Ayala Healthcare Holdings, Inc. (AC Health) has acquired 100 per cent of Healthway Philippines, one of the leading clinic networks in the country, from Hong-Kong based HKR International (HKRI) Limited, according to a report.
The addition of Healthway’s seven mall-based multi-specialty clinics, and 40 corporate clinics expands AC Health’s clinic portfolio, which today includes 70 FamilyDOC community-based primary care clinics, and 10 corporate clinics, Ayala Corporation said in a disclosure to the Philippine Stock Exchange.
The agreement was signed on December 6, 2019 between Healthway Philippines, represented by Sidney Hui, President and CEO, and the AC Health leadership team led by Fernando Zobel de Ayala, Chairman of the Board, and Paolo Borromeo, President and CEO.
Since it began operations in 1998, Healthway has served over 2 million patients, and has a network of around 800 doctors, across different specialties. It has branches in SM North EDSA, Festival Mall, Alabang Town Center, Adriatico Manila, Shangri-La Mall, Market-Market, and Greenbelt 5.
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