About Netcare

Netcare Limited provides private healthcare services in South Africa (SA) and the United Kingdom (U.K.). The company’s core business is operating high-acuity hospitals. In SA, the company operates the major private hospital network, and strategic ancillary services in primary healthcare, emergency medical services, disease prevention and renal care. The company focuses on improving in high-demand areas, such as specialized cancer care, mental health and rehabilitation. The company’s public private partnerships (PPPs) include managing four hospital facilities in SA on behalf of the Department of Health (DOH), and together with the Lesotho Government, providing facilities management and clinical services in the country’s primary Queen ‘Mamohato Memorial Hospital. In the U.K., BMI Healthcare’s network of private hospitals is the largest in the country, serving the National Health Service (NHS), private medical insurance (PMI) and self-pay patients. The company’s industrial contracts, which provide on-site medical care services at 28 mining, construction and energy sites, enable employers to meet their occupational health and safety requirements. Core Business High-Acuity Hospitals The company operates multi-disciplinary acute medical institutions, centres of excellence, and same-day surgical units; emergency and trauma departments; specialized cancer treatment through chemotherapy, radiotherapy and brachytherapy; psychiatric, rehabilitation and bariatric treatment and services; optimized medical pathways for elective procedures, such as hip and knee replacements; the latest medical technology and treatment protocols; institutional pharmacies for direct supply, management and dispensing of drugs; and rape crisis centres in SA and the U.K. The company operates 59 hospitals with 10,606 beds, including Lesotho in SA and operates 56 hospitals with 2,797 beds in the U.K. Ancillary Services Primary Care Facilities The company operates family medical and dental centres that enable general practitioners (GPs) and dentists to perform initial diagnosis, treatment, specialist referral and advice on disease prevention and management, supported by radiology, pathology, pharmacy and physiotherapy practitioners; day theatres and sub-acute facilities that support appropriate clinical delivery of non-acute procedures and care; and Netcare Occupational Health that provides employee health and wellness services to a contracted corporate client base in SA and the U.K. Netcare Occupational Health services the public, mining and industrial sectors. The company operates 93 primary healthcare centres (including Lesotho), comprising 15 day theatres and 66 sub-acute beds in SA; and 3 primary care clinics in the U.K. Emergency Services The company provides pre-hospital emergency services; specialised helicopter ambulances available 24/7; intensive care unit (ICU) ambulance services for the transfer of high-risk, critical patients between medical facilities; ICU-configured jet ambulance service staffed by doctors, paramedics and nurses for national and international patient transfer; national emergency operations centre with the capability to geo-locate callers and allocate resources according to urgency; and contracted services to complex industries for health, safety and risk management in Southern Africa. The company operates 84 Netcare 911 emergency bases in SA. Dialysis Services The company has a 50% interest in National Renal Care. The company provides dialysis services to patients with compromised kidney function, improving their quality of life and life expectancy. The company operates 63 renal dialysis facilities in SA. PPPs SA: The company has PPPs with provincial governments, including facilities management in four public hospitals and co-located private hospitals. National Renal Care has 13 PPPs, ensuring that dialysis services are accessible to various public-sector patients. Lesotho: The company has partnership with government to provide public healthcare through the 425-bed Queen ‘Mamohato Memorial Hospital in Maseru and four primary care clinics. The U.K.: The company provides publicly funded healthcare to the U.K. citizens. NHS-funded patients could access treatment from private healthcare providers as long as these providers meet set quality standards and NHS pricing.

Country
Industry:
General medical and surgical hospitals
Founded:
1996
IPO Date:
12/05/1996
ISIN Number:
I_ZAE000011953
Address:
76 Maude Street, Corner West Street, Sandton, Gauteng, 2196, South Africa
Phone Number
27 11 301 0000

Key Executives

CEO:
Friedland, Richard
CFO
Gibson, Keith
COO:
Data Unavailable