BDO Unibank Inc. (BDO) said it provided financial support to The Medical City (TMC), enabling it to extend its healthcare services to more Filipinos.
The funding was essential in ensuring the hospital’s continued operations and navigate the financial challenges posed by the pandemic, the bank said.
The unprecedented surge of patients during the COVID-19 crisis strained healthcare facilities. This experience strengthened TMC’s commitment to broaden its services and address the diverse healthcare needs of the community.
TMC, with financial backing from BDO, expanded its network, now operating four hospitals across various provinces in addition to its flagship hospital in Pasig City. The growth includes sixty stand-alone clinics throughout Metro Manila, Luzon, and Visayas, along with a hospital in Guam.
From serving 500,000 outpatients annually at its flagship hospital, TMC has extended its reach. By the end of 2023, TMC served about 2.3 million outpatients, reinforcing its mission to making healthcare accessible to Filipinos.
TMC said plans to harness artificial intelligence (AI) to promote personalized healthcare, optimize its operations and shift its focus from disease management to prevention. These initiatives aim to cement TMC’s position as a leading healthcare provider in the country.
“For over a decade, BDO has been a steadfast partner, understanding and supporting our needs. During the COVID-19 outbreak, BDO’s backing was vital in allowing TMC to continue serving those in need and supporting our dedicated staff. This partnership has enabled TMC to extend our brand of care to more patients and provide employment opportunities in the communities we serve,” said TMC president and group chief executive Dr. Eugene Ramos.
BDO said it recognizes the critical role of healthcare in building resilient communities.
