Life Healthcare Group, formerly Afrox Healthcare, is the second largest private hospital operator in
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...
, with 6,500 beds. It is also the largest
black
Black is a color which results from the absence or complete absorption of visible light. It is an achromatic color, without hue, like white and grey. It is often used symbolically or figuratively to represent darkness. Black and white ...
-owned hospital operator in South Africa.
Afrox was traded on the
JSE Securities Exchange until it was sold to Business Venture Investments Limited (Bidco), a
black empowerment group, in 2005.
It bought
Alliance Medical
Alliance Medical is a radiology services company founded in 1989 by Robert Waley-Cohen operating across Europe.
In 2010 Lloyds Bank, Commerzbank and M&G Investments acquired 85% of the company in a debt-for-equity swap.
A consortium, called t ...
for about 10.4 billion rand in November 2016.
References
Health care companies of South Africa
Hospital networks
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