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Many health professionals, such as doctors and pharmacists, have to carry out activities such as financial and accounting processes and their work with patients. Martin Buhl, who has many years of experience in banking, including at PayPal, founded the start-up Cure to relieve healthcare professionals of such tasks. Cure Finance is a digital financial service provider with a digitally supported platform with a complete overview of healthcare professions.

Managing Director Martin Buhl has also brought other people with expertise into his company, including Wolfgang Strobel as Chief Financial Officer – formerly of HVB, UniCredit, and DAB – and Chief Technology Officer Stefan Weiss. Weiss has many years of experience as a self-employed IT consultant, as does Communications Director Cassie Kübitz-Whiteley, who worked as Communications and Marketing Director for Apobank.

Buhl explains in an interview with a pharmacy trade journal that Cure is not a normal banking and financial service provider and does not compete with Apobank. However, the doctors‘ and pharmacists‘ banks had major IT problems.

Rather, Buhl believes that the medical profession segment urgently needs renewal in specific problem-solving processes such as purchasing, billing, and payment processes, which are currently far too slow and cumbersome.

Cure is thus an intelligent financial solution in banking, accounting, and controlling with good data structuring and data intelligence, which will prove particularly advantageous in pharmacies when implementing the telematics infrastructure (TI) and e-prescribing. However, until pharmacies can use information management as a dashboard of Cure, it is the doctors‘ turn first. According to Buhl, they have the greatest need to improve financial processes.

However, Cure’s portfolio development also includes sector-specific adaptation measures because pharmacies also need optimization. All revenues and expenses converge via the Cure dashboard and are subjected to a structuring process. Pharmacists and doctors only have to load the dashboard. There is no need to switch from Apobank to Cure, explains the start-up’s CEO.

In perspective, however, Cure could develop from a financial platform to a real bank with its own accounts. The dashboard launch is planned for October this year, and development will continue in 2022 so that we can perhaps expect an account launch for customers from 2023.

Cure, he says, is essential and a useful complement to other offerings in the financial and banking markets for healthcare professionals. Pharmacists, for example, can also hope for facilitation in investments and financing products. There are also plenty of potentials for billing, as the billing industry is also waiting for Cure to connect so that solutions to problems can be sought. The start-up has also set up an online financial community for designated health professionals so that people can exchange information on money topics.

Source: www.apotheke-adhoc.de