Nice Deer partners with Misr Finance to provide financing solutions for medical service providers

By Leandra Monteiro

Nice Deer, an InsurTech company specialising in developing a comprehensive integrated digital ecosystem for the health insurance industry in Egypt, announced cooperation with Misr Finance for Financial Services, in order to provide short-term financing solutions for medical service providers.

The partnership will help eliminate delays in medical expense reimbursement, encouraging collaboration with insurance companies and accelerating the growth of the health insurance industry in Egypt.

“Nice Deer managed to achieve considerable accomplishments within a short time since its establishment,” said Mostafa Medhat, Founder & CEO of Nice Deer, as he expressed delight at the new cooperation. “We worked on developing business solutions and technologies through a clear strategy that primarily focuses on expansion as well as Research and Development investments, based on our extensive expertise, in order to be one of the leading health insurance technology companies.”

Meanwhile, Engy Shalash – Co-Founder of Nice Deer, said, “Our business solutions help health insurance companies communicate more effectively with both medical service providers and beneficiaries to detect and prevent fraud and increase revenues through a widespread network of medical service providers, which we were able to expand; comprising more than 7,000 big and medium-sized chains of pharmacies, laboratories, and scan centers. In addition, we initiated the Nice Deer Clinic Management system for dental clinics, through which the platform facilitates communication as well as procedure-to-procedure interactions and sequences along with a convenient dental map, so dentists can easily track the patient’s history.  It’s expected to add four more self-funded corporations to our network soon, in addition to further collaborations with many polyclinics and hospitals.”