Listed hospital groups have had a tough run in the past few years from a low-growth economy. With South Africa's biggest private hospital gearing themselves up for the war against Covid-19 pandemic in partnership with government for a peak that is still some weeks away, their balance sheets are going to have to prove resilient. At first this was not too much of an issue, since private hospitals expected to make up for those numbers when the threat of Covid-19 dissipated. Jacques du Plessis, MD of Netcare's hospital division, said the group has had increase in Covid-19 admissions and it currently has capacity to provide care for them. To further prepare to meet the demand for Covid-19 related hospitalisation, he said the company was focusing on managing its resources effectively.

Source: News 24 July 04, 2020 06:01 UTC