Award winning cashless healthcare services platform, MediBuddy, partners with Lybrate, Apollo Pharmacy, and PharmEasy to enable cashless access to 1 lakh+ doctors and 2800+ pharmacies. In an industry-first, MediBuddy enables cashless store pickup of prescription medicines at all Apollo Pharmacies in 336 cities. With Lybrate, the platform now offers access to over 100,000 verified doctors, both general practitioners and specialists, in 31 cities with the ability to digitally book appointments and make consultations cashless for the member. MediBuddy also collaborates with PharmEasy to enable cashless home delivery of medicines at deep discounts.
Once you confirm your order, the platform automatically creates a cashless claim, which in turn is settled directly by the insurer. MediBuddy handles cashless claims for over 20 insurer partners in the country. In addition, the platform also offers a range of online and mobile wallet payment options. MediBuddy is actively accessed by over 3 lakh members each month. Over 90% of all pharmacy orders and over 80% of health check orders received on MediBuddy are already processed in the cashless format.
“We have been fortunate to partner with several trusted healthcare brands in the country. Our network of hospitals, clinics, and diagnostic centres gives us comprehensive coverage in health checks, consultations, medicines, dental care, lab tests, ante-natal care, home healthcare and a host of online consultation services,” says Prashant Jhaveri, Chief Business Officer, MediBuddy.
PharmEasy co-founder Dharmil Sheth, says, “We are the country’s largest online pharmacy platform with a reach over 9000 pin codes. We also enable e-prescriptions for patients on the platform. MediBuddy is simplifying one of the most complex issues in the country – cashless benefits – with a mix of FinTech and HealthTech. This is a win-win for every stakeholder in the ecosystem – from the practitioner, to the patient, to the provider, and finally the payer.”
Describing the opportunity in the Indian market, Ramakrishna D, Marketing Head, Apollo Pharmacy says, “Over 50% of all outpatient medical spend of families is towards medicines. We have been able to tap into this opportunity of providing cashless benefits to the B2B and B2C segments with our strong presence in T1, T2 & T3 cities. Cashless store pickup at all our pharmacies with MediBuddy gives the ease and convenience to our customers to manage their prescriptions without having to take the often time-consuming reimbursements route.”
Speaking about the catalog of doctors now on MediBuddy, Saurabh Arora, Founder & CEO, Lybrate, says, “Lybrate has a huge network of over 1 lakh verified doctors. With the partnership, MediBuddy users will have access to our network of quality healthcare professionals. For users, this will make the process of finding doctors across specialties and locations smooth and seamless. This partnership will also allow us to leverage the large corporate customer-base that MediBuddy enjoys.”