Mediclinic’s elective surgery getting back to normal

 

Business Day (18 October) reported that Mediclinic’s share price surged more than 11% on 15 October, its best day in 15 months, after the hospital operator said all three of its divisions are now doing elective operations. The group operates in Switzerland, the Middle East and SA. The pandemic resulted in additional staff and equipment costs, while non-urgent medical procedures were put off.

  • Meanwhile, a proposed merger between Mediclinic SA and Matlosana Medical Health Services

(MMHS) in the North West, nearly six years in the making, has once again been blocked, this time by the Constitutional Court.

Initially the Competition Commission and its tribunal had concluded that putting together Mediclinic Potchefstroom, Wilmed Park and Sunningdale hospitals would likely lead to a substantial lessening of competition in the relevant market.

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