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MediLink-Global UK Ltd

  • BY: Andrew Hore |
  • POSTED: 06/07/2009 |

MediLink-Global UK Ltd has signed a three year contract to provide third party administration services to AVIVA-COFCO Life Insurance in China.

This sparked a 2.25p rise in the share price to 12.75p a share, which values the company at £13.2m. MediLink supplies healthcare cards to individuals on behalf of health insurance companies or employers and can also provide outsourced back office work for its customers as part of the service.

AVIVA-COFCO has operations in more than 40 cities in China. The agreement has an automatic renewal for a further three years and also includes the medical second opinion .

All Qualitas Medical’s clinics will use MediLink’s claims application system in return for transaction fees based on clinic visits. Qualitas is the largest primary care and out-patient services provider in Malaysia.  A deal with Sime Darby Medical Centre will help to promote MediLink’s medical tourism-based services.

MediLink has also won a facilitation contract with AXA Affin General Insurance Berhad in Malaysia. This includes a 24 hour medical help-line, cross border medical care, referrals and repatriation. 

There are 700 healthcare providers in the MediLink network and this is on course to reach 1,000 by the end of 2009. 

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