UAE HealthTech SANTECHTURE Secures Majority Investment from CorroHealth for MENA Expansion
SANTECHTURE, a leading UAE-based healthtech company, has secured a majority stake investment from the major US healthcare solutions provider, CorroHealth. This landmark partnership will inject significant resources and global expertise into SANTECHTURE, empowering the Emirati firm to accelerate its growth and solidify its leadership in AI-powered Revenue Cycle Management (RCM) across the Middle East.
Accelerating Growth with a Global Partner
This strategic investment marks a new era for SANTECHTURE. With the backing of a global leader like CorroHealth, the UAE-based company is now poised to rapidly scale its operations, enhance its innovative technology, and expand its market reach. The partnership will enable SANTECHTURE to leverage CorroHealth's extensive resources while continuing to lead the charge in the regional market under the continued leadership of its founder and CEO, Anas Batikhi.
SANTECHTURE's AI-Driven RCM Solutions
Headquartered in the UAE, SANTECHTURE has established itself as a key innovator by developing AI-driven solutions that automate and optimize the financial backbone of healthcare providers in the UAE and Saudi Arabia. Its platform streamlines critical processes like medical coding, billing, and insurance claims management, helping regional hospitals and clinics to improve accuracy, reduce claim denials, and accelerate revenue collection.
Leadership on a Shared Vision for Regional Excellence
Anas Batikhi, Founder and CEO of SANTECHTURE, expressed his excitement about the partnership's potential to amplify their mission. "This partnership with CorroHealth is a testament to the value and innovation we've built at SANTECHTURE. Their expertise and resources will be instrumental in helping us scale faster, enhance our AI capabilities, and deliver even greater value to our clients in the region," he stated.
This vision is supported by Pat Leonard, CEO of CorroHealth, who praised SANTECHTURE's deep understanding of the regional market and its advanced technology, validating the strength and potential of the UAE-based company on a global scale.
About SANTECHTURE
SANTECHTURE is a UAE-based healthtech company founded by Anas Batikhi. It specializes in providing AI-powered Revenue Cycle Management (RCM) software and services to healthcare providers across the Middle East, with a strong presence in the UAE and Saudi Arabia.
About CorroHealth
CorroHealth is a US-based company that provides a wide range of technology-enabled solutions and services for the healthcare industry. It is a leading provider of Revenue Cycle Management solutions, helping healthcare organizations to improve their financial performance and operational efficiency.
Looking Ahead: A UAE Success Story Going Global
The majority investment in SANTECHTURE is a powerful vote of confidence in the UAE's healthtech ecosystem and its ability to produce globally competitive companies. This partnership will not only enhance the services available to regional healthcare providers but will also empower a leading Emirati company to expand its influence, driving innovation from the UAE to the wider world.
Source: Wamda