HBI Deals+Insights / M&A/IPOs

MPIC’s hospital arm to expand in primary care

MPHHI, Filipino conglomerate MPIC’s hospital arm, is to launch a network of primary care centres. The group, whose net income surged 41% to P1.8bn (US$40m) in 2016, also wants to add a minimum of 10 hospitals to its network in the next five years, some of them from scratch – a departure from its usual buy-and-build growth strategy.

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