Metro Pacific to expand Delgado Hospital in 5 years

MANILA, Philippines — Dr. Jesus C. Delgado Memorial Hospital (JDMH), now majority owned by Metro Pacific Investments Corp. (MPIC), plans to expand in the next five years.

In a press briefing yesterday, JDMH officials said they are targeting to increase the number of its beds to 100 by 2022.

Rodriquez said MPIC has invested heavily in Delgado Hospital which allowed  the healthcare facility to bring in new and modern equipment.

“We are in talks with our neighbors for the purchase of properties beside us.  We are also looking at coming up with satellite clinics,” Rodriguez said.

JDMH board director Ma. Violeta Delgado-Cojuangco, who represents the Delgado family, said they are happy to partner with MPIC.

At the same time, she said the family would continue to retain a stake in the hospital to honor the legacy of her father, the late Dr. Jesus Delgado.

Rodriguez said MPIC has no intention of taking full ownership in JDMH.

Last year, MPIC acquired the Delgado Clinic Inc. (DCI), which operates JDMH, for P133.56 million.

DCI is a tertiary general hospital located along Kamuning Road in Quezon City.

JDMH joins MPIC’s portfolio of hospitals which include Makati Medical Center, Asian Hospital, Cardinal Santos Medical Center, Manila Doctors Hospital, De Los Santos Medical Center, Our Lady of Lourdes Hospital, and Marikina Valley Medical Center.

Aside from these facilities, MPIC also has at least five provincial hospitals namely Davao Doctors Hospital, Riverside Medical Center in Bacolod, Central Luzon Doctors’ Hospital in Tarlac, West Metro Medical Center in Zamboanga, and Sacred Heart Hospital in Malolos, Bulacan.