DAVAO CITY — Davao Doctors Hospital (DDH) is investing about P2 billion over the next five years on an expansion that will include two new facilities outside the city center.
Raymund C. S. del Val, DDH president and chief executive officer, said the investment covers two medical stations, one each in the southern and northern Davao.
“This strategy is part of our hub-and-spoke (approach),” Mr. Del Val said in an interview over the weekend.
The 250-bed hospital in the downtown area will serve as the hub, while the smaller facilities will serve as “spokes” to allow better access to those living on the city’s outskirts.
DDH, which recently completed renovation and upgrading work, has one branch in the Dumoy area in southwestern Davao.
The spoke facilities, he said, will provide primary and ambulatory medical services as well as dialysis and maternal care.
Mr. Del Val said the company is also looking to acquire or set up several other primary care facilities for a wider network within the city.
Built in the 1960s, DDH’s biggest investor is now Metro Pacific Investments Corp. (MPIC), through Metro Pacific Hospital Holdings Inc., with a 35% share.
MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Carmelito Q. Francisco