Life Healthcare Group

Last updated

Life Healthcare Group
JSE: LHC
Company type Public
ISIN ZAE000145892
IndustryPrivate hospitals
Healthcare
Founded1983;42 years ago (1983) [1]
Headquarters,
Number of locations
63 (2025) [3]
Area served
South Africa
Botswana
Europe
Key people
Victor Litlhakanyane (Chairman)
Peter Wharton-Hood (CEO) [4]
ServicesHealthcare
RevenueIncrease2.svg R25.51 billion (2024) [5]
Increase2.svg R2.89 billion (2024) [5]
Increase2.svg R2.18 billion (2024) [5]
Total assets Decrease2.svg R24.34 billion (2024) [5]
Total equity Decrease2.svg R13.51 billion (2024) [5]
Number of employees
16,108 (2024) [5]
Website lifehealthcare.co.za

Life Healthcare Group (formerly Afrox Healthcare) is a South African private hospital group, founded in 1983. [1]

Contents

Headquartered in Johannesburg, the group has a presence in 13 international markets, operates 63 private healthcare facilities, and employs over 16,000 people (including 3,000 healthcare professionals) as of 2025. [3]

History

Founded as Afrox, the company was traded on the JSE Limited until it was sold to Business Venture Investments Limited (Bidco), a Black Economic Empowerment group, in 2005. [6] [7]

In November 2016, Life Healthcare bought European radiology services company, Alliance Medical, for around R10.4 billion. [8]

In July 2025, US radiology company, Lantheus, acquired Life Molecular Imaging from Life Healthcare. [9]

Operations

As of 2025, Life Healthcare operates 63 private healthcare facilities across 7 South African provinces, as well as neighboring Botswana. [3]

The group also has a presence at 22 locations in Europe, and 14 in the US. [5]

References

  1. 1 2 "Disclosure - Life Healthcare". International Finance Corporation. Retrieved 15 August 2025.
  2. "Life Healthcare - Our Contact Details". Life Healthcare Group. Retrieved 1 June 2025.
  3. 1 2 3 "Life Healthcare - Homepage". Life Healthcare. Retrieved 15 August 2025.
  4. "Meet Our Directors". Life Healthcare. Retrieved 15 August 2025.
  5. 1 2 3 4 5 6 7 "Life Healthcare - Integrated Annual Report, 2024" (PDF). Life Healthcare. Retrieved 15 August 2025.
  6. Njobeni, Siseko (5 March 2005). "Afrox Healthcare empowerment deal gets green light". Business Day. p. 17.
  7. Botha, Zonika (28 November 2003). "R3,1bn deal to empower SA healthcare". Engineering News.
  8. "South Africa's Life Healthcare to buy Britain's Alliance Medical for $727 million". Reuters. 16 November 2016. Archived from the original on 17 November 2016. Retrieved 15 December 2016.
  9. "Lantheus Completes Acquisition of Life Molecular Imaging and Appoints Dr. Ludger Dinkelborg as Head of R&D". Lantheus. 22 July 2025. Retrieved 15 August 2025.