Mercado General Hospital, Inc. (MGHI) [TRADE NAME: Daniel O. Mercado Medical Center] had its humble beginnings in 1957 as a 12-bed lying-in clinic then known as the Mercado Clinic. The founder of MGHI, Dr. Daniel O. Mercado, after finishing his internship at the Baltimore Casualty Hospital in Washington, D.C. decided to come back to his hometown of Tanauan, Batangas to provide healthcare services to his town mates.
MGHI, which operates various healthcare facilities under the QualiMed Health Network, has since grown to become one of the up and coming medical groups in the Philippines. The 12-bed lying-in Mercado Clinic is now a 145-bed level 4 tertiary hospital (inclusive of 15 critical-care beds) known as the Daniel O. Mercado Medical Center (DMMC). DMMC is one of the first hospitals in the country to be recognized as a Center of Excellence by the Philippine Health Insurance Corporation (PhilHealth).
MGHI also owns and operates the QualiMed Surgery Center in Manila (formerly University Physicians Medical Center) through its subsidiary, Mercado Ambulatory Surgical Center (MASCI). QualiMed Surgery Center in Manila is the first day surgery center of its kind in the Philippines. It is situated at the Faculty Medical Arts Building (FMAB) inside the UPM-PGH Compound in Manila. It opened in September 2010 and, despite its start-up status, was able to reach profitability by November 2011. Its medical staff complement is composed solely of faculty members of the University of the Philippines College of Medicine.
On November 11, 2011, MGHI entered into a Memorandum of Understanding with a group of doctors in Iloilo City under the banner of Panay Medical Ventures, Inc. (PMVI) to establish a specialty hospital in Iloilo City. The agreement calls for MGHI to acquire a majority interest in PMVI, which will operate under the trade name QualiMed Hospital, and will house a Women’s and Children’s Center and a day surgery center in the facility. It will provide the much-needed infusion of advanced healthcare delivery services for its trade area, which not only includes the City of Iloilo but also the entire island of Panay. Plans also incorporate the eventual expansion of the facility into a 250-bed hospital. This facility opened in November 2014.
The DMMC Institute of Health Sciences (DMMC-IHS) is a tertiary-level institution offering degrees in allied healthcare professions. It was set up and its purpose remains to provide MGHI and its healthcare institutions with a steady supply of medical professionals. This is a critical task particularly in light of periodic shortages of medical professionals in the areas of medical technology, radiologic technology, and biomedical technology.
In June, 2013, the majority shareholders of MGHI signed an agreement with Ayala Land, Inc. (ALI) for the latter to acquire WhiteKnight Holdings, Inc. (WHI), a holding company of the majority shareholders. WHI then owned a 33% ownership interest in MGHI. This was consummated in November, 2013 which made MGHI a part of the Ayala group of companies.
The first milestone marking this new partnership with ALI was the opening of the QualiMed Clinic in TriNoma Mall in Quezon City (February 2014), followed by the opening of QualiMed Surgery Center in Fairview Terraces also in Quezon City (July 2014), the opening of QualiMed Hospital in Iloilo (November 2014), and the opening of the QualiMed Clinic in Makati (December 2014). These are just four of the facilities to be opened in the first phase of expansion of the QualiMed Health Network, which is expected to include 10 hospitals and 10 clinics by the end of 2018. Other projects in the pipeline include QualiMed Hospital in Altaraza Town Center, San Jose Del Monte, Quezon City (opening in 4Q 2015), QualiMed Hospital in NUVALI, Sta. Rosa, Laguna (opening in 2Q 2016), and QualiMed Hospital in Ayala North Point, Talisay City, Bacolod (opening in 3Q 2016).
With 58 years of experience in healthcare delivery management, MGHI continues to look for opportunities to bring its expertise to bear in finding ways to reduce the cost of healthcare in the Philippines. Its entrepreneurial yet disciplined culture has been instrumental in finding innovative ways to cut waste, build operational efficiencies, and institute fiscal controls without compromising the quality of healthcare delivered.
MGHI prides itself as a doctor-driven and professionally managed company. These values are the qualities by which MGHI stands for in its quest to make quality healthcare accessible to more and more Filipinos, regardless of socioeconomic status.