AppleOne Properties, Inc., a leading real estate and hotel developer in the Visayas and Mindanao regions, through its healthcare arm AppleOne Medical Group , signed into a joint venture with the United Church of Christ in the Philippines to acquire majority shares of two hospitals, the Visayas Community Medical Center in Cebu City and the United Shalom Medical Center in Tacloban City.
VCMC was founded by UCCP in 1952 as a response to the medical needs from World War II. Since then, the hospital has stood as a well-regarded institution in Cebu. With an alignment in values and social mission stemming from the joint venture, VCMC will stand as a testament to both institutions’ mutual goal of transforming and uplifting Filipino communities through quality healthcare made accessible.
AppleOne Properties recognizes healthcare as an industry in need of support yet with tremendous opportunity for growth. AMG was incorporated early this year from the desire to strengthen competencies in the field of health and wellness, provide better access to quality healthcare, and deliver quality medical services with compassion to the communities.
Bishop Ermegencio Padillo, Chairman of VCMC, has this to say about the partnership, “Both VCMC and AMG initiated the likings of a strong partnership, characterized with trust, confidence and high spirits. VCMC saw it fit to partner with a group or institution with high moral and social standing, and indeed AppleOne Medical Group was the right choice. With that, I am personally looking forward to growing this partnership in order to provide for the needs of the Filipino people as a whole.