RISCAP Holdings Ltd, a sister company to MoonGate Group Ltd. (MoonGate) has acquired the family medical practice of Dr. Constance Richards. The transaction concluded in June 2022 and the Practice has recently been rebranded as MoonGate Medical.
MoonGate CEO, Leon L. Bascome stated that “We went through a very rigorous and extensive process ensuring that our systems and people comply with the extremely high standards set by the authorities. These included the Bermuda Medical Doctors Association, Bermuda Health Council and the Bermuda Government. It is gratifying to know that we are certified as fit and proper to continue with and develop the practice and serve the community.”
MoonGate has contacted all clients to reassure them Dr. Richards will continue to practice medicine and be a part of the medical team, along with medical assistants Lisa Hardy and Eureeka Minors.
MoonGate Medical has already expanded and is also taking the opportunity to introduce two physicians: Dr. Caren Griffith-Fadlin and Dr. Andrea Claire Gilford Johnson:
The acquisition of the medical practice comes in MoonGate’s 10th anniversary year of offering HealthGap, a supplemental benefit which boosts basic insurance plans such as HIP and Future Care. Mr. Bascome continued: “There is no conflict of interest, as we are not a primary Health Insurer; we provide a supplement for services outside of the hospital, such as air ambulance and other healthcare services.
The decision for the Group to diversify into primary care wasn’t taken lightly; we recognize the tremendous work which is already being done in this space. MoonGate Medical’s focus is on early detection, chronic disease management and avoidance of late-stage diseases. We will look to introduce technology for patients which will empower them to make decisions on their health and address items such as alcohol/smoking consumption, bad nutrition and lack of exercise.
Bermuda’s statistics are frightening; collectively, we need to encourage and enable people to visit their doctors earlier, which can reduce costs and strain on the system down the line. The challenge is how we can provide incentives and make it more affordable for our community to do so: I’m sure many are working on that and we will, as well. At MoonGate Medical, we want people to “Know Your Numbers” – this is our goal.”
MoonGate Medical Practice is currently located at 14 Dundonald Street West in the City of Hamilton; you may call to book an appointment at 295-4265.
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