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The Star
7 days ago
- Business
- The Star
CIMB partners Remedi to develop financial solutions for healthcare SMEs
From left: Gurdip Singh Sidhu, CEO, CIMB Malaysia and CIMB Bank; Lawrence Loh, co-CEO, group commercial and transaction banking, CIMB Group; Dr Khairul Faizi Khalid, managing director, Remedi; and Muhamad Faris Ashraf Md Nasser, chief technology officer; at the MoU signing between CIMB and Remedi Innovations to co-develop digital health and wellness solutions aimed at empowering health tech SMEs 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."
Barnama
7 days ago
- Business
- Barnama
CIMB signs MOU with Remedi to accelerate digital transformation for healthcare SMEs
KUALA LUMPUR, July 31 (Bernama) -- CIMB Bank Berhad ('CIMB' or 'the Bank') has signed a MOU with Remedi Innovations Sdn. Bhd. ('Remedi') to co-develop digital health and wellness solutions for health tech small and medium enterprises ('SMEs'). This strategic partnership positions CIMB as both an ecosystem enabler and innovation partner, driving technology-led financial solutions across high-growth sectors. Formed as part of CIMB's Digital Labs Innovation Programme ('the Programme'), this is designed to embed financial services within the digital platforms used by SMEs. The Programme underscores CIMB's commitment to innovation-led growth by delivering practical, sector-specific financial solutions tailored to business needs within established ecosystems. that meet businesses' needs within established ecosystems. 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. 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 plans to on board more digital providers nationwide to accelerate the growth of the health-tech industry.
