Our purpose
Our material matters
Deliver outstanding person centred health and care
Attract, retain and invest in employees and healthcare practitioners
Collaborate with the public sector and civil society to extend access to quality health and care and accelerate transformation
Recover and grow long-term profitability
Effective leadership and good business conduct
Our strategic direction
Embedding personalised engagement and retention of care over a person's lifetime
Netcare's strategy responds decisively to the three global healthcare megatrends...
...and leverages off our unique ecosystem of assets and services...
...to create a sustainable competitive advantage for the Group.
Person centred health and care that is digitally enabled and data driven
Our strategic pillars
Consistency of care
Delivering consistently excellent
clinical services and experiences,
ensuring the best and safest
person centred care.
Disruptive innovation
Implementing medical
technologies, digitisation and
data solutions for the benefit
of our patients and business.
Transformation of our
society
Continuing to invest in and
develop our workforce and
communities.
Organic growth
Driving strategic engagements
with doctors and funders,
investing to maintain the quality
of our facilities and developing
new products and services to
promote sustainability, inclusivity
and access.
Integration
Creating strategic and synergistic
partnerships between all
divisions and functions.
Investment
Creating economic value and
optimising capacity utilisation.
Environmental sustainability
Ensuring minimal environmental
impact by managing our
resources responsibly, efficiently
and to the benefit of the
environment.
Our leadership
Board chair's review
Mark Bower
It has been gratifying to take the helm of Netcare's skilled and dedicated Board in a year where our strategy of person centred health and care that is digitally enabled and data driven, began to yield the benefits we envisaged.
Board chair's review
PDF - 525KB
Chief executive officer's review
Dr Richard Friedland
The future of sustainable, effective healthcare is rapidly emerging. In a digital world fast becoming data centric, powered by AI and large language modules, real-time engagement with people on their health and wellness and what really matters to them is becoming a reality. Encouraging people to become co-responsible, equal and active partners in their health over their lifetimes, thus improving their outcomes, quality of life and health span is no longer a pipe dream.
CEO's review
PDF - 453KB
Chief financial officer's review
Keith Gibson
"The business continued to deliver steady growth, as the operating environment largely normalised from the impacts of COVID-19, along with resilient demand for private healthcare services. Higher occupancy levels and tight control of costs in a high inflationary environment delivered excellent operating leverage."
CFO's review
PDF - 182KB
Remuneration overview
Our remuneration philosophy is to ensure that our employees are fairly, reasonably, responsibly and competitively rewarded for their contribution to the Group’s strategic, operating and financial performance. This philosophy guides our remuneration policy and supports our ability to attract and retain talent at every level of the organisation while complying with the applicable laws and codes of good practice.