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Intellicare, the country’s preeminent health maintenance organization (HMO); and Avega, the country’s leader in healthcare administration (collectively, the Group) entered into a quadripartite agreement with Pru Life UK, the leading life insurer; and AstraZeneca, the global biopharmaceutical developer, to offer a Group Insurance Package for the Group’s corporate clients and their employees.
Manila, Philippines, May 31, 2021 – Asalus Corporation (operating under the trade name “Intellicare”), one of the country’s leading health maintenance organization (HMO), recently partnered with Union Bank of the Philippines (UnionBank), renowned as the “best digital bank” in the country, for the ePaycard Digital Account Opening (eDAO) of its affiliated doctors to help speed up the disbursement of their professional fees, benefits, and other reimbursements. A virtual signing ceremony was held last May 14, 2021 to formalize the partnership agreement.
UnionBank offers an account opening facility that is efficient, paperless, and with a fully digital disbursement solution for the convenience of Intellicare affiliated doctors. To facilitate the opening of their accounts, the doctors will receive an SMS with a unique reference code which will be used to continue the application via the UnionBank Online App. Account opening will be a fully digital process which can be made at the doctor’s own time and convenience. Upon Intellicare’s approval, the ePaycard accounts will be opened real time.
The doctors’ ePaycard accounts will automatically be enrolled in UnionBank Online and will be able to do digital transactions like Fund Transfer, Bills Payment, Save up for Goals, Split Bills, Buy Load, and many more.
UnionBank and Intellicare will be providing communication materials and hosting online onboarding sessions and webinars to educate the doctors on the features and benefits of eDAO and how to secure their online bank accounts.
Mary Joyce S. Gonzales, Executive Vice-President and Retail Banking Center Head of UnionBank, stated: “The COVID-19 pandemic has pushed all of us to innovate. With restrictions on movement and the need for contactless payment to reduce exposure to the virus, the Bank has made it its goal to aid companies and its employees in making the disbursement process more efficient, convenient, and safe for all those involved in the transaction.”
Audrey Meldy B. Gallardo, Executive Vice-President of Intellicare, remarked: “It is Intellicare’s desire to always consider the best for our partner doctors and medical facilities to ensure the efficient flow in the supply chain. This payment facility of UnionBank is an enabler for us to meet our commitments to them in the best way possible amid the challenges of less physical contact in managing the pandemic.”
Top Row (L-R): Joyce Gonzalez -EVP and Head, Retail Banking Center (UnionBank), JP Casas – AVP, Retail Banking Center (UnionBank), Audrey Gallardo, EVP (Intellicare), Cris Namoco – SAVP, Treasury, Investment, Billing and Collection (Intellicare)
Singapore, 6 April 2020 – Fullerton Healthcare Corporation Limited (“Fullerton Health”), the
leading integrated healthcare platform in Asia Pacific, announces that it has fully redeemed
its US$175 million senior perpetual capital securities today, underscoring its financial
resilience and commitment to stakeholders amidst economic uncertainty arising from the
COVID-19 pandemic.
The redemption of the 7.0% senior perpetual capital securities (ISIN Code: XS1589875548)
was made on the first call date (6 April 2020), funded by a combination of internal and external
resources.
The proceeds from the perpetual securities had helped Fullerton Health expand
geographically, add new capabilities and service offerings, and deepen core markets
presence. With operations in nine markets, more than 6,500 staff, over 500 owned facilities
and a network of over 12,000 third party providers, Fullerton Health is vertically integrated
across a range of services, including managed care and network management, primary care,
diagnostics, ancillary and specialty care.
“We would like to take this opportunity to thank the investors of the perpetual securities for
their confidence, trust and strategic input over the last three years. Our ability to combine
internal and external resources to redeem the perpetual securities underlines the trust placed
in the operational and financial strength of Fullerton Health. We will continue to execute our
mission to provide affordable and accessible care for all in Asia Pacific,” said David Sin, Group
President of Fullerton Health.
While the pandemic has affected all healthcare operators, Fullerton Health has been well
prepared with its diversification strategy across markets and its service lines, built and wellexecuted over the years. It serves to buffer the impact from the COVID-19 situation.
“Our robust and quick infection control response ensures safety of our staff and viability for
patients to access quality care. Our close operational relations with key clients allow us to
customise support efforts to help them care for their employees’ health and well-being during
this difficult time,” said Ho Kuen Loon, Group Chief Executive Officer of Fullerton Health.
Intellicare is featured in BusinessWorld’s special supplement Partners in Health: Philippines’ Outstanding HMOs published on May 24-25, 2019.
Intellicare President Jeremy Matti shares how we provide a holistic way of managing the health of our client and members.
Here’s the full story.
Our print ad on the first page featuring our partners Medgate (for telemedicine) and ComPsych (for Employee Assistance Program).
Our company profile on page 2 and excerpts from President Jeremy Matti in the main story.
Intellicare turns 23 today!
As we celebrate 23 years of healthy and strong partnerships with our employees, clients and stakeholders, Intellicare continues to gear up with Fullerton Health, united through integrity, honesty, fairness, hard work, compassion, and a heart for humanity, for more efficient operations, network expansion, and vertical integration in making quality healthcare affordable, accessible, and sustainable in the country.
In our commitment to lead, innovate, and trailblaze holistic healthcare management, we would like to introduce the new Employee Assistance Program (EAP) benefit.
To learn more about EAP, read the article below, which can also be found on today’s issue of Philippine Daily Inquirer Business section p. B3 and Philippine Star Business section p. B5.
Philippine Daily Inquirer
Philippine Star
As a member of the Association of Health Maintenance Organization of the Philippines Inc. (AHMOPI), Intellicare sent a contingent to the said organization’s 28th convention at St. Luke’s Medical Center BGC today, October 22, 2018.
Intellicare Chairman and AHMOPI President Mario M. Silos will be delivering his welcome remarks for the conference.
Read the article below from Philippine Daily Inquirer’s October 18, 2018 issue, Business section page B3 to learn more.
Leading health management organization (HMO) Intellicare has recently signed up with Pan-Asian insurer FWD Life Insurance to provide insurance coverage to its growing client base through FWD Corporate Care. The contract signing ceremony was held on June 21, 2018 at The Peninsula Manila in Makati City.
United Daily News
Read more about Intellicare’s partnership with Intelenet Global Philippines on the June 22, 2018 issue of Businessworld (Banking and Finance Section, S2/1) and Philippine Daily Inquirer (Business section, B3).
Businessworld
Philippine Daily Inquirer
“Today, we are trying to work toward a transformative relationship where there is a clear understanding of the nobility of the endeavor to expand the availability of quality and affordable healthcare to our population,” Chairman and President Mario M. Silos on Intellicare’s pursuit of better healthcare services, a BusinessWorld special feature on page 4/S4.
See photo for full story.
The Insurance Commission (IC) has approved Singapore-based Fullerton Health Philippines Pte. Ltd. acquisition of two licensed health maintenance organizations (HMO).
BusinessWorld
Philippine Star
