Celebrating 50 years of people caring for people 1964 - 2014 The Ramsay Way - 2014 | 01 3 2014 151 • 151 hospitals • Over 30,000 staff • 14,500 beds • 1.4 million patients per annum 69 11 Clinique de L’Union 2011 In May 2011, Ramsay Health Care purchased a further hospital in France – Clinique Convert – in the Rhône Alpes region. 115 Clinique Convert 2010 In 2010, Ramsay Health Care purchased a 57% interest in Group Proclif SAS (Proclif), a leading private hospital operator based in France. Now known as Ramsay Santé, this business is one of the leading operators of private hospitals in the greater Paris region managing nine acute hospitals in the fields of medicine, surgery and obstetrics with approximately 1000 beds and day places. 1997 By 1997, Ramsay Health Care employed 2000 staff in 11 hospitals and admitted 70,000 patients each year. In September of this year, Ramsay floated on the Australian Stock Exchange becoming a public company. In its prospectus, the Company invited Australians to “participate in one of Australia’s largest and most successful private health care groups”. In the ensuing year, Ramsay exceeded prospectus forecasts for revenue and profit. John Flynn Private Hospital Peninsula Private Hospital 2007 Yorks Clinic In 2007, Ramsay Health Care realised its offshore expansion plans acquiring Capio UK, the fourth largest operator of private hospitals in the United Kingdom. The Company now operates 36 healthcare facilities in the United Kingdom and has established a strong reputation in this region. Paul visits UK facilities Clinique de la Maye Park City Medical - Malaysia 2013 In June 2013, Ramsay Santé purchased Clinique de l’Union in Toulouse. This 500+ bed hospital is regularly rated in the top three hospitals in France. At this time the Company owned 10 hospitals in France. In July 2013, Ramsay Health Care entered a joint venture arrangement with Malaysian multinational conglomerate Sime Darby Berhad. The new joint venture combined Sime Darby’s portfolio of healthcare assets in Malaysia (three hospitals and a nursing and health sciences college) with Ramsay’s three Indonesian hospitals, under a new jointly owned company, Ramsay Sime Darby Health Care Sdn Bhd. The deal marked Ramsay’s first step into Asia since acquiring its Indonesian hospitals in 2005. The new joint venture is expected to provide a platform for further acquisition in the Asian health care sector. In November 2013, the Australian division of Ramsay Health Care opened the Sunshine Coast University Private Hospital – Ramsay Health Care’s first new built hospital since it opened North Shore Private Hospital in 1997. The 200 bed Sunshine Coast University Private Hospital treats private and public patients Sunshine Coast University under a five year agreement with Queensland Private Hospital Health. In December 2013, Ramsay Santé finalised the acquisition of Medipsy, a psychiatric hospital group, from Générale de Santé. Medispy was a leading operator of private psychiatric hospitals in France with 30 hospitals and more than 2600 beds. Following the finalisation of this deal, Ramsay Santé operates 40 hospitals in France and is the third largest independent operator of hospitals in that country. 2001 – 2006 This was a busy acquisition period. Ramsay Health Care acquired several large hospital groups as the private hospital sector in Australia sought to consolidate. In 2001, Ramsay Health Care successfully acquired Alpha Healthcare and its eight hospitals (Westmead, Berkeley Vale, Southern Highlands, Lawrence Hargrave, Figtree, Hunters Hill and Mt Wilga Private Hospitals and Wentworth Private Clinic – later to become known as Northside West Clinic). The Alpha Healthcare acquisition expanded Ramsay’s presence in New South Wales and also provided the Company with a strong rehabilitation portfolio. In 2004, Ramsay Health Care acquired Benchmark Healthcare (including Peninsula, Beleura, Mitcham, and Donvale Private Hospitals). This acquisition brought the total number of hospitals in the Ramsay Health Care group to 35. Finally, in April 2005, Ramsay embarked on its largest acquisition yet, purchasing Affinity Healthcare (formerly Mayne Health) and began to integrate this hospitals business in August 2005 after selling off 14 ex-Affinity hospitals to Healthscope. This transaction brought the portfolio of hospitals owned and operated by Ramsay Health Care to 69. The Affinity acquisition would be a “Company transforming acquisition” and made Ramsay by far and away the largest private hospital operator in Australia. Westmead Private Hospital 1998 North Shore Private The Company proved its ability to design, finance, construct and operate major projects through the successful development of North Shore Private Hospital which opened in July 1998. Collocated with Royal North Shore in Sydney, North Shore Private became the benchmark for five star hospital care in Australia. When completed, North Shore Private comprised 164 beds. Today the hospital has grown into a 272 bed facility and has stood the test of time as one of Sydney’s premier private hospitals.
The Ramsay Way - Autumn 2014
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