Streaming issues? Report here
magic-bus-on-capetalkpng magic-bus-on-capetalkpng
The Magic Bus on CapeTalk Classics
21:00 - 23:59
volume_up
volume_mute

The Magic Bus on CapeTalk Classics
21:00 - 23:59
Home
arrow_forward
Business
fiber_manual_record
Opinion
fiber_manual_record
Local

'Emigration is threatening private healthcare in South Africa'

30 October 2020 2:01 PM
Tags:
Insurance
Medical aid
Healthcare
rmb
emigration
private healthcare
private hospitals
COVID-19
covid-19 in south africa
elective surgery
emigration of healthcare workers
Jessica Spira

"The insured population is potentially emigrating," says Jessica Spira. But, the main concern is healthcare workers leaving.

Private healthcare is bleeding.

Faced with increased emigration and a shrinking insured population, the risks facing private healthcare providers in South Africa is increasing.

© andreypopov/123rf.com

For one, the first Covid-19 peak (there may yet be a second) was shorter than expected while many non-Covid patients stayed away for fear of contracting the virus while in hospital.

In addition, measures to control the pandemic all but wiped out less-contagious infectious diseases such as seasonal influenza.

The Money Show’s Bruce Whitfield interviewed Jessica Spira, Sector Head for Healthcare and Hospitality at RMB.

Sector reckons private hospital are, right now, running at 60% of their capacity.

Not all medical procedures can be put off indefinitely, so Spira expects some improvement in the next few months.

The future of the private healthcare sector is unclear… it’s well-run… but it needs volume, and it needs people to take out medical insurance…

Jessica Spira, Sector Head for Healthcare and Hospitality - RMB

To the extent that people leave the country, the private healthcare system comes under strain… the insured population is potentially emigrating… There’s a large concern of healthcare workers emigrating…

Jessica Spira, Sector Head for Healthcare and Hospitality - RMB

The volumes in the private sector continue to be lower than expected… people are still fearful of going to the hospital; they're still delaying elective surgeries. There are also fewer seasonal infections, because of social distancing, better hygiene…

Jessica Spira, Sector Head for Healthcare and Hospitality - RMB

I anticipate a slight shrinkage [in the number of private hospitals] … one could see this as a positive… more focus on value-based care… and remote care…

Jessica Spira, Sector Head for Healthcare and Hospitality - RMB

It’s encouraging to see how the collaboration between public and private healthcare has lifted the entire sector. It’s fantastic to see the sharing of knowledge and resources with a common goal… Maybe it’s an alternative to an NHI?

Jessica Spira, Sector Head for Healthcare and Hospitality - RMB

Listen to the interview in the audio below.


30 October 2020 2:01 PM
Tags:
Insurance
Medical aid
Healthcare
rmb
emigration
private healthcare
private hospitals
COVID-19
covid-19 in south africa
elective surgery
emigration of healthcare workers
Jessica Spira

More from Covid-19 coronavirus explained

Germany german flag covid-19 123rf pandemic 123rfworld

Germany Covid-19 death rate now higher than US - considers 'mega lockdown'

15 January 2021 11:33 AM

Germany has squandered its early success in restricting Covid-19, laments Deutsche Welle Correspondent Chelsey Dulaney.

Share this:
Read More arrow_forward

200629-taxijpg

Prioritise drivers for vaccination against Covid-19 - National Taxi Alliance

14 January 2021 1:19 PM

It's a fact - minibus taxis are essential for the functioning of the economy. Lester Kiewit interviews Alpheus Mlalazi (NTA).

Share this:
Read More arrow_forward

death-funeral-coffin-hearse

'Undertakers have carried caskets from the hearse to the graveside in full PPE'

13 January 2021 1:15 PM

The Funeral Federation Of SA's Dr Lawrence Konyana addresses the lack of uniformity around funeral procedures under lockdown.

Share this:
Read More arrow_forward

UK Britain flag British covid-19 test 123rf

'Every hospital mortuary is full. Bodies kept in refrigerated tent in the woods'

12 January 2021 8:52 AM

Britain is running out of space for its dead bodies, reports UK correspondent Adam Gilchrist.

Share this:
Read More arrow_forward

alcohol-ban-booze-lockdown

As SA remains on level 3 WC's health boss say booze ban is working

12 January 2021 8:35 AM

Dr Saadiq Kariem says there was a 65% drop in trauma unit admissions on New Year's Day 2021 compared to the same time last year.

Share this:
Read More arrow_forward

Ventilator hospital icu intensive care 123rf 123rflifestyle

South African invention revolutionises oxygen delivery to Covid-19 patients

11 January 2021 6:57 PM

"I have witnessed this device saving lives," says Dr Warren Gregorowski of the proudly South African device.

Share this:
Read More arrow_forward

zweliramajpg

'ANC is against another hard lockdown'

11 January 2021 6:33 PM

"Family meeting" – the scariest words in the English language. Bruce Whitfield interviews News24 Political Editor Qaanitah Hunter.

Share this:
Read More arrow_forward

ORTAMBO_0293

[WATCH] President Ramaphosa addresses an anxious SA (Monday, 11 Jan)

11 January 2021 3:11 PM

President Cyril Ramaphosa's Covid-19 address is done and dusted. Watch the entire recording, right here.

Share this:
Read More arrow_forward

Alcohol domestic violence gender based violence GBV 123rf

Alcohol ban was wildly effective at preventing trauma - data

8 January 2021 11:01 AM

The data is conclusive. Banning alcohol sales prevents trauma. Partially banning it partially prevents trauma (Dr Saadiq Kariem).

Share this:
Read More arrow_forward

India South Africa Indian South African flag flags 123rf

South Africa gets 1.5m AstraZeneca Covid-19 vaccine doses from India

7 January 2021 1:10 PM

Health Minister Zweli Mkhize made the announcement on Thursday.

Share this:
Read More arrow_forward

More from Information about Covid-19 coronavirus

Ventilator hospital icu intensive care 123rf 123rflifestyle

South African invention revolutionises oxygen delivery to Covid-19 patients

11 January 2021 6:57 PM

"I have witnessed this device saving lives," says Dr Warren Gregorowski of the proudly South African device.

Share this:
Read More arrow_forward

zweliramajpg

'ANC is against another hard lockdown'

11 January 2021 6:33 PM

"Family meeting" – the scariest words in the English language. Bruce Whitfield interviews News24 Political Editor Qaanitah Hunter.

Share this:
Read More arrow_forward

Happy child getting vaccine vaccinated Covid-19 flu influenza 123rf

Free Covid-19 vaccine for all medical aid members – Discovery CEO

6 January 2021 9:01 AM

"It’s mandatory for medical schemes to pay for for the Covid-19 vaccine," says Dr Ryan Noach, CEO at Discovery Health.

Share this:
Read More arrow_forward

covid-19 coronavirus South Africa lockdown 123rf

[WATCH] President Ramaphosa on measures to battle 2nd Covid-19 wave

14 December 2020 7:44 PM

The President is addressing the nation on measures it's taking to combat the 2nd wave of Covid-19, now washing over South Africa.

Share this:
Read More arrow_forward

Dice pexels

Odds of catching Covid-19 vs crashing your car (and other calamities)

14 December 2020 6:50 PM

Dr Johan Ferreira (Senior Lecturer in Statistics at UP) on the chance of contracting Covid-19 compared to other dangers.

Share this:
Read More arrow_forward

Closing down sale bankrupt bankruptcy recession 123rf 123rfbusiness

Lockdown destroyed 42.7% of small business in South Africa – study

7 December 2020 8:14 PM

It’s heart-breaking; the results of a study by Finfind and the Department of Small Business Development.

Share this:
Read More arrow_forward

Happy child getting vaccine vaccinated Covid-19 flu influenza 123rf

Vaccine optimism is priced in – asset manager

7 December 2020 7:48 PM

Investors are getting ahead of themselves, warns Pieter Hundersmarck, a fund manager at Flagship Asset Management.

Share this:
Read More arrow_forward

Influenza flu jab vaccine 123rf 123rflifestyle

Pfizer’s Covid-19 vaccine is extremely effective (90%)

9 November 2020 6:24 PM

Pfizer is on the verge of cracking a Covid-19 vaccine, says Dr Glenda Gray, CEO at Medical Research Council.

Share this:
Read More arrow_forward

Happy child getting vaccine vaccinated Covid-19 flu influenza 123rf

Aspen Pharmacare shares up 11% on Covid-19 vaccine deal with Johnson & Johnson

2 November 2020 6:31 PM

Investors on the JSE are clamouring for Aspen shares. The Money Show’s Bruce Whitfield interviews its CEO, Stephen Saad.

Share this:
Read More arrow_forward

Woman saving money piggy bank mask 123rf 123rfbusiness 123rflifestyle

Middleclass incomes have recovered almost fully since hard lockdown – FNB data

26 October 2020 7:13 PM

The lowest and highest-paid workers in SA haven’t yet recovered from the lockdown, according to FNB's Dr Christoph Nieuwoudt.

Share this:
Read More arrow_forward