Ayala health-care unit taps partner to support expansion
Ayala Healthcare Holdings Inc. (AC Health) has partnered with an international medical technology firm to scale its operations and improve the services of its hospitals as it pursues its three-year expansion plan.
Last Friday, the healthcare unit of the country’s oldest conglomerate said it had signed a memorandum of understanding with Becton Dickinson Holdings Pte. Ltd. (BD).
AC Health explained they would improve clinical consulting and workflow optimization by using BD’s technology and products.
Apart from this, both companies would likewise spearhead public health and disease management programs to improve management, early detection, prevention and treatment at AC Health’s network of private hospitals.
Research and development are also included in their agreement, along with training and education for healthcare professionals.
“By combining our local network and market insights with BD’s global capabilities, we aim to deliver meaningful innovation that addresses both business goals and the evolving needs of our patients and communities,” AC Health president and CEO Paolo Borromeo said in a statement.
AC Health currently operates hospitals and clinics through its Healthway Medical Network, which consists of 236 corporate and multispecialty clinics and six hospitals.
It likewise operates drugstores through the Generika and St. Joseph Drug brands, with 880 pharmacies combined. AC Health also imports and distributes medicine through IE Medica and MedEthix.
For their part, BD vice president and general manager Liang Lu said the partnership with AC Health would “drive meaningful improvements in patient outcomes, support public health priorities and build a healthier, more resilient Philippines.”
Based on its website, BD’s products include a wide variety of medical equipment, including syringes, blood collection sets and biopsy systems. Its medical solutions, on the other hand, involve medication delivery, laboratory automation and surgery, among others.
This comes as AC Health is pursuing its goal of becoming a $2-billion healthcare enterprise by 2035 by growing its ecosystem to 1,150 retail pharmacies, 300 clinics and 10 hospitals within the next three years.
