- CEO
- Richard Harold Friedland BvSc Man
- Full Time Employees
- 18,000
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- Address
- 76 Maude Street Sandton GT South Africa 2196
- IPO Date
- Nov 6, 2013
- Business
- Netcare Limited operates as a leading provider of private healthcare services in South Africa. The company manages a national network of 49 acute hospitals with 9,827 beds, 11 day clinics, and institutional pharmacies for medicine supply, management, and dispensing; Netcare 911 emergency services encompassing 93 bases, 240 ambulances and response vehicles, 4 helicopter ambulances, 5 fixed-wing aircraft, and a National Emergency Operations Centre; Netcare Akeso with 14 mental health hospitals offering 1,007 beds and dialectical behavioural therapy; Netcare Cancer Care including 9 radiation centres and 8 haematology centres; National Renal Care with 75 dialysis facilities and 1,013 stations; Netcare Medicross primary healthcare comprising 63 family medical and dental centres; Netcare Occupational Health with 47 contracts for employee wellness, travel services, and risk management; Netcare Diagnostics providing point-of-care testing; NetcarePlus offering prepaid healthcare vouchers, procedures, primary care insurance, gap cover, baby care, and accident coverage; and Netcare Education training nursing and emergency medical professionals across five nursing colleges and two emergency colleges. Netcare conducts operations across all South African provinces, with concentrations in Gauteng, KwaZulu-Natal, and the Western Cape. Founded in 1994 and headquartered in Johannesburg, the company employs over 18,000 people and completed implementation of its fully integrated electronic medical records (EMR) platforms across its ecosystem—including CareOn for hospitals and emergency services, Aria for cancer care, NephrOn for renal care, and others—in April 2024, marking the first such system in Africa and enabling data-driven clinical efficiency and person-centred care strategies. Recent strategic progress includes surpassing 10-year environmental sustainability targets with a 39% reduction in energy intensity per bed, cumulative savings exceeding R1.5 billion, and joining the UN Race to Zero 2050 Challenge; advancing Phase 2 and 3 of its 10-year digital transformation to enhance patient safety, outcomes, and lifetime retention within the ecosystem; and maintaining strong financials with R1.6 billion returned to shareholders via dividends and buybacks in FY2024, alongside adjusted HEPS growth of 7.6%.