A wide, light-filled Renovia dialysis center, a patient small in the frame by the glass wall
For investors

A platform, not a clinic.

Recurring, contracted renal-care economics across a nine-company ecosystem — built to list.

The thesis

Five reasons this re-rates as a platform.

An integrated ecosystem

Nine companies covering every layer a dialysis center needs — each earning on its own, inside the network and out.

Recurring, contracted gross margin

Dialysis is three sessions a week, for life, government-funded per session. Revenue recurs by clinical necessity.

A financing flywheel

Renovia Finance pays centers for PhilHealth claims today — the wedge that compounds the network with every receivable factored.

Vertical-integration upside

Chairs, treatment packs, refurbishment — manufacturing layers that convert outsourced cost into owned margin.

Provincial demand, identical funding

The provinces are underserved while PhilHealth pays the same ₱6,350 everywhere. Thin competition, equal economics.

The roadmap

Intent to list on the PSE within ~3 years, with staged financing waypoints along the way. Directional, stated plainly.

Specific multiples, valuations, MOIC / IRR, and the cap table live behind the data room.

Why now

Demand is funded. The ecosystem is built. Capital is the gating item.

PhilHealth claims are growing 15.5% a year against a fixed national chair count. The nine companies exist and operate. What scale needs now is build capital — and early conviction is priced accordingly.

9
Companies in the ecosystem, each earning independently
15.5% / yr
Growth in PhilHealth HD claims
990,600
PhilHealth funding per patient, per year
~3 yrs
Intended path to a PSE listing
The data room

The full thesis, by request.

The institutional memo, the operating model, and the investor deck are shared after a short qualification call. Requests route directly to Edward Reyes, Investor Relations — no instant downloads, no mass mailings.

  • Institutional investment memo
  • Operating & financial model
  • Investor presentation
  • JV structure & pipeline detail
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Edward Reyes will reach out to qualify access — usually within two business days.