MediSwitch aims to train the next generation of Health Entrepreneurs with the sole purpose of helping them run their practices as a business.
MediSwitch offers practice management talks once a year to the University of Witwatersrand physiotherapy students, as well as University of the Western Cape dentistry students. They have trained over 200 students.
Altron Chief Executive, Mteto Nyati, said, “Healthcare is our focus area for growth and the MediSwitch team is not only offering healthcare practice solutions to the healthcare industry but also extending their expertise to benefit medical students in getting them ready for the business world.
Entrepreneurship and small and medium businesses are the bedrock of SA’s economy. It is generally accepted that half of South Africas GDP is contributed by small and medium businesses.”
Services Manager at Mediswitch, Doloress Nkosi, said, “Many students coming out of university are not always equipped in terms of setting up a business to practice what they learn. They face challenges with dealing with medical aids and billing, which includes understanding the importance of coding correctly so they can receive timely payments.
A wide range of topics are covered by the company’s practice management advisory sessions such as: which medical bodies to register with, management of patient records, the importance of location, practice administration, claims and online payments, as well as improving cash flow.
“Providing medical students with the right skills to successfully run their own business is important to the Altron group – expanding healthcare to all sectors of society in South Africa, and providing young entrepreneurs with the skills to contribute towards the economic growth, reduce unemployment levels, and also alleviating poverty,” concluded Nkosi.