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Medicard Philippines Inc (Philippines)

Main Activities: Health Care and Social Assistance
Full name: Medicard Philippines Inc Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Medicard Philippines Inc is a leading Philippine health maintenance organization (HMO) providing managed healthcare services to corporations, small and medium enterprises, families, and individual members. Founded in 1986 and historically recognized as an HMO established and managed by physicians, the company offers a broad range of healthcare programs that include comprehensive HMO plans, prepaid health cards, and specialized products such as outpatient care packages, emergency-only programs, and overseas-focused offerings for families of overseas Filipino workers. Its healthcare benefits typically cover outpatient consultations, diagnostic and laboratory procedures, inpatient and emergency care, preventive services such as annual physical examinations, and dental services, delivered through an extensive network of accredited hospitals, clinics, and medical professionals nationwide, as well as company-owned MediCard clinics located in key cities. Medicard's key assets include its member base, provider network, proprietary clinics, digital service channels, and brand reputation in the HMO market. Following its acquisition by AIA Group, Medicard operates as part of AIA Philippines while retaining its brand presence, with a strategic focus on expanding access to quality healthcare, integrating health financing and wellness solutions, strengthening partnerships with employers and individuals, and enhancing digital tools to improve member experience and operational efficiency.

Legal Address
8th Floor, The World Centre Building, 330 Senator Gil Puyat Avenue, Makati City
Makati; National Capital Region; Postal Code: 1200

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Website: http://www.medicardphils.com

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
December 29, 1986
Key Executives
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Chairman
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Other
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Other
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Other
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Other
Ownership Details
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100%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
7.86%
Total operating revenue
6.48%
Operating profit (EBIT)
-606.13%
EBITDA
-606.13%
Net Profit (Loss) for the Period
-367.08%
Total Assets
14.94%
Total Equity
-0.5%
Operating Profit Margin (ROS)
-20.54%
Net Profit Margin
-18.41%
Return on Equity (ROE)
-74.85%
Debt/Equity
6.14%
Quick Ratio
0.23%
Cash Ratio
0.23%

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