Top Healthcare Companies in Philippines

The healthcare industry in the Philippines has witnessed significant growth in recent years, driven by various factors, including government initiatives, a growing population, and increasing demand for quality healthcare services. In this article, we discuss key statistics from 2022, including the industry's GDP and employment contributions, factors contributing to growth and success, industry performance, and key trends such as technological disruptions. We also examine the challenges faced by the industry and its future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
APEX HARMONY LODGE67 +65 6585 2265

Apex Harmony Lodge (AHL) has been a community committed toempowering lives affected by dementia since 1999. We are the firstand only purpose-built lodge for Persons with Dementia (PWDs).Anchored by our vision and mission, we strive to reframe dementia,celebrating dementia as a unique phase of life, so that PWDs can livelife to their fullest. We do this through strength-based, person-centredapproaches in our integrated dementia care, with the beliefthat each PWD is a gift to us. Beyond providing long-term residentialcare (LTRC) in our nursing home across the spectrum, we also provideservices for clients living with dementia and their caregivers in thecommunityOUR VISION:To provide the best of care for persons living with dementia - what is required for a person to live wellOUR MISSION:To be a living model of a home committed to lives affected by dementia#ApexHarmonyLodge

REN CI HOSPITAL278 +65 6355 6574

Established in 1994, Ren Ci Hospital is one of the few charity healthcare institutions in Singapore to provide high quality and affordable medical, nursing and rehabilitative care services for the community, based on the principles of loving kindness and compassion. Today, Ren Ci’s spectrum of care in the Intermediate & Long Term Care (ILTC) sector includes a rehabilitative care in a community hospital, nursing homes, chronic sick unit, a day rehabilitation centre and a senior care centre.As a voluntary welfare organisation (VWO), Ren Ci partners the community to provide inclusive healthcare for quality and meaningful living regardless of race, language or religion.With the rapidly ageing population in Singapore, Ren Ci plays an integral role in supporting the healthcare needs of the elderly through delivering service and care with heart and hope. Ren Ci will operate a new 470-bedded nursing home in Ang Mo Kio in the second half of 2017.

FULLERTON HEALTH645 +65 6333 3636

Fullerton Health is a leading vertically integrated healthcare platform in Asia Pacific. Founded in Singapore in 2010, today they own over 500 medical centres and have a large global network of medical providers across 9 markets in Asia Pacific. Fullerton Health’s value proposition is the integration of healthcare service offerings with customized management and advisory capabilities, in line with its purpose to deliver Affordable and Accessible Care for All in Asia Pacific.For more information on Fullerton Health, please visit http://www.fullertonhealth.com/.

HEALTH FIRST GROUP74 +61 7 5596 4866

Health First Group are on a mission to provide more people access to quality health care in every corner of the country. Our aim is to provide over one million world class consultations per year to the Australian population, in the process setting a new standard in allied health.

HOMAGE513 +65 6100 0055

Homage is a leading technology-driven care and health services platform that combines curated and trained care professionals with smart technology to manage and provide on-demand holistic non-medical and medical services to seniors and adults, allowing them to age and recover at home with grace, control and dignity. Homage’s core care services include Disability and Care Assessments, Activities of Daily Living (ADL) assistance, Nursing Procedures and Rehabilitation services, including Physiotherapy, Speech Therapy and Occupational Therapy. Additionally, Homage Health provides health screening, mobile medicine, telemedicine, ambulance and medication delivery services. Operating in Singapore, Malaysia and Australia, Homage works with care recipients with a range of mobility and medical conditions, including chronic and terminal illnesses such as Dementia, Stroke, Parkinson’s and cancer, helping them be more mobile and functional as well as providing social and personal care. Homage actively collaborates with government, health and financial organisations to distribute and deliver home- and community- caregiving services.

SINGAPORE MEDICAL GROUP486 +65 6356 8909

Incorporated in 2005, Singapore Medical Group (SMG) is a private specialist healthcare provider with a network of 30 specialties. The Group is committed to its promise of providing patient centred medical care and experience to every individual.The Group currently has a total of 30 clinics covering 24 specialties that are strategically located in Paragon, Mount Elizabeth Novena Specialist Centre, Mount Elizabeth Medical Centre, Raffles Place, Connexion and Gleneagles Medical Centre with a growing network of SMG Associates clinics across the island.SMG operates a Medical patient assistance centre hotline service that serves Singapore and international patients.

IQVIA72,302 +65 6962 9100

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. IQVIA creates intelligent connections across all aspects of healthcare through its analytics, transformative technology, big data resources and extensive domain expertise. IQVIA Connected Intelligence™ delivers powerful insights with speed and agility — enabling customers to accelerate the clinical development and commercialization of innovative medical treatments that improve healthcare outcomes for patients. With approximately 86,000 employees, IQVIA conducts operations in more than 100 countries.IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

IQVIA ASIA PACIFIC1,414 +65 6962 9100

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. We are inspired by the industry we serve and provide solutions that enable life sciences companies to innovate with confidence, maximize opportunities and ultimately drive human health outcomes forward. Our approach is Human Data Science – a discipline that advances our understanding of human health and allows stakeholders to make better, more insightful decisions and discover breakthroughs. We provide actionable solutions by tapping into the power of the IQVIA Connected Intelligence™: • Domain Expertise. Institutional knowledge and domain expertise across diseases, geographies and scientific methods.• Advanced Analytics. Faster, more precise decision-making powered by data science, designed exclusively for healthcare. • Unparalleled Data. One of the world’s largest curated healthcare data sources with innovative privacy protections.• Transformative Technology. Leading technologies to provide real-time access to operations-critical information. To learn more, visit www.IQVIA.com.

MIMS PTE LTD918 +65 6290 7400

MIMS is Asia-Pacific’s leading multi-channel provider of trusted, quality medical information, medical education, and knowledge services connecting healthcare communities. Our work empowers healthcare professionals to improve patient outcomes by facilitating knowledge exchange and better decision-making.Today, MIMS has a strong regional presence in 17 countries and regions across Asia-Pacific with approximately two million healthcare professionals subscribed to its drug & resource portal, digital and print publications. We provide solutions to leading pharmaceutical companies and established healthcare institutions across the world.Our Business Value:For over 50 years, MIMS has been a peerless partner and a trusted source of medical knowledge, empowering healthcare professionals to improve decision making in their clinical practices.With our headquarters in Singapore and a business footprint in most Asia-Pacific countries, MIMS has an intimate understanding of the regions. In terms of the scale of audience and scope of services, MIMS has the best capability to effectively engage the healthcare professionals communities.We are best known for our unique and widely accessed drug directory, as well as hosting a wealth of healthcare services to healthcare institutions, pharmaceutical companies, and healthcare professionals.Our Products & Services:MIMS offers a range of products and services that reflect current and continually emerging advances in information delivery - mobile applications, online platforms, drug references, and guidelines as well as integrated knowledge databases.Through our vast network of healthcare audiences, MIMS effectively partners with pharmaceutical companies to communicate and engage with healthcare professionals through MIMS medical publications, continuing professional development programs, and medical congresses to meet healthcare professionals’ lifelong learning needs.

ORANGE VALLEY NURSING HOMES86 +65 6499 4699

Starting with a 108-bed nursing home in 1993, Orange Valley has grown to be one of Singapore’s leading nursing home operators, offering comprehensive one-stop access to eldercare services. We now run 5 nursing homes across the island with over 900 beds. We offer home care, day care and rehabilitation services, as well as supplying eldercare equipment and products. With our comprehensive range of eldercare services and products, Orange Valley aims to be your Partner in Ageing.Orange Valley Nursing Home is now a part of Cuscaden Peak Investments Private Limited.Cuscaden Peak Investments Private Limited (formerly known as Singapore Press Holdings Private Limited before it was privatised on 13 May 2022) is a wholly owned subsidiary of Cuscaden Peak Pte. Ltd. (“Cuscaden Peak”), a consortium made up of three shareholders – Hotel Properties Limited; Mapletree Investments Pte. Ltd., and CLA Real Estate Holdings Pte. Ltd. It has businesses in Retail & Commercial, Purpose-Built Student Accommodation (PBSA), Aged Care and Events Management Businesses.

INTERNATIONAL SOS10,884 +65 6338 7800

The International SOS Group of Companies is in the business of saving lives, protecting global workforces from health and security threats. We deliver customised health, security risk management and wellbeing solutions to fuel our clients’ growth and productivity. In the event of extreme weather, an epidemic or a security incident, we provide an immediate response providing peace of mind. Our innovative technology and medical expertise with a focus on prevention, offers real-time, actionable insights and unparalleled on-the-ground delivery. We help clients meet compliance reporting needs for good governance. By partnering with us organisations can fulfil their Duty of Care responsibilities, while empowering business resilience, continuity and sustainability. Founded in 1985, the International SOS Group, headquartered in London & Singapore, is trusted by 9,500 organisations, including the majority of the Fortune Global 500 as well as mid-size enterprises, governments, educational institutions, and NGOs. 13,000 multi-cultural medical, security and logistics experts stand with you to provide support & assistance from over 1,000 locations in 90 countries, 24/7, 365 days. To protect your workforce, we are at your fingertips: www.internationalsos.com For news and events updates follow us on Twitter - https://twitter.com/IntlSOS

NKF SINGAPORE (THE NATIONAL KIDNEY FOUNDATION)347 +65 6253 0417

The National Kidney Foundation (NKF) strives to be an advocate and integrator for kidney health and holistic care for the community by the community. In its pursuit to support kidney failure patients with quality dialysis treatment and integrated care, its greater mission lies in preventing or delaying Singaporeans from being afflicted with kidney failure. NKF continues to redouble efforts to educate as many people as possible about chronic kidney disease, kidney failure and its debilitating effects through deeper integration into the community and strategic collaborative partnerships in the hope that every Singaporean stays strong and healthy and not end up needing dialysis.

ACTIVE GLOBAL SPECIALISED CAREGIVERS170 +65 6536 0086

We are the leading professional and affordable home care service in Singapore, Hong Kong and Shanghai.We make an impact not only for our patients (typically highly dependent), but also for the quality of life of the whole family. Many family members also told us how they were more able to re-focus on their job, once they have the peace of mind that their elderly parent is well taken care of => Do contact us at singapore@activeglobalcaregiver.com, if you would like to investigate home care solutions for your employeesWe provide both Live-In Caregiver Services and Part-Time Caregiver servicesAll of our Caregivers are nurses with hospital experience, and we give them additional training in Home CareOur caregiving consultants are senior nurses and nursing educators themselvesEA licence: 13C6324

RAMSAY HEALTH CARE9,358 +61 2 9433 3460

Ramsay Health Care is a global health care company with a reputation for operating high-quality services and delivering excellent patient care.Established in Sydney, Australia, in 1964, by Paul Ramsay AO, Ramsay Health Care has more than 50 years of experience in providing acute health care services. Today, the Company delivers a range of acute and primary healthcare services from 530 facilities across 9 countries, making it one of the largest and most diverse private healthcare companies in the world.Ramsay facilities cater for a broad range of health care needs from primary care to highly complex surgery, as well mental health care and rehabilitation. The company employs more than 77,000 staff and treats 8.5 million patients in its hospitals and primary care clinics located in Australia, France, the United Kingdom, Sweden, Norway, Denmark, Germany, Italy, Malaysia and IndonesiaRamsay is well-respected throughout the global health care industry for its quality health care operations and excellent record in hospital management and patient care. Focusing on relationships with staff and doctors - and delivering high quality outcomes for patients - has been at the forefront of its success.Ramsay focuses on maintaining the highest standards of quality and safety, being an employer of choice, and operating its business according to The Ramsay Way philosophy: People Caring for People.

PHILIPS72,254 +65 6882 3999

Over the past decade we have transformed into a focused leader in health technology.At Philips, our purpose is to improve people’s health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities. We see healthcare as a connected whole. Helping people to live healthily and prevent disease. Giving clinicians the tools they need to make a precision diagnosis and deliver personalized treatment. Aiding the patients recovery at home in the community. All supported by a seamless flow of data.As a technology company, we – and our brand licensees – innovate for people with one consistent belief: there’s always a way to make life better.Visit our website: http://www.philips.com/Follow our social media house rules https://www.philips.com/a-w/about-philips/social-media.html

DOCTOR ANYWHERE912 +65 3158 4622

At Doctor Anywhere, we are guided by the core belief that healthcare should be simple, accessible and efficient for everyone. Since our launch in 2017, weve been disrupting the healthcare industry by developing innovative solutions to bridge gaps in the healthcare ecosystem. Our services integrate both digital and offline platforms to empower users to take charge of their health. Headquartered in Singapore, we have regional offices in Malaysia, Thailand, Philippines, Vietnam, Indonesia, and India, serving more than 2.5 million (and growing) users across Asia.If you are excited to be at the forefront of health-tech innovation, and passionate about creating meaningful change, join us at https://doctoranywhere.bamboohr.com/jobs/

CARDINAL HEALTH32,088 +65 6415 3170

Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. With operations in more than 30 countries and approximately 44,000 employees globally, Cardinal Health is essential to care. We are navigating the complexities of healthcare and providing scaled solutions to help our customers thrive in a changing world. We strive to be a trusted healthcare partner by driving growth in evolving areas of healthcare, while building upon our distribution, products, and solutions to meet customer needs. Disclaimer: LinkedIn is a third-party site unaffiliated with Cardinal Health. Cardinal Health is not responsible for the privacy or security policies or practices on LinkedIn or on any of the third-party websites that we may link to through LinkedIn. You should carefully review the privacy and security practices of LinkedIn and linked third-party websites. We do not necessarily endorse any information found here nor are we responsible for the accuracy of any information, opinions, claims, or advice found here or shared here by our followers. By posting content, ideas, or pictures, you grant Cardinal Health a non-exclusive, royalty-free, perpetual, and worldwide license to use your content and any images posted by you, including the rights to copy, distribute, transmit, display, reproduce, edit, translate, and reformat, and incorporate into a collective work. Cardinal Health reserves all rights relating to the companys LinkedIn account, including removing postings and prohibiting individuals from participating on the page.

MABLE1,182 +61 1300 736 573

Through Mables easy-to-use online platform, people needing care and support services can connect in a safeguarded environment with a support worker based on mutual needs and shared goals.Mable is attracting a new and diverse workforce to the care sector by enabling independent support workers to build their own businesses and be their own bosses.Mable was first launched in 2014 when our co-founder Peter Scutt teamed up with his friend and colleague, Tony Charara, after struggling to find the right home care solution for his parents. That collaboration resulted in a new concept in community care, led by the people that matter, which weve been constantly refining and improving upon ever since.Today, Mable is proud to offer Australias largest and most diverse online community of independent support workers. Together, were redefining disability support and aged care in Australia – one connection at a time.To see whats possible on Mable, visit mable.com.au.

HATO HONE ST JOHN1,346 +64 800 756 334

Our Hato Hone St John people are passionate about serving their communities and caring for fellow New Zealanders. We are a charity and have a volunteer ethos, with paid and volunteer members working side by side towards our mission:We step forward, when help is needed. For better. For life.Ka tū ake, hei kaiāwhina. Mō te pai. Mō te orange. Local and global Hato Hone St John was founded in New Zealand in 1885 and is a part of the fabric of all communities throughout Aotearoa. St John is well known around the world for helping enrich the health and wellbeing of global communities. Although we operate and are funded entirely independently here in New Zealand, we’re proud to be a part of this important and long established Order. Enhancing health and wellbeing Those who work for Hato Hone St John are driven by the desire to help their local communities by providing essential health-related services. Our values - Whakaaro nui (We have open minds), Mahi tika (Do the right thing), Piritaha (We stand side by side), Mahi pono (We are straight up) and Whakapai ake (We make it better) - help us to achieve our vision of enhanced health and well-being for all New Zealanders. Hato Hone St John is at the frontline of medical response providing Ambulance Services throughout New Zealand. We’re also part of the broader landscape of health and social care, through our provision of first aid training, event medical services, medical alarms, youth programmes and a wide range of community programmes.

REGIS AGED CARE1,599 +61 1300 998 100

Regis Aged Care offers a diverse range of care options including residential aged care, home care, retirement living, day therapy and day respite. At Regis, we focus on every resident and client as an individual. Weve been providing care and support within aged care and the community for over 25 years and have over 9000 dedicated and passionate employees.Visit regis.com.au to find out more about our services and communities.For career specific information, please visit regis.com.au/careers

Top Healthcare Companies in Philippines

Key Statistics from 2022, Including GDP and Employment

In 2022, the healthcare industry contributed approximately 4.7% to the Philippines' GDP. The industry employed around 1.8 million individuals, accounting for 4.5% of the country's total workforce. Over the past five years, the healthcare industry has experienced an average annual growth rate of 6.2%, reflecting the increasing demand for quality healthcare services in the Philippines.

Factors Contributing to Growth and Success

Government Initiatives

The Philippine government has implemented several initiatives to support the growth of the healthcare industry, such as the Universal Health Care (UHC) Law, which aims to provide affordable and accessible healthcare services to all Filipinos. Additionally, the government has invested in infrastructure development, including the construction and upgrading of healthcare facilities, to meet the growing demand for healthcare services.

Growing Population

The Philippines' population is growing rapidly, with an annual growth rate of approximately 1.6%. As the population increases, so does the demand for healthcare services, driving the growth of the healthcare industry.

Rising Healthcare Expenditure

The rising healthcare expenditure in the Philippines, driven by increasing disposable income and a growing middle class, has led to heightened demand for quality healthcare services. This demand has, in turn, spurred growth and development within the industry.

Industry Growth and Comparison to Previous Years

The healthcare industry in the Philippines has enjoyed steady growth in recent years, with an average annual growth rate of 6.2% since 2018. In 2022, the industry's growth rate reached 6.8%, driven by increased demand for quality healthcare services and government initiatives. This growth has been fueled by the factors mentioned earlier, such as government initiatives, the growing population, and rising healthcare expenditure.

Key Trends, Including Technological Disruptions

Digital Health and Telemedicine

The adoption of digital health and telemedicine has transformed the healthcare industry by offering remote consultation, diagnosis, and treatment services. These technologies have improved access to healthcare services, particularly in rural and remote areas, and have enabled healthcare providers to deliver more efficient and cost-effective care.

Artificial Intelligence and Data Analytics

The implementation of artificial intelligence (AI) and data analytics in the healthcare industry has led to improvements in diagnostics, treatment planning, and patient monitoring. These technologies have the potential to revolutionize the industry by enhancing decision-making, reducing human error, and improving patient outcomes.

Personalized Medicine and Precision Health

The shift towards personalized medicine and precision health has allowed healthcare providers to develop tailored treatment plans based on individual patients' genetic, environmental, and lifestyle factors. This approach has the potential to improve treatment efficacy, reduce side effects, and ultimately enhance patient care.

Challenges

Despite the growth and success of the healthcare industry in the Philippines, there are still several challenges that need to be addressed. One of the most pressing issues is the unequal distribution of healthcare services across the country. Many rural areas lack access to quality healthcare services, which leads to disparities in health outcomes.

Another challenge is the high cost of healthcare services, which makes it difficult for many Filipinos to access care. This is particularly true for those who are uninsured or underinsured, as they are often forced to pay for healthcare services out of pocket.

Future Outlook

The healthcare industry in the Philippines is expected to continue to grow in the coming years. The implementation of the Universal Health Care Law and the increasing focus on healthcare infrastructure will likely contribute to this growth. The adoption of new technologies, such as telemedicine and digital health, will also play a significant role in shaping the future of the industry.

However, there are still several challenges that need to be addressed, including the unequal distribution of healthcare services and the high cost of care. Addressing these challenges will require a coordinated effort from the government, healthcare providers, and other stakeholders in the industry. Improving healthcare infrastructure in rural areas and implementing measures to ensure healthcare services are accessible and affordable to all Filipinos will be crucial in achieving this goal.

In addition, continued investment in healthcare technology and innovation will also be necessary to improve the quality of care and enhance patient outcomes. This includes the development of new medical devices, software, and other technologies that can improve patient diagnosis and treatment.

Finally, the healthcare industry in the Philippines will need to adapt to changing demographics and consumer preferences. As the population ages and becomes more digitally savvy, healthcare providers will need to provide more personalized and tech-enabled care. This will require a shift in how healthcare services are delivered, as well as investments in training and upskilling healthcare professionals.

Conclusion

The healthcare industry in the Philippines has experienced significant growth in recent years, driven by government initiatives and advancements in technology. While there are still challenges that need to be addressed, the industry's future outlook is positive, with continued growth expected in the coming years. By addressing the industry's challenges and investing in healthcare infrastructure, technology, and innovation, the healthcare industry in the Philippines can continue to provide affordable, high-quality care to all Filipinos.

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By Melissa Goh
Published on 27 May 2023