Founded by Karim Khashaba, Sherief El-Feky and Yasser Abdel Gawad in 2018, Yodawy is an online pharmacy benefits platform that connects pharmacies, health insurance companies and patients. It’s the region’s first digital claims manager and has raised $1M in Series A funding.
Currently operating in 30 cities across Egypt, it processes over 100k orders per month. Its pharmacy benefit management solution integrates pharmacies, health insurance providers and patients through a real-time AI-powered approval engine.
Through its PBM solution, yodawy benefits connects pharmacies, health insurance providers, and patients through a real-time AI-powered approval engine. This makes it easy for patients to request their medicines and get instant approvals, after which they are delivered at their doorstep.
Founded in 2018, Yodawy has managed to integrate over 3,000 pharmacies and eight health insurers across Egypt. It currently processes over 100k orders per month.
The platform enables pharmacies to grow their sales and boost e-commerce servicing, while also providing shared services and faster claims settlement. Its Egyptian partners include international insurers like Axa, Munich Re subsidiary MedNet, and Allianz unit NextCare.
Yodawy has also built an app for doctors that allows them to issue digital prescriptions with details like dosage, frequency, and duration. This helps to save time, and doctors can create templates for the most common types of cases.
Insurance at a Tap of a Button
Founded in 2018, Yodawy has rapidly integrated over 3,000 pharmacies and eight leading health insurance companies to develop an online pharmacy benefit management platform. The technology enables the entire healthcare ecosystem – pharmacies, patients, and insurance companies – to serve a wider customer base more efficiently by simplifying the ordering process and automating approvals.
Using an AI-based approval engine, Yodawy enables patients to receive their insurance coverage directly via a mobile app. They can then request medications and receive instant approvals, which they can then order on the app and have delivered to their home.
In partnership with MedNet Egypt, Yodawy also offers insured MedNet members digital access to their medication through the company’s medical network of more than 2,000 licensed pharmacies in Egypt. The new initiative aims to make healthcare more affordable, convenient and accessible for thousands of insured MedNet members.
No Need to Leave Home
Sometimes we need to leave home because of safety or security issues, but it can be difficult to do so. It’s also a big step away from your parents, who might not be able to provide the same kind of support.
But there’s a way out! It’s called yodawy benefits.
Yodawy is an online pharmacy benefits platform that connects pharmacies, insurance companies and patients through a real-time AI-powered approval engine. It also offers electronic prescriptions and co-payment automation.
It was launched a little over a year ago in 30 cities across Egypt and partners with leading insurance providers to extend insurance coverage to tens of thousands of patients.
The company’s platform enables pharmacies to grow their sales, and customers to access their insurance benefits and medical co-payments from the comfort of their own home or work place. It has more than 3,000 pharmacies in its network and has delivered over 800,000 orders to date. With this latest funding, Yodawy plans to expand its reach into new markets and introduce new features.
Cairo-based Yodawy is a digital pharmacy benefits platform that connects pharmacies, insurance providers and patients through a real-time AI-powered approval engine. It is now expanding its reach to tens of thousands of insured patients across Egypt through a partnership with MedNet.
Yodawy also helps doctors to issue prescriptions electronically. It allows them to create templates for the most common types of prescriptions and save time on the process.
Moreover, it is the first platform in Egypt that allows customers to upload their insurance cards and get their medicines delivered right away. This benefit helps customers avoid the hassle of filing long insurance forms and expedites claims.
Founded in 2018 by Karim Khashaba, Sherief El-Feky and Yasser AbdelGawad, Yodawy is currently operational in 30 cities in Egypt with a network of over 2500 partners nationwide. It is led by a team of experienced and resilient entrepreneurs with strong product passion.