In a significant move to strengthen its national presence, AC Health, the healthcare arm of the Ayala Group, has expanded its footprint in the Visayas region. The company officially announced the acquisition of a majority stake in the renowned Cebu Velez General Hospital (CVGH) this past Friday.
Consequently, this strategic acquisition was executed through AC Health’s provider arm, the Healthway Medical Network. The agreement signifies a powerful partnership between the Zobel family-led conglomerate and the established Velez family, who have been pillars of Cebu’s medical community for decades.
Furthermore, this move directly supports AC Health’s mission to broaden access to quality healthcare across the Philippines. By integrating CVGH into the Healthway Medical Network, the hospital is poised to benefit from enhanced medical technologies, expanded specialist services, and operational synergies.
Ultimately, this partnership not only marks a new chapter for one of Cebu’s most trusted hospitals but also signals a major step in consolidating a more robust and integrated healthcare network for Filipinos, particularly those in the country’s second-largest metropolis.
