Global Care Medical Center (GCMC), one of the Philippines’ leading regional healthcare providers, is raising growth capital from LeapFrog Investments, the pioneering profit-with-purpose investment firm, and Philippine-based private equity firm Navegar, to expand healthcare access for underserved markets in the country.
The statement did not mention of the amount being raised except that the closing of investment into GCMC is subject to completion of customary closing conditions.
GCMC Chairman Ricardo Celino said the investment will be used to build new healthcare facilities, acquire hospitals and clinics, and scale the regional healthcare network to further expand the access of Filipinos to quality healthcare.
Celino explained that the expansion will depend on the demand in an area, but he is looking at underserved communities especially outside Metro Manila.
As part of the investment, the Global Medical Center of Laguna will soon inaugurate the new Medical Arts Building, which will house a new catheterization lab, more doctors’ clinics, and expand bed capacity to 120. The hospital will also be equipped with an MRI machine and an increased capacity for more dialysis patients.
“We chose to partner with LeapFrog for their deep healthcare expertise, and Navegar for their experience helping Philippine companies scale. With their support, we’re excited to expand healthcare access to more Filipino communities and to continue raising the standard of care in the regions that need it most,” said Celino.
GCMC differentiates itself through its unwavering focus on quality. Its modern, well-maintained facilities, high-caliber medical professionals, and investment in quality diagnostic equipment ensure that it can deliver urban-quality care in regional settings.
A sixth hospital is currently under construction, which will add approximately 150 licensed beds to the Group’s capacity. Additionally, multiple organic and inorganic initiatives are in progress to further expand its footprint in priority provinces, including the rollout of additional specialty services and targeted acquisitions.
LeapFrog and Navegar will bring their combined global healthcare expertise and experience scaling Philippine platforms to support GCMC’s sustainable growth, strengthen governance, and embed long-term operational and impact discipline.
LeapFrog Investments’ partner and global lead for healthcare, Biju Mohandas said, “This is our first investment in the Philippines and an opportunity for our team to back the tremendous growth of the economy. As healthcare demand rises, GCMC is delivering high-quality, accessible healthcare to those who need it most. We see tremendous opportunity to build on the good work of the GCMC team, expanding specialty care, scaling responsibly, and enhancing patient outcomes. Together with Navegar, we are proud to support a business that pairs clinical excellence with a strong commitment to equitable impact, and we will play an active role in supporting GCMC’s next phase of growth.”
For his part, Navegar’s Vice President of Origination, Juan Carlos Camara said, “We’ve been following healthcare in the Philippines for some time, and GCMC stood out for both its management team and the thoughtful way the platform was built. Growth has been intentional, anchored in clinical standards and a consistent focus on quality rather than scale for its own sake. This approach gives us confidence in the long-term potential of the business. We’re excited to support Rick and the GCMC team, alongside LeapFrog, as the company moves into its next chapter.”
Founded in 2016, GCMC has rapidly built a strong presence outside Metro Manila, operating a network of five hospitals – including four general hospitals and one dedicated cancer center. Together, the group currently operates more than 300 licensed beds and is supported by over 670 doctors.
