patient satisfaction rating of good, very good or excellent (Patient satisfaction survey carried out by Howard Warwick & Associates, Jan - Sept 2009)
Our corporate investors
General Healthcare Group (GHG)’s majority shareholder is Network Healthcare Holdings Limited (Netcare), an investment holding company listed on the JSE, South Africa, under the share code NTC. Through its subsidiaries, Netcare operates the largest private hospital network in South Africa.
At 31 March 2007, Netcare managed 122 private hospitals and clinics, equipped with more than 12,100 beds. For the year ended 30 September 2006, Netcare had consolidated revenue of £799 million, operating profit of £108 million, total assets of £3,476 billion and a market capitalisation of £1,518 million.
Netcare was founded in 1994 and listed on the JSE Limited in December 1996 with six hospitals. Since then it has acquired several other small and independent hospital groups in South Africa, notably Clinic Holding Limited and Excel Medical Holdings Limited. In 2001 Netcare acquired Medicross, a managed health provider network of 70 medical and dental centres. In January 2006 Medicross acquired Primecure Holdings, a provider of primary care services for the emerging market with a further 30 centres and 155,000 managed care lives.
In 2002 Netcare entered the UK market, providing specialised health care services on contract to the NHS. In May 2006 Netcare acquired a controlling 52.6% interest in GHG.
