Medkad Digital Company Profile 2023

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201601031799 (1202740-T)

Fairer, Faster & Healthier Together

COMPANY
PROFILE

www.medkad.com
No 117 Block 3, No 7 Persiaran Sukan
Laman Seri Business Park, Seksyen 13,
40100 Shah Alam, Malaysia.
mymedkad@medkad.com
03 8686 8869 / 03 8686 8870
Empowering
A Fairer
Healthcare
Ecosystem
Table of Contents

About Us 3

Our Team 4

Problems We’re Solving 5

Our Value Proposition 6

Our Solutions 7

Total Coverage Nationwide 9

Why MeDKAD? 10

Our Clients 11

MeDKAD’s Impact 12

MeDKAD Ecosystem 13
About Us

MeDKAD is a Third Party Administrator (TPA) or Managed Care


Organization (MCO) that manage company’s medical benefits
through automation system while implementing cost-saving strat-
egies.

MeDKAD was established in 2016 by four founding partners,


Ezuan Yaacob, Ahmad Azlan , Fareez Idham and Abdul Malik. Their
combined skill sets and experience make them a formidable team
that has driven MeDKAD’s impressive growth.

Together, they are building an innovative company currently with a


team of over 50 personnel based on dedicated and passionate
talent who are fully invested in MeDKAD’s mission to “Empower a
Fairer Healthcare Ecosystem”.
Our Team
Ezuan Yaacob ezuan@medkad.com
Chief Executive Officer
Former internal auditor and serial entrepreneur
Founded and exited Joblocum, an online job market-
place for medical professionals
Drives MeDKAD with empathy and conviction towards
their mission

Ahmad Azlan ahmad.azlan@medkad.com


Chief Strategy Officer
Experienced business development specialist and
veteran of the entrepreneurship ecosystem
Managed RM100M start-up grant back in 2015
Leads MeDKAD’s strategy and expansion domestically
and internationally

Fareez Idham fareez@medkad.com


Chief Operation Officer
An industry insider with deep experience & knowledge
in Healthcare Third Party Administration, overseeing
benefits and compensation
His energy and attention to details keep MeDKAD’s
operation running like clockwork

Abdul Malik malik@medkad.com


Chief Finance Officer
A well-trained Chartered Accountant with extensive
working experience in commercial and one of the ‘Big
Four’ audit and accouting firms in the world
Possess strong analytical, decision making and
resource management skills
Problems We’re
Solving

Cost Ineffectiveness
Due to fraudulent claims from users or
healthcare providers

Fraudulent Claims
User faked illness to score medical certificates
User bought medical certificates
Healthcare provider provides unrelated
medication to diagnosis

Limited Access
Limited list of panel
No real-time monitoring system

Heavy Paperwork
Tedious work of manual claim processing
Slow Guarantee Letter (GL) issuance
Monthly or yearly utilization reporting

RM2.9 million cost in overtime payments


to workers covering shifts of “sick”
colleagues!
Our Value Proposition
We firmly stand by our motto which is Fairer, Faster and
Healthier Together.

Pay-per-use concept
Refundable balance
Minimal fraudulent claims
Fairer No hidden fees

Payment disburstment to:


Panel - within 30 days*
User - within 7 to 14 working days*
Issuance of GLs within 15 minutes*
Faster Fast panel registration via MeDKAD app

Holistic workplace wellness solutions


Optical coverage and discounts
Dental and preventive care coverage
Healthier

*Subject to fulfillment of documents


OUR SOLUTION
Live since January 2018
Empower Clients
& Panels To Operate
Effectively & Efficiently
Our user-centric solution combines the advantages of both
desktop and mobile environments.

Employees are capable of accessing their health benefits


information faster and easier.

User
View entitlement balance
View entitlement coverage
Panel locator
Request e-GL, LTM, virtual consultation
Submit e-claims
Check in at panel
Access to MedRewards

Administrator
Company dashboard
Monitor users’ claim or utilization
Auto-generated users’ trend
Add, suspend, & terminate user
Family listing
Access to utilization report
Audit trails
Total Coverage
Nationwide
More than 3500+ Panels
including 144 Government Hospital nationwide

Clinics Hospitals Dental Clinics


(2415) (280) (343)

Pharmacy Optical Centres


(180) (311)

Physiotherapy
Centres
(82)
Why MeDKAD?
Other TPAs Insurance

Pay-per-use concept

No hidden fees

Anti-fraud countermeasures

Cost saving strategies

Real-time monitoring

Follow company policy

Digital medical card

Healthcare ecosystem

Medication supplier

SALIXIUM COVID-19 RTK

Virtual clinic

Advertising platform

Medical tourism
Our Clients
300+ companies & 75,000+ users
We are privileged to serve more than 300 companies to date.
As we strive to grow that number, be rest assured that we will
be working hard to enhance the healthcare ecosystem for all.
MeDKAD’s Impact
The anticipated cost savings by our clients is a major factor
for coming on-board MeDKAD. Early data shows promising
impact on our clients’ bottom line when they made the switch
to MeDKAD.

Customer Utilization Analysis


(Year-On-Year Comparison)

Medical Claims

Up to 40% medical cost reduction.

40% Year 2021 Year 2020

RM 1,157,600.13 RM 1,976,889.23

TPA Fees

Up to 70% TPA fees reduction.

70% Year 2021 Year 2020

RM 31,594.00 RM 110,000.00
MeDKAD Ecosystem
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MedKad
Ecosystem
Medicine
Long-Term Medication Program
Provides long term medication at a
cheaper rate to users with long-term
illness such as diabetes, cholesterol,
hypertension, heart disease, asthma, etc..

Free delivery nationwide including Sabah


& Sarawak or self-pickup at nearby panel
pharmacy.

In collaboration with:

SALIXIUM COVID-19 Rapid Anti-


gen Test (Saliva & Nasal Swab)
1st Malaysian-made self-testing kit by
MeDKAD. Endorsed by the Ministry of
Health. Tested and verified as por-
cine-free by Halvec Laboratories.

MeDKAD User Exclusive Price


Enjoy discounts when making a purchase
of all items at any MediCart Pharmacy
outlet.
Virtual Clinic
Teleconsultation
Consult your current medical problems
with our in-house medical doctor as well
as our panel specialists virtually at any
given time and place.

Request for long-term medication per-


scription and Telesalixium (SIMKA certifi-
cation) are also supported.

Mobile Health Screening


An initiative for early detection of chronic
illness which can be prevented or con-
tained.

Example of screening: Full blood analysis,


mental health assessment, immunization
or vaccination, etc...

Health Talk / Health Day


Elevate physical and mental health
awareness among employees for the
overall well-being of the company.

Reduces stigma surrounding mental


health issues in corporate setting.
Creative Work
Content Creation
MedAds Media specializes in creative consultation, graphic
design, display system, website creation, landing page cre-
ation, production house, and client servicing especially in the
digital healthcare ecosystem.

Digital Advertising Powerhouse


Further broaden your digital reach to a
wider audience suited to your business
nature using Artificial Intelligence and
strategic consumer analytics.

In collaboration with:

Your Advertisement Here! In-clinic Advertising Screen


Advertise to highly-targeted audience
through our panel clinics with high traffic
and guaranteed exposure.
TV Advertisement Slot
TV Wrap
Talent Recruitment

Headhunting Business
MedTalent is a recruitment and headhunting firm that
sources, engages and hires the best talent for companies in
various industries. We make the talent acquisition processes
run smoothly for you.

Perfect Fit For The Job


Job vacancies in various sectors will
be seen by potential candidates that
match the job requirement, after a
very thorough screening process by
our Recruitment Specialist.

Impressive Benefits With


MedTalent
Cost saving approach

Expand recruitment reach beyond


traditional method

Increase HR work efficiency while


reducing unnecessary workload

HR can focus more on planning and


implementing other work of the
organization
Medical Tourism
A Global Medical Tourism & Concierge
Platform
MedicTravel specializes in outbound and inbound medical
travel services which are suitable for individuals and groups
that seek the finest medical treatment abroad.

Pioneering Medical Advances


Receive the best medical treatment
abroad without the hassle of booking for
flights, hotels and hospitals.

Explore The World


Opt in for a laid -back sightseeing tours or
excursions to various point of interest
near the hospital.

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