Latest news with #LifeHealthcare
eNCA
23-05-2025
- Business
- eNCA
Plans to build new hospital in Paarl
JOHANNESBURG - Life Healthcare has plans to build a 140-bed hospital in Paarl, Western Cape. It's part of the hospital group's strategy to grow its footprint across the country. The group released its interim results on Thursday. Revenue from continuing operations increased by 8.1 percent to R12.1-billion for the six months ended 31 March. The group benefited from the growth of paid patient days and an overall increase in demand for its services, including mental health.
Zawya
23-05-2025
- Business
- Zawya
South Africa: Life Healthcare 2025, expansion and innovation pay off with strong interim performance
Life Healthcare Group Holdings Limited has announced its interim results for the six months ended 31 March 2025, highlighting robust operational growth, strategic capacity expansion, and continued investment in key healthcare initiatives across Southern Africa. 'We are pleased with the solid financial results from our core operations, particularly the growth in normalised earnings per share. Our balance sheet remains strong, with net debt to normalised EBITDA at 0.65 times, well within our covenant requirement of 3.5 times. "Cash generated from continuing operations was R2bn, representing 105.3% of normalised EBITDA, enabling us to confidently invest in strategic growth projects across both our acute hospitals and complementary services,' said Pieter van der Westhuizen, chief financial officer. This strong financial foundation underpins Life Healthcare's operational progress and its continued investment in meeting rising demand for high-quality healthcare across the region. Operational performance highlights During the first half of the financial year, Life Healthcare's Southern African operations delivered solid growth, driven by increased patient activity and improved occupancy rates. Paid patient days (PPDs) rose by 2.0% compared to the prior period, with overall occupancies advancing to 68.6%. Revenue from continuing operations increased by 8.1% to R12.1bn, supported by a favourable case mix and an annual tariff adjustment of 5.1%. Hospital normalised EBITDA grew by 8.3%, underscoring the resilience and relevance of the Group's core healthcare services in a dynamic healthcare environment. Strong core earnings From a financial perspective, normalised earnings per share (NEPS) from continuing operations increased by 9.1% to 49.0 cents reflecting the strength and stability of the underlying business. Reported earnings per share (EPS) and headline earnings per share (HEPS) are negative for the period, primarily due to a R2.9bn fair-value loss on contingent consideration related to the pending LMI disposal and the absence of the R2.8bn once-off gain from the prior year disposal of Alliance Medical Group. These are non-cash, once-off accounting items that do not impact cash flow or the operational trajectory of the core business. Pro-forma adjustments confirm the Group's underlying performance remains robust. The Board has declared an interim gross cash dividend of 21.0 cents per ordinary share, an increase of 10.5% compared to the prior period. The last date to trade cum dividend is Tuesday, 10 June 2025, with the record date on Friday, 13 June 2025, and payment on Tuesday, 17 June 2025. Strategic development and outlook Peter Wharton-Hood, chief executive officer, commented, 'Our strong performance in the first half of the year underscores the ongoing demand for high-quality healthcare services across our markets and validates our growth strategy. "The new hospital build project in Paarl marks a significant milestone in meeting future regional healthcare needs and exemplifies our commitment to expanding access and improving care delivery.' For FY2025, the Group plans to grow its underlying asset base by adding 58 acute hospital beds, 24 acute rehabilitation beds, one cathlab, one vascular lab, alongside further expansion of the diagnostics business with two new PET-CT sites expected to be completed in H2-2025, as well as the completion of two imaging transactions. Capital expenditure for the year is expected to reach R2.3bn. The Group continues to drive occupancy improvements, as well as focusing on operational efficiencies and asset optimisation. The business remains firmly on track to meet its 2025 outlook guidance. The pending sale of LMI is progressing well and is expected to close in the second half of 2025, representing a key milestone in the Group's portfolio optimisation strategy. Looking ahead to the second half of the year, Life Healthcare will continue prioritising capital allocation, executing its growth initiatives, and delivering long-term value to stakeholders through a pipeline of expansion projects and innovative services. Wharton-Hood expressed gratitude to the team members for their contribution to the Group's strong results. 'We sincerely thank our dedicated Life Healthcare employees, doctors, healthcare professionals, and the LMI team for their resilience, commitment, and unwavering support in exceptional care and advancing our strategic initiatives,' he said. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
The Citizen
21-05-2025
- Health
- The Citizen
Crompton Hospital celebrates nurses
LIFE Crompton Hospital celebrated International Nurses' Day by treating its staff with a special lunch on Friday. International Nurses' Day is celebrated annually on May 12, the anniversary of the founder of modern day nursing, Florence Nightingale's birthday. The theme for International Nurses' Day 2025 is 'Our Nurses. Our Future. Caring for nurses strengthens economies'. Nurse manager Viloshnee Ponnan said the hospital always recognises their dedicated nurses on this day. Also read: Dedication and hard work celebrated on Nurses Day 'We do not only celebrate them for their clinical skills but also for their emotional labour, critical thinking, and their unwavering commitment to excellence. 'We celebrate the late-night shifts, the long hours, and the countless moments of kindness and compassion that they show to our patients and their loved ones. Nurses are truly the backbone of Life The Crompton hospital,' said Ponnan, adding that the management team are honoured to work alongside them. Aligned to May 12 is Life Healthcare's Great 100 Nurses initiative, recognising nurses who have been chosen by their peers for epitomising quality and compassion in their daily work. Receiving this title were registered nurses, Karan George and Mbali Shezi. Also read: Donations needed for six abandoned babies at Addington Hospital George, who has been in the nursing profession for 24 years, said she feels honoured and privileged for the recognition. The wife and mother of two daughters said she chose a career in nursing to help people, serve humanity and to preserve life. 'Being a nurse is so rewarding and fulfilling, I feel so complete at the end of each day,' she said. George also thanked the management for its support, team work, leadership, guidance and the warmth they portray. 'It is amazing,' said the nurse with a smile. For more from the Highway Mail, follow us on Facebook , X and Instagram. You can also check out our videos on our YouTube channel or follow us on TikTok. Click to subscribe to our newsletter here At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
The Citizen
18-05-2025
- Health
- The Citizen
Life Roseacres Hospital celebrates nurses as pillars of compassion and care
In celebration of International Nurses Day on May 12, Life Roseacres Hospital was filled with warmth and appreciation as it hosted an event to honour its nursing staff, the true backbone of healthcare. 'As a hospital, we recognise the invaluable contributions of our nursing professionals. This year's theme resonates with Life Healthcare's commitment to investing in, respecting, supporting, recognising, and protecting our nurses,' said Janene de Beer, marketing and communications manager. This year's global theme 'Our Nurses. Our Future. Caring for Nurses Strengthens Economies', is a reminder of the critical role nurses play in healthcare systems and the economic well-being of societies. ALSO READ: Life Roseacres Hospital rated highly in Discovery Care Ratings for 2024 One of the most moving moments of the celebration was when nurses gathered to renew the Nightingale Pledge – a solemn oath reaffirming their dedication to ethical, compassionate, and skilled care. With candles lit and hearts full, the nurses stood side by side, echoing a pledge that defines their noble calling. In her keynote address, Life Roseacres Hospital Manager Sentle Moroeroe praised the nursing team for their unwavering commitment. 'Nurses Day is an important date on our calendar, as it allows us to honour and celebrate our nurses for their commitment to excellence in patient care. 'Our nurses work hard to deliver clinical expertise and go above and beyond – lending a listening ear and offering a compassionate touch, which often plays a vital role in a patient's recovery,' said Moroeroe. She added, 'Today, we celebrate more than just a profession – we honour a calling. Our nurses are healers, comforters, and often the first and last people patients encounter. Their work cannot be measured by hours, but by the lives they touch.'Moroeroe encouraged nurses to take pride in their profession. 'Nurses are sometimes undervalued, but their work is profoundly important. They play a central role in the care and well-being of every patient.' ALSO READ: Christmas baby boy welcomed at Life Roseacres Hospital A special highlight of the day was the recognition of Dineo Khumalo, recently selected as one of the Great 100 Nurses. Through this initiative, the group honours top nurses chosen by their peers for their efficiency, quality of care, compassion, and contribution to enhancing the patient experience. Khumalo, who joined Life Roseacres a year ago, expressed her gratitude and excitement. 'I started in May last year, and being selected for the Great 100 Nurses is a humbling experience. It is an assurance that I am doing my job well.' Coming from a financial background, Khumalo shared how she made a bold decision to switch careers.' 'I spent ten years in the corporate world, but had a strong passion for nursing. I left finance and pursued my dream – and never looked back.' She encouraged others to follow their passion regardless of age or career stage. 'It is never too late. Since starting my nursing journey, I have learnt so much. There is a wide range of opportunities in this profession. We need to be open to learning and empowering ourselves.' Khumalo also urged fellow nurses to take pride in their roles. 'Whether a patient is kind or not, we must always aim to deliver the best care – it is our duty. It is also important to educate patients about their rights and nurses' rights, to establish a mutual understanding and respect.' The day concluded with speeches of gratitude, light refreshments, and tokens of appreciation shared among colleagues. Nurse manager Natasha Packree, who led the ceremony, emphasised the need for continuous professional development and emotional support. 'Renewing our oath is a reminder of the sacred trust we hold. Every patient we care for deserves our best, and to give that, we must take care of ourselves,' she said. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
The Citizen
16-05-2025
- Health
- The Citizen
Life Suikerbosrand celebrates International Nurses' Day
In honour of International Nurses' Day (May 12), the Life Suikerbosrand Hospital recognised nursing professionals' invaluable contributions. This year's global theme, Our Nurses. Our Future. Caring for nurses strengthens economies, resonates with Life Healthcare's commitment to investing in, respecting, supporting, recognising and protecting our nurses. 'International Nurses' Day is an important date on our hospital calendar because it allows us to honour and celebrate our nurses for their commitment to excellence in patient care. Our nurses work hard to provide quality care through their clinical expertise and go above and beyond to lend a listening ear and provide a compassionate touch, which often contributes significantly to a patient's recovery. Their heartfelt care and dedication truly set them apart,' said hospital manager Ashraf Waja. 'At Life Healthcare, we understand that respecting, supporting, recognising and caring for our nurses is vital to ensuring they can perform their roles effectively. We value the person, not just the profession,' continued Waja. 'This year's theme is a powerful reminder of the importance of appreciating our nurses. We take immense pride in being a patient- and people-centric organisation. By placing our nurses at the centre of care, we place our patients at the centre as well. When we empower our nurses and strengthen their well-being, we enable them to provide even better care for our patients.' 'Life Healthcare offers many initiatives that support our nurses beyond professional development. Health and well-being are key priorities, and we provide an Employee Wellness Programme (EWP) that offers free counselling services to support emotional and psychosocial health, which also extends to our nurses' immediate family members. 'Our EWP also provides guidance on legal and financial matters, empowering nurses to thrive personally and professionally,' nurse manager Cathryn van Zuydam added. Waja emphasised that additional initiatives, such as ensuring workplace safety, sponsoring nurses' professional association fees, providing competitive salaries, and fostering a culture of zero tolerance against GBV, demonstrate how the organisation cares for our nurses. 'Caring for our nurses through these initiatives is important because they are the heart and backbone of our hospitals. They deserve support in what is often a demanding work environment. 'We frequently receive heartfelt thank-you notes and cards from patients and their families, thanking our nurses who stood by them in their times of illness and recovery,' Waja added. 'Today is an opportunity to thank the local community for trusting our nurses and hospital services. Let us continue to value and respect our nurses daily,' he said. Recognition in any profession is crucial to uplifting individuals and boosting morale. In line with International Nurses' Day, Life Suikerbosrand Hospital runs its annual Great 100 Nurses initiative, recognising the top 100 nurses chosen by their peers for their efficiency, quality, compassion and patient experience enhancement. This initiative celebrates nurses for their dedication to delivering exceptional care. 'We congratulate all of this year's Great 100 Nurses nominees and winners,' Van Zuydam said. As we celebrate International Nurses' Day, let us all reflect on the contributions made by our nurses and commit to supporting them in their essential roles. Together, we can ensure a brighter and healthier future for our community and the world. The nurses of Life Suikerbosrand Hospital were welcomed by management, each experiencing a special 'red carpet moment', to celebrate their contributions. The nurses will recite the Nurses' Pledge in the hospital reception area. As a token of appreciation for their hard work and dedication, they received a snack pack and a gift. Londi Maphumulo, a registered nurse in the ICU, was selected as one of Life Healthcare's Great 100 Nurses. Her compassion is her guiding principle. When Maphumulo is on duty, her patients are safe and in capable hands. She is knowledgeable and ensures everyone around knows what is happening. Maphumulo regularly checks on her colleagues and her patients. As the world pauses to appreciate these healthcare heroes, let us thank the nurses who make a difference in our lives. Whether through words of thanks, acts of support, or efforts to strengthen the nursing profession, celebrating National Nurses' Day means advocating for a better, healthier future for all. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
