NAB Backs ‘Uber-Like’ Medi-Plan

National Australia Bank has taken a stake in Medipass Solutions, an Australian start-up that claims to deliver an “Uber-like” system for practitioners, patients and insurers in the $59 billion healthcare booking and payments market.Amount of the NAB investment has not been revealed but

is said to give the bank a minority, non-controlling interest in Medipass.

It’s the second major start-up investment by NAB which has previously invested

in business management outfit Data Republic.

Medipass, formerly part of tech company Localz, is said to allow customers to

search different healthcare providers, get cost estimates, make an appointment,

pay and claim. It has a smartphone app and claims to be integrated with private

health funds’ own systems.