Our strategy
AfroCentric is the most diversified healthcare company in Southern Africa. By completing the integration of new acquisitions into our business and leveraging the power of technology to transform client service, we are evolving our business model and moving closer to achieving our ultimate goal of transforming healthcare.
Our principal objective to ensure the delivery of efficient health management services and the distribution of quality products – all at a manageable and affordable cost for the benefit of our stakeholders. We have broadened our interests in the industry by continuing to pursue new opportunities to expand our presence across the healthcare sector.
AfroCentric’s activities are focused on broadening access to healthcare by expanding our presence, integrating our operations and optimising costs across the value chain to measurably improve access to quality care.
To optimise costs and the delivery of healthcare to our stakeholders, the Group is organised into three clusters that incorporate businesses across the value chain: Our primary activities at Group level focus on acquiring, developing and integrating businesses that enable us to optimise the healthcare value chain to increase the value of the healthcare Rand.
The healthcare value chain comprises primary care, medicine, specialist care and hospitalisation solutions. AfroCentric is broadening access to healthcare by expanding our presence, integrating operations and optimising costs across the value chain to measurably improve access to quality healthcare.
OUR STRATEGIC PILLARS
MEDIUM-TERM OBJECTIVES
Grow and strengthen our businesses.
Diversify our business mix with new products and services.
Achieve greater operating excellence.
Three primary solutions
To leverage our integration model, our business is organised into three primary solutions, namely Health Solutions, Pharmaceutical Solutions and our Corporate Solutions offerings.
Health Solutions: comprising medical aid administration, risk management and technology. We are the largest managed care organisation in the country and the second-largest medical schemes administrator, with more than 3.9 million lives under management (constituting a 39% market share).
Pharma Solutions: comprising world-class manufacturing, distribution, marketing and retail services for medicine and pharmaceutical products through our value-chain capabilities.
Corporate Solutions: comprising various entities that support the overall aim of offering uniquely integrated, employee-focused health and wellness solutions to corporate and institutional clients. The clusters interfacing components seek to contribute to a reduction in primary costs while increasing productivity and delivering tangible savings to employer groups.