Philippines aims to boost North America's health care outsourcing
The Philippines aims to increase its share of North America's health care outsourcing market, leveraging its strengths in information technology and digital health solutions. This follows a recent roadshow in Las Vegas, promoting local capabilities. Nine private companies participated in the roadshow, seeking partnerships with U.S. and Canadian firms. The Philippines' health information management services sector is growing, with the U.S. and Canada representing 75-80% of the market. U.S. investments in the Philippines are rising, with 355 firms contributing over P400 billion and creating more than 360,000 jobs. New tax incentives are expected to enhance the country's competitiveness in attracting investors.