Citi Perspectives 2024 Corporates Edition
| 11 A Prescription for Healthcare Treasury: How AI can accelerate healthcare treasury management Such solutions rely on distributed ledger technology to ensure synchronization of cash flows. Treasury can use tokenized funds to move cash in real time, reducing risk, enhancing security, facilitating always-on infrastructure, and enabling programmability and automation. These innovative solutions are just a few of the invaluable options that are meeting the evolving needs of healthcare treasury organizations today, and are setting the stage to tackle tomorrow’s needs as well. Advancements in medicine and treatment options are revolutionizing care, while next-gen payment solutions are doing the same for managing liquidity. Alongside liquidity management, working capital is an emerging area of focus for healthcare companies. In a recent survey conducted with over 130 healthcare clients, a resounding 60% chose working capital optimization as the key treasury fundamental to prioritize for the year. This represents a real shift in the treasury priorities of healthcare companies and is something that Citi is acutely focused on to support clients as they navigate the next phase of optimization. The future of the healthcare industry is filled with tremendous promise. A banking provider that understands the nuances of the healthcare industry is essential to help you navigate your treasury and commercial journeys in this rapidly evolving industry. Saurabh Gupta Global Head of Citi Commercial Bank Sales, Citi Treasury and Trade Solutions Adam Spielman Global Head of Health and Consumer, Citi Global Insights Listen to this article Holly Johnson Stuhr Healthcare Global Solutions, Citi Treasury and Trade Solutions “On the clinical side, AI is being used as a powerful tool for advancing research and development for new pharmaceutical and biomedical treatments.” Adam Spielman Global Head of Health and Consumer at Citi Global Insights Ryan Rugg Global Head of Digital Assets, Citi Treasury and Trade Solutions
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