Member News

MediCoop is fast tracking the virtual finance space and getting noticed. Our enquiries desk is handling increasing finance and medical equipment rental applications. Of course this does not only reveal that the economy is rearing its head, but that the health economy has entered a renewed period of growth.' Read more

The latest medical equipment and technology is expensive, has a limited lifespan and is a business enabler (“tool”) rather than an asset, which should be budgeted for as an ongoing expense. With rental, you can obtain the equipment you need today, but spread the payment across the useful life of its operation. Read more

MediCoop has made giant strides this year. Due to sustained growth we are now in the process of applying with the Prudential Authority to convert from a Cooperative Financial Institution towards a Co-operative Bank for medical and health professionals. Read more

At MediCoop’s annual general meeting which was held online on 17 September 2021, the conversion of MediCoop from a co-operative financial institution to become a Co-operative Bank, was approved. MediCoop will now follow the process to amend the Constitution accordingly. Read more

Fire is one of the major causes of outright insured losses in South Africa, yet it is also one of the most underestimated and underinsured risks. Taking the necessary precautions to prevent a fire from starting is foremost, as is insuring your fixed and moveable assets for an outright loss should the worst occur.  Read more

This month we are excited to announce that MediCoop joined hands with renewable energy specialists, GreenSun, to bring affordable rent-to-own solar systems to practices. Read more

When providing financing solutions to our members in the health sector, short-term insurance becomes a consequential liability. The least we can do is ensure our members have access to our strategic partner Aon. Aon is a leading brokerage in South Africa. Read more

In these crazy times, businesses and medical practices alike are under severe pressure. Whether you are looking to upgrade and modernise your equipment, growing a practice or in need of enhancing the efficiency of services with cutting-edge medical equipment, there is a financial solution for everyone.  Read more

Dr Surprise Mogakane and Dr Craig Masonto are the new proud owners of the newly renovated dental practice in Norwood, Johannesburg. Dental practices are equipment dependent, and MediCoop is proud to have financed the new surgery and give lift-off to a young medical entrepreneur and his partner.  Read more

With the impact of the pandemic set to be long-term, and many work models becoming the norm and not bouncing back to pre-COVID-19 models, it’s important that business leaders reinvent the approaches to employee health, safety and wellbeing. Read more

As we enter the second year of Covid-19, the trend in the business world is start-ups and entrepreneurship. Be your own boss and work your own hours. However, starting a business is scary enough and having to cope with all the different aspects and specifics a start-up requires can be daunting. Read more

Prof Marthinus Hartman is a bit of a legend in veterinary surgery, having made headlines in 2017 when he was the first veterinary surgeon in South Africa to perform laparoscopic surgery on lions and cheetahs. It was a feather in MediCoop’s cap when Prof Hartman signed his finance agreement to set up his surgical facility in Table View, Cape Town, through MediCoop’s Equipment Rental Finance. Prof Hartman has only praise for MediCoop’s service. Read more