Ramsay Health Care Limited · ASX:RHC
Ramsay Health Care — Shareholder Meeting (November 2024)
20 slides from Ramsay Health Care's shareholder meeting presentation, Nov 26, 2024
Slide 1: 2024 AGM – Chair and Managing Director Addresses & Presentation
ASX RELEASE 26 November 2024 Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam 2024 AGM – CHAIR AND MANAGING DIRECTOR ADDRESSES & PRESENTATION AND MANAGING DIRECTOR & GROUP CEO TRANSITION DATE Please find attached the following documents to be pr
Slide 2: 2024 AGM - Chair and CEO Speeches and Presentation
ASX ANNOUNCEMENT 26 November 2024 2024 AGM - CHAIR AND CEO SPEECHES AND PRESENTATION Chair – David Thodey This year, Ramsay Health Care celebrated 60 years in the industry. We are a business underpinned by a strong purpose of ‘people caring for people’, which has been the backbone of Ramsay’s succes
Slide 3: Board renewal
The performance for the year was driven by an improved result in Australia and strong growth in the UK, offset by lower earnings from Europe and higher financing charges reflecting the increase in interest rates. The result reflects an improvement on last year and we are generally performing better
Slide 4: Key Takeaways
Managing Director and Group CEO - Craig McNally Thanks David and good morning to everyone in the room and on the webcast. I would like to start by also thanking our people and clinicians for their ongoing commitment to our patients, delivering on Ramsay’s purpose of ‘people caring for people’ which
Slide 5: Sustainability Roadmap
Engaging our suppliers remains a key focus, and this year we achieved an important milestone to have independent sustainability assessments across 60% of suppliers by spend. We continue to work towards our goal of 80% coverage in FY26. Reflecting our commitment in this area, we continue to link a nu
Slide 6: United Kingdom – Improvement in tariff and increased Government support for the NHS
Slide 9 UNITED KINGDOM – Improvement in tariff and increased Government support for the NHS a net positive Moving to the UK, where our acute hospital business has seen continued growth in NHS and private pay volumes over the first quarter, with growth in private insurer volumes offsetting weaker sel
Slide 7: Priority is to strengthen & leverage the core hospital network
With Ramsay’s unmatched network of strategically located facilities; world class healthcare team; industry-leading investment in clinical excellence; trusted payor relationships; targeted push into new and adjacent services; and investment in technology, we feel that we are uniquely positioned to be
Slide 8: Chair's Address
Chair’s Address David Thodey People caring for people 1
Slide 9: Managing Director & Group CEO's Address
Managing Director & Group CEO’s Address Craig McNally People caring for people 2
Slide 10: Important Information
Important Information The information in this presentation is general background conditions; changes in government and policy; actions of regulatory information about Ramsay Health Care Limited and its bodies and other governmental authorities such as changes in taxation subsidiaries (together, the
Slide 11: Key Takeaways
Key Takeaways Activity growth Accelerating continues Focus on payors transformation Expect growth in activity Improved indexation in UK Investment in transformation across all regions albeit the and improved agreements programs to drive sustainable rate of growth is expected with private payors in A
Slide 12: Investing in our people
Investing in our people Developing Capability Initiatives: Priorities • 39% increase in participation at the Global Leadership Academy • Leadership • Rollout of Ramsay Health Hub, patient tracking, data hub and DMR • Disciplined transformation • Global partnership with Health Careers International a
Slide 13: Sustainability Roadmap
Sustainability Roadmap 6 People Caring for People - 2024 AGM CEO Presentation
Slide 14: Australia – Focus is on delivering benefits from transformation programs
AUSTRALIA – Focus is on delivering benefits from transformation programs Focus on transformation programs that optimise the core hospital business and improve margins • Activity trends year to date¹ consistent with FY24, surgical, medical and rehab growth above pcp² with maternity and mental health
Slide 15: Australia - Optimise the Core: Performance Improvement Priorities
AUSTRALIA- Optimise the Core: Performance Improvement Priorities Ramsay Australia’s immediate focus is on improving margins. • Promote a growth focus, with best practice for site-level engagement with doctors embedded to drive recruitment and volume uplift Volume #1 Growth • • Driving greater insigh
Slide 16: United Kingdom – Improvement in tariff and Government support for the NHS
UNITED KINGDOM – Improvement in tariff and Government support for the NHS a net positive Ramsay UK (acute hospital services) Elysium Healthcare (mental healthcare services) Improvement in tariff and higher volume to offset wage Continued focus on occupancy and new site openings inflation and higher
Slide 17: Europe – focus on cost control, working with stakeholders on industry structure
EUROPE – focus on cost control, working with stakeholders on industry structure Focused on cost control and growth in profitable adjacencies to offset inflation • Ramsay Santé reported an 8.6% increase in revenue in local currency¹ for 1QFY25 supported by activity growth, higher tariffs and the rece
Slide 18: FY25 Outlook – Expect further growth in earnings
FY25 Outlook – Expect further growth in earnings As a market leader Ramsay remains well positioned to benefit from the favourable dynamics underpinning the long-term outlook for the healthcare industry. In light of short-term industry challenges, the Company’s immediate priorities are focused on a r
Slide 19: Priority is to strengthen & leverage the core hospital network
Priority is to strengthen & leverage the core hospital network OUR VISION: To leverage our global platform and be a leading healthcare provider of the future By growing, modernising and leveraging our And moving purposefully into New & Adjacent Services World Class Hospital Network Integrated patien
Slide 20: People caring for people
People caring for people People Caring for People - 2024 AGM CEO Presentation 13
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