MMI acquisition of CareCross finalised

The MMI Holdings Limited’s (MMI) acquisition of CareCross Health Group, including a majority share in Occupational Care South Africa (OCSA) (first announced in June 2014) has been finalised with regulatory approval including the Competition Commission having been received.

Since its inception in 1998, CareCross has focused on delivering affordable healthcare through provider networks. The company, with a national network of around 2 000 General Practitioners and 4 000 associated healthcare professionals such as specialists, dentists and optometrists, currently delivers managed care and administration services to approximately 200 000 medical scheme beneficiaries.

OCSA is widely considered a market leader in workplace health and wellness solutions. Through a joint initiative with OCSA, CareCross delivers integrated occupational health solutions to approximately 55 000 workers nationally.

The acquisition of CareCross Health extends the ability of MMI and its Health Solutions division to offer holistic solutions to existing and prospective clients, further reinforcing MMI’s commitment to client centricity.