Post on 22-Feb-2018
ASX ANNOUNCEMENT
3 March 2017
INVESTOR PRESENTATION – FRANCE
Attached is a copy of the Investor Presentation on Ramsay Générale de Santé that was
presented in Paris, France overnight.
Yours sincerely
John O’Grady
Group General Counsel & Company Secretary
Ramsay Health Care Limited
+ 612 9220 1000
RAMSAY HEALTH CARE
INVESTOR DAY PARIS
MARCH 2ND 2017
RHC Investor day March 2nd 2017
INTRODUCTION
2
PASCAL ROCHÉ
› Chief Executive Officer
DENIS CHARLES
› Group Head of Operations
ARNAUD JEUDY
› Chief Financial Officer
122 Facilities
23 Emergency
Departments
22,000 employees
6,000 practitioners
15,000 beds
and places 33,000 deliveries
1.7m patients
17% market share
RAMSAY GÉNÉRALE DE SANTÉ IN FIGURES
1st private operator
in cancerology
RHC Investor day March 2nd 2017
3
CLOSE TO 50% OF
THE FRENCH
POPULATION
A FOOTPRINT IN ALL AREAS
MSO
950,000
+ 2.1% patients
FCR
850,000
+ 3.7% days
Mental
Health
1,050,000
+ 4.2% days
Sessions
450,000
+ 2.9%
ED
530,000
+ 8.2% shows
5
IN 2016, 1 OUT OF 10 FRENCH PATIENT HAD
SURGERY IN ONE OF OUR MSO FACILITY
Investor day March 2nd 2017
RHC Investor day March 2nd 2017
WHAT HAPPENED SINCE RHC TOOK A
MAJORITY SHARE IN GDS IN OCTOBER 2014?
Costs
Tariffs
Mergers
Disposals
Volumes
Acquisition
Strategy
Purchasing
platform
6
RHC Investor day March 2nd 2017
RESULTS
7
179.0
217.4
239.2 229.6
237.0 229.2
248.9 239.7
225.8
205.6
259.1 269.8
12.5%
12.5% 12.5%
11.6% 11.6% 11.9%
12.7% 12.4% 12.1%
12.0%
12.2% 12.1%
0,0%
2,0%
4,0%
6,0%
8,0%
10,0%
12,0%
14,0%
16,0%
18,0%
20,0%
-30,0
20,0
70,0
120,0
170,0
220,0
270,0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
EBITDA (€m) EBITDA (% of revenue)
Published figures Pro forma
RHC Investor day March 2nd 2017
Published
figures
RHC Investor day March 2nd 2017
COMBINED P&L ACCOUNT
(6 MONTHS)
8
Published perimeterJuly-December
2015
July-December
2016
Revenue (in €m) 1,015.6 1,077.8
EBITDAR 193.6 206.0
% of revenue 19.1% 19.1%
EBIT 47.8 61.0
% of revenue 4.7% 5.7%
RHC Investor day March 2nd 2017
MACROVIEW: HOW ARE WE FUNDED?
9
€255bn
ONDAM
≈€185bn
2016 National
health expenses
Voted every year by
the Parliament within
the "Projet de loi de
finances"
Others
€ 35bn
Medicines
€35bn
Medical services of private clinics are funded by the public health system within
the ONDAM budget.
Hospitals
≈ €83bn
Others
≈€102bn
DRG
Others
Subventions
Private clinics
funding
pockets
3.7% 103
117 130 142 153 162 171 179 185
2000 2002 2004 2006 2008 2010 2012 2014 2016
CAGR ONDAM BUDGET (in € Bn)
RHC Investor day March 2nd 2017
9
RHC Investor day March 2nd 2017
SUSTAINABLE DRIVERS
10
POPULATION
GROWTH
AGEING
POPULATION
THERAPEUTIC
INNOVATIONS CHRONIC
DISEASES
RHC Investor day March 2nd 2017
RHC Investor day March 2nd 2017
PRIVATE HEALTH CARE FOOTPRINT IN
FRANCE
11
25%
Beds
17%
Ondam
budget shares
34%
Activity
(sessions)
Public
Private
RHC Investor day March 2nd 2017
RHC Investor day March 2nd 2017
OUR ECOSYSTEM IS CHANGING
12
HEALTH EXPENSES
MARKET CONSOLIDATION
PATIENTS EXPECTATIONS
PRACTITIONERS EXPECTATIONS
MEDICAL AND ECONOMIC MODEL
1
2
3
4
5
12 RHC Investor day March 2nd 2017
RHC Investor day March 2nd 2017
HOW DO WE ADAPT?
13
RHC Investor day March 2nd 2017
HOW DO WE ADAPT?
Our Vision
Quality
Our Mission
Innovate and Invest
Our Ambition
Innovative health services, well structured and managed
responsibly
Highest standards for Quality and Security
RHC Investor day March 2nd 2017
HOW DO WE ADAPT?
15
PRESERVE AND REINFORCE OUR CURRENT STRENGTHS
LAUNCH NEW INITIATIVES
Digitalization Optimization Innovation Talents
REINFORCE OUR STRENGTHS : QUALITY
1 3 2
1Source : Le Point, Août 2016 2 HP Clairval, HP Geoffroy St Hilaire et la Clinique Jouvenet
Most
representative
group in top 50
General ranking1
2nd at
accreditation
levels
(1st private
group)
Accreditations General ranking1
3 new facilities in
top 50
RHC Investor day March 2nd 2017
RHC Investor day March 2nd 2017
TOURCOING
ROUBAIX
CLINIQUE DU SPORT
ET DE CHIRURGIE ORTHOPEDIQUE
MARCQ-EN-BAROEUIL
HÔPITAL PRIVE LE BOIS
HÔPITAL PRIVE LA LOUVIERE
CLINIQUE AMBROISE PARE
CLINIQUE PARC MONCEAU
LILLE
CLINIQUE MAISON FLEURIE
FACHES-THUMESNIL
CLINIQUE LILLE SUD
SOS MAINS
LESQUIN
HÔPITAL PRIVE
VILLENEVE D’ASCQ
CLINIQUE SAINT JEAN
EHPAD CLOS ST JEAN
VILLENEUVE D’ASCQ
CLINIQUE VAL DE LYS
CLINIQUE LA VICTOIRE
17
OPTIMIZATION WITHIN CLUSTERS
RHC Investor day March 2nd 2017
BUILD ON OUR STRENGTHS
18
RGDS and practionners
work side by side
Day surgery
49%
64%
2012 2017
Build on our path cares Clusters optimization
RHC Investor day March 2nd 2017
RHC Investor day March 2nd 2017
KEEP ON INVESTING : 2016
19
RHC Investor day March 2nd 2017
KEEP ON INVESTING : MORE BROWNFIELD
20
Thank you!