Netcare Limited

Netcare Limited (Netcare) is an investment holding company that owns and manages and through its subsidiaries operates the largest private hospital networks in South Africa and the United Kingdom. Netcare was founded in 1994 and listed on the JSE Limited, South Africa, on 4 December 1996 with six hospitals. Since 1996 several other small and independent hospital groups in South Africa were acquired, notably Clinic Holdings Limited and Excel Medical Holdings Limited. During fiscal 2001 Netcare acquired Medicross, a managed health provider network of medical and dental centres across South Africa with pharmacies. In January 2006 Medicross acquired Prime Cure Holdings, a provider of primary care services for the emerging market, now with clinics. Medicross and Prime Cure form Netcare’s Primary Care division with a total network of 3 300 registered doctors at the time and 177 400 managed care lives.