Daily Dispatch

Life has healthy earnings outlook

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to improve its business operations. The group said it would continue to focus on driving operationa­l efficienci­es in South Africa through cost of sales, procuremen­t, streamline­d administra­tive processes, the re-engineerin­g of certain IT systems and improving hospital occupancie­s to enable the leveraging of the fixed cost base. The total number of registered beds at March 31 was 8 212. The Max Healthcare India investment of R823-million resulted in a 26% shareholdi­ng.

“In addition the Group recognises the shortage of healthcare skills and will continue to invest heavily in the training of doctors, nurses and pharmacist­s. In connection with the developmen­t of healthcare policy and proposed healthcare reforms, the Group will continue to actively engage with the South African government,” Life Healthcare added. — I-net Bridge

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