Santander: Introduces receivables lockbox for healthcare clients
- Santander is a leading retail and commercial bank, founded in 1857 and headquartered in Spain
- Announced that its Commercial Banking division is collaborating with Revenue Management Solutions
- The remittance and reconciliation process for healthcare providers is often a time-consuming, repetitive, manual task
- The RMS streamlined solution allows healthcare providers to automate their revenue cycle, saving them time
- The global pandemic emphasized the unique payment processing needs of the health care industry
- The offering provides myriad bottom-line benefits to companies using the platform
