More people seeking mental health services: Netcare results

File: Netcare.

File: Netcare. Netcare

JOHANNESBURG - More and more people are seeking mental health assistance according to Netcare's latest half-year results.

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The private healthcare provider reported a steady improvement in its financial performance over the six month period ending on the 31st of March this year.

Occupancy levels at Netcare's mental health facilities increased to 64.2-percent for the period in spite of the disruption to the operating environment caused by the fourth COVID-19 wave, driven by the Omicron variant.

The company's profits improved thanks to higher hospital occupancy levels in recent months and lower spending on COVID-19 personal protective equipment.

Headline earnings per share were up 29-percent in the reporting period.

Source
eNCA

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