Advanced Health Care Advanced Health Care [JSE:AVL] Advanced Health Care (AVL) strives to be the industry leader in day hospitalisation in South Africa and Australia. Currently AVL has nine day hospitals in South Africa and four in Australia. This growth in the number of facilities is in line with their target of [...]
Carel Snyman has been appointed as Chief Financial Officer of Advanced Health Limited. He graduated from the University of Pretoria in 1998 with a BCom (Hons) Acc degree and CTA. He completed his articles at Ernst and Young and registered with SAICA as a Chartered Accountant in 2001. He joined Advanced Health as Group Financial [...]
Advanced Health achieves growth objectives Advanced Health reported significant increases in revenue and patient numbers for the year ended 30 June 2016, according to the results announcement published on the JSE news service on 30 August 2016. The company successfully achieved its expansion targets of owning seven new day hospitals in [...]
Advanced Health talks to medical schemes to cut cost of day surgeries By Tamar Kahn June 21 2016, 06:08 ADVANCED Health is negotiating with medical schemes to ensure patients do not face hefty co-payments when they use its facilities, a strategy it hopes will boost occupancy rates and drive growth. The [...]
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Nedbank Private Wealth Investment Research rates Advanced Health a share to hold. An Investment Team member outlines the opportunities, challenges and risks the company faces. Click here for the full report.
The Day Hospital Association testified at the Competition Commission inquiry into private-hospital costs on 8 March 2016. Represented by Advanced CEO Carl Grillenberger and Cure managing director Bert von Wiellligh, the association highlighted the effect of market dominance and licensing procedures on private hospital inflation, which impact negatively on the private hospital industry. Day hospitals [...]
Feb 25 Advanced Health Limited : * Revenue 103.6 million rand for 6 months ended Dec.31 * Group turnover for six mths to Dec.31 increased by 12% to 103.6 million rand * Profit before taxation 3.45 million rand for six months ended dec. 31 * No dividend is proposed or recommended. * Headline earnings per [...]
Advanced Health reported solid infrastructure growth in the six months ended 31 December 2015. In Australia, the flagship six-theatre Chatswood Private Hospital in Sydney opened a few days after the end of the reporting period and in South Africa the number of operational day hospitals increased from two to three. Subsequent to year-end, two more [...]
Advanced Health grows in line with projections Advanced Health is on track to achieve its operational objectives of managing twenty day hospitals in South Africa and six in Australia by 2020, according to a news release announcing the company’s results announcement for the financial year ended 30 June 2015. Key financial indicators [...]