A public consultation on competition in South Africa could lead to a relaxation on external investment in the laboratory market, Healthcare Nova hears.
German telehealth company Ada claims that introducing new languages on its AI-powered "symptom checker" app will eventually open the market up to an additional 102 million people.
Mediclinic's provisional H1 2018/19 results show 5% growth in South Africa and the UAE and just 1% in Switzerland where payor reforms are having an impact.
Mediclinic's provisional H1 2018/19 results show 5% growth in South Africa and the UAE and just 1% in Switzerland where payor reforms are having an impact.
Investors were less than impressed by Netcare's recent announcement that earnings for the year to September 30 would be lower than last year - dropping its share value by almost 13% before a slight recovery. Netcare blamed "difficult trading conditions" but it is not the only one feeling the heat at home - Life and Mediclinic have also seen their values drop in the last six months. We talk to a South Africa based healthcare expert to find out what's wrong with the market.
UK hospital operator BMI Healthcare is close to a 40% rent reduction with its major landlord, while South African majority owner Netcare has reportedly "written its investment down to zero". Hedge funds with a position in BMI's property arm debt have injected equity into BMI's holding company, say reports, although Netcare's CEO says that "no disposal transaction has yet been concluded."
South-Africa based Life Healthcare says it will now be concentrating on its European and domestic interests after selling its stake in India-based Max Healthcare Institute.
We hear that South African hospital group Netcare has received a less-than-lukewarm reception so far when trying to market its UK asset BMI Healthcare this summer and that a takeover by the propco owners is the most likely scenario, as we reported earlier. But how will the incoming owner return the business to profitability?
We hear that South African hospital group Netcare has received a less-than-lukewarm reception so far when trying to market its UK asset BMI Healthcare this summer and that a takeover by the propco owners is the most likely scenario, as we reported earlier. But how will the incoming owner return the business to profitability?
We talk to the former CEO of South African hospital group Life Healthcare, Andre Meyer, a year on from his departure. He tells us about his start-up, Invenico, which he says he co-founded to tackle the biggest issues facing healthcare in South Africa. He also shares his thoughts on the acquisitions made under his tenure at Life.
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