HEALTHCARE
SA and Namibia lift Mediclinic revenue
Mediclinic, the third-largest hospital group in the country operates 49 hospitals and two day clinics in SA and has three hospitals in Namibia
Private healthcare group Mediclinic reported growth in their southern African operations for the year to March, but underperformed in the Middle East. Mediclinic is the third-largest hospital group in the country. It operates 49 hospitals and two day clinics in SA and has three hospitals in Namibia and more than 8,000 inpatient beds. Southern African revenue grew 7% to R14.3m, accounting for 28% of group revenue, which was 30% higher at £2,749m. The hospital group’s operating platforms are in SA and Namibia, Switzerland and the United Arab Emirates. CEO Danie Meintjes said the group experienced growing demand for quality healthcare services, underpinned by an ageing population, a growing disease burden and technological innovation. Its southern African revenue increase was driven by a 0.8% rise in bed days sold and a 5.8% increment in the average revenue per bed day. The hospital group had a 0.6% boost in admissions and patients stayed in hospitals longer, increasing the average sta...
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