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Tribunal seeks to block Mediclinic’s acquisition of North West hospitals

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The Competition Tribunal is appealing against a ruling allowing the private hospital group’s acquisition of hospitals to proceed

An ambulance enters the Mediclinic Heart Hospital. Picture: SOWETAN/SUNDAY WORLD/TSHEKO KABISIA

at the time should the acquisition proceed there would be substantial lessening of competition in the area and prices that were likely to rise. The acquisition includes two multidisciplinary hospitals, namely the 185-bed Wilmed Park Hospital and the 62-bed Sunningdale Hospital. In addition, the acquisition includes a 51% share in the 50-bed Parkmed Neuro Clinic psychiatric hospital. This is currently on hold pending the legal process, and Mediclinic has declined to go into details regarding how much it would pay for MMHS.

 

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Please don't. There nothing here. Bring the nice hospitals please.

Maybe RH Bophelo can solve this competition problem if they're not the ones selling.

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