The Momentum Bonitas deal is set to reshape South Africa’s tightly concentrated medical scheme administration market. This follows Momentum Health winning the tender to administer the Bonitas Medical Fund. The transfer takes effect on 1 June 2026. It is being positioned by Momentum as a springboard for further growth in a sector dominated by a handful of large players. Momentum’s…
Tag: Healthcare Administration
-
Bonitas Tender Dispute: Court Action and Tender Controversy
South Africa’s second-largest open medical scheme, Bonitas, is opposing an urgent court application by Medscheme to block the appointment of two new service providers. The Bonitas Tender Dispute centres on Bonitas’ decision to end a 44-year administration relationship with Medscheme. Medscheme has served as its administrator since 1982. Bonitas, which covers more than 730,000 people, has appointed Momentum to take…
-
Discovery Health Claims Error Triggers Outrage Over Oversight
A year-long administrative failure at Discovery Health Medical Scheme (DHMS) has sparked mounting frustration among members, as the scheme begins recovering erroneous payments from policyholders. The Discovery Health claims error, which went undetected for 12 months, has affected an estimated 16,000 members across five high-end plans. The administrator, Discovery Health, is now requesting repayment of substantial amounts, some exceeding R68,000.…
-
AfroCentric’s JSE Collapse Fuels a New Healthcare Empire
As insurance giant Sanlam tightens its grip on health-fin services specialist AfroCentric, the line between public company and private control has all but vanished. What remains is a powerful lesson in strategic patience. It reveals how corporations (or businesses) can methodically turn market neglect into a corporate opportunity. While AfroCentric still technically trades on the JSE, its story is no…
-
NHS Job Losses Raise Concerns Over Patient Care
Hospitals in England are facing significant staff cuts. Over 100,000 jobs are now at risk. This follows a major reorganisation. Health leaders mandated cost-cutting measures. These potential NHS job losses have alarmed leaders. They are now calling for Treasury help. Redundancy costs could exceed £2 billion. Aggressive Efficiency Targets Drive Cuts Trusts must cut administrative costs by 50%. This must…