Life Healthcare has shown recovery since Covid-19
According to Life Healthcare paid patient days in SA have recovered to about 90% of the level of 2019, after the pandemic shaved off operational profits in its year to end September. Covid-19 cost the group R2.3- bn in lost revenue in its Southern African operations to end-September, and R437-m at its international operations. (Business Day 20 November 2020). The group’s foreign operations were less affected than SA during its 2020 year, as they focus more on diagnostic services, such as scans, rather than urgent medical treatment. Life Healthcare has opted not to pay a final dividend, and has also held on to its interim dividend, the first time it has done so since listing on the JSE in 2010.