LENMED AIR 2019.pdf

Medical schemes The business of undertaking health service liability in return for a premium or contribution. Medical waste All waste materials generated at healthcare facilities, including used needles and syringes, soiled dressings, diagnostic samples, blood, chemicals, pharmaceuticals, medical devices and radioactive materials. Normalised EBITDA On the balance sheet, earnings adjusted to remove unusual or one-time influences. Oncology The study and treatment of tumours. Paediatric A medical specialty that manages medical conditions affecting babies, children and young people. Pharmaceutical Medicinal drugs, their preparation, use or sale. Protocols Official procedure or system of rules. Quadruple burden of disease HIV/Aids, underdevelopment, chronic diseases related to unhealthy lifestyles, and injuries. Radiotherapy The treatment of disease, especially cancer, using X-rays or similar forms of radiation. Renal Relating to the kidneys. Risk appetite The amount of risk a company is willing to accept in pursuit of value. the Group Lenmed Investments Limited. Transformation Increased access and opportunities for previously disadvantaged South Africans. Unlisted company A company that can have an unlimited number of shareholders to raise capital for any commercial venture. Glossary continued 124 SUPPLEMENTARY INFORMATION