Ramsay Health Care

Last updated

Ramsay Health Care Limited
Company type Public
ASX:  RHC
Industry Healthcare
Founded1964 (1964)
Founder Paul Ramsay
Headquarters,
Number of locations
~500
Area served
Australia, United Kingdom, France, Sweden, Norway, Denmark, Germany, Indonesia, Malaysia, Hong Kong, Italy
Key people
Services
RevenueIncrease2.svg A$12.456 billion (2021)
Increase2.svg A$449 million (2021)
Total assets Increase2.svg A$18.059 billion (2020)
Total equity Increase2.svg A$4.236 billion (2020)
Number of employees
~80,000
Divisions
Website www.ramsayhealth.com
Footnotes /references
[1]

Ramsay Health Care Limited is an Australian multinational healthcare provider and hospital network, founded by Paul Ramsay in Sydney, Australia, in 1964. The company operates in Australia, Europe, the UK, and Asia, specialising in surgery, rehabilitation, and psychiatric care.

Contents

Natalie Davis was appointed CEO-elect in July 2024, and current managing director and CEO Craig McNally will retire in June 2025. [2]

History

The organisation was founded in Sydney, Australia, in 1964 by Paul Ramsay. [3]

In 1997, the organisation went public on the Australian Stock Exchange. [3] The Ramsay group grew into one of the largest private hospital operators in the world, with over 400 hospitals located in Australia, England, France, Indonesia, and Malaysia. [4]

Ramsay Australia

Hospitals and facilities run by Ramsay

Asia

Ramsay Sime Darby

Paul Ramsay signed a joint venture in March 2013 with Malaysian conglomerate Sime Darby to combine Ramsay's three Indonesian hospitals with Sime's three in Malaysia, with plans to expand throughout Southeast Asia. [5] The venture has since expanded to an additional day surgery in Hong Kong and a nursing college in Malaysia. [6]

Europe

Capio

Capio is the Scandinavian division of Ramsay Health Care, having been acquired by Ramsay Santé in 2018. [7] [8]

Ramsay Santé

Ramsay Health Care first acquired hospitals in France in 2010 and together with its partner Crédit Agricole Assurances, grew to a total of 40 hospitals across France, before acquiring a controlling interest in the market leader – Générale de Santé and its 75 facilities in 2014. [9] [10]

Ramsay Générale de Santé is the largest private hospital group in France [11] with 121 facilities (110 hospitals) making it the market leader in that country.

Ramsay UK

Ramsay Health Care UK - a network of 22 private UK hospitals, 9 treatment centres and 3 neurological units, offering a range of treatments from hip replacements to knee replacement surgery and cosmetic surgery to weight loss surgery. It provides a number of Independent sector treatment centres for the English NHS. In 2007, Capio was acquired by Ramsay Health Care. [12]

See also

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References

  1. Ramsay Health Care Limited. "ASX Announcement - Financial Report for the year ended 30 June 2020".
  2. Herbert, Nick (30 July 2024). "Australia: Ramsay Health Care announces group CEO transition". Investors in Healthcare. Retrieved 26 August 2024.
  3. 1 2 "Ramsay Health Care". AIDH. Retrieved 26 August 2024.
  4. "20+ years and 450+ hospitals and facilities later: How Ramsay's CEO helped turn a small Australian system into an $8.7B global health organization". www.advisory.com. Retrieved 23 September 2024.
  5. "Aussie Entrepreneurs Love The Lure Of Asia's Thriving Middle Class". Forbes Asia. 29 January 2014. Retrieved 2 February 2014.
  6. "Our Facilities - Ramsay Sime Darby". www.ramsayhealth.com. Retrieved 4 May 2021.
  7. "Capios historia | Capio". capio.se. Retrieved 25 September 2024.
  8. Murray, Cameron (15 October 2020). "Analysis: Ramsay's Capio integration two years on". Healthcare Business International. Retrieved 25 September 2024.
  9. Jacquin, Jean-Baptiste (11 June 2014). "La Générale de santé passe sous contrôle australien pour 945 millions d'euros". Le Monde.fr (in French). ISSN   1950-6244 . Retrieved 18 January 2018.
  10. Gardner, Jessica (12 May 2014). "Ramsay Health Care negotiating with French hospital group". The Sydney Morning Herald. Retrieved 8 August 2024.
  11. Carter, Bridget (3 September 2023). "Investors push Ramsay Health Care for Sante spin-off". The Australian. Retrieved 8 August 2024.
  12. Philips, Deborah; Garry Whannel (2013). The Trojan Horse: The Growth of Commercial Sponsorship. A&C Black. pp. 247–248. ISBN   978-1472508386 . Retrieved 3 May 2014.