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HEALTHWAYMEDICALNETWORK.COM.PH<\/p>\n HEALTHWAYMEDICALNETWORK.COM.PH<\/p>\n
AYALA Healthcare Holdings, Inc. (AC Health), which operates hospitals and clinics under Healthway Medical Network (HMN), said it has several hospital acquisition targets in the pipeline and hopes to announce at least one deal within the year, while planning to open three to five clinics annually over the next three to five years.<\/p>\n
\u201cFor now, we have a few acquisition targets in the pipeline. Hopefully, we\u2019ll be able to announce something within the year,\u201d AC Health Chief Strategy and Investment Officer Rafael Jaime V. Recio told reporters on the sidelines of an event last week.<\/p>\n
\u201cBut if you\u2019re asking whether we want to build greenfield projects, I think we\u2019re focusing first on making sure the Cancer Hospital ramps up. Then everything else, for the foreseeable future, will be through acquisition,\u201d he added.<\/p>\n
Mr. Recio said the company is evaluating hospitals with at least 100 beds, Level 2 classification, and locations in densely populated urban areas.<\/p>\n
\u201cWe look at the quality of the facility, make sure that it\u2019s not a super fixer-upper. It\u2019s important that there\u2019s a good doctor base associated with it that remains even after we come in. I think those are the important building blocks,\u201d he said.<\/p>\n
Alongside its acquisition strategy, AC Health plans to expand its clinic network by opening three to five facilities annually over the next three to five years.<\/p>\n
\u201cThe target is to expand to three to five clinics per year in major areas where we feel that it\u2019s important for us to be in. I think that\u2019s the target for the next three to five years,\u201d Mr. Recio said.<\/p>\n
While many of its clinics are located in shopping malls, AC Health is also considering other formats, including roadside commercial locations.<\/p>\n
\u201cIt just so happens that the malls sometimes provide us the best location with the most foot traffic that\u2019s most accessible,\u201d Mr. Recio said. \u201cIt could be that at some point we have locations in commercial areas that are more roadside also. But we\u2019ll see. It really depends on what opportunities are presented to us.\u201d<\/p>\n
As part of its medium-term growth strategy, AC Health aims to expand its network to 1,150 retail pharmacies, 300 clinics, and 10 hospitals through a combination of organic growth and acquisitions.<\/p>\n
Earlier this month, HMN expanded its multi-specialty outpatient network to 18 centers nationwide with the opening of its flagship facility at One Ayala in Makati City.<\/p>\n
Following the launch of the One Ayala facility, HMN said it plans to open a standard-sized multi-specialty center in Batangas in August and another at McKinley West in Taguig before yearend.<\/p>\n
Separately, AC Health, through its pharmaceutical arm AC Health Pharma, entered into a partnership with Japan-based Taisho Pharmaceuticals in June to distribute healthcare products in the Philippines.<\/p>\n
Under the agreement, AC Health Pharma will distribute Taisho products through AC Health\u2019s network of pharmacies, clinics, medical centers, and hospitals.<\/p>\n
Mr. Recio said the company remains on track to meet its long-term expansion targets despite industry challenges.<\/p>\n
\u201cI wouldn\u2019t say we\u2019re ahead. I\u2019d say we\u2019re making good progress\u2026 It looks like we\u2019re on track. It\u2019s been an encouraging 2026 so far, despite all the challenges we\u2019ve seen lately,\u201d he said. \u2014 Alexandria Grace C. Magno<\/p>\n","protected":false},"excerpt":{"rendered":"HEALTHWAYMEDICALNETWORK.COM.PH AYALA Healthcare Holdings, Inc. (AC Health), which operates hospitals and clinics under Healthway Medical Network (HMN), said…\n","protected":false},"author":2,"featured_media":546931,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[231825,103,397,396,61,60],"class_list":["post-546930","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-alexandria-grace-c-magno","tag-health","tag-health-care","tag-healthcare","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/546930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=546930"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/546930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/546931"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=546930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=546930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=546930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}