US-based healthtech firm CorroHealth invested an undisclosed amount in Santechture, a Dubai-based revenue cycle management (RCM) solutions provider, backed by Gulf Capital and Shorooq Partners according to a press release (pdf). The partnership will integrate CorroHealth ’s AI capabilities with Santechture’s RCM solutions.
Why it matters: The aim is to support healthcare providers in the region with digital transformation, cost reduction, and improved financial outcomes.
What they said: The partnership will “provide clients in the region with unsurpassed RCM capabilities to protect hospitals’ bottom lines and help to ensure their financial future,” CorroHealth’s CEO Pat Leonard said.
REMEMBER- Gulf Capital has been actively streamlining its portfolio. The firm has exited stakes in Kuiper Group, AmCan, and Middle East Glass since 2024, and is preparing three more exits in the coming months, CEO Karim El Solh previously told EnterpriseAM.
About Santechture: Established in 2019, the company currently operates across Saudi, the UAE, India, and Egypt, according to its LinkedIn profile.