- CEO
- Peter G. Wharton-Hood
- Full Time Employees
- 17,810
- Sector
- Health services
- Industry
- Hospital/Nursing management
- Address
- Oxford Parks Dunkeld GT South Africa 2196
- IPO Date
- Jun 10, 2010
- Business
- Life Healthcare Group Holdings Limited operates as a diversified healthcare provider focused on acute hospital care and complementary services in Southern Africa. The company offers acute hospitals; mental health facilities; acute rehabilitation centers; renal dialysis units; oncology centers; diagnostic and nuclear imaging services; Life Nkanyisa step-down care centers providing long-term chronic mental healthcare, frail care rehabilitation, and step-down care; and out-of-hospital services including education, training, and Life Health Solutions employee wellness programs. It operates approximately 48 hospital facilities, nine mental health facilities, seven rehabilitation centers, 71 renal dialysis facilities, five oncology centers, and 13 diagnostic facilities primarily in South Africa, with international radiopharmaceutical activities through Life Molecular Imaging.
Founded in 1983 and headquartered in Johannesburg, South Africa, the company, formerly known as Afrox Healthcare Limited until its name change in 2005, employs over 20,000 people and targets patients requiring specialized medical care across its segments.
In recent developments, Life Healthcare entered an agreement in January 2025 to sell its entire stake in Life Molecular Imaging to Lantheus Holdings Inc. for over R13.9 billion, advancing its portfolio optimization strategy with closure anticipated in the second half of 2025; it previously sold Alliance Medical Group in 2023 to iCON Infrastructure for approximately ZAR 21 billion enterprise value. The company reported strong operational growth in its March 2025 interim results, including dividend increases and plans to expand with 58 acute hospital beds, 24 rehabilitation beds, one cath lab, one vascular lab, and two new PET-CT sites, alongside R2.3 billion in capital expenditure for FY2025. Additional growth initiatives encompass a 140-bed expansion at Life Pole Valley hospital and imaging transaction completions, supported by special dividends totaling ZAR 4.4 billion in 2025.