Asian Eye Institute is a world-class eye institute that puts the Philippines on the map of quality health care. Established in 2001, Asian Eye is at the forefront of efforts to make breakthrough technologies for eye care treatment available to all patients. It serves 75,000 local and foreign patients annually.
Financial Highlights
Asian Eye’s 2024 revenue grew by PHP14 million or by 2%, year-on-year, primarily driven by optical and major surgeries such as for cataract and glaucoma. Asian Eye likewise increased its general and administrative expenses, primarily to support its strategic initiatives and projects.
*Unaudited numbers
2024 Key Highlights
In 2024, Asian Eye undertook several key initiatives, such as the opening of a new office at the Phinma Building in Makati City and the construction of the new ambulatory surgical center at the Ayala Malls Trinoma in Quezon City. It also expanded its digital presence by launching an online store on major e-commerce platforms, such as Shopee, Lazada, and TikTok. Additionally, it successfully implemented an enterprise resource planning program and enhanced its electronic health records and practice management systems through Compulink. Asian Eye also welcomed two new medical doctors to its roster of eye care experts, enabling it to accommodate an additional volume of surgeries and consultations.
Strategy to Implement the Mission
▸To further enhance its sustainability efforts, Asian Eye has partnered with its suppliers for the centralized handling of empty ink cartridges at the HP Head Office, where the empty ink cartridges are either disposed, sold, or reused by direct HP manufacturers with remanufacturing initiatives. To reduce costs and energy consumption, Asian Eye now has shifted to renting energy-efficient printer models that consume less power and enter low-power standby mode when not in use.
▸Since 2021, Asian Eye’s in-house Optical Laboratory has refurbished and collected 343 pairs of used eyewear, thereby reducing direct disposal to landfills. Additionally, it collected and provided to recyclers over 150 empty medication bottles.
Looking Forward
▸Asian Eye will begin its transition from a hub-and-spoke model to a multiple-hub configuration with the introduction of its first satellite clinic at the Ayala Malls Trinoma. This expansion will enhance service offerings through the addition of an operating room. Asian Eye is also expanding its non-core business including optical and pharmacy services, to enhance its offerings and drive growth.
▸Asian Eye is establishing a comprehensive Customer Contact Center and a Customer Relationship Management platform as part of preparations to celebrate the company’s 25th anniversary in 2026. This event also honors the legacy of its founders such as the company’s late Chairman Emeritus Oscar M. Lopez. These initiatives will streamline scheduling and enhance interactions with patients, while ensuring their seamless experience
In the healthcare sector, one popular trend is the transformative era defined by innovation and collaboration such as AI-enabled diagnostics and “phygital” solutions that can shape a future where care is more personalized, proactive and accessible. In response to this, Asian Eye conducts regular internal medical conferences, researches, and partnerships for learning and skills development of our doctors.
