For the Mexico segment (Healthcare Services in Mexico), management expects a rapid recovery and return to growth in 2026, driven by higher volumes, cost efficiencies, improved payor tier classifications, and the renegotiation of the ISSSTELEON contract. The rollout of the AunaWay model and packaged service offerings are expected to expand reach into privately insured families, out-of-pocket, corporate, and government segments, improving capacity utilization and supporting a target of over 20% consolidated EBITDA margin.

For the Peru segment (Oncosalud Peru and Healthcare Services Peru), management expects continued strong contributions and sustained growth in 2026. Growth is driven by increases in average tickets, expansion of healthcare plan memberships, and commercial initiatives. Additionally, the segment's outlook is supported by the progression of the Torre Trecca project (Peru's largest outpatient facility, expected to begin operations in 2028) and initiatives to offset short-term revenue adjustments.

For the Colombia segment (Healthcare Services in Colombia), management expects stable cash flows and risk mitigation in 2026. The outlook is supported by a more balanced payor base and revenue mix, driven by the successful implementation of risk-sharing (PGP) models that cover over 3.1 million lives. This strategy successfully diversifies the segment's revenue stream away from government-intervened payors (such as Nueva EPS), improving cash conversion and predictability.