Advanced Health might be on the mend
Advanced Health, which has had a torrid time on the JSE since listing in 2014, might finally be on the mend - partly thanks to COVID-19 protocols, wrote Marc Hasenfus in Financial Mail (1 April 2021).
According to the latest trading update the firm’s turnover for January and February for both the SA and the Australian operations is 19% higher compared with the same months in 2020. Advanced Health CEO Gerhard van Emmenis said that in the wake of the uncertainty surrounding COVID 19 - with the lack of sufficient vaccines and winter looming - it is apparent that day hospitals have become safe havens for specialists to operate in.
For 2021, Advanced Health has secured favourable designated service provider contracts with a number of medical schemes - including the low-cost options of Bonitas, Medihelp and BestMed