The plan identifies the material risks candidly and pairs each with a concrete mitigant. The most important, radiologist supply, ramp-year cash coverage and expansion funding, are structural and are addressed in the operating and capital design rather than left to chance.
|
Risk |
Likelihood |
Impact |
Mitigation |
|---|---|---|---|
|
Radiologist scarcity |
High |
High |
Reporting hub, teleradiology, AI triage, equity for key readers |
|
Slower utilisation ramp |
Medium |
High |
Mobile units, referral build, phased capex, revolver headroom |
|
DSCR below 1.0× in ramp |
Medium |
Medium |
1-year principal grace, DSRA, undrawn revolver |
|
Expansion funding not raised |
Medium |
High |
Flagships self-fund; rollout paced to available capital |
|
Scheme tariff / payment risk |
Medium |
Medium |
Multi-scheme network, diversified channels, revolver |
|
Equipment obsolescence |
Medium |
Medium |
Phased vintages, service contracts, OEM partnerships |
|
Regulatory / NHI change |
Low–Med |
Medium |
Compliance, public-sector teleradiology optionality |
|
Data breach (POPIA) |
Low |
High |
Cloud security, encryption, governance, insurance |
|
FX on imported equipment |
Medium |
Medium |
Forward cover on major orders; phased procurement |
NoteRisk is managed in the design, not bolted on
Each of the top three risks maps directly to a design choice already in the plan: the reporting hub and AI for radiologist scarcity; phased capex, mobile units and revolver headroom for the utilisation ramp; and the grace-period-plus-DSRA structure for ramp-year debt coverage.