Mediclinic Southern Africa acquires a controlling share in Matlosana Medical Health Services
Mediclinic International today announced that its Mediclinic Southern Africa division has received approval for its proposed acquisition of a controlling share in Matlosana Medical Health Services Proprietary Limited ("Matlosana"), based in Klerksdorp in the North-West Province of South Africa. The acquisition includes two multi-disciplinary hospitals namely the 185-bed Wilmed Park Hospital and the 62-bed Sunningdale Hospital. In addition, the acquisition includes a 51% share in the 50-bed Parkmed Neuro Clinic psychiatric hospital.
Mediclinic Southern Africa initiated the acquisition process in 2015. Following various approval processes, the matter was referred to the Competition Appeal Court which has now ruled in favour of the acquisition, with an expected effective date around the middle of 2020.
Koert Pretorius, Chief Executive Officer of Mediclinic Southern Africa, said:
"We are delighted to expand our current care offering within the North West Province of South Africa. Mediclinic remains focused on delivering high-quality healthcare services across the continuum of care and an excellent client experience. The Wilmed Park Hospital has consistently been recognised as one of the best hospitals within the North West Province and we are excited to work with the many doctors, nurses and staff at Matlosana to build on that reputation.
"The existing management team at the hospital will remain in place to ensure that the business continues to deliver the same high levels of care under the Mediclinic brand, as we expand our focus on delivering accessible, quality care at the best possible value for our patients."
Marius van Tonder, CEO of Matlosana Health Services Proprietary Limited, said:
"We look forward to a new era alongside Mediclinic where we have the opportunity to integrate the strengths of our two organisations towards providing expanded access to expertise for our patients."
Matlosana is a privately owned holding company of three hospital facilities in Klerksdorp, North West Province, South Africa. The Matlosana Group managed to attract top doctors, nurses and other medical support staff to Klerksdorp and renders world class healthcare services to their patients.
About Mediclinic Southern Africa
Mediclinic Southern Africa is the third largest private healthcare provider in Southern Africa by number of licensed beds. Most of the hospitals are acute, general hospitals providing specialist-led care by independent medical practitioners.
Investments made over the years in employees and facilities in Southern Africa, and in building strong relationships with medical practitioners, funders and patients, continue to reinforce the division’s long-term ambition of growing by expanding across the continuum of care. This landscape offers unique opportunities for developing and delivering appropriate care settings and modalities for patients and offering medical practitioners the convenience of combining the quality they have come to expect with the ability to treat and address an expansive list of medical needs – all under the roof of a single healthcare provider.
About Mediclinic International plc
Mediclinic is an international private healthcare services group, established in South Africa in 1983, with divisions in Switzerland, Southern Africa (South Africa and Namibia) and the United Arab Emirates.
The Group’s core purpose is to enhance the quality of life.
Its vision is to be the partner of choice that people trust for all their healthcare needs.
Mediclinic is focused on providing specialist-orientated, multi-disciplinary services across the continuum of care in such a way that the Group will be regarded as the most respected and trusted provider of healthcare services by patients, medical practitioners, funders and regulators of healthcare in each of its markets.
Mediclinic comprises 77 hospitals, five sub-acute hospitals, 14 day case clinics and 22 outpatient clinics. Hirslanden operates 17 hospitals, two day case clinics and three outpatient clinics in Switzerland with more than 1 900 inpatient beds; Mediclinic Southern Africa operations include 53 hospitals (three of which in Namibia), five sub-acute hospitals and 10 day case clinics (four of which are operated by Intercare) across South Africa, and more than 8 500 inpatient beds; and Mediclinic Middle East operates seven hospitals, two day case clinics and 19 outpatient clinics with more than 900 inpatient beds in the United Arab Emirates.
The Company’s primary listing is on the London Stock Exchange (“LSE”) in the United Kingdom, with secondary listings on the JSE Ltd in South Africa and the Namibian Stock Exchange in Namibia.
Mediclinic also holds a 29.9% interest in Spire Healthcare Group plc, a leading private healthcare group based in the United Kingdom and listed on the LSE.