Ayala Healthcare Holdings Inc. (AC Health), the healthcare unit of the Ayala Group, is building the country’s first cancer specialty hospital in FTI Complex in Taguig City.
AC Health said in a statement Tuesday it signed a strategic partnership with Cancer Treatment Services International (CTSI), a unit of Varian Medical Systems, to develop and operate the hospital scheduled for completion by 2023. The project is expected to cost over P2 billion.
“We are delighted to partner with CTSI to bring much-needed affordable quality cancer care services to more Filipinos. This project is part of our broader commitment to continue to invest in the country despite the pandemic,” AC Health chairman Fernando Zobel de Ayala said.
CTSI is a leading oncology services provider that has supported the delivery of safe, quality, and affordable cancer care worldwide for nearly two decades. It provides clinical services and
solutions to over 100 hospitals, clinics, and physician groups around the world with a focus on multidisciplinary oncology care.
“We are excited to partner with AC Health to establish the first cancer specialty hospital in the Philippines. Our strategic partnership with AC Health spans the entire cancer care continuum from diagnosis through treatment and follow up, and our vision is fully aligned with AC Health’s goal to provide quality and affordable comprehensive cancer care to Filipinos,” Andrew Shogan, senior vice president of CTSI, said.
The cancer hospital will be a specialized center, equipped with diagnostic equipment (including a PET Scan), chemotherapy facilities, linear accelerators for advanced radiation therapy and operating rooms for the specialist surgeons. The hospital will be led by some of the top local oncologists.
“This cancer hospital is envisioned to be an integral pillar of our integrated healthcare ecosystem. With this hospital as our future referral hub, our network of Healthway specialty and family clinics can provide cancer screening programs, while our pharma companies, IE Medica and MedEthix, can source more affordable cancer medicines for our patients,” AC Health president and chief executive Paolo Borromeo said.
AC Health’s portfolio currently includes Generika Drugstore , the pioneer in generic retail pharmacies, IE Medica and MedEthix , major pharmaceutical importer and distributor, FamilyDOC, the country’s largest primary care clinic network, and Healthway Medical, one of the most trusted brands of mall-based multi-specialty and corporate clinics in the country.