Global HealthTech firm CorroHealth invests in UAE-based Santechture

Global healthcare technology company CorroHealth has made a strategic investment into Dubai based pioneering revenue cycle management (RCM) intelligent technology solutions provider Santechture.

The deal brings together the industry-leading AI capabilities of CorroHealth with the advanced RCM solutions of Santechture, equipping Santechture healthcare clients across the GCC region with powerful new technology to maximize ROI.

The investment formalizes what has been a productive working relationship between the two companies. Over the past two years, CorroHealth and Santechture have successfully completed multiple proofs of concept for Santechture clients. In January, Santechture and CorroHealth jointly hosted the Arab Health reception focused on AI and Revenue Cycle Management (RCM) Innovation.

Santechture, which is backed by leading institutional investors Gulf Capital and Shorooq Partners, has seen a phenomenal increase in demand for its advanced deep tech RCM solutions across regional markets, and this partnership will support yet another leap ahead in advancing innovation and value creation.

Funding 💰

Round Strategic Round
Lead investor(s) CorroHealth

Quotes 💬

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.
Anas Batikhi, Founder & CEO
We are proud to have been early backers of SANTECHTURE and to now support this landmark partnership between SANTECHTURE's and CorroHealth. 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. We are confident this collaboration will unlock significant value for healthcare providers in the region.
Mohammad Madani, Managing Director at Gulf Capital
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.
Bilal Mushtaq, MD, CorroHealth's Executive Vice President of Global Growth and Strategy for GCC market expansion

About 🏢

SANTECHTURE is working to transform Revenue Cycle Management (RCM) in the Middle East, North Africa and Asia through smart AI- and cloud-based solutions. The company's Software as a Solution (SaaS) products help healthcare providers develop efficient Revenue Cycle Management to reduce cost, increase automation, maximize accuracy and safeguard revenue. SANTECHTURE operates across KSA, UAE, India and Egypt — serving a roster of blue-chip public and private sector customers and helping them to achieve RCM excellence, improve efficiency, accelerate collections and boost overall profitability. more
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