JSE healthcare shares have advanced this year, with Aspen Pharmacare’s recovery outpacing gains at Netcare and Life Healthcare. However, analysts say sustained growth will depend on manufacturing execution and hospital patient volumes. Aspen has gained about 40% since January and more than 60% over 12 months. At roughly R160 this week, its market value stood near R69bn. Aspen Leads JSE…
Tag: Netcare
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Netcare patient volumes support FY guidance
Netcare patient volumes increased in the 2026 financial year, helping the private hospital group remain on track to meet its full-year guidance. Total paid patient days (PPD) rose by about 1.6% for the year ended September, while acute PPD increased by approximately 0.8%. However, medical scheme measures to strengthen solvency constrained activity in the acute hospital portfolio. These measures included…
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Netcare AI Deterioration Algorithm Submitted To SAHPRA
Netcare has submitted its AI-powered patient deterioration algorithm to the South African Health Products Regulatory Authority (SAHPRA) for regulatory approval. The submission follows the completion of a clinical study conducted in Netcare’s intensive care and high-care units. The technology identifies early warning signs of serious clinical deterioration, allowing healthcare teams more time to intervene before a patient’s condition becomes critical.…
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Netcare Growth Expectations Cut After GEMS Benefit Changes
Private hospital group Netcare has trimmed its full-year outlook. This decision follows sudden benefit adjustments by the Government Employees Medical Scheme (GEMS). South Africa’s largest medical scheme for public sector workers introduced strict cost-cutting measures. These alterations will inevitably impact patient volumes across the private hospital sector. Why Netcare Growth Expectations Were Revised Downwards The scheme’s popular Tanzanite One option…
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Netcare CEO Transition: Melanie Da Costa Named Successor
Netcare has confirmed a high-profile leadership handover that will reshape the top team at one of South Africa’s biggest private healthcare groups. The JSE-listed company has appointed long-serving executive Melanie Da Costa as its next chief executive officer, with a phased transition that runs through 2026 and into 2027. Da Costa is currently Executive Director for Strategy and Health Policy.…
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Health Ombud Findings Expose Patient Safety Failures in Gauteng
South Africa’s Health Ombud, Professor Taole Mokoena, has released findings into two separate patient deaths in Tshwane. These findings point to serious breakdowns in safety systems, clinical governance and accountability across both public and private care settings. The first investigation centres on the June 2024 death of 35-year-old psychiatric patient Lerato Mohlamme at Dr George Mukhari Academic Hospital near Ga-Rankuwa.…
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Digitisation Drives Netcare’s Growth with a 20.7% in HEPS
Hospital Group Netcare has delivered a robust set of full-year earnings for the year ended 30 September 2025. The group reported a significant 20.7% surge in adjusted headline earnings per share (HEPS) to 137.2 cents, underpinned by resilient demand for private healthcare and the successful execution of its digitisation strategy. Indeed, digitisation is driving Netcare’s growth, contributing significantly to these…
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Netcare’s mental health services in high demand
Private hospital group Netcare has highlighted a continued and robust demand for mental healthcare services across South Africa. This signals a growing public health concern as more individuals seek help for conditions previously shrouded in stigma. The report comes amidst wider calls for systemic reform to address the nation’s deepening mental health crisis. In a recent trading update, Netcare confirmed…
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Private Hospitals Brace for Muted Growth Amid Economic Squeeze
LEADING analysts are cautious about the growth trajectory for South Africa’s private hospital sector. They cite stagnant medical aid membership figures, a declining healthcare workforce, and a persistently challenging macroeconomic environment as key headwinds. This week, Netcare and Life Healthcare, two of the nation’s largest private hospital groups, reported earnings growth for the six months ending in March. However, Netcare…
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Netcare Mental Health Services Growing Nationwide
Leading private hospital group Netcare is significantly expanding its mental healthcare footprint across South Africa. They have plans for new Akeso facilities in Pretoria, Polokwane, and Alberlito. This expansion emphasises the commitment to Netcare mental health services. Demand for quality mental health support continues to rise nationwide. Responding to growing mental health needs Growing demand for mental health services in…
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Small private hospital groups granted regulatory exemption
The Department of Trade, Industry, and Competition has granted an exemption to small private hospital groups from specific competition regulations for the next five years. This move aims to create a more balanced industry landscape, which Mediclinic, Netcare, and Life Healthcare currently dominate. The Competition Commission said that these three major groups control 83% of the private healthcare facilities in…