Ayala Healthcare Holdings Inc. has completed a deal to take over Healthway Philippines Inc. from Hong Kong-based Healthway Asia Ltd.
The acquisition will boost the healthcare portfolio of the Ayala Group with the addition of Healthway ‘s 7 mall-based specialty clinics and 40 corporate clinics across the country.
AC Health’s current portfolio comprises of 70 FamilyDOC community-based primary care clinics and 10 corporate clinics.
Healthway offers a comprehensive range of out-patient services including specialty consults, imaging, laboratory, specialized diagnostics, ambulatory surgical services, dental services, and physical therapy,
With the purchase, AC Health will be able to serve a broader base of patients that require more than basic diagnostics and primary care. It is eyeing to tap into potential synergies including patient referrals, sharing of medical professionals, and integration of diagnostics and pharmacy services.
Healthway has served over two million patients, and has a network of around 800 doctors, across different specialties. It has also been consistently awarded by Reader’s Digest as the Most Trusted Brand of Ambulatory Clinics for 7 consecutive years.