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In 1967, Jose C. Olivares, a Chemistry professor-entrepreneur and his son-in-law Dr. Vicente M. Santos, a physician, founded Our Lady of Fatima Hospital in Valenzuela, a former municipality of Bulacan. The hospital immediately became the primary provider of medical and health care services for the residents of Valenzuela.

Mr. Olivares, who was then a professor at the Ateneo de Manila University, envisioned a dream for Fatima. He set his eyes in transforming the Our Lady of Fatima Hospital from a general hospital to a medical complex that will be the training ground for health care providers such as nurses and midwives. Thus, in 1973, the Our Lady of Fatima College of Nursing was established.

And in 1976, the first batch of Nursing graduates garnered an unprecedented 100% passing average in the Nursing Board examinations.

As a result of the growth in enrollment in the mid-70's, the College expanded its facilities and instituted more curricular programs. In 1979, Dr. Vicente M. Santos, together with his wife Mrs. Juliet Olivares Santos, pursued the vision of Mr. Olivares even further by establishing the Fatima Medical Science Foundation, Inc. - Fatima College of Medicine.

Since then, Fatima College of Medicine has made its mark in medical education by producing holistically-empowered graduates who are consistent Medical Board topnotchers and highly respected medical physicians.