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South Africa

 

Medical schemes thrown lifeline in SA

South Africa’s government faces a dilemma between ditching the single-payor single fund model of its National Health Insurance (NHI) policy, or offering the management of the scheme to the private sector. We heard more about this at the IFC conference in Barcelona last week.

UK dentistry group signs £15m deal with JSE-listed investor

Dentex Healthcare Group, a UK dental partnership network that launched three years ago, is getting a £15m investment from South African-Mauritian firm Universal Partners to expand across the UK. We speak to Dentex CEO Barry Lanesman.

Real solutions for retention and recruitment

Recruitment, retention and training are now the primary challenges for the healthcare services industry. The obvious solution to keeping staff - paying more – is no longer working. Private operators around the world are now fishing in a global market that's short of 15m healthcare workers. So what practical solutions are operators putting into force and what really works? We talk to 25 operators from across the world.

Mediclinic’s Middle East problems

Insiders at Arab Health were talking about Mediclinic’s Middle East problems several weeks before the announcement which saw the shares fall 5%. So what are they saying?

Mediclinic: Why has swallowing Al Noor given it indigestion?

What’s going wrong at Mediclinic – and why isn't it being more open about its problems? That’s a question being asked by some analysts after six monthly figures suggested swallowing up Al Noor has given South Africa’s largest hospital group indigestion.

Mediclinic revenue up but EPS plummets after Al Noor purchase

The largest private hospital group in South Africa, Mediclinic, is feeling the effect of issuing shares to acquire Gulf hospital group Al Noor - and reported a drop of 26% in its underlying earnings per share (EPS) for the six months ending September 30.

Profits – and share price – fall at Life Healthcare

Shares in the South African group Life Healthcare were flat this morning, after falling last Friday following news of an 11.6% fall in after-tax profit in FY 2016 results. Margins fell to 27.5% in Southern Africa and 10.2% in Poland as the rand depreciated and the Polish government cut cardiac tariffs by 17.4% this year. Operating performance, however, was largely strong, contributing to a 12% increase in sales to R16.4bn (US$1.14bn) and 6.6% in EBITDA to R4.3bn (US$0.3bn).

Egyptian investor close to making acquisitions in Africa

The Egyptian investor Rx Health Management is close to committing most of its US$50m Egyptian fund and is close to making acquisitions in Africa. We speak to CEO and chairman Professor Hatem Elgabaly to find out more.

Author defends controversial OECD South African hospital report

In March, we examined a report by the OECD on the affordability of private hospitals in South Africa, and gave space to experts on either side of the debate to discuss the findings. We’re now giving the final author of the report, Tomas Roubal, an economist at the World Health Organisation (WHO), an opportunity to enter the debate after he presented his findings at the Board of Healthcare Funders conference this summer.

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