Ayala to buy Healthway

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Ayala Corp. said its unit Ayala Healthcare Holdings Inc. (AC Health) is acquiring the Philippine operation of Healthway, one of the leading clinic networks in the country, from Hong-Kong based HKR International (HKRI) Ltd., a diversified company with investments throughout Asia in real estate, hospitality and healthcare.

“The addition of Healthway’s 7 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,” the company said.

The agreement was signed last December 6 between Healthway Philippines represented by Sidney Hui, president and chief executive officer, and the AC Health leadership team led by Fernando Zobel de Ayala, chairman, and Paolo Borromeo, president.

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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.

Ayala said Healthway clinics offer a comprehensive range of out-patient services including specialty consults, imaging, laboratory, specialized diagnostics, ambulatory surgical services, dental services and physical therapy.

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