INTEGRATED REPORT 2019


Glossary of terms

ACI African, Coloured and Indian
AI Artificial intelligence
Alliance Medical Alliance Medical Group Limited
AMS Antimicrobial stewardship
ASL Azienda Sanitaria Locale
B-BBEE Broad-Based Black Economic Empowerment
BI Business intelligence
BPMHSW Botswana Private Medical and Health Services Workers Union
BS OHSAS British Standard Occupational Health and Safety Assessment Series
BSI British Standards Institution
BWP Botswana pula
CAUTI Catheter associated urinary tract infections
CDC Centre of Disease Control and Prevention
CDSS Clinical decision support system
CHKS Caspe Health Knowledge Systems
CLABSI Central line associated bloodstream infections
COID Compensation for Occupational Injuries and Diseases Act
Companies Act South African Companies Act, 71 of 2008, (as amended)
CPI Consumer price inflation
cps Cents per share
CQC Care Quality Commission
CSDP Central Securities Depository Participant
CSI Corporate social investment
CT Computerised tomography
DENOSA Democratic Nursing Organisation of South Africa
DHMS Discovery Health Medical Scheme
DI Diagnostic imaging
DOH National Department of Health
DPS Dividend per share
DSP Designated service provider
EBIT Earnings before interest and tax
EBITA Earnings before interest, tax and amortisation
EBITDA Earnings before interest, tax, depreciation and amortisation
EHS Life Employee Health Solutions
EMS Emergency Medical Services
EPS Earnings per share
ERP Enterprise resource planning
ESC European Scanning Centre
ESD Enterprise and supplier development
ESG Environmental, social and governance
EU European Union
EUR Euro
EVP Employee value proposition
EY Ernst & Young
FAM Functional Assessment Measure
FDA Food and Drug Administration
FIM TM Functional Independence MeasureTM
GBP Pound sterling
GDP Gross domestic product
GDPR General Data Protection Regulation
GEMS Government Employees Medical Scheme
HAI Healthcare associated infections
HASA Hospital Association of South Africa
HCAHPS Hospital Consumer Assessment of Healthcare Providers and Systems
HCRW Healthcare risk waste
HEPS Headline earnings per share
HMI Healthcare Market Inquiry
HOSPERSA Health and Other Service Personnel Trade Union of South Africa
HPCSA Health Professions Council of South Africa
HR Human resources
ICNet Life Healthcare's electronic surveillance system
ICU Intensive care unit
IFRS International Financial Reporting Standards
IIRC International Integrated Reporting Council
IMF International Monetary Fund
IoDSA Institute of Directors in Southern Africa
IOSH Institution of Occupational Safety and Health
IRBA Code Independent Regulatory Board for Auditors Code of Professional Conduct for Registered Auditors
IRMER Ionising radiation medical exposure regulations
ISAE International Standard on Assurance Engagements
ISMS Information security management system
ISO International Organisation for Standardisation
IT Information technology
JSE Johannesburg Stock Exchange Limited
JSE Listings Requirements JSE Limited Listings Requirements
King IV King IV Report on Corporate Governance for South Africa 2016
kl Kilolitre
KPI Key performance indicator
kWh Kilowatt hour
LGH Lifecare Group Holdings
LHC Life Healthcare Group Proprietary Limited
LOS Length of stay
LTI Long-term incentive
LTIP Long-term incentive plan
Max or Max Healthcare Max Healthcare Institute Limited
MEEM Multi-period earnings excess method
MI Molecular imaging
MOI Memorandum of Incorporation
MRI Magnetic resonance imaging
MSA Medical Schemes Act
NEHAWU National Education, Health and Allied Workers' Union
NEPSAW National Union of Public Service and Allied Workers
NFZ Narodowy Fundusz Zdrowia
NHI National Health Insurance
NHS UK National Health Service
OHSA Occupational Health and Safety Act, 85 of 1993
PET-CT Positron emission tomography-computerised tomography
PGM Polska Grupa Medyczne
PHEF Public Health Enhancement Fund
PIC Government Employees Pension Fund
PLN Polish zloty
PoPI Protection of Personal Information Act
PPD Paid patient day
PPP Public-private partnership
PROMs Patient-reported outcome measures
PV Photovoltaic (solar)
PwC PricewaterhouseCoopers Inc.
PXM Patient experience management
QMS Quality Management System
QSSS Quality Systems Support Specialist
RIDDOR Reporting of injuries, diseases and dangerous occurrences regulations
ROCE Return on capital employed
RONA Return on net assets
SANC South African Nursing Council
Scanmed Scanmed S.A.
SDLC Systems Development Lifecycle
SENS Stock Exchange News Service
SREs Serious reportable events
SSI Surgical site infections
STI Short-term incentive
TCO Total cost of ownership
TCTC Total cost to company
TSR Total shareholder return
UK United Kingdom
VAP Ventilator associated pneumonia
VCP Variable compensation plan
VWAP Volume weighted average traded price
WACC Weighted average cost of capital
WHO World Health Organization