MPH), the largest private hospital group in the Philippines and the healthcare arm of the MVP Group, has completed the acquisition of Howard Hubbard Memorial Hospital (HHMH).
Metro Pacific Health Corporation (MPH), the largest private hospital group in the Philippines and the healthcare arm of the MVP Group, has completed the acquisition of Howard Hubbard Memorial Hospital (HHMH). HHMH is majority-owned by MPH, and partly owned by St. Elizabeth Hospital (SEHI), an MPH subsidiary, located in General Santos City.
Established in 1967, HHMH is a 95-bed hospital that has been serving the healthcare needs of thousands of Dole Philippines, Inc. (DPI) employees and residents of Polomolok, South Cotabato and nearby areas. “It’s been a long time coming for this investment, and MPH is excited to finally come in and contribute to the Polomolok community through its expertise in investing in and managing healthcare facilities around the country,” said MPH Chief Transformation Officer, Provincial Cluster Head, and incoming HHMH President Celso Bernard G. Lopez. “The community should expect nothing but the best out of this investment, including major expansions in the hospital’s facilities and service offerings which our incoming management team will put in motion from day one,” Mr. Lopez added.
DPI Vice President and Managing Director, Reynaldo C. Doria, expressed his enthusiasm for the transaction, saying, “DPI is pleased to welcome MPH to the Dole community of Polomolok and is excited to work with them for the continued growth and development of Howard Hubbard Memorial Hospital.” HHMH becomes the 20th hospital in the MPH network and is the 5th hospital located in Mindanao, joining SEHI, Davao Doctors Hospital, Manuel J. Santos Hospital in Butuan, and West Metro Medical Center in Zamboanga.
For MPH Chairman Manuel V. Pangilinan, the investment signifies the continued commitment of MPH to grow and expand its reach beyond the major cities and areas of the country. “Over the past couple of years, there have been many changes and improvements in how MPH operates, and deploying capital through investments in hospitals and other healthcare businesses will always be a key part of our long-term strategy of making the best healthcare accessible to as many Filipinos as possible,” said Mr. Pangilinan, who also added that “investing in communities such as the quaint municipality of Polomolok and having partners like DPI and SEHI will only enhance our capability as an integrated healthcare network, enabling us to help our fellow Filipinos wherever they may be.”
Article by: Dana Macarilay, MPH Marketing Department
Info from: St. Elizabeth Hospital (SEHI) Facebook account
