About the company: Mediclinic International Ltd [JSE:MDC]
Mediclinic International's origins stem back to a feasibility study into private hospitals. This led to the formation of the company in 1983 and its subsequent expansion. Mediclinic International is one of the top 40 companies on the Johannesburg Stock Exchange…
Full name: Mediclinic International
Health care – health care equipment & services
Five top facts about Mediclinic International
Mediclinic International employs over 26,000 people working across its hospital and clinics in South Africa, Namibia, Switzerland and United Arab Emirates.
Mediclinic International has a listing on the Johannesburg under ticker MDC. The company listed in 1986. Mediclinic International’s headquarters are in Stellenbosch.
Mediclinic International operates across three main divisions:
Mediclinic, South Africa and Namibia: It has 49 private hospitals in South Africa and three in Namibia, employing about 15,800 people. It has more than 7,600 beds.
Hirslanden, Switzerland: It has 16 private acute care facilities, employing about 7,900 people. It has more than 1,600 beds.
Mediclinic, Middle East: It has ten clinics and two hospitals, employing more than 2,200 people. It has 382 beds.
Mediclinic International has an interesting history. The chairman of Mediclinic International, Dr Edwin Hertzog, was commissioned by the Rembrandt Group (now Remgro [JSE:REM]
) to conduct a feasibility study on private hospitals. From this Mediclinic International was borne.
The largest shareholder of Mediclinic International is Remgro. It holds a 43.4% stake.
Chart of Mediclinic International’s share price
For more financial information about Mediclinic International, click here
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