Ayala looks beyond Covid with P10-B investment on healthcare

MANILA – As the country continues to grapple with COVID-19, AC Health takes a valuable lesson from its 187-year-old parent Ayala Corporation: Don’t put all your eggs in one basket.

Armed with a P10 billion investment, AC Health has gone a long way in addressing the fundamental gaps in accessibility, affordability, and quality of healthcare. With its President & CEO, Paolo Borromeo, at its helm, AC Health has built an ecosystem that caters to the various healthcare needs of Filipinos.

“As part of Ayala’s commitment to investing in social infrastructure and human capital, AC Health’s vision is to build, invest, and connect various businesses into an integrated and seamless ecosystem of services across three key pillars of healthcare: drugstores, clinics, hospitals, and digital health,” Borromeo said.

AC Health’s portfolio comprises Generika, a chain of 700 drugstores that offer quality and affordable generic medicines; Healthway Philippines, the country's largest clinic network; QualiMed Health Network, which operates mall-based multi-specialty clinics, standalone ambulatory or day surgery centers, and full-service hospitals; and HealthNow, an all-in-one healthcare app that offers telemedicine consultations, online medicine ordering and delivery, and clinic and diagnostic testing booking. AC Health also has a health technology arm, Vigos, as well as medicine importation and distribution arms, IE Medica and MedEthix.