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    HomePartner ContentSouth African Healthcare Startup RecoMed Plugs Into FinTech with Bankmed Partnership

    South African Healthcare Startup RecoMed Plugs Into FinTech with Bankmed Partnership

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    Bankmed, a prominent medical aid scheme catering to the banking and financial services sector, has announced a strategic collaboration with local healthcare start-up RecoMed, signaling a significant advancement in e-pharmacy accessibility for its members.

    RecoMed, known for its innovative online healthcare marketplace and booking platform in South Africa, facilitates seamless connections between practitioners, patients, and various stakeholders within the healthcare ecosystem. With over 100,000 bookings managed monthly, RecoMed’s partnership with Bankmed aims to streamline access to medications through its e-Pharm solution.

    Through e-Pharm, Bankmed members can conveniently upload prescriptions for next-day delivery or in-store collection across all major pharmacies in South Africa. The platform also facilitates secure payments, providing members with a hassle-free experience.

    Dr. Dalen Alexander, Bankmed’s Wellness and Innovations Manager, highlighted the importance of leveraging innovation to enhance member well-being. “Our RecoMed-powered booking portal has been a resounding success, and transitioning to offering seamless prescription access for our members was the next logical step,” he stated. “We are committed to utilizing digitization to improve health outcomes, and RecoMed consistently equips us with the necessary tools to achieve this goal.”

    Integrated with retail pharmacy giant Dis-Chem, e-Pharm ensures efficient processing and delivery of prescriptions. Moreover, Bankmed members have the option to collect medications in person. The collaboration further enhances Bankmed’s service offerings, complementing existing features such as booking personal health assessments and vaccinations.

    While e-Pharm access is currently exclusive to Bankmed members within the Bankmed portal, RecoMed’s broader platform allows individuals from various healthcare schemes, including cash-paying customers, to utilize the e-Pharm platform.

    Sheraan Amod, Founder and CEO of RecoMed, emphasized the company’s commitment to fostering partnerships with pharmacies and healthcare service providers to develop innovative digital health solutions for South Africans. “Our goal is to continue driving advancements in digital healthcare, ensuring accessibility and convenience for all,” Amod remarked.

    The collaboration between RecoMed and Bankmed underscores the growing importance of digital health solutions in improving healthcare accessibility and efficiency, ultimately benefiting patients and healthcare providers alike.

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