Metro Pacific Health Tech Corp. (mWell), the digital healthcare arm of infrastructure conglomerate Metro Pacific Investments Corp. (MPIC), has acquired KonsultaMD, a leading telehealth platform under the Ayala Group.
The acquisition will significantly expand mWell’s capabilities and strengthen its position as the largest digital healthcare ecosystem in the Philippines, mWell said in a statement Tuesday.
KonsultaMD, originally launched by Globe’s 917Ventures as a health hotline in 2015, has grown into a comprehensive telehealth platform offering 24/7 doctor consultations, diagnostics, medicine delivery and homecare services. It has 2.7 million users and a network of expert doctors.
MWell said the acquisition would complements its existing services, which include consultations and wellness resources for both physical and mental health. With 3.1 million users worldwide, mWell’s digital health ecosystem now spans across Asia, South America, Africa, North America, Oceania, and Europe.
Under the plan, 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, the 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 Pangilinan.
“This agreement represents a giant step forward towards real, immediate, and reliable care for our countrymen,” said Pangilinan.
MWell president and chief executive Chaye Cabal-Revilla said the acquisition underscores the group’s commitment to support Universal Health Care and elevate healthcare across the Philippines, particularly in underserved communities.
“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 Cabal- Revilla.
