Life Healthcare Group

Last updated

Life Healthcare Group
JSE: LHC
Company type Public
Key people
  • Peter Wharton-Hood (CEO) 01 September 2020 −
Revenue R 18.5 Billion (2019) [1]
R 2.8 Billion (2019) [1]
Website lifehealthcare.co.za

Life Healthcare Group, formerly Afrox Healthcare, is the second largest private hospital operator in South Africa, with 6,500 beds. It is also the largest black-owned hospital operator in South Africa. [2]

Afrox was traded on the JSE Securities Exchange until it was sold to Business Venture Investments Limited (Bidco), a black empowerment group, in 2005. [3] [4]

It bought Alliance Medical for about 10.4 billion rand, in November 2016. [5]

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References

  1. 1 2 "Annual Results 2019". Life Healthcare Group. Retrieved 2 January 2020.
  2. Shevel, Adele (8 May 2005). "MD who's unafraid to voice a second opinion". Sunday Times. p. 10.
  3. Njobeni, Siseko (5 March 2005). "Afrox Healthcare empowerment deal gets green light". Business Day. p. 17.
  4. Botha, Zonika (28 November 2003). "R3,1bn deal to empower SA healthcare". Engineering News.
  5. "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.