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AFROCENTRIC GROUP
10
ORGANISATIONAL OVERVIEW
PROFILE
AfroCentric is a black-empowered investment holding company with an investment portfolio
focused on providing services to the healthcare sector. Through its operating subsidiaries,
AfroCentric provides
health administration
and health
risk management solutions
.
PROFILE
Medscheme
is the Group’s largest subsidiary and is one of South Africa’s leading medical scheme administrators
and health risk management providers.
The Group was founded on the core philosophy of
promoting
transformation and empowerment
.
As a black-empowered company, AfroCentric is the
most enabled health-related business on the JSE.
Our main operational subsidiary, AHL, held its Level 2
B-BBEE status for the fifth consecutive year.
Established
2008
3.6 million
lives
under our management …
… through our
18
client
medical schemes in
southern Africa
One of the
largest
medical scheme
administrators
5 236
employees
(including countries outside
of South Africa)
JSE
healthcare sector
These services include:
• information technology (“IT”) solutions;
• transactional switching;
• specialised disease management;
• back, neck and shoulder treatment;
• pharmaceutical wholesaling; and
• pharmaceutical courier distribution services.
Details on each of our operating
subsidiaries, pages 61 to 81.
AfroCentric seeks to invest in
healthcare-
related businesses
that demonstrate the
potential to grow and diversify its revenue
sources, while contributing to the sustainable
health and welfare of South African communities.
Through these businesses, the Group provides
a range of
complementary services
to its
traditional medical scheme clients and a portfolio
of healthcare-related enterprises.