Medi­clinic buys Life Path Health

The Star Early Edition - - BUSINESS REPORT -

PRI­VATE hos­pi­tal group Medi­clinic South­ern Africa said yes­ter­day that it had ac­quired a ma­jor­ity stake in Life Path Health, a men­tal health treat­ment provider op­er­at­ing seven fa­cil­i­ties cur­rently con­cen­trated in the Western Cape, with a fur­ther three in the process of de­vel­op­ment in other re­gions of South Africa. The ac­qui­si­tion of the ma­jor­ity stake in Life Path Health is sub­ject to the ful­fil­ment of a num­ber of sus­pen­sive con­di­tions, in­clud­ing the ap­proval of the trans­ac­tion by the com­pe­ti­tion au­thor­i­ties. Medi­clinic South­ern Africa chief ex­ec­u­tive Ko­ert Pre­to­rius said: “There is a strong align­ment be­tween Life Path Health’s cur­rent health-care of­fer­ing and Medi­clinic’s vi­sion of trans­form­ing into a more in­te­grated health-care ser­vice provider, of­fer­ing a broader range of ser­vices to our pa­tients.” – Staff Re­porter

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