Press Releases
GHIS Increases Investment with Alegro Health Corp. Agreement to acquire the business of Active Health...
(May 05, 2009)

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The People

Dr Jack Shevel - Founder / Former CEO of the Netcare Group, Ingrid Davis - Operations & Pharma Executive and Darren Youngleson - Corporate Finance & Investor Relations Executive worked together to develop Netcare in South Africa (www.netcare.co.za) and are the Principals of GHIS

GHIS includes an Advisory Board with experienced international healthcare experts

Dr Jack Shevel
President
MBBch

20+years of investment, strategy, operations and investment experience in Southern Africa & Europe. Prior to being the Founder and former CEO of Netcare (today one of the largest healthcare enterprises outside of the United States) Dr Jack Shevel practiced as a medical doctor for nine years before becoming involved in hospital management in 1989. Jack is known in the industry as the “hospital doctor” having restored several hospitals in distress back to profitability. He is known for his clear vision and astute appreciation of healthcare economics, being internationally recognized for his leadership and innovative entrepreneurial expertise.

Through Netcare, Jack led the South African Hospital Industry shift of consolidation and rationalization prompting competitors to follow with a resurgence of the healthcare industry. Key to his business philosophy is a steadfast loyalty to his medical colleagues through always considering their professional and commercial interests in all his endeavors. In addition, he participated on several Government Task Teams on public sector healthcare and is currently on a World Bank and Bill & Melinda Gates Foundation Committee investigating health care in Africa. Notably, Jack is recognized for a unique integrated healthcare delivery model which, through the performance of Netcare, bears testament to his ability and vision.

Detailed Biography

Darren Youngleson
Chief Financial Officer
B Comm B Acc CA MBA (cum laude) (EBS)

10+ years of healthcare strategy, corporate finance, mergers and acquisitions, corporate development & investor relations.

Darren joined Netcare in February 1997 after being a senior manager at the auditing & accounting firm of PKF Worldwide. In that capacity Darren had extensive auditing, accounting, corporate & finance experience with private and public entities in, among others, the healthcare, telecommunications, retail, information technology, and food and electronics sectors. He joined Netcare after being intimately involved in the listing thereof in December 1996 and was an integral participant in all the major investments and strategic acquisitions concluded by the group including being responsible for strategic planning, financial structuring and mergers and acquisitions. Over the approximately 10 year period he was the Netcare executive primarily responsible for the overall management of M&A transactions amounting to approximately R40 billion (including the acquisition of a controlling interest in the UK-based General Healthcare Group in 2006 for £2.6 billion).

In addition to these functions, he also managed the Group investor relations function and participated on various boards and committees, including inter alia, the Netcare Board, Finance & Investment Committee, Risk Committee, Transformation Committee, Audit Committee, Netcare Management & Netcare UK.

Detailed Biography

Ingrid Davis
Chief Operating Officer
Dip Pharm

Qualified pharmacist with 20+years healthcare experience at senior management & executive director levels. Mrs Davis was a key board member, committee representative and executive as part of the success of the Netcare Group in South Africa and the United Kingdom responsible for >1 500 people with her focus areas being Pharmacy, Procurement, Clinical Governance, Case Management, Renal Dialysis, Catering and Marketing, providing services to >1m inpatients, >3m outpatients and dispensing >10m items annually.

Mrs Davis’ key areas of experience and success include: o Retail Pharmacy: Medical Facilities/National Chain Stores o Buy Power: Global Procurement and Purchasing o Physician Partnerships o Pharma: Branded Products/Private Label Products/Compounding o Catering / Dietetics o Commercialization of ancillary revenue streams: Coffee Shops/Travel Clinics/Maternity o HR and Corporate & Social Responsibility Initiatives: Training/Mentoring/Coaching/Social Responsibility Initiatives.

Mrs Davis has established connections within the broader corporate community and is respected for her innovation, operational capability and for being an effective strategist. Numerous acknowledgements and nominations as one of South Africa’s Most Influential Women and Business Woman of the Year.

Selected National or International awards and/or award nominations for Excellence

  • PMR – Gold Arrow Award – July 1999 – Best Private Hospital Group rated by 160 major healthcare providers
  • PMR – Silver Arrow Award – October 1999 – Fast Growth Company per JSE rated by 55 Leading Stock Brokers, investment analysts, banks and investment companies
  • PMR – Gold Arrow Award – October 1999 – Best Private Hospital in the industry – rated by 178 major healthcare providers country-wide
  • PMR – Voted one of South Africa’s top future companies
  • Master Series Award – 43rd. Annual Congress of International Society for Performance Improvement (Vancouver)
  • TWIG market survey awards for hospital excellence in specific categories
  • Best Company to work for Finance week (2003 to current)
  • One of the Best Companies to work for – Deloitte & Financial Mail – (2004 to current)
  • Corporate Research Foundation – Business Report – Best companies to work for in South Africa 2006
  • Director of Pharmacy Netcare – received Top Women in Business and Government - the greatest commitment to the achievement in equality for Women – 2005
  • Nominated for Business Achiever Awards – 1998 ⁄ 1999 ⁄ 2000
  • Impumelelo – Awarded top 300 Companies CSI award – 2002
  • Hospital Association of South Africa “HASA” – Awards of Excellence – June 1999 – The Sunninghill Hospital – Certificate of achievement (Establishment of the Albertina Sisulu Rape Crisis Centre)
  • HASA Awards of Excellence – June 1999 – Netcare 911 – First Hospital Based Emergency Medical Response
  • Hospital Association of South Africa “HASA” – 2001 – Establishing World Class Medical Technology or Services in South Africa
  • HASA Awards of Excellence – 2002 – Award of Excellence
  • HASA Awards of Excellence 2002/2003 – The Parklane – improved productivity, to keep quality healthcare affordable, Krugersdorp Hospital – world class medical technology
  • IMM – Institute for Marketing Management – Best in Healthcare and Pharmacy Sector and Second overall country wide – 1999
  • Financial Mail – Top Companies 2004 rated ninth in South Africa
  • Business Report – Brait and Gemini Consultants – Growth Awards 2002 – 3 year award – “In recognition of your company’s outstanding achievement of sustained growth over a period of three years and in acknowledgement of your contribution to growing the South African economy”
  • Sunday Times – Business Times – 2002 – Top 100 Companies award
  • Sunday Times – Business Times – 2003 – Top 100 Companies award
  • Corporate Research Foundation – Best Companies to work for in South Africa (2000 to Current)
  • Endorsement of NHS waiting list project by former President Nelson Mandela
  • Commendation in House of Commons for Cataract waiting list initiative
  • Business Times - Top 100 Companies 2004 voted number 5 in South Africa
  • Stock Exchange and Investment Fund Index inclusions
    >> South Africa’s Top 40 All Share Index
    >> South Africa’s Top 30 Financial Index
    >> South Africa’s Top 25 Industrial Index
    >> Morgan Stanley Emerging Market Index
    >> “SRI” – Socially Responsible Investment Index
  • Lodox Technology Award
  • The Southern African – Annual Report Awards – 2005 “Setting new benchmarks for financial reporting in Africa”
  • “Deal of the Year” Award – 2006 – Acquisition by Netcare of controlling interest in General Healthcare Group in the United Kingdom