CarePay is the developer and administrator of the M-TIBA platform. It partners with public and private organizations to drive universal health coverage through mobile phones. The M-TIBA platform helps with expansion, enrolment and retention on health schemes. It also provides a real-time integrated data exchange for Governments, insurers and donors to track health funds and understand healthcare patterns.
In Kenya, Kisumu County Government recently announced that it would implement a public private partnership to deliver universal health coverage using the National Hospital Insurance Fund’s (NHIF) SupaCover, delivered over the M-TIBA platform. Minet Kenya announced earlier this year that it was partnering with CarePay to implement M-TIBA as an IT solution for future insurance and fund management schemes and products.
“We welcome CarePay in this diverse group of technology pioneers,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “CarePay and its fellow pioneers are front and centre in shaping the ongoing Fourth Industrial Revolution and we believe they will be transforming society and industry in a positive way in the years to come.”
To date CarePay has enrolled well over a million Kenyans onto M-TIBA. More than 700 healthcare providers have been activated on the platform – with a further 1,400 providers contracted. M-TIBA was developed and is being implemented in partnership with Safaricom and PharmAccess Foundation.
Kees van Lede, CarePay CEO says, “We are honored to be recognised by the World Economic Forum as a Technology Pioneer. Our Kenya team has done an amazing job in building M-TIBA into a proven platform that is highly adaptable and scalable. We are all focused on becoming the preferred technology partner for the public and private healthcare sector. Together we can revolutionise the management of large-scale health schemes and achieve universal health coverage for all.”
Following this selection as Technology Pioneer, CarePay will be participating in the World Economic Forum Annual Meeting of the New Champions 2018 to be held in September in Tianjin, China. Past recipients include Google (2001), Twitter (2009), Dropbox (2011), Airbnb (2013) and Editas Medicine (2015).
There are three African companies in the 2018 cohort of Technology Pioneers, of which two from Kenya. The full list can be found here. It has a selection committee of more than 60 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership.
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CarePay is a health technology enterprise established in 2015 as an independent Kenyan company with an ambition to drive healthcare inclusion across Africa. CarePay is the developer and administrator of the M-TIBA platform and partners with public and private organisations to drive healthcare inclusion through mobile phones. This platform is enhancing the expansion, enrolment and retention on a range of health schemes. It provides real-time integrated data exchange that helps build a more user-centric health system, drive investment decisions and improve the quality of care. With over a million users on M-TIBA in Kenya, CarePay is profoundly changing how healthcare is paid-for, measured and accessed.
The World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. Moral and intellectual integrity is at the heart of everything it does.
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