Glossary of terms

ACI African, Coloured and Indian
Alliance Medical Alliance Medical Group Limited
AMS Antimicrobial stewardship
ARM Alternative reimbursement model
ASL Azienda Sanitaria Locale
BPMHSW Botswana Private Medical and Health Services Workers Union
BWP Botswana pula
CAUTI Catheter associated urinary tract infections
CDC Centre of Disease Control
CGU Cash-generating unit
CLABSI Central line associated bloodstream infections
CMSA Colleges of Medicine South Africa
CODM Chief operating decision maker
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
CRPM Centre for Rapid Prototyping and Manufacturing
CSI Corporate social investment
CT Computerised tomography
CUT Central University of Technology
DPS Distribution per share
EBIT Earnings before interest and tax
EBITDA Earnings before interest, tax, depreciation and amortisation
ECL Expected credit losses
ED Enterprise development
EHS Life Employee Health Solutions
e-ICU Electronic intensive care unit
EMS Environmental management system
EOH WHW EOH Workplace Health and Wellness division
EPS Earnings per share
ERP Enterprise resource planning
ESD Enterprise and supplier development
ESG Environmental, social and governance
EUR Euro
EY Ernst & Young
FAM Functional Assessment Measure
FIMTM Functional Independence MeasureTM 
Free State Oncology Free State Oncology Trust
FSB Financial Services Board
GBP Pound sterling
GDP Gross domestic product
GEMS Government Employees Medical Scheme
HAI Healthcare associated infections
HASA Hospital Association of South Africa
HBA Hazardous biological agents
HCRW Healthcare risk waste
HEPS Headline earnings per share
HMI Healthcare Market Inquiry
HPCSA Health Professions Council of South Africa
HR Human resources
IASB International Accounting Standards Board
ICNet Life Healthcare’s electronic surveillance system
ICU Intensive care unit
IDC Industrial Development Corporation
IFC International Finance Corporation
IFRIC International Financial Reporting Interpretations Committee
IFRS International Financial Reporting Standards
IIRC International Integrated Reporting Council
IMF International Monetary Fund
INR/Rs Indian rupee
IoDSA Institute of Directors in Southern Africa
IRBA Code Independent Regulatory Board for Auditors Code of Professional Conduct for Registered Auditors
ISAE International Standard on Assurance Engagements
ISMS Information security management system
JIBAR Johannesburg interbank agreed rate
JSE Johannesburg Stock Exchange Limited
JSE Listings Requirements JSE Limited Listings Requirements
King III King III Report on Governance for South Africa 2009
King IV King IV Report on Corporate Governance for South Africa 2016
KKA Kliniki Kardioligii Allenort
kℓ Kilolitre
KPI Key performance indicator
kWh Kilowatt hour
kWp Kilowatt peak
LGH Lifecare Group Holdings 
LHC Life Healthcare Group Proprietary Limited
LIBOR London interbank offered rate
LOS Length of stay
LTIP Long-term incentive plan
Max or Max Healthcare Max Healthcare Institute Limited
MEEM Multi-period earnings excess method
MICN Molecular Imaging Collaborative Network
MOI Memorandum of Incorporation
MRI Magnetic resonance imaging
MSA Medical Schemes Act
NFZ Narodowy Fundusz Zdrowia
NGO Non-governmental organisation
NHI National Health Insurance
NHRPL National Health Reference Price List
NHS National Health Service
NPO Not-for-profit organisation
NPPA National Pharmaceutical Pricing Authority
OEM Original equipment manufacturer
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
PV Photovoltaic (solar)
PwC PricewaterhouseCoopers Inc.
PXM Patient experience management
QMS Quality Management System
RCM Raciborskie Centrum Medyczne
RONA Return on net assets
SANC South African Nursing Council
SASOG South African Society of Obstetricians and Gynaecologists
Scanmed Scanmed S.A.
SD Supplier development
SENS Stock Exchange News Service
SEP Single exit price
SSI Surgical site infections
TFR Trattamento di Fine Rapporto
TSR Total shareholder return
UFT Business unit performance
UK United Kingdom
VAP Ventilator associated pneumonia
VCP Variable compensation plan
VWAP Volume weighted average traded price
WHO World Health Organization
WIBOR Warsaw interbank offered rate
ZAR South African rands