CorroHealth, a global leader in healthcare technology, has announced a strategic investment in Dubai-based SANTECHTURE, a frontrunner in intelligent revenue cycle management (RCM) solutions. This partnership aims to bring CorroHealth’s advanced AI capabilities into SANTECHTURE’s RCM platforms, enhancing service delivery for healthcare providers across the Gulf Cooperation Council (GCC) region.
The alliance solidifies a collaborative relationship that has matured over the past two years, during which both companies have delivered successful proof-of-concept projects for SANTECHTURE clients. The collaboration gained further visibility during a jointly hosted AI and RCM innovation reception at Arab Health earlier this year.
Backed by institutional investors Gulf Capital and Shorooq Partners, SANTECHTURE has experienced rapid growth amid increasing demand for its deep-tech RCM platforms across regional markets. The new investment will further support its mission to scale innovation and deliver measurable value to healthcare clients.
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“This is an exciting step forward for CorroHealth, as we combine our technological capabilities with a local company based in the GCC region. CorroHealth joining forces with SANTECHTURE brings the best of both worlds to provide clients in the region with unsurpassed RCM capabilities to protect hospitals’ bottom lines and help to ensure their financial future,” said Pat Leonard, CEO of CorroHealth.
Anas Batikhi, Founder and CEO of SANTECHTURE, added, “The pairing of SANTECHTURE’s unique leading-edge solutions with CorroHealth’s AI driven innovations in the RCM technology space is truly unrivalled. We are especially thrilled to be cementing further our working relationship with CorroHealth and leading the intelligent automation drive to support our clients and partners with their RCM digital transformation journey, delivering on cost reduction and improved revenue outcomes.”
Institutional backers also welcomed the development. Mohammad Madani, Managing Director at Gulf Capital, said, “This strategic investment is a strong validation of SANTECHTURE’s leadership in intelligent RCM solutions across the GCC and marks a pivotal milestone in its growth journey.”
Highlighting the move’s broader significance, Bilal Mushtaq, Executive Vice President of Global Growth and Strategy at CorroHealth, remarked, “This strategic investment and partnership marks a pivotal step forward in our growth strategy, reinforcing our commitment to innovation and delivering greater value to a new market. This is not just a collaboration but a shared vision to forge a new path towards providing excellence in revenue cycle management.”
With this partnership, CorroHealth and SANTECHTURE are poised to deliver a next-generation suite of AI-driven RCM solutions, reshaping financial operations and digital transformation across the healthcare ecosystem in the GCC.
