Streaming issues? Report here
CapeTalk logo 2017 1500 x 1500 CapeTalk logo 2017 1500 x 1500
Best of CapeTalk
00:00 - 03:00
volume_up
volume_mute

Up Next: Weekend Early
See full line-up
Best of CapeTalk
00:00 - 03:00
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.

Image: 123rf.cpm

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

Elderly woman Christmas hat surgical mask covid-19 123rf

Western Cape Covid-19 infections surge. George/Knysna exceeds 1st wave peak

26 November 2020 9:10 AM

A second wave of Covid-19 infections is now well established in parts of SA, says Piet Streicher (Pandemic Data and Analytics).

Share this:
Read More arrow_forward

Friends wearing face mask covid-19 elbow greeting 123rf

South Africa is too poor for a second Covid-19 wave. Keep going; wear a mask!

25 November 2020 9:14 AM

"We’re tired but we don’t want to end up like Europe or the USA," says Dr Miriam Altman. "We just can’t afford that."

Share this:
Read More arrow_forward

Critical-care-ICU-hospital-patient-doctor-ventilator-Covid19-health-worker-123rf

[WATCH] 'They die, gasping for air, saying Covid-19 isn’t real'

19 November 2020 10:21 AM

A traumatised nurse explains how some hospitalised Covid-19 patients cling – to the death – to the belief it’s all a hoax.

Share this:
Read More arrow_forward

Friends wearing face mask covid-19 elbow greeting 123rf

Covid-19 resurgence driven by poorly ventilated indoor gatherings - Prof Madhi

12 November 2020 9:26 AM

It’s summer; we’re lucky. Avoid indoor gatherings, or keep them small and well-ventilated, suggests Prof Shabir Madhi.

Share this:
Read More arrow_forward

Statue of Liberty wearing a surgical mask US USA American flag covid-19 123rf

US records 200K new Covid-19 cases in a day. Hospitalisations at all-time high

11 November 2020 3:29 PM

More people are being infected and hospitalised right now in the US than at any time since the pandemic began.

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

Empty stadium seats 123rf

Empty stadiums affect referee behaviour - study

6 November 2020 3:49 PM

"Home teams are now less likely to win free-kicks and yellow cards," says sports scientist Dr Ross Tucker.

Share this:
Read More arrow_forward

Rain drops glass window 123rf

Gloomy England goes into hard lockdown

5 November 2020 9:05 AM

"I’m speaking to you from my solitary confinement prison cell, six hours into our lockdown," says UK correspondent Adam Gilchrist.

Share this:
Read More arrow_forward

Toilet paper panic buying 123rf

We’ve got you back(side), toilet roll maker assures panic-buying Brits of supply

3 November 2020 10:11 AM

The Brits are panic-buying toilet paper. Again. This time, however, there are 100 million rolls of “white gold” on standby.

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

More from Information about Covid-19 coronavirus

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

Empty piggy bank broke 123rfbusiness 123rf

Famous Brands (owner of Steers/Wimpy/etc.) reports its 1st ever operating loss

26 October 2020 6:52 PM

The Money Show’s Bruce Whitfield interviews Famous Brands CEO Darren Hele.

Share this:
Read More arrow_forward

Lockdown levels South Africa Covid-19 coronavirus 123rf

'Another hard lockdown will cause even more state violence'

26 October 2020 6:27 PM

Futurist Graeme Codrington and economist Dick Forslund on how a 2nd hard lockdown and a 2nd Covid wave might affect our country.

Share this:
Read More arrow_forward

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

Money lessons Covid-19 taught – heed them for a brighter, wealthier future

25 September 2020 10:44 AM

Your financial future – even if you have to start over – could be brighter than it would’ve been without the pandemic.

Share this:
Read More arrow_forward

rands

Covid-19 resurgence in Europe smashes South African rand off its pedestal

21 September 2020 6:50 PM

The rand was just recently trading at a six-month high. Arabile Gumede interviews Bianca Botes (Peregrine Treasury Solutions).

Share this:
Read More arrow_forward

Cape Town International Airport-flight-passengers-travel-airline-tourism-123fjpg

Open South Africa’s borders, please! - once-prospering tourism industry

14 September 2020 7:00 PM

Bruce Whitfield interviews tourism consultant Gillian Saunders, a previous advisor to former Tourism Minister Derek Hanekom.

Share this:
Read More arrow_forward

covid-19 coronavirus economy 123rfbusiness 123rflifestyle 123rf recession

Does Govt have a plan to fix our lockdown-smashed, drowning-in-debt country?

14 September 2020 6:25 PM

The Money Show’s Bruce Whitfield interviews Duma Gqubule, founder at the Centre for Economic Development and Transformation.

Share this:
Read More arrow_forward

high school highschool student scholer learner 123rf female girl mask facemask

ADvTECH lost R88 million as students withdrew due to Covid-19

31 August 2020 7:42 PM

The Money Show’s Bruce Whitfield interviews Roy Douglas, CEO at ADvTECH.

Share this:
Read More arrow_forward