Netcare

{{Infobox company

| name = Netcare

| logo = Netcare_Group_Limited_Logo.jpg

| type = Public

| traded_as = {{Jse|NTC}}

| ISIN = {{ISIN|sl=n|pl=y|ZAE000011953}}

| foundation = {{start date and age|1996}}

| location_city = Sandton

| location_country = South Africa

| key_people = Alex Maditse (Chairman)
Richard Friedland (CEO)

| industry = Healthcare

| services = Hospital- and clinic-related services
Primary healthcare
Emergency medical services
Medical insurance
Gap cover

| area_served = South Africa{{cite web|url= https://www.netcare.co.za/netcare-hospitals/about-us#a-nationwide-network-that-cares |title= About Netcare Hospitals |author= |publisher= Netcare |date= |access-date= 26 April 2025 }}

| num_employees = ~ 20,000{{citation needed|date=April 2025}}

| revenue = R21 billion (2021){{citation needed|date=April 2025}}

| operating_income = R3.79 billion (2021){{citation needed|date=April 2025}}

| parent =

| subsid = Netcare Hospitals
Netcare Cancer Care
Netcare 911
Netcare Medicross
Netcare Akeso
Netcare Renal Care{{cite web|url= https://www.netcare.co.za/ |title= Netcare |author= |publisher= Netcare |date= |access-date= 26 April 2025 }}

| homepage = https://www.netcare.co.za

}}

Netcare (officially Netcare Group Limited) is a South African private healthcare company.{{cite web|url= https://www.netcare.co.za/Who-We-Are/our-netcare-story |title= Our Netcare story |author= |publisher= Netcare |date= |access-date= 26 April 2025 }}

The group provides a range of medical services across the healthcare spectrum, and operates South Africa’s largest network of private hospitals.

The company also provides emergency medical services (including through its 082 911 emergency line and Netcare app),{{cite web|url= https://www.netcare.co.za/netcare-911 |title= Netcare 911 |author= |publisher= Netcare |date= |access-date= 26 April 2025 }} primary healthcare, renal dialysis, maternity care, prepaid health cover,{{cite web|url= https://www.netcare.co.za/NetcarePlus |title= NetcarePlus |author= |publisher= Netcare |date= |access-date= 26 April 2025 }} gap cover (medical cost shortfall insurance),{{cite web|url= https://www.netcare.co.za/NetcarePlus/Gap-Cover |title= NetcarePlus Gap Cover |author= |publisher= Netcare |date= |access-date= 26 April 2025 }} and mental health services.

History

Netcare was established in 1996, and was listed on the JSE Limited (Johannesburg Stock Exchange) the same year.Netcare, [https://archive.today/20120908074037/http://www.netcare.co.za/content/5335/home/ Group History] The company expanded into the United Kingdom in 2001.

In 2002 it won The Ophthalmic Chain contract

in 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.{{cite news|title=Patients get 'private' eye ops|url=http://news.bbc.co.uk/1/hi/england/cumbria/3782343.stm|accessdate=17 October 2014|publisher=BBC News|date=7 June 2004}}

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 - Amicus Health - which tendered for contracts for the UK's National Health Service (NHS). It had contracts with Stracathro Hospital for 8000 episodes of elective surgery in orthopaedics, urology, general surgery and gastroenterology from 2006–9.

Netcare used Vanguard Healthcare mobile units to treat NHS cataract patients across the UK.{{cite web|title=Providing solutions which enable patients to receive care closer to their homes|url=http://www.vanguardhealthcare.co.uk/cs5.php|publisher=Vanguard Healthcare|accessdate=16 October 2014}} The mobile cataract units in Cumbria had failure rates 6 times that of local NHS facilities.{{cite web|title=Netcare Briefing|url=http://www.keepournhspublic.com/pdf/Netcarebriefing.pdf|publisher=Keep Our NHS Public|accessdate=17 October 2014|year=2006|archive-url=https://web.archive.org/web/20140825154149/http://www.keepournhspublic.com/pdf/Netcarebriefing.pdf|archive-date=25 August 2014|url-status=dead}}

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.{{Cite web|url=https://techcrunch.com/2019/06/27/founders-factory-africa-and-netcare-to-fund-35-health-tech-startups/|title=Founders Factory Africa and Netcare to fund 35 health-tech startups|last=Bright|first=Jake|date=2019-06-27|website=TechCrunch|language=en-US|access-date=2019-12-10}}

Operations

Netcare provides private healthcare services at 49 Netcare hospitals, 55 Netcare medicross clinics, 5 prime cure medical centers, and 15 Netcare akeso psychiatric facilities.{{cite web|url= https://www.netcare.co.za/search?path=hospitals_facilities |title= Netcare Smart Search |author= |publisher= Netcare |date= |access-date= 26 April 2025 }}

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.{{citation needed|date=April 2025}}

References

Category:Companies established in 1996

Category:Health care companies of South Africa

Category:Health care companies of the United Kingdom

Category:Health care companies established in 1996

Category:Companies based in Sandton

Category:Private providers of NHS services

Category:Companies listed on the Johannesburg Stock Exchange