| Netcare | |
| Type: | Public limited company |
| Foundation: | 1996 |
| Location City: | Sandton, Johannesburg |
| Location Country: | South Africa |
| Key People: | Thevendrie Brewer (Chairman) Dr Richard Friedland (CEO) |
| Industry: | Healthcare |
| Num Employees: | 19 915 |
| Revenue: | R 21 005 million (2021)[1] |
| Operating Income: | R 3 794 million (2021) |
| Parent: | Netcare Group Limited |
| Subsid: | Netcare HospitalsNetcare Cancer CareNetcare 911Netcare MedicrossAkeso ClinicsNational Renal CareNetcare PlusNetcare EducationNetcare DiagnosticsICAS South Africa |
| Homepage: | Netcare |
Netcare Limited is a South African private healthcare company. It operates through a number of subsidiaries and employs just over 21 000 people.
The group offers a range of medical services across the healthcare spectrum and operates South Africa’s largest network of private acute care hospitals as well as emergency medical services, primary healthcare, renal dialysis and mental health services.
Netcare provides the following private healthcare facilities and services:
Netcare is also a private trainer of nursing and emergency medical personnel through Netcare Education’s Faculty of Nursing and Ancillary Healthcare (FNAH) and Faculty of Emergency and Critical Care (FEEC). FNAH provides education and training at five campuses and FECC at two campuses.
Netcare embarked on a digitisation programme in 2018.
Netcare is implementing an integrated, fully mobile patient care system – CareOn - as a key part of its digitisation project.
Netcare was established in 1996, and was listed on the JSE Limited (Johannesburg Stock Exchange) the same year.[2] It initially expanded into the UK in 2001. In 2002 it won The Ophthalmic Chain contractin Kent, Merseyside, Cumbria, Lancashire, Hampshire, and Thames Valley, to carry out 44,500 cataract removals over a 5-year period and the £2.5bn contract for the Greater Manchester Surgical Centre, a 48-bed facility at Trafford General Hospital to provide 44,863 elective procedures over 5 years with a diagnostics programme valued at £1bn. In 2004 it signed a contract to carry out 41,600 cataract operations for the NHS at sites throughout the UK including Cumberland Infirmary.[3]
The company acquired a controlling stake in General Healthcare Group, the UK's largest private hospital group with 50 hospitals, in 2006 for £2.2 billion. This brought Netcare's total number of hospitals to 120 with over 11,000 beds, 510 operating theatres, and 37 pharmacies. GHG had a subsidiary company, Amicus Health which tendered for NHS contracts. It had contracts with Stracathro Hospital for 8000 episodes of elective surgery in orthopaedics, urology, general surgery and gastroenterology from 2006–9. The company used Vanguard Healthcare mobile units to treat NHS cataract patients across the UK.[4] The mobile cataract units in Cumbria had failure rates 6 times that of local NHS facilities.[5]
In 2019, Netcare partnered with Founders Factory Africa, selecting 35 African health-tech startups for an acceleration and incubation program. Accelerated startups will receive a £30,000 cash investment (≈$38,000) and £220,000 in support services from Founders Factory Africa. Incubator health-tech ventures will receive £60K cash and £100K toward support. Founders Factory Africa and Netcare will share a 5 to 10 percent equity stake in each startup accepted into the program.[6]