Life Healthcare planning Polish adieu
Decision to divest highlights regulatory challenges that have confronted group and JSE-listed rivals
21 November 2019 - 07:57
Private hospital group Life Healthcare is exploring an exit from its Polish business Scanmed, which has been hit hard by government-imposed tariff cuts, it said on Thursday.
While the private hospital group Scanmed has never been a significant part of Life Healthcare’s business, management’s decision to divest highlights once more the unforeseen regulatory challenges that have confronted it and its JSE-listed rivals, Netcare and Mediclinic International, with many of their offshore ventures...
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