Friday, April 25, 2025

PH healthcare firms secure USD79 M sales

Philippine healthcare companies secured a total of USD79 million in actual and potential sales at the recent HIMMS Global Health Conference and Exhibition in the U.S., underscoring the country’s growing presence in the global Healthcare Information Management Services (HIMS) industry.

 

The new sales have been generated by industry participants to the world-renowned healthcare technology event held last 3 to 7 March 2025. The delegation was led by the Department of Trade and Industry (DTI), through the Export Marketing Bureau (EMB) and the Philippine Trade and Investment Center (PTIC) in Washington D.C.

Ten Philippine companies participated in the mission, including ADEC Innovations Healthcare, Inspiro, iReply Back Office Services, Inc., JBW Managed Services and Consulting, Office Symmetry, Pointwest Innovations Corporation, RCM Staff BPO, VISAYA, Wagmi Phil and Call Center Power, and WorldSource.

Healthcare Information Management Association of the Philippines (HIMAP) Board Member John Dave Dueñas added, “With the sector growing to 190,000 full-time employees and generating USD 4.2 billion in revenue in 2024, our blend of technical expertise and cultural empathy positions the Philippines as the preferred destination for payer, provider, and life sciences outsourcing, ensuring world-class patient care and seamless healthcare operations.”

 

The mission aimed to showcase the strengths of the Philippine HIMS sector amid increasing global demand and rapid technological advancements in healthcare delivery and management.

“The Philippines stands uniquely positioned to cater to the demands of the global healthcare information management sector. Our inherent ‘culture of care,’ deeply rooted in our societal values, translates to patient-centric services. Coupled with our established and robust Business Process Outsourcing infrastructure and capabilities, we offer a seamless blend of technical proficiency and genuine empathy. This combination ensures not just efficient services, but also a human touch that is paramount in healthcare,” DTI Secretary Cristina A. Roque said.

 

On the sidelines of the US HIMSS Conference, the delegation also conducted a business forum to promote the strengths and capabilities of the Philippines in healthcare information management. Key government officials highlighted economic and digital infrastructure developments, workforce development initiatives, and investment incentives in the Philippines that provide a strong backbone for the development and growth of the sector. The activities also included networking events and site visits to healthcare facilities to provide participating companies a better understanding of the needs of US clients.

 

During the forum, DTI-EMB Director Bianca Pearl Sykimte stated, “The Philippines’ strong economic performance and recent policy reforms reflect our commitment to empowering our private sector by fostering a competitive and business-friendly environment to drive long-term and sustained economic growth. With policy-driven investment promotion strategies coupled with workforce development and strategic export promotion initiatives, the Philippines is poised to a global leader in key sectors, particularly in HIMS.”

 

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