Our history
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AfroCentric incorporated (80% effective interest acquired) and listed on the JSE
2008
Acquired AfroCentric Health Group (80% effective interest)
2009
Increased effective interest in AfroCentric Health to 94.1%
2010
Helios IT Solutions (now AfroCentric Technologies) acquired a 51% interest in Allegra
2012
Acquired South African licence of document-based care (DBC) back and neck rehabilitation programme
2014
Acquired:
100% of Pharmacy Direct
100% of Curasana
26% of Activo Health
Sanlam acquired 28.7% of AfroCentric Healthcare Assets, a major subsidiary of AfroCentric Investment Corporation
Awarded South African Police Service medical aid (POLMED) scheme contract
2016
Acquired:
100% of Wellness Odyssey
51% of The Cheese Has Moved
Amalgamation of Bonitas and Liberty added 125 000 lives to our care
Pharmacy Direct secured further contracts for the delivery of chronic medicine to public sector patients, increasing footprint from five to seven South African provinces
2017
Acquired:
51% of EssentialMed
80% of Scriptpharm Risk Management
70% of MMed Distribution
ADS acquired 51% of Tendahealth
COMMED merged with Bonitas
Awarded Hosmed contract
Pharmacy Direct awarded four of nine provinces in the new NDoH Central Chronic Medicine Dispensing and Distribution (CCMDD) contracts, increasing volumes from 50% to an estimated 80%
2018
Acquired:
Remaining 74% of Activo Health
82.8% of PHA
100% of Sanlam Health (renamed AfroCentric Integrated Health Administrators)
Additional 25% of Associated Fund AdministratorsBotswana
Medshield Hospital and Fraud Management Bonitas Actuarial Services
Hosmed Medicine Management
POLMED contracts Scriptpharm for Chronic Medicine Management
2019
Acquired:
ACT Healthcare Assets acquired the remaining 20% of the shares in Scriptpharm Risk Management, effective 1 August 2020
Remaining 17.2% of PHA
Additional 17% of TCHM
Medscheme won a contract to administer MEDiPOS Medical Scheme
2020
ACT Healthcare Assets acquired 100% of the shares in the DENIS Group, which specialises in dental benefits management. The effective date was 1 October 2020
Medscheme was awarded the Government Employees Medical Scheme Managed Care Contract, which includes additional services previously not part of the main managed care contract regarding HIV management, maternity management and expanded services relating to medicine management, effective 1 January 2021
AfroCentric FastPulse concluded a contract to provide COVID-19 occupational health and safety support for the Western Cape’s Economic Development and Tourism Department, effective January 2021
Activo Health acquired Exeltis SA (the holding company of Forrester Pharma and Lamar International), effective 1 August 2021
2021
Health administration and risk management
Expansion across healthcare value chain