About Us
Background Information
- Promedical is a group of medical doctors (Medical specialists in all disciplines and GPs) incorporated on 14th December 2017 in terms of act 14 Cooperatives act 2005.
- The need for professionals from other fields of study outside the medical field resulted in other professionals being recruited into Promedical. These professionals include attorneys, accountants and allied health professionals.
- Promedical members pay membership fees on joining and are in return given Promedical shares in line with the Cooperatives act 2005.
- At present Promedical has about 500 members country wide out of which about 105 have invested some money.
- The main goal of Promedical is to become a co-operative bank at which point it will lend money to its members and finance its projects and member projects at an interest lower than commercial banks.
- The other goal of Promedical is to create a fund that will finance the building of its private hospitals, rehabilitation centres, day hospitals and medical centres.
- The private hospitals and medical centres will mainly be in the townships, rural areas and other places of need and will be positioned between private and government hospitals in terms of cost.
- These hospitals will be ready to contract with NHI as and when it is rolled out.
- At the present moment our clients are RAF, WCA and low-income medical aid plans, out of pocket paying patients and other medical aids.
- Promedical via its umbrella body (MDCM) is also organising at the work place in forming workplace cooperatives that will buy comprehensive health services from Promedical.
- The biggest future market for Promedical is the one depicted by the pyramid below. This market resides in the middle of the pyramid and is approximately 15million people who cannot afford a medical aid and yet can pay out of their pockets. These people do not ordinarily use government health services unless forced by circumstances to do so and yet do have cash to make out of pocket payments.
The following triangle illustrates our target market
- Our strategy is not to only invest in our own health infrastructure but to partner and invest in government too, by negotiating space to add theatres, ICUs and wards to better service those who pay from their pockets. This is in line with folateng policy and PPP .
- This model and strategy put us in a better position to provide sustainable affordable and quality health to out of pocket paying patients, and most importantly to the diaspora.
- Promedical believes that the potential out of pocket paying patients is about 15 million, however adding the diaspora may be even more.
- The B segment (middle of the pyramid), we believe will always shift up or down in favour of Promedical as the country’s economy changes and the rollout of NHI will always work in our favour too.
Promedical business model:
- Promedical invests in health and health related projects as we feel that it’s the only area, we are comfortable with in terms of knowledge and experience.
- In all our investments, equipment and property ownership is key except in very few instances when doing business with government.
- Promedical finances and take equity in all businesses brought by its members and strictly finances health facilities and nothing else by pulling funds from its members on monthly and/or adhoc basis.
- Promedical does not believe in duplicating what already exist, but instead it always seeks to negotiate partnerships with those who share the vision.
- Promedical makes use of its members to deliver health services to its patients who are cooperatives members and non-cooperatives members.
Vision
- To provide an alternative, affordable, sustainable and comprehensive health to South Africans and the African diaspora.
- To economically empower healthcare providers and the patients.
- To strategically close the gap that’s not covered by NHI.
Mission
- To build our own health facilities closer to the people.
- To control money flow in and out of our own system of networks.
- To ensure that both healthcare professionals and patients get value for money from our service offering.
- To ensure we close all gaps left by NHI and provide quality health service to the diaspora.
Partners in business
Private businesses
- All private entities that share the same vision with Promedical are our possible partners.Promedical is in negotiations with strategic hospital groups on the acquisition of shares,joint ownership and control.
Provincial governments
- Promedical is in talks with various provincial governments in crafting partnership that will result in Promedical utilising the available space in government hospitals to erect more theatres, ICUs and wards. Currently Promedical operates Raf patients in both Government and Private hospitals. This helps government to raise the much needed revenue from Raf at no cost to Promedical as Promedical Doctors claim for their services from Raf.
Forward thinking
- Promedical always look forward to new ideas and partnerships as it does not believe it has the monopoly of wisdom and therefore all the solutions to problems bedevilling our health system are welcome.
- Promedical believes the solutions lie in innovation and readiness to adapt to new ways of doing things.
Current projects
- Promedical will soon open a day Hospital at Benoni and an acute Hospital at Mogoase near Suncity
- Promedical has its own Emergency medical services with three ambulances designed for Advanced care soon to be formalised as a subsidiary.
- Promedical has just registered its own health insurance soon to be marketed at the work place.
- Promedical is rolling out Medicolegal practices nationally that will assist patients in accessing legal representation in aspects relating to health as Promedical views health as a right and not a privilege.
- Promedical is also in a process of registering its own Cooperative bank.
- Promedical has just registered its own investment fund soon to be marketed to all professionals.
- Promedical has developed its own practice management software that is already in the market.
- Promedical academy has been conceptualised and under registration where members/shareholders will be trained in corporate governance, financial and legal matters.
Management
- Promedical is managed by an interim board , chairman, treasurer, secretary,managing director and 4 board members/ directors.
- The board members, chairman, treasurer and secretary resign every 4 years on election of new management at an AGM in line with the Cooperatives act 14 of 2005 as amended and the constitution of Promedical.
- All management decisions are taken with Promedical constitution and the act in mind.
- Chairman:Dr F Mathebula
- Managing director:Dr GML Mkulise
- Secretory:Dr M Nqgandu
- Treasure:Dr L Motsekoa
- List of directors :
- Mr Lucky Fenyane :Director and board member
- Mr Wandile Moletsane:Director and board member
- Mr Sipho Mkulise
- Ms Valentine Vandaele
Note: Promedical is in the process of restructuring in that a holding company has been registered and subsidiaries are being incorporated
Community Business
Community Driven Business Solutions
PROMEDICAL BANK
Your future bank
- One of the problems facing medical doctors and health professionals in general is the lack of control of money flow in the health industry.
- Promedical has made this a priority and decided that the only way out is to own a bank.
- Promedical is about to obtain a cooperative bank license and will then soon register all financial products under the bank licence.
PROMEDICAL INSURANCE & INVESTMENT
INSURANCE & INVESTMENT
- Almost all Promedical members have insurance and investment products, however all these funds are benefiting other people rather than Promedical members and the Cooperative.
- Promedical decided to accredit selected brokers who will channel some of the funds back to Promedical fund pool.
- In a few months Promedical will have its own brokerage division.
PROMEDICAL IMPORT/EXPORT
IMPORT/EXPORT
- Promedical provides import /export services to its members at no cost to the member.
- Non members pay 10% of the total cost of the movement of goods.
LOGISTICS
- Promedical has a logistics division and can now move any goods around the globe including domestic courier services at very good rates.
- The logistics include sea freight, road and air freight.
- Our logistics division does in-house clearing and forwarding using Promedical import & export licence.
PROMEDICAL IT SOLUTIONS/PRINTING
What we Print
PROMEDICAL BUILDING & CONSTRUCTION
BUILDING & CONSTRUCTION
- Promedical has now registered with CIBD as a building and construction company and will from now hence provide such services.
- The building and construction team has a wealth of experience with more than 15 years in the construction business.
PROMEDICAL HANDYMAN
Promedical has a dedicated team of handymen available 24hrs to help you.
- This includes:
- Electricians, Plumbers, Builders, Ceiling Fitting, Roofing, Plastering and Painting, Carport Erection.
- All quotations are done within 24hrs.
PROMEDICAL SECURITY SYSTEMS & GUARDS
Promedical high tech security systems.
- Promedical installs high tech security systems in residential and commercial properties.
- The security systems include CCTV, Alarms, Beams, Cameras and live guards.
PROMEDICAL PRIMARY COOPERATIVE LIMITED BACKGROUND INFORMATION
Promedical Cooperative Background Information.
MEDICAL CONSUMABLES & PHARMACUETICAL PRODUCTS
PROMEDICAL PERSONAL PROTECTIVE EQUIPMENT(PPE)
Medical Consumables.
Promedical Pharmaceutical Wholesale is about to be opened.
The wholesale will support our GP network and ensure a reliable supply of products to GP practices.
Currently Promedical provides wholesale services using a third party, so members can order their products by email, whatsapp, sms or by direct call to:
- 011 845 7897
- 081 321 1534
- promedicalprimarycoop@gmail.com
Products can be delivered the following day or if urgent delivery can be done on the same day.
Promedical 3-Ply Masks R500 (sku 000001)
Latex Gloves R150 (sku 000002).
Syringes & Needles R10 (sku 000003).
FaceShields (sku 000004) Out of stock.
HamatSuite (sku 000005) Out of stock.
Order Now
promedicalprimarycoop@gmail.com
(Indicate the SKU00000? nr. & quantity and attach proof of payment with the email.)
Promedical OrderMEDICAL EQUIPMENT SALES
- Promedical is importing high tech medical equipment and provides after sales support and maintenance.
- The equipment includes but not limited to X ray machines, Ultrasound, Anaesthetic machines, Hospital beds etc.
- All equipment comes with a 3 year guarantee.
MEDICAL PRACTICE,BRAND DEVELOPMENT & MARKETING
HEALTH FACILITIES
Promedical is in a process of building its own national health facilities
- The project takes different strategic forms in that some facilities will be built from scratch and others will be outright acquisitions.
- The health facilities will include a day clinic, hospital, rehabilitation center in each province. A 24hr medical center in every township and village.
- To support the facilities Promedical has developed its own private health funding model and has negotiated strategic partnership with governmental, small businesses and corporate.
INHOUSE PRIVATE HEALTH FUNDING
Find out how Promedical doing this.
Promedical management & governance
Promedical is managed by 4 members, namely; - Chairman, Treasurer, Secretary and Marketing member. The board members, chairman, treasurer and secretary resign every 4 years on election of new management at an AGM, In line with the Cooperatives act 14 of 2005 as amended, and the constitution of Promedical. All management decision are taken with Promedical constitution and the act in mind.
Chairman
Dr F Mathebula (MBchB)
Secretary
M Ngqandu
Treasury
Dr Lerato Motsekoa (MBchB)
Marketing Director
Dr GML Mkulise (MBchB,DA,CIME)What we Sell
Contact
Our Address
21 Fairbairn Street, Rynfield, Benoni 1501, South Africa
10284 Hlakwana Street Daveyton, Benoni 1507, South Africa