American healthcare services provider Optum will invest some P800 million in medical business process outsourcing (BPO) in the Philippines that would provide around 1,500 jobs.
This comes after Optum, a part of UnitedHealth Group (UHG), met with President Ferdinand R. Marcos Jr. and his delegation in Washington.
John Prince, president and COO of Optum, said the firm is committed to the Philippines and lauded the “strategic partnership that we have for a very long time.”
“I’m a really big believer that great things happen to great teams and we have a great team in the Philippines,” said Prince, adding that the investment is part of the company’s efforts to broaden its operations.
President Marcos welcomed Optum’s medical BPO investment, which is set to employ some 1,500 Filipinos.
In March this year, Optum met with the Board of Investments (BOI) to discuss details of their planned new project in Davao and queries on importation of equipment.
Since 2011, UHG/Optum has invested PHP 5.1 billion in capital expenditure in operating four sites in Taguig, Muntinlupa, Quezon City, and Cebu City.
UHG’s Optum business in the country provides a broad range of healthcare information management services, including clinical, revenue cycle management, pharmacy services and benefit management, payment integrity, quality & risk adjustment, technology, and other services delivered across voice, non-voice and blended processes.