Franklin, TN – Healthcare TTU, Inc. is proud to announce its selection by UBS as one of three winners from the Americas, in the UBS Future of Finance Challenge Regional Final recently held in New York City. The UBS Future of Finance Challenge is a global, open innovation competition for entrepreneurs, start-ups or growing companies that could change the way finance works and how banks meet their client’s needs. UBS’s ambition is to help shape a more open and collaborative financial services industry, and to jointly develop new innovative solutions for its clients. It is UBS’s aspiration to support the competition winners in their bid to commercialize and scale their ideas and technologies by leveraging on its significant global presence, deep expertise in global banking and eco-system of innovation partners.
Held in New York on Nov 9, 2015, Healthcare TTU competed in a select group of 15 regional finalists, chosen from over 600+ global submissions across 52 countries. Other Regional competitions were held in London, Zurich and Singapore.
Healthcare TTU presented its solution, Frictionless Healthcare Finance, as part of ‘The Banking Efficiency Challenge’ category, which is focused on process automation, improved risk assessment and risk management, and effective collaboration between banks and other stakeholders globally. “We were honored just to be selected to compete, but winning the Regional Final was an absolutely stunning experience,” said Pearson Talbert, President of Healthcare TTU. “We’ve always believed we had an industry-changing solution to the many challenges facing healthcare capital finance today, and our selection by a panel of UBS senior business and technology leaders, as well as external experts, certainly serves to validate our belief that we’re on the right track.” Talbert added, “There’s enormous opportunity to reduce the inefficiency and associated capital financing costs for both banks and health systems, while at the same time creating new opportunities for both parties. We’re confident that with our experienced management team, technology, and business model that Healthcare TTU can make frictionless healthcare finance a reality.”
As a winner of the Regional Finals, Healthcare TTU will now advance to the UBS Future of Finance Challenge global final held in Zurich on December 10, 2015 to compete as one of the remaining 12 global finalists.
About Healthcare TTU
Based in Franklin, TN, the Healthcare TTU, provides the essential infrastructure for transferring, clearing, and settling financial transactions between the healthcare industry and financial markets. As an impartial intermediary, Healthcare TTU benefits both parties by bringing transparency and cost reduction to healthcare finance. Healthcare TTU was created by a group of successful financial services, healthcare, and technology industry executives with deep experience in central clearing and settlement utilities, and healthcare finance. More information may be found at www.healthcarettu.com or by contacting us directly at (615) 861-2331 or firstname.lastname@example.org