Intellicare

Address: Unit 203 2F TGU Tower I.T. Park Asiatown Apas
Tel. No  : 231-0660 61-62-63
Website: http://intellicare.com.ph

ASALUS CORPORATION was registered with the Securities and Exchange Commission in November 1995 primarily as a health maintenance organization (HMO) engaged in the delivery of managed healthcare services via comprehensive, systematic and prevention-oriented health maintenance programmes or plans. Only six years thereafter, ASALUS broke into the top five industry ranking to emerge as the country’s fastest growing HMO in terms of market share. To date, its phenomenal growth (a 7-year revenue CAGR of over 60% p.a.) has remained unparalleled to further catapult ASALUS, three years thereafter, among the top three HMOs in the Philippines. With these milestone achievements in a brief span of barely 10 years, ASALUS looks poised to further move up and imminently close in on two long-time contenders for industry leadership.

Asalus Corporation is now popularly known as IntelliCare, the brand name of its HMO business.  Its mission is to lead, innovate, and trail-blaze a holistic approach to healthcare management by consistently providing top-quality, highly personalized healthcare services that are easily available, accessible, and affordable.  Its brand of service excellence goes beyond the usual norm of patient care by adding to its multi-faceted dimensions IntelliCare's compassion for member-patients.   

IntelliCare's promise of service excellence has been fulfilled not by accident but by conscious design, given form and substance by a well-fortified, countrywide infrastructure for an effective and efficient healthcare delivery system.  Specifically, strategic alliances and affiliations have been forged with a nationwide network of over 488 reputable hospitals, clinics, diagnostic centers, and other first-class medical institutions that are manned by an affiliated pool of more than 7,000 of the country's well-known, highly regarded physicians and medical specialists.  Uninterrupted delivery of top-grade service is assured through mobile clinics, a 24/7 call center, and on-site Liaison Officers in each affiliated tertiary hospital.  And for members travelling more than 150 kms. from home, air ambulances stand ready for speedy emergency shuttle to the nearest medical facility at no extra cost.

IntelliCare's single-minded commitment to service excellence has remained a viable business proposition.  Through aggressive sales and marketing thrusts, IntelliCare boasts of a great number of prestige accounts from diverse industry sectors.  Likewise, a client retention rate of over 90% continues to boost its membership base towards the 300,000 mark. 

Risk management has been persistently prudent, too, as manifested by the company’s 10-year financial record of consistently positive bottomlines. Also, the capacity to meet on time all financial obligations has been well supported by a liquidity ratio that has steadily hovered at a comfortable margin over the 1:1 minimum ideal level. In addition, the company has remained adequately capitalized, as evidenced by total-liabilities-to-equity ratios (1x-2x) that had stayed considerably below the 2001-2005 industry average of 4x-6x, even besting all other HMOs in the industry’s top 5. From only Php 1.9 million in 1995, its paid-up capital has grown sturdier to Php 50.0 million while its asset base has vastly expanded to the present level of about over Php 400 million.

Serving as the backbone for all these endeavors is a dynamic workforce of over 300, led by an equally dynamic Board composed of highly successful businessmen and medical practitioners.  Together they comprise the IntelliCare Team who have joined hands to fulfill the noble mission of providing a link between the constitutional promise of health and its actual realization by constantly redefining service excellence within the ASALUS core values of integrity, fairness, and honesty and an enduring sense of humanity and compassion.

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