South Africa set for health-care shake-up
From NHI to emigration, the headwinds facing health care in South Africa are driving a reconfiguration in the private sector. It’s likely to affect medical aid schemes and private hospital operators alike
08 December 2022 - 05:00
It’s not just the uncertainty about National Health Insurance (NHI) that is weighing on South Africa’s health-care sector. The scourge of emigration is also taking a toll — particularly on listed hospital groups.
Uncertainty in the sector is clear from private hospital stock prices: Netcare is down 10.8% since the beginning of 2022 and Life Healthcare has shed 28%. That’s against the FTSE/JSE all share index’s 0.8% gain...
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