<\/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 within the pipeline and hopes to announce a minimum of one deal throughout the yr, while planning to open three to 5 clinics annually over the subsequent three to 5 years.<\/span><\/p>\n \u201cFor now, we now have a number of acquisition targets within the pipeline. Hopefully, we\u2019ll give you the option to announce something throughout the yr,\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 happen to\u2019re asking whether we wish to construct greenfield projects, I feel we\u2019re focusing first on ensuring the Cancer Hospital ramps up. Then the whole lot else, for the foreseeable future, shall be through acquisition,\u201d he added.<\/p>\n Mr. Recio said the corporate is evaluating hospitals with a minimum of 100 beds, Level 2 classification, and locations in densely populated urban areas.<\/p>\n \u201cWe take a look at the standard of the ability, make sure that that it\u2019s not a brilliant fixer-upper. It\u2019s necessary that there\u2019s a superb doctor base related to it that continues to be even after we are available in. I feel those are the necessary constructing blocks,\u201d he said.<\/span><\/p>\n Alongside its acquisition strategy, AC Health plans to expand its clinic network by opening three to 5 facilities annually over the subsequent three to 5 years.<\/span><\/p>\n \u201cThe goal is to expand to a few to 5 clinics per yr in major areas where we feel that it\u2019s necessary for us to be in. I feel that\u2019s the goal for the subsequent three to 5 years,\u201d Mr. Recio said.<\/span><\/p>\n While lots of its clinics are situated in shopping malls, AC Health can also be considering other formats, including roadside business locations.<\/span><\/p>\n \u201cIt just so happens that the department stores sometimes provide us the very best location with essentially the most foot traffic that\u2019s most accessible,\u201d Mr. Recio said. \u201cIt might be that sooner or later we now have locations in business areas which are more roadside also. But we\u2019ll see. It really depends upon what opportunities are presented to us.\u201d<\/span><\/p>\n As a part of its medium-term growth strategy, AC Health goals to expand its network to 1,150 retail pharmacies, 300 clinics, and 10 hospitals through a mixture 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 one other at McKinley West in Taguig before yearend.<\/span><\/p>\n Individually, AC Health, through its pharmaceutical arm AC Health Pharma, entered right into a partnership with Japan-based Taisho Pharmaceuticals in June to distribute healthcare products within the Philippines.<\/span><\/p>\n Under the agreement, AC Health Pharma will distribute Taisho products through AC Health\u2019s network of pharmacies, clinics, medical centers, and hospitals.<\/span><\/p>\n Mr. Recio said the corporate stays on the right track to satisfy 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 the right track. It\u2019s been an encouraging 2026 thus far, despite all of the challenges we\u2019ve seen recently,\u201d he said. \u2014 Alexandria Grace C. Magno<\/b><\/span><\/p>\n<\/p><\/div>\n <\/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 it has several hospital acquisition targets within the pipeline and hopes to announce a minimum of one deal throughout the yr, while planning to open three to 5 clinics annually over the subsequent three to 5 years. […]<\/p>\n","protected":false},"author":1,"featured_media":365440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3453,3431,1035,2393,8044],"class_list":["post-365439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-acquisitions","tag-growth","tag-health","tag-hospital","tag-pursues"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t