Life Healthcare's profit dips
Life Healthcare's profit dips

Life Healthcare's profit dips

Lungelo Mpangase

7 min
News
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Life Healthcare has posted a near 13% rise in interim revenue, but this did not filter through to its bottom line, as net profit slipped 8.2%.. During its reporting period, the private hospital operator had to contend with an impairment to goodwill within the UK-based Alliance Medical Group; an interest charge after settling a tax dispute with Sars and an IT hardware failure. Business Day TV spoke to the CEO of Life Healthcare, Peter Wharton-Hood for more insight.

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