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Life Healthcare Acquires TheraMed Nuclear to Set Operation in SA

Saturday, March 18, 2023

Life Healthcare Group continues its South African diversification strategy with the acquisition of TheraMed Nuclear’s non-clinical imaging operations in Gauteng.

Addition of imaging and diagnostics within business operations aligns well with the core operating model and strategic objectives thereby expands access to quality care for all South Africans, especially critical care of oncology patients.

The acquisition further entrenches commitment to investing in medical imaging in South Africa, and to extend capabilities to nuclear and molecular imaging. This opportunity provides great opportunity to promote access to early diagnosis and appropriate care – which will save lives.

This first nuclear-medicine acquisition for Life Healthcare serves to complement the expansion of Oncology services and furthers the growth of non-acute business, following acquisitions of the non-clinical operations of East Coast Radiology and Eugene Marais Radiology.