National Health Amendment Bill Introduced in Parliament
Essay by animer333 • May 31, 2015 • Course Note • 342 Words (2 Pages) • 1,121 Views
- National Health Amendment Bill introduced in Parliament
- Dr. Richard Friedland wondered how pressures at home would affect company as it strived to become global player in healthcare industry
- Proposed legislation -> pave way for regulated prices and collective bargaining between medical schemes and health service providers
Netcare Overview
- Six hospitals
- In 2001, acquired Medicross a managed health care provider network of 75 medical and dental centers across south africa
- In 2006, acquired Prime Care Holdings, provider of primary care services for emerging market with further 25 centers and 130,000 managed care customers
- 2007, with 18877 employees, Netcare demonstrating strong growth
○ Key services:
§ Private hospital and trauma services
§ Private emergency services
§ Primary care services through Medicross and Prime Cure
The South African Health Care Industry
- Two countries living side by side
○ Largely black poor population with limited access to health care and low standard of living
§ Rely on the public health care system (management of HIV/AIDs)
○ Wealthy predominantly white population utilizing world class private health care systems
§ Resembles developed country and patients are typically older and require tertiary level care
- Compared to other countries, private health care system in south Africa ranked near top in terms of access and quality while public sector ranked at the bottom
- Did not employ physicians but rather competed on basis of attracting doctors to practice in their hospitals
○ Attract the busiest doctors to practice in hospitals, organizations competed to have the latest and best medical technology
- Most of private patients covered by medical insurance which increase tariffs above inflation rates
- Growth of traditional private sector medical schemes slow
- Government option --> broaden social health insurance to general population
○ Broad based medical scheme for 1.1 million public servants company
○ Make health
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