Conifer Capital Backs Nephro Plus Consultancy Inc. to expand Lifesaving Dialysis Care in the Philippines
Thursday, April 10, 2025Nephro Plus Consultancy Inc., the Philippines' leading dialysis provider, has secured investment from Conifer capital to further develop its network of public-private partnership (PPP) clinics and address the country's dialysis shortage. Rocket Equities, a Southeast Asia-focused M&A advisory firm, acted as Nephro Plus Consultancy Inc. exclusive financial advisor for the transaction.
Learn more about Conifer Capital and Nephro Plus Consultancy Inc.
Conifer Capital's partnership with Nephro Plus Consultancy Inc. unlocks a billion-dollar renal care opportunity in the Philippines, where systemic under capacity meets explosive demand. With a deficit of 8,000 dialysis stations and 100,000+ patients having urgent need of treatment in a nation where CKD afflicts 7 million (4th leading cause of death), Nephro Plus Consultancy Inc. is positioned to dominate a market supercharged by PhilHealth's reforms—evidenced by dialysis subsidies surging 4X from US$300M (2022) to US$1.3B(2025).
What is Nephro Plus Consultancy Inc.?
Meet Ms. Donna Gatus Mangulabnan
Nephro Plus Consultancy Inc., founded by Donna Gatus Mangulabnan—a U.S.-trained nurse with over a decade of experience across U.S. & Philippines, operates a growing network of dialysis centers, delivering over 50,000 life-sustaining treatments annually. Beyond its clinical footprint, Nephro Plus Consultancy Inc. has built a comprehensive dialysis ecosystem, offering consulting services, operational support, and the distribution of specialized equipment. This positions Nephro Plus Consultancy Inc. as a full-service provider in the Philippines dialysis market, uniquely poised to address the country's urgent needs.
Donna Gatus Mangulabnan, Founder of Nephro Plus Consultancy Inc., shared: "As a healthcare professional, my mission has always been to deliver world-class renal care in my home country. Every new clinic we open means thousands more patients receiving the cae they need to live fuller and healthier lives. This is more than business; it's a commitment to creating a healthier future for the Philippines.
Mr. Jimmy Quach, Managing Partner of Conifer Capital
Mr. Jimmy Quach, Managing Partner of Conifer Capital commented, "Nephro Plus Consultancy Inc. isn't just about addressing a market gap, its solving a national crisis. This is a rare chance to scale a category leader in a sector where supply cannot keep pace with policy-driven demand. Our partnership positions Nephro Plus Consultancy Inc. to lead the transformation of renal care in the Philippines, one of Asia's most underserved yet fastest-growing dialysis markets."
With this partnership, Nephro Plus Consultancy aims to open more dialysis center across the country. They have a branch as far as Tuguegarao and Zamboanga City. They will be opening 10 more hopefully this year in CALABARZON and Quezon City to accommodate more dialysis patients. They are also aiming to free transportation to dialysis patients so that it will not be a big hassle for them to travel and have their required session per week. Most of the dialysis patients miss their session simply because they are located in far-flung areas. They wish to offer more free dialysis to patients and free medicines as well.
A CKD patient who is striving hard to have a normal life despite her condition shared a testimonial on how Nephro Plus specifically one of their dialysis center helped her through the years. Her journey is hard but she never lose faith in God and she trusts the dialysis center who is treating her. She thanked Ms. Donna for having a good heart and helping them to enjoy a wonderful life even though they need to fight their own battles.
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