KUALA LUMPUR: CIMB Bank Bhd has inked a memorandum of understanding with Remedi Innovations Sdn Bhd to co-develop digital health and wellness solutions for health tech small and medium enterprises (SME).
Remedi is a certified provider of Electronic Medical Records (EMR) and digital health solutions, which offers a cloud-based clinic management system that enables healthcare providers to optimise clinic operations and enhance patient care.
In a stament, the bank said the partnership was formed as part of CIMB’s Digital Labs Innovation Programme, and was designed to embed financial services within the digital platforms used by SMEs.
Through this collaboration, CIMB and Remedi will co-develop embedded financial solutions directly within Remedi’s digital infrastructure that is tailored to the needs of Remedi’s clients – which includes clinics, healthcare providers and pharmaceutical suppliers.
With the roll-out, the bank said it plans to on board more digital providers nationwide to accelerate the growth of the health-tech industry.
"Healthcare is a high-potential growth sector in Malaysia, and we see significant opportunity to support its digital transformation.
"Through this partnership, we aim to help healthcare SMEs streamline operations, improve financial management and ultimately, focus on delivering better care," said CIMB Group
commercial and transaction banking co-ceo Lawrence Loh in a statement.
Remedi Innovations managing director Dr Khairul Faizi Khalid said by removing the complexity of managing separate financial and operational systems, they are enabling healthcare providers to focus entirely on what they
do best – caring for their patients.
"This collaboration transforms how healthcare SMEs operate, offering them the convenience of streamlined procurement, payments, and business management tools within the ecosystem they already trust."
