Metro Pacific Health Tech Corporation (mWell), the pioneering digital healthcare arm of Metro Pacific Investments Corporation (MPIC), has entered into agreements with the Ayala Group to acquire KonsultaMD, an Ayala-led telehealth provider. This strategic acquisition will reinforce mWell’s position as the largest and leading digital healthcare ecosystem in the Philippines, significantly expanding its reach and capabilities.
KonsultaMD is the flagship healthcare platform of Globe’s 917Ventures. From a health hotline in 2015, it has evolved into a superapp that provides comprehensive health services including 24/7 doctor consultations, diagnostics, medicine delivery and homecare. It currently has 2.7 million users and a vast network of partner doctors with deep expertise in mobile-based healthcare solutions.
The acquisition is highly complementary to mWell’s existing business offerings. As the only health and wellness app with an established digital health ecosystem, it brings together consultations and wellness resources both for physical and mind health for its 3.1 million users. Its global reach includes more than 90,000 users from across Asia, South America, Africa, North America, Oceania and Europe.
This integration is poised to accelerate the growth and expansion of MPIC’s health business, including Metro Pacific Health. KonsultaMD will continue to keep its brand and operate under MPIC/mWell management in the interim, ensuring continued access to key services while enhancing healthcare delivery.
By uniting the KonsultaMD and mWell platforms as digital gateways, this acquisition will expand MPIC’s reach, connecting more patients to its nationwide hospital and healthcare network.
“Progress for any country depends on a healthy citizenry,” said mWell Chairman Manuel V. Pangilinan. “This agreement represents a giant step forward towards real, immediate, and reliable care for our countrymen.”
Ayala Corporation Chairman Jaime Augusto Zobel de Ayala says, “This acquisition supports our common vision of delivering accessible and inclusive healthcare solutions to every Filipino.”
“Bringing together the power of mWell’s digital ecosystem and KonsultaMD’s comprehensive services and expansive reach will ultimately benefit Filipino consumers. This synergy will help us more swiftly achieve our shared goal of providing healthcare for all,” said Ernest Cu, Globe President and CEO.
“Elevating healthcare in our country has always been a daunting task and mWell’s signing of the agreement with KonsultaMD, is a decisive step to address these challenges. This purposeful action underscores our commitment to support Universal Health Care in making lasting impacts, particularly in underserved communities throughout the Philippines. By integrating our resources with KonsultaMD, we are well-positioned to provide expansive and high-quality healthcare to all Filipinos, both locally and globally.” said mWell President and CEO and MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal- Revilla.
“This marks an exciting new chapter for KonsultaMD. By combining our expertise with mWell’s powerful digital health ecosystem, we are set to bring even greater innovations to telehealth. KonsultaMD will continue to be the trusted platform our users know and love—now with even more ways to deliver quality, accessible, and seamless healthcare,” said KonsultaMD CEO Beia Latay.
With this acquisition, mWell solidifies its leadership in the rapidly evolving digital health space, combining the strengths of both platforms to create the country’s most robust, patient-centric, and technology-driven healthcare network. By leveraging KonsultaMD’s extensive subscriber base and telemedicine expertise alongside mWell’s comprehensive digital health ecosystem—including online consultations, e-pharmacy, and AI-powered health management—more Filipinos will have greater access to affordable, high-quality, and seamless healthcare services.
As part of the MPIC Group, mWell is committed to working towards the achievement of the UN’s Sustainable Development Goals, particularly SDG 3: Good Health and Well-being. It also supports the MVP Group’s Gabay Kalusugan advocacy focusing on quality and affordable healthcare.
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