Life Healthcare Group

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Life Healthcare Group (formerly Afrox Healthcare) is a South African private hospital group, founded in 1983.[1]

Life Healthcare Group
JSE: LHC
Company type
Public
ISINZAE000145892
IndustryPrivate hospitals
Healthcare
Founded1983; 43 years ago (1983)[1]
Headquarters,
Number of locations
75 main facilities (2025)[3]
Area served
Southern Africa
Key people
Victor Litlhakanyane (Chairman)
Peter Wharton-Hood (CEO)[4]
ServicesHealthcare
RevenueIncrease R25.10 billion (2025)[3]
Decrease -R508 million (2025)[3]
Decrease R3.86 billion (2025)[3]
Total assetsIncrease R25.69 billion (2025)[3]
Total equityDecrease R12.14 billion (2025)[3]
Number of employees
16,549 (2025)[3]
Websitelifehealthcare.co.za
Consulting Suite signage at Life Vincent Pallotti Hospital in Cape Town

Headquartered in Johannesburg, the group is focused on Southern Africa, operates 75 main private healthcare facilities, numerous additional clinics and other healthcare facilities, and employs over 16,500 people (including over 10,000 nurses) as of 2025.[3]

History

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Founded as Afrox, the company was traded on the JSE Limited until it was sold to Business Venture Investments Limited (Bidco), a Black Economic Empowerment group, in 2005.[5][6]

In November 2016, Life Healthcare bought European radiology services company Alliance Medical for around R10.4 billion.[7]

In 2021, the group sold 100% of its shareholding in Polish healthcare group Scanmed.[8]

The group sold its shareholding in Alliance Medical Group, a diagnostic imaging group, for a total of approximately R21 billion.[9]

In July 2025, US radiology company Lantheus acquired Life Molecular Imaging from Life Healthcare.[10] This formed part of an overall strategy for Life Healthcare to exit foreign markets and focus on expanding in Southern Africa.[11]

Operations

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As of 2025, under its namesake brand, Life Healthcare operates 75 private healthcare facilities across South Africa, as well as in neighboring Botswana and Namibia. These include 42 major hospitals and 5 day hospitals. The company operates a further 7 Life Nkanyisa provincial government-contracted facilities, and 198 on-site clinics.[3]

In 2025 the group reported employing over 16,500 individuals. Of those, over 10,000 were nurses, and a further 3,000 were specialists and allied professionals.[3]

In the same year, the group stated that approximately 90% of its customers were those with private healthcare coverage (medical aids), while around 4% were government, 4% corporate, and 2% self-paying.[3]

Corporate social responsibility

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In its 2025 annual report, Life Healthcare reported spending a total of R130 million on community initiatives as part of its CSR target - an increase over the previous year.[3]

References

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  1. 1 2 "Disclosure - Life Healthcare". International Finance Corporation. Retrieved 15 August 2025.
  2. "Life Healthcare - Our Contact Details". Life Healthcare Group. Retrieved 1 June 2025.
  3. 1 2 3 4 5 6 7 8 9 10 11 12 "Life Healthcare - Integrated Annual Report, 2025" (PDF). Life Healthcare. 8 December 2025. Retrieved 31 May 2026.
  4. "Meet Our Directors". Life Healthcare. Retrieved 15 August 2025.
  5. Njobeni, Siseko (5 March 2005). "Afrox Healthcare empowerment deal gets green light". Business Day. p. 17.
  6. Botha, Zonika (28 November 2003). "R3,1bn deal to empower SA healthcare". Engineering News.
  7. "South Africa's Life Healthcare to buy Britain's Alliance Medical for $727 million". Reuters. 16 November 2016. Archived from the original on 17 November 2016. Retrieved 15 December 2016.
  8. "Completion Of The Disposal Of 100% Of Shares In Scanmed S.A." (PDF). Life Healthcare. 1 April 2021. Retrieved 31 May 2026.
  9. "Life Healthcare enters into agreement to sell Alliance Medical". Life Healthcare. 5 October 2023. Retrieved 31 May 2026.
  10. "Lantheus Completes Acquisition of Life Molecular Imaging and Appoints Dr. Ludger Dinkelborg as Head of R&D". Lantheus. 22 July 2025. Retrieved 15 August 2025.
  11. Caitlyn Hilliard-Lomas (29 May 2026). "New private hospital coming to millionaire hotspot in South Africa". BusinessTech. Retrieved 31 May 2026.