Kenya: Carepay Taps M-Tiba Boss As New CEO

Nairobi — Health payments provider CarePay International has picked Pieter Prickaerts as the new Managing Director to spearhead global expansion.

Prickaerts, who will also continue to oversee M-TIBA's operations in Kenya, was selected by the Supervisory Board of CarePay International.

He succeeds Kees van Lede, who has led CarePay for nine years and will transition to an advisory role while remaining closely involved as a co-founder.

In addition, CarePay International also announced the appointment of Rita Okuthe to the Supervisory Board.

"In our mission to provide healthcare access to more people in Kenya, across the region and internationally, Pieter will be supported by a robust and diverse management team," stated Okuthe.

Pieter joined CarePay in 2019 as Customer Success Director and became Managing Director of M-TIBA in 2023.

In these roles, he scaled CarePay's technology in Kenya, enhancing the accessibility and affordability of health insurance for Kenyans.

Prior to CarePay, Pieter held roles at McKinsey & Company across various global locations.

CarePay's platform connects individual members with payers and healthcare providers in real-time, managing patient payments and information flows efficiently.

This cloud-based technology reduces administration costs and accelerates hospital payments through automation and AI, thereby lowering healthcare costs and enhancing transparency and the patient experience.

To date, over 4.8 million individuals and 5,000 healthcare providers have joined the platform, with CarePay preparing for expansion into new markets.

The company raised $45 million in Series A funding in 2019. CarePay was also recognized in Fortune's 500 'Change the World' index in 2020.

"The transformative impact of technology on healthcare administration is profound, especially as global healthcare costs continue to rise," said Prickaerts.

"In Sub-Saharan Africa, less than 15% of the population has access to health insurance, highlighting the critical need to expand access. I am honored by the board's trust in appointing me as CEO and look forward to advancing our global healthcare transformation."

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.