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Philippines

 

Private equity bids for The Philippines’ largest hospital group

American private equity giants are reportedly vying for a minority stake in Metro Pacific Hospitals, the largest private hospital group in The Philippines, but are valuing the group at a lower price than initially speculated. Euronews reports that bidders including KKR, Blackstone, CVC and Singaporean wealth fund Temasek holdings are competing for a stake in the […]
August 22, 2019

Minority stake in $2bn Metro Pacific could put IPO back on the table

Investment firm Metro Pacific Investments Corp (MPIC) is reportedly preparing to sell a minority stake in its hospital business, the largest in the Philippines, in a deal that would value the company at $2bn or 15.8x 2019 expected EBITDA. HBI sources speculate that it could be the run-up to an IPO.
June 20, 2019

Germany welcomes wave of Filipino nurses to combat recruitment crisis

Asklepios, Germany's second largest operator of private hospitals by revenue, has set up a pipeline from the Philippines with an initial cohort of 260 being recruited and more to follow. We speak to a healthcare workforce specialist and a German-based operator to find out why.
August 17, 2018

Kate Tulenko, CEO of Corvus Health, on the Filipino skills drain

Filipino nurses have been flooding out of the country for decades to pursue more lucrative opportunities. What does this mean for Filipino healthcare? We speak to global workforce expert Kate Tulenko from US-based Corvus Health on the ramifications of the Filipino skills drain.
August 10, 2018

Germany welcomes wave of Filipino nurses to combat recruitment crisis

Asklepios, Germany's second largest operator of private hospitals by revenue, has set up a pipeline from the Philippines with an initial cohort of 260 being recruited and more to follow. We speak to a healthcare workforce specialist and a German-based  operator to find out why.
August 10, 2018

FREE BLOG HBI Awards 2017: Training initiatives that massively improve quality and delivery

Aster DM described in great detail how enhanced learning programmes and cultural change, which left far more responsibility in the hands of staff, led to big improvements in care. One of the largest and fastest growing conglomerates in the MENA region, Aster DM Healthcare covers the full spectrum of healthcare services with a portfolio that includes hospitals, clinics, diagnostic centres, retail pharmacies and consultancy services.
July 6, 2018

Singaporean investor looks to build southeast Asian hospital network

Healthcare Nova talks to the CEO of a Singapore-based private equity group that has put US$100m towards building a hospital network spanning Vietnam, Malaysia, Indonesia, the Philippines, Cambodia and Vietnam, and is set to spend US$100-200m more. The network will encompass elements of a private-public-partnership by building on public land and cater to the middle-class.
April 25, 2018

New lab group plans Filipino market consolidation

Newly formed Great Asia Pacific Healthcare Corp plans to become the largest laboratory group in the Philippines, according to founder Clark Allen Cruz. Healthcare Nova talks to him to find out how.
March 15, 2018

HCG plans international market expansion

Healthcare Global, the largest Indian cancer hospital chain, had recently acquired facilities in Kenya to establish its 1st comprehensive center outside India. As part of long-term strategy, in the next few years, HCG plans to have presence in Africa, SE Asia and the Middle East. Chairman and CEO, Dr. BS Ajaikumar, who is speaking at HBI 2018, explains.
February 19, 2018
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