BankingBusiness

Santander: Introduces receivables lockbox for healthcare clients

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
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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