MPIC eyes to generate revenues from health start-up mWell
Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC) is looking at generating revenues from its investment in its digital healthcare start-up mWell.
MPIC chairman and CEO Manuel Pangilinan said mWell will be “a revenue center for Metro Pacific and to complement the health services that are delivered, traditionally, through our hospitals network.”
“We are prepared to support it and to propagate its use extensively so that it is accessible to many Filipinos and, at the same time, to price the service that is affordable including the insurance package,” Pangilinan said.
“Metro Pacific Group’s mWell is the Philippines’ first fully integrated health app which brings together experts in technology, medicine, wellness, and healthcare in one sustainable living ecosystem,” he added.
For her part, MPIC chief finance, risk and sustainability officer Chaye Cabal-Revilla revealed mWell’s roster of “groundbreaking firsts” in digital healthcare as the Philippines’ first fully integrated health app.
Among mWell’s “firsts” include:
- First health app available globally to migrant workers/OFWs;
- First to offer the most affordable telemedicine with free accident insurance package via the Healthsavers Plan;
- First to launch the biggest nationwide digital medical mission with hundreds of volunteer doctors simultaneously providing free consultation all over the country through the National mWellness Day;
- First to offer a wellness score developed by data scientists—the mWellness Score which measures physical activity, steps, and sleep;
- First to provide a cutting-edge, full suite clinic management system designed by doctors for doctors—mWellMD; and
- First to provide a portable mobile digital clinic to remote communities in the country—mWell OnTheGo.
Patients’ medical records are protected by privacy laws such that even doctors will need the patient’s permission to access medical records and permission is also required to share such data, according to Pangilinan.
“This high- performing platform gives access to quality healthcare and empowers our countrymen to be in control of their health as they rebuild their lives coming out of the pandemic,” he said.
“We shall continue to set the standards in digital healthcare as we build a healthier nation and be recognized as the flag carrier for innovative digital healthcare in the Philippines,” he said.
mWell is supported by top names in technology, wellness and healthcare including Microsoft, Highly Succeed, Telus, Maya, Bayad, Aktivo, Active8me, Smart, PLDT Home, PLDT Enterprise, PLDT SME, PLDT Global, PSG Global Solutions, The Solution, Department of Migrant Workers Overseas Workers Welfare Administration, Metro Pacific Health, Cardinal Santos Medical Center, Gabay Guro, Gabay Kalusugan, Department of Migrant Workers, Overseas Workers Welfare Administration, PCCSC, MedExpress, Healthlink, Lifeline 16-911, PhilCare and Generali. —Ted Cordero/KG, GMA News