Wema Bank Launches Hospital Management Solution

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Wema Bank Plc has launched a comprehensive Hospital Management Solution System designed to enhance day-to-day operations of hospitals in Nigeria by digitising core administrative processes and patient data management in medical centres.

The hospital management solution system is a one stop-shop single technology platform that enables patients make payment (Cash or card) at various cash points.

It improves the daily operations of hospitals and medical centres by providing a simple, transparent, accountable and integrated solution for better returns for the hospitals and a seamless experience for the patient.

Also, a statement from the bank explained that the solution has the capacity to generate reports such as accounting, revenue collections/volume, transactions, intelligence report, inventory management reports, among others.

“Most hospital operations generate substantial amount of cash at any given time during operating hours but solution ensures a reduction or complete elimination of revenue losses due to pilferage, unaccountability and lack of adequate reporting.
“The solution runs via point of sale terminals and will capture patient details, with the intent of providing proper monitoring, accountability and reconciliation of data.

“The Pos terminal is integrated at the backend to interact with the hospital ICT system. It also helps in effective management of patient history database,” it added.
In addition, the customer’s management module allows patient data to be captured and retrieved whenever the need arises.
Using a customised card, patients’ data, customer’s transaction history, details and information are well archived for future references and encrypted via our unique Quick Response (QR) code system.

The Pos solution is also customisable to have the look and feel of any hospital identity and can be re-designed to capture the unique revenue heads in the hospital.
The pilot scheme was launched in the University College Hospital (UCH) Ibadan, Oyo State, recently.
The Acting Managing Director/Chief Executive Officer, Wema Bank, Ademola Adebise, noted that the bank’s bid to become the most innovative bank in Nigeria drives it to deliver cutting-edge solutions that saves time and money and offers superior value to all stakeholders.

“Our aim is to bring banking directly to our clients thus offering a holistic and integrated approach to financial services needs and other valuable convenience.
“The hospital management solution system is a state of the art and affordable retail business solution that meets the limitations and challenges surrounding the hospital on turnover related business.”

He added that, “Wema Bank Plc places a high premium on adding value to partner organisations. We have state-of-the-art IT solutions that are second to none and we are very well positioned to offer our clients access to the most modern electronic banking facilities.”
The bank’s keenness to consolidate its position as a leader in the digital banking space has seen it build a robust portfolio of digital solutions tailored to meet a diverse pool of customers and tailored to suit the dynamic lifestyles of students, budding entrepreneurs and young professionals, he said.