MPIC aims to make mWell profitable


Metro Pacific Investments Corporation’s (MPIC) is aiming to eventually generate substantial revenues from its investment into digital healthcare startup mWell, through synergies with its other business such as hospitals and telecommunications.

During a press briefing to announce the services offered through the mWell app, MPIC Chairman and CEO Manuel V. Pangilinan said mWell is intended to Eventually be “a revenue center for Metro Pacific and to complement the health services that are delivered, traditionally, through our hospitals network.”

MPIC Chairman Manuel V. Pangilinan

“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, at the same time to price the service that it is affordable including the insurance package,” he added.

MPIC Chief Finance, Risk and Sustainability Officer Chaye Cabal-Revilla unveiled mWell’s roster of groundbreaking firsts in digital healthcare as the Philippines’ first fully integrated health app.

Seen to redefine not only telemedicine but the entire healthcare landscape, the mWell app showcases its holistic approach to telemedicine—from doctor consultation, e-pharmacy, emergency services and home care—to fitness and nutrition programs.

mWell app

Beyond patient care, it has also designed a cutting edge Electronic Medical Records and clinic management system for partner-doctors.

Pangilinan said 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.

“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 noted.

He added that, “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.” “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,” said Pangilinan.

MPIC Chief Finance, Risk and Sustainability Officer Chaye A. Cabal-Revilla

Revilla said mWell is the first health app available globally to migrant workers or OFWs and the first to offer the most affordable telemedicine with free accident insurance package via the Healthsavers Plan.

It is also the 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.

mWell is also the first to offer a wellness score developed by data scientists--the mWellness Score which measures physical activity, steps, and sleep as well as the first to provide a cutting-edge, full suite clinic management system designed by doctors for doctors—mWellMD.

It is also the first to provide a portable mobile digital clinic to remote communities in the country—mWell OnTheGo.

“We were able to come up with these firsts in terms of product features, innovations not only for patients but also for doctors. We believe that uplifting the lives of Filipinos is a prerequisite to national progress. That’s why mWell helps uplift lives by providing access to better health, which after all is a basic right,” said Revilla.

She noted that, “It is both a digital health service and an advocacy because at the heart of mWell firsts is our mission to bring healthcare closer to more Filipinos as we make health and wellness available and accessible to anyone, anytime, anywhere.” Another first to be launched soon is the mWell Wellness Wearable. This is designed to democratize and empower more Filipinos by making wellness wearables more affordable especially in regional areas.

Another telemedicine innovation in the pipeline is the mWell kiosk to be used by local government units for their medical missions.

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.