No image available
/ 28 January 2008

Private hospitals dispute claims of exorbitant profits

Private hospitals have disputed claims that they make exorbitant profits. ”The private hospital sector … offers the lowest returns on invested capital in the healthcare chain system,” the Hospital Association of South Africa said on Monday. Chief executive Kurt Worrall-Clare said the profitability of a business could not be evaluated by looking at its income alone.

No image available
/ 15 January 2008

Private healthcare tariffs under spotlight

The threat of prosecution at a high-powered meeting with Health Minister Manto Tshabalala-Msimang forced private hospital groups to commit to reconsidering their annual tariff increases last Friday, Business Report said on Tuesday. The Health Department warned hospital groups to comply with the law when charging for anaesthetic gases, or face prosecution.