LIFE Healthcare’s half-year results showed its resilience in the health-care sector despite slower growth in the number of medical aid scheme members.CEO André Meyer says the company managed to produce “solid” results both offshore and in SA, where the management of costs was central.Life Healthcare, the second-biggest private hospital operator in SA by value, reported a 15.8% increase in headline earnings per share to 93c for the six months to March 31.The group’s earnings continued to be affected by the dilutive effect of the interest cost on the funding of its international investments.Life Healthcare is one of three large hospital groups listed on the JSE, along with Netcare and Mediclinic International.The company is exploring further opportunities in Poland. It already owns Scanmed Multimedis, which last year bought Polska Grupa Medyczna for R685m.The Scanmed Group acquisition in Poland consists of 619 beds, 12 inpatient cardiology centres and 43 medical centres.Its total inve...
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