Circular Healthcare Economy in a population of disabled people that are marginalised and excluded is crucial. To ensure that everyone, regardless of their socio-economic status, has access to the tools that can empower them appropriately.
Assistive technologies have played a pivotal role in bridging the gap for individuals with disabilities. Enabling them to lead more independent and fulfilling lives. Ludada and Associates, under the visionary leadership of Founder and Managing Director Ncedo Ludada. Is proud to announce a pioneering business strategy aimed at bridging the gap between private and public healthcare sectors.
With an illustrious background of 6 years in the private sector at Ludada and Associates Orthopaedic Services and 7 years in the public sector. Ludada commits to reshape the narrative of access to assistive technologies.
“Beyond, my personal experience of serving public patients with standard limited assistive technologies. I had the misconception that private healthcare consumers had access to enabling assistive technologies. As a result, venturing into business was about bridging the gap between private and public”. However, in the last 6 years, I’ve learnt that the private sector is unaffordable even in medical insurances. Hence, medical aid members contribute 55% more out of pockets than 5 years ago. Making it unsustainable in the long-term”. This could be attributed to the wasteful linear healthcare model of regarding assistive technologies as Single Use Devices.
Circular Healthcare Economy is offering us an opportunity to bridge the gap between private and public institutions.
The Circular Economy Approach
Ludada and Associates Orthopaedic Services is introducing a circular economy approach. A strategy that not only aims to increase market share by 35% by the end of 2024. But also promises to revolutionize the approach to healthcare and assistive technologies in Africa.
The start of the strategy is to launch a buyback program of Assistive Technologies post recovery. Allowing customers to earn points for every returned device. Individuals can redeem points to extend coverage beyond medical aid limitations. Cover family members not included in medical plans. This innovative approach provides a more comprehensive healthcare coverage solution for customers and their loved ones. Whereas Medical insurances (B2B) may redeem green points. For demonstrating commitment to environmental sustainability but also supporting social disability causes.
Assistive technologies will form part of an innovative research approved by Regenesys Business School. The aim is to challenge the convention of regarding assistive technologies as Single Use Devices. By exploring the feasibility of reusing assistive technologies. This initiative will targets the 84% of the public who cannot afford quality private healthcare. Making healthcare more affordable and accessible to a wider population.
We believe this strategy will give us a competitive edge in the market. Aligns with our commitment to providing quality healthcare to all. While being conscious of our environmental footprint.
A Call for collaboration
Ludada and Associates Orthopaedic Services is excited about this transformative journey. Looks forward to the support and advice of various healthcare stakeholders, partners, and the community at large.
The vision is to create an inclusive and universally accessible assistive technology landscape in Africa. We look forward to your support, feedback and advice as we embark on this exciting journey. Together, we can make quality healthcare more accessible, sustainable, and environmentally conscious.
About Ludada and Associates Orthopaedic Services
Ludada and Associates Orthopaedic Services is a pioneering healthcare solutions provider.
Committed to revolutionizing access to assistive technologies in Africa. Founded by Ncedo Ludada, the company combines extensive experience in both the private and public sectors. To bridge the gap between different healthcare landscapes. Circular economy approach seeks to transform the industry. By making healthcare more inclusive, affordable, and environmentally sustainable.