COMMENTARY
Growth
Life Healthcare continued to grow its business and improve operational efficiencies during
2012, delivering strong financial results. Activities as measured by hospital paid patient
days (“PPDs”) increased by 6,1% as a result of an increased demand for hospital services,
the expansion of our acute hospital, mental health and acute rehabilitation facilities and
the inclusion of Life Midmed which became a subsidiary in August 2011. An additional
311 registered beds have been added to the business during the financial year ended
30 September 2012 to cater for the increased demand, including the opening of Life Piet
Retief and two mental health facilities; Life St Josephs and Life Poortview. The total number
of registered beds at 30 September 2012 was 8 227 (2011: 7 916).
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