Bon Secours Mercy Health (BSMH), one of the largest not-for-profit health systems in the US, has announced plans to invest up to $500 million in the Philippines to develop a premium tertiary hospital. The project, discussed during a meeting with President Ferdinand Marcos Jr. in Washington, D.C., signals one of the biggest US private healthcare investments in the country. The firm will also expand its Manila-based Global Business Services team from 170 to 1,200, supporting global operations and creating high-quality jobs for Filipino professionals.

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