Commentary
Overview
Life Healthcare continued to grow during the period under review and is in a healthy
financial position to deliver on its strategic objectives of growth, efficiency and sustainability.
Activities as measured by hospital paid patient days (PPDs), increased by 6,0% as a result
of an increased demand for hospital services due to high incidence of disease together with
a growing and aging medical aid population and preferred network arrangements. Additional
beds have been added to the business to cater for this additional demand, including the
opening of Life Glynnview (Mental Health) in April 2011, the acquisition of Life Midmed in
August 2011, the opening of Life Vincent Palotti Rehabilitation in September 2011 and the
addition of 154 beds in the current period including the opening of Life Piet Retief Hospital
and Life St Josephs (Mental Health).
The total number of registered beds at 31 March 2012 is 8 212.
The Max Healthcare India investment of R823 million resulted in a 26% shareholding.
Life Healthcare continued to improve on its clinical quality metrics during the period under
review resulting in an improvement in its hospital acquired infection rate.
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