Netcare Invests In Expanding Mental Health Facilities

6 Hour(s) Ago    👁 45
netcare invests in expanding mental health facilities

Private hospital group Netcare will build a new mental health care facility in Pretoria as the demand for the service continues to grow.

In response to the increasing need for mental health support in the broader Tshwane region, the group will be commissioning the new Netcare Akeso Montana facility 88 beds in October 2026. Furthermore, the Netcare Akeso Alberlito facility 80 beds is scheduled to open its doors in March 2027, strengthening the groups national footprint and reinforcing its dedication to meeting the mental healthcare needs of communities across South Africa, it said.

It is also building a new Akeso hospital in Polokwane, which will have 87 beds.

Netcare said demand for quality mental healthcare services continues to grow and the group remains committed to expanding access and pursuing new opportunities in this vital space.

On Monday, the company reported adjusted headline earnings per share increased by 20 to 58.8c for the six months to March and a 5.3 increase in total revenue to R12.6bn. The company declared an interim dividend of 36c per share. Total capital expenditure, including strategic projects, was R434m. Total capital expenditure for the 2025 full financial year is estimated at R1.5bn.