Life Healthcare Group

Life Healthcare Group
JSE: LHC
Company typePublic
Key people
  • Peter Wharton-Hood (CEO) 01 September 2020 −
RevenueR 18.5 Billion (2019) [1]
R 2.8 Billion (2019)[1]
Websitelifehealthcare.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]

References

  1. ^ a b "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.


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