LENMED AIR 2019.pdf

Glossary Antimicrobial stewardship Optimised use of antimicrobials to prevent the development of resistance and improve patient outcomes. Benchmark A standard or point of reference against which things may be compared. Brownfields Start a project based on prior development or to rebuild a facility from an existing one. Carbon footprint The amount of carbon dioxide released into the atmosphere as a result of the activities of a particular individual, organisation, or community. Catheterisation laboratory (cath lab) An examination room with diagnostic imaging equipment used to visualise the arteries of the heart and the chambers of the heart and treat any stenosis or abnormality found. Cataract A medical condition in which the lens of the eye becomes progressively opaque, resulting in blurred vision. Clinical governance A systematic approach to maintaining and improving the quality of patient care within a health system. Commissioned Bring into working condition. Companies Act South African Companies Act 71 of 2008, as amended. Competition Commission A statutory body constituted by the South African government, empowered to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy. Compliance Abiding by both industry regulations and government legislation. Curriculum The subjects comprising a course of study in a school or college. Day Care Centres A facility that offers professional healthcare, such as psychiatric care or rehabilitation services, to individuals who require service but are able to return to their homes overnight. Due diligence An investigation or audit of a potential investment to ensure a certain standard of responsibility. Employment Equity Promoting equal opportunity and fair treatment in employment through elimination of unfair discrimination and implementing affirmative action measures. Endoscopy A non-surgical procedure used to examine a person’s digestive tract, using a flexible tube with a light and camera attached to it. Eskom A South African electricity, public utility. Gearing The ratio of a company’s loan capital (debt) to the value of its ordinary shares (equity). Green buildings Buildings with energy- and water-saving features. Greenfields Previously undeveloped sites for commercial development or exploitation. Grey water Waste water from baths, sinks, washing machines, and other kitchen appliances. Infection control The discipline concerned with preventing healthcare-associated infection. Integrated Report A concise communication about how an organisation’s strategy, governance, performance and prospects lead to the creation of value over the short, medium and long term. King IV™ Code King IV™ Code of Governance reporting principles. Management contract An arrangement under which operational control of an enterprise is vested by contract in a separate enterprise that performs the necessary managerial functions in return for a fee. Material issues Issues that a reasonable shareholder would consider important in deciding how to vote their shares or invest their money. Medical aid funders The business of undertaking health service liabilities. Medical aid tariffs The cost of a service negotiated by a medical fund with a preferred provider, such as doctors and hospitals. LENMED ANNUAL INTEGRATED REPORT 2019 123