Founded as Afrox, the company was traded on the
JSE Limited until it was sold to Business Venture Investments Limited (Bidco), a
Black Economic Empowerment group, in 2005. In November 2016, Life Healthcare bought European
radiology services company
Alliance Medical for around
R10.4 billion. In July 2025, US
radiology company
Lantheus acquired Life Molecular Imaging from Life Healthcare. ==Operations==